In an area of 7,617,930 sq Kilometers. It is a mega different country, and its size gives it a wide variety of topography and climates with comeuppance in the center tropical rainforest in the northeast and mountain ranges in the southeast.
Australia’s source of income
Australia generates its income from several sources:
- International Education
- Mining related exports
- Banking manufacturing
Australia is an indigenous power and has the world’s 13th eminent military expenditure. Australia ranks highly in quality of:
- The country pushes for a universal system, and ex-pats can anticipate getting high-quality care while residing here.
- Permanent residents can acquire medical free of charge or at extremely low expense.
- The country has some of the best schools and higher learning systems. It is among the countries with the highest number of foreign students in the world. It is a member of international groups e.g.
- The commonwealth
- The United Nations
- Five eyes
- The G20
- The Pacific Island forum
Australia is separated from Asia by the Arafura and Timor seas, with the Coral Sea lying off the Queensland coast and the Tasman Sea lying between Australia and New Zealand. Australia has 34,281km 21,262miles of coastline excluding all offshore islands. The desert or semi-arid land is ordinarily known as the outback makes up by far the largest portion of land.
The topography of the top ends and the Gulf countries with their tropical climate include desert rainforest, wetland, woodland – grassland. The Australian landmass and Tasmania are positioned in the middle of the tectonic plate and have no active volcanoes. Due to the passing over the east Australian hotspot recent volcanism has occurred during the Holocene in the newer volcanic province of western Victoria and southeastern South Australia.
Even though a large part of Australia is semi-arid, the desert part of the continent includes a diverse range of habitats from alpine heaths to tropical rainforests.
What attracts investors
Australia is the 8th largest recipient of foreign direct investments in the world; it is ranked in the top 10 list compiled by (the United Nations conference on trade and development) for the consecutive year.
Stable and resilient economy
Australia is a flexible related economy by all three major credit agencies in the world. Temperamental fitch and sand beach. Stability and adaptability in the economy are supported by Australia’s sound macroeconomic programs.
Favorable political and business environment.
Australia’s stable political atmosphere, good governance, and transparent nonsupervisory framework make it a very eye-catching investment destination. Indicator states that Australia has a strong free market that is sustained by a competent government and legal system as well as an independent regulatory system.
Quality of life
Another main component that makes Australia a spectacular investment destination is its quality of life. Best countries 2018 reports grounded on factors from quality life chances and economic potential was compiled by the Y&R’s BAV Group and Wharton school of the University of Pennsylvania.
These are attributes of a country that signify or relate to its quality of life: affordability, good job requests, family-friendly, financial stability, political stability, safety, income stability, public health system, and well-developed education.
There is propinquity to high growth demands in the Asia Pacific region which alters most of its export markets. Where it’s located allows many international trading agreements and it also benefits from time zone differences. Where Australia budgets major world time zones global companies can also profit from time zone differences.
Australia has one of the most experienced and learned employed labor forces in the world. The workforce is highly talented because of the exceptional education system and technical training services; they are especially known for their skills in the finance sector. It includes:
- Insurance services
- Health care
- Education (Training)
- Information media and financial
It’s one of the largest multilinguals and multi-cultural workforces in the world.