Legal Issues In Australia

First of all is its reliance on outsider support that is necessary for its own protection. Before World War II Australia relied on Britain for those guarantees but during this war Japan attacked on Australia made it clear that has to depend on its own

Achieving external stability is an important objective of economic policy, achieving this stability ensures that imbalances in Australia’s economic relationships with other economies do not hinder achieving domestic economic policy goals such as lower rate of unemployment, higher rate of growth and lower inflation. There are three main factors that effect external stability the deficit on the current account (CAD), net foreign liabilities and the Australian dollar. Australia’s experienced times when overseas investors decided that the economy’s external position was unstable, and when investors like such decide to withdraw their

In Australia, human rights are protected in various ways. Unlike similar democracies, for example New Zealand, Australia does not have a Bill that protects human rights in one single document. International laws also known as treaties or conventions, apply throughout the world. A treaty operates like a contract. So when a country becomes a party to a treaty, it is then legally required to act in accordance with the rules contained in that treaty.

Australia’s lack of international competitiveness as a result of geographical location and small population, as well as the decline of the manufacturing industry to overseas low cost producers, with the problem being further increased by the high AUD exchange rate, as a result of the mining boom. The fall in domestic production has led to an increase in imports and a fall in productive innovation compared to advanced economies has led to a rise in CAD.

Australia is a nation without limits scene, society and more rooted archaic rich economies in the world. Australia is the sixth largest country in area and is the main country to represent an entire land mass. A wonderful native habitat caliber of different qualities and extraordinary life, Australia is a destination for travelers from all over the world and 10 percent of biodiversity in the world and an impressive number of local plants and creatures he n ' There is no other place on earth. Rainforest in the north to the red deserts of the interior, the snowfields of the Australian Antarctic Territory in the southeast, is a vast region and changed. Australia is home to one of the most experienced companies in the world living with indigenous

This has been the result of inflationary pressures due to excessive consumer demand, and a world increase in oil prices, the RBA’s primary objective is to contain inflation at 2-3% whilst also achieving sustainable growth. The current increases in interest rates will result in lower aggregate demand as consumers have less disposable income. This results in reductions in inflationary expectations, and a decrease in the demand for imports. Furthermore higher rates of interest will encourage overseas investment into Australia, thus resulting in an increase in the demand for the Australian dollar. An increase in the demand for the AU$, and a decrease in its supply due to less import expenditure will result in an appreciation of the AU$ in forex markets. Overall this results in depressed economic activity and lower levels of growth. However the RBA has been able to increase interest rates in order to contain inflation while maintaining economic growth. This is because the global economy has continued to grow at record pace, with strong growth in the US and China, and the recovery of Japan and Europe. Consequently demand for Australian exports has remained high, thus creating opportunities for increased production and subsequent economic

The Australian exception could be related to the relative proximity of the fast growing Asian developing countries such as China which can bolster Australian’s economic activities. It could also be related to the relative good health of Australia’s financial market before the financial crisis that made it more resilient to it. Or it could also be that the Australian government’s actions were efficient at counteracting the financial

Australia, officially known as the Commonwealth of Australia is a country surrounded by water, consisting of the mainland continent of Australia, the Island of Tasmania, and several smaller islands. By total area Australia is the world’s sixth largest country. Australia is a highly developed country and one of the wealthiest in the world. Throughout the history of the country, Australia has continuously grown stronger and stronger. We will discuss the history, politics, economics, and the military forces that make Australia such a strong nation.

Australia is a very safe place compared to other places in the world. An example would be the murder rate for Australia is 1.3 per 100,000 people , while the global rate is 7.6 per 100,000 people. Australia has a fairly low crime rate compared to most other nations. Australia is a safe place , especially if it is in a major city. Australia's rate

The Council of Small Business of Australia (‘COSBOA’) was established in 1979 and incorporated in 1985. COSBOA aims to provide strong advocacy on small business issues and our goals are to: promote and support the development of small business in Australia; advocate for policy change and regulatory reform in order to advance the interests of small business in Australia and foster an increased awareness and understanding of the role of small business in Australia. We endeavour to be

The industry is marked by Low revenue volatility and medium regulation level. Although industry globalisation is a critical stage and poses a major threat. However over the last five year the industry has boomed due to increase in consumer expenditure , after the recovery of Australian economy in 2010 the industry has started to positive upturn. The industry is expected to grow at annualized 3.3% to a total of $771.3 million.

The second key national interest of Australia is the economy. Australia’s capital, jobs, standards of living, technological innovations and social advances rely substantially on exports and commodity values within Southeast Asia and the Pacific (Department of Foreign Affairs and Trade 2016a). The stability of South East Asia and the Oceania

There are three major economic factors that have combined contribution to FMG’s growth over the past 5 years, including the strong AUD , the amazing export feature due to the Chinese boom which drives up the commodity price and the interest rate decision by RBA. Australia dollar has appeared strong for the past 5 years and maintained at $6-$6.8 level for AUD/CNY at most time. It promised a high level of foreign income for Australia exporter. In 2009, China demanded almost 60% of the world’s iron ore to produce 47% of world’s steel production. It contributes the most to the price rocket from $31.78 to $180.6 US cents/mts in 5 years time. In addition, Australia borrowing cost remains high over the past few years which may alter the finance decisions of FMG.

Since 2012, Australia has maintained a mostly negative trade balance, perhaps amid uncertainty of its currency against the US dollar, but more likely is its economic growth is causing it to import more and more petroleum products which it’s exports of its own natural resources is not able to match.

The stability of countries' political situation can significantly influence investors that intend to do business in these countries. In the case of the political environment in Australia, investors that want to address the country's accommodation sector must focus on the visa regime and carbon tax. Tourists that are not from New Zealand and want to visit Australia are required to have a visa. The visa must be obtained before arriving to the country.