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Climate change also has diverse implications for Australia's economy, it's agriculture and public health. [27] Projected impacts include more severe floods, droughts, and cyclones. [28] Furthermore, Australia's population is highly concentrated in coastal areas at risk from rising sea levels, and existing pressures on water supply will be ...
In the most up-to-date WIPO-supported study published in 2017, [169] the copyright industries contributed $122.8 billion to the Australian economy in 2016 amounting to 7.4% of Australia's total economic output. The 2016 figure represented an increase of $8.5 billion compared to 2011, with a growth in value added growing at 1.4% per annum (since ...
Western Australia is the largest state, covering just under one third of the Australian landmass, followed by Queensland, South Australia, and New South Wales. Australia also has several minor territories; the federal government administers a separate area within New South Wales, the Jervis Bay Territory , as a naval base and seaport for the ...
Australia's high-income mixed-market economy is rich in natural resources. [320] It is the world's fourteenth-largest by nominal terms, and the 18th-largest by PPP. As of 2021, it has the second-highest amount of wealth per adult, after Luxembourg, [321] and has the thirteenth-highest financial assets per capita. [322]
In Western Australia the Argyle diamond mine in the Kimberley is the world's biggest producer of natural diamonds and contributes approximately one-third of the world's natural supply. The Pilbara region's economy is dominated by mining and petroleum industries. [53] Most of Australia's iron ore is also mined in the Pilbara and it also has one ...
Climate change also has diverse implications for Australia's economy, it's agriculture and public health. [9] Projected impacts include more severe floods, droughts, and cyclones. [10] Furthermore, Australia's population is highly concentrated in coastal areas at risk from rising sea levels, and existing pressures on water supply will
Zinc – Australia was third to China and Peru in zinc production in 2019, producing 1.3 million tonnes, 10% of world production. [42] Coal – Australia is the world's largest exporter of coal and fourth largest producer of coal behind China, USA and India. [43] Oil shale – Australia has the sixth largest defined oil shale resources. [44]
The Commonwealth of Australia comprises the mainland of the Australian continent, the major island of Tasmania, other nearby islands, and various external territories. [1] Neighbouring countries are Indonesia , East Timor , and Papua New Guinea to the north, the Solomon Islands , Vanuatu , and New Caledonia to the north-east, and New Zealand to ...