of government: Prime Minister Julia Eileen GILLARD (since 24 June 2010); Deputy Prime Minister Wayne Maxwell SWAN (since 24 June 2010)
cabinet: prime minister nominates, from among members of Parliament, candidates who are subsequently sworn in by the governor general to serve as government ministers (For more information visit the World Leaders website ) elections: the monarchy is hereditary; governor general appointed by the monarch on the recommendation of the prime minister; following legislative elections, the leader of the majority party or leader of a majority coalition is sworn in as prime minister by the governor general
Legislative branch:
bicameral Federal Parliament consists of the Senate (76 seats; 12 members from each of the six states and 2 from each of the two mainland territories; one-half of state members are elected every three years by popular vote to serve six-year terms while all territory members are elected every three years) and the House of Representatives (150 seats; members elected by popular vote to serve terms of up to three-years; no state can have fewer than 5 representatives)
elections: half-Senate - last held on 21 August 2010; House of Representatives - last held on 21 August 2010 (the latest a simultaneous half-Senate and House of Representative elections can be held is 2014)
election results: Senate - percent of vote by party - NA; seats by party - Liberal/National Party 34, Australian Labor Party 31, Greens 9, others 2; House of Representatives - percent of vote by party - Australian Labor Party 38.1%, Liberal Party 30.4%, Greens 11.5%, Liberal National Party of Queensland 9.3%, independents 6.6%, The Nationals 3.7%, Country Liberals 0.3%; seats by party - Australian Labor Party 72, Liberal Party 44, Liberal National Party of Queensland 21, The Nationals 7, Country Liberals 1, Greens 1, independents 4
Judicial branch:
High Court (the chief justice and six other justices are appointed by the governor general acting on the advice of the government)
Political parties and leaders:
Australian Greens [Bob BROWN]; Australian Labor Party [Julia
GILLARD]; Family First Party [Steve FIELDING]; Liberal Party [Tony
ABBOTT]; The Nationals [Warren TRUSS]
Political pressure groups and leaders:
other: business groups; environmental groups; social groups; trade unions
International organization participation:
ADB, ANZUS, APEC, ARF, ASEAN (dialogue partner), Australia Group,
BIS, C, CP, EAS, EBRD, FAO, FATF, G-20, IAEA, IBRD, ICAO, ICC, ICCt,
ICRM, IDA, IEA, IFC, IFRCS, IHO, ILO, IMF, IMO, IMSO, Interpol, IOC,
IOM, IPU, ISO, ITSO, ITU, ITUC, MIGA, NEA, NSG, OECD, OPCW, OSCE
(partner), Paris Club, PCA, PIF, SAARC (observer), Sparteca, SPC,
UN, UNCTAD, UNESCO, UNHCR, UNMIS, UNMIT, UNRWA, UNTSO, UNWTO, UPU,
WCO, WFTU, WHO, WIPO, WMO, WTO, ZC
Diplomatic representation in the US:
chief of mission: Ambassador Kim Christian BEAZLEY
chancery: 1601 Massachusetts Avenue NW, Washington, DC 20036
telephone: [1] (202) 797–3000
FAX: [1] (202) 797–3168
consulate(s) general: Atlanta, Chicago, Honolulu, Los Angeles, New York, San Francisco
Diplomatic representation from the US:
chief of mission: Ambassador Jeffrey L. BLEICH
embassy: Moonah Place, Yarralumla, Canberra, Australian Capital Territory 2600
mailing address: APO AP 96549
telephone: [61] (02) 6214–5600
FAX: [61] (02) 6214–5970
consulate(s) general: Melbourne, Perth, Sydney
Flag description:
blue with the flag of the UK in the upper hoist-side quadrant and a large seven-pointed star in the lower hoist-side quadrant known as the Commonwealth or Federation Star, representing the federation of the colonies of Australia in 1901; the star depicts one point for each of the six original states and one representing all of Australia's internal and external territories; on the fly half is a representation of the Southern Cross constellation in white with one small five-pointed star and four larger, seven-pointed stars
National anthem:
name: "Advance Australia Fair"
lyrics/music: Peter Dodds McCORMICK
note: adopted 1984; although originally written in the late 19th century, the anthem did not become official until 1984; as a Commonwealth country, in addition to the national anthem, "God Save the Queen" serves as the royal anthem (see United Kingdom)
Economy ::Australia
Economy - overview:
Australia's abundant and diverse natural resources attract high levels of foreign investment and include extensive reserves of coal, iron ore, copper, gold, natural gas, uranium, and renewable energy sources. A series of major investments, such as the US$40 billion Gorgon Liquid Natural Gas project, will significantly expand the resources sector. Australia also has a large services sector and is a significant exporter of natural resources, energy, and food. Key tenets of Australia's trade policy include support for open trade and the successful culmination of the Doha Round of multilateral trade negotiations, particularly for agriculture and services. The Australian economy grew for 17 consecutive years before the global financial crisis. Subsequently, the Rudd government introduced a fiscal stimulus package worth over US$50 billion to offset the effect of the slowing world economy, while the Reserve Bank of Australia cut interest rates to historic lows. These policies - and continued demand for commodities, especially from China - helped the Australian economy rebound after just one quarter of negative growth. The economy grew by 1.2% during 2009 - the best performance in the OECD. Unemployment, originally expected to reach 8–10%, peaked at 5.7% in late 2009 and fell to 5.1% in 2010. As a result of an improved economy, the budget deficit is expected to peak below 4.2% of GDP and the government could return to budget surpluses as early as 2015. Australia was one of the first advanced economies to raise interest rates, with seven rate hikes between October 2009 and November 2010. The GILLARD government is focused on raising Australia's economic productivity to ensure the sustainability of growth, and continues to manage the symbiotic, but sometimes tense, economic relationship with China. Australia is engaged in the Trans-Pacific Partnership talks and ongoing free trade agreement negotiations with China, Japan, and Korea.
GDP (purchasing power parity):
$889.6 billion (2010 est.) country comparison to the world: 18 $861.1 billion (2009 est.)
$850.9 billion (2008 est.)
note: data are in 2010 US dollars
GDP
