Australia "The Lucky Country"
It’s been called “the Lucky Country Ein reference to its natural resources found beneath the terra which reminds us of a pristine Earth. At once Australia was the biggest island in the world and a continent, and apart from other continents and been isolated for over millions of years, it’s been providing breathtaking scenery for all fauna and florae. How vividly they have evolved on this immeasurable canvas!
Australia hosts more than 140 species of marsupials, including koalas, kangaroos, and the Tasmanian devils. Plants have been breathed for exceedingly-long life on Earth. Tasmanian pandanus, eucalyptus of mainland, baobab, which put up the evidence for the theory of continental drift, and a rain forest listed on the a World Heritage List. In whatever way, it’s been a country of luck for them all.
17 Australian properties are on the World Heritage List, and 15 listed under the World Heritage criteria for natural heritage, while Kakadu National Park, Uluru-Kata Tjuta National Park, Purnululu National Park, Willandra Lakes region and the Tasmanian Wilderness are listed both their natural and cultural value, which is the largest number in the world.
The culture, social and religious history of Australia can be traced back to forty thousand years or beyond. Now 2.2 per cent of population has Aboriginal roots, back to the original occupants of the continent. Torres Strait Islander, who also consist the indigenous population, who are ethnically and culturally different from Aborigine, share many cultural similarities with the people of Papua New Guinea and other Pacific islands.
Australia has been reaping the fruits of multi-cultural background of nation-building. Recent survey shows that almost one in four of Australia's estimated resident population of 21 million was born overseas. Australian character reflects the nation’s unique blend of established traditions and new influences. It is the product of an ancient landscape that is home to both the world’s oldest continuous cultural traditions and a rich mix of migrant cultures.
Economy - "Return Of The Golden Age"
Australia has been carefully watched around the world for its buoyant economic development. In spite of confronting Asian currency crisis and the bursting of the dot.com bubble, Australia minimized the worldwide impact and experiencing its longest ever period of economic expansion at an average annual growth rate of 3.5% since 1992. This booming economic circumstance is compared to the Australian Golden Age in 1960s, when the country achieved high growth rate and steady low-inflation growth, with low unemployment of 1 to 2%.
Today, Australia wins back its “luck E an enormous resource demand and growth market of neighboring Asia, which continues its growth as a center of global development. In 1989, Australia broached the idea of Asia-Pacific Economic Cooperation forum and dedicated for its set up. Closer ties with Asia keep up: Australia agreed the Bilateral Free-trade Agreement (FTA) between Thailand and Singapore and attended at East Asia Summit in 2005. Australia will thrive on the basis of leading structural reform achieved country, strengthening the economic partnership with Asia.
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