Although the global recession centered on Asia, it effected Australia because Asia is the destination of much of Australia's exports. ... Australia's economic history During World War I, 60,000 Australians lost their lives. ... Australia is home to some of the world's great mining companies (Australian Advantage). ... For the first time in Australia's history, mineral deposits are being depleted faster than new ones are being discovered. ... Part of Australia's success can be attributed to the Australia Wine Export Council, which was established in 1992. ...

• Word Count: 1814
• Approx Pages: 7
• Has Bibliography

As you can see in the graph below, this figure has been rapidly growing throughout Australia's history, whereas the public sector remains stable in its contribution to net foreign debt. ... Australia has an extremely low savings level, only 3.7% per household. ... Foreign ownership is also a cause of foreign debt, money made in Australia is sent overseas instead of being invested back into the Australian market. ... Yet another country to compare Australia to is our trade partner China. ... After comparing Australia's foreign debt to other countries of different economic positi...

• Word Count: 1354
• Approx Pages: 5
• Grade Level: High School

Barrow Island has a unique place in Western Australia's history, geography and social development. Barrow Island is located in the Carnarvon Basin, 55kms off the North West coast of Western Australia; it is one of the last remainders of what Australia was like prior to European invasion. ... Australia's proximity to the Asia Pacific Market provides Gorgon with transport cost advantages as well as a secure share of the growing LNG market in Asia and North America. The Gorgon project will meet the need for clean energy in today's market place; it will enhance energy competition an...

• Word Count: 2008
• Approx Pages: 8
• Grade Level: Graduate