economyPolitics and Economy in Australia

Australia is one of the most developed markets in the world with a capitalist economy worth approximately US$1.6 trillion. The nation is a G7 member. The Reserve Bank of Australia headquartered in Sydney.

Australia is a constitutional monarchy run through a federal government.  While Queen Elizabeth II of England is the country’s figure-head, operational power is held by the government, currently the Liberal Party.  The party leader, Tony Abott, is Australia’s Current Prime Minister. The federal government is based in Canberra.

More about Politics & Economy

votingPolitics and Voting

Australian citizens have a social responsibility to vote in every election they are registered for. Voting takes place at all three levels of government. more

partiesPolitical parties

Political parties are at the centre of Australian government. The parties represent the different views of the Australian people. more

Living in Australia