Australia is a top 15 world economy


Australia is an island, it has an internal market of over 25 million people and it has developed substantial diverse industry to meet the needs of the population. Australia does have a specialised economy with high reliance on resources and agriculture. It currently produces enough food to feed 75 million people. Coupled with his energy exports that’s a pretty good place to be.

Australia physically is a long way from most places but with modern transport and communications coupled with good time management most of those things can be overcome. Like you, Paul, in the early mornings I speak to the Americas in their late afternoons, work during the Asian day, and then take calls in my early evening which is in the European morning.

By being a top 15 economy Australia has responsibilities and rights. Our people share in most of these rights. Over the years this has allowed Australia to develop a social contract. The clearest example of the Australian social contract is that you should be able to live on the minimum wage.

Australia has not had compulsory military service since December 1972. So our children are not compelled into military service. For many people looking at the social values of Australia this is important.

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