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Australia's economy is strongly intertwined with the countries of East and Southeast Asia, also known as ASEAN Plus Three (APT), accounting for about 64% of exports in 2016. [46] China in particular is Australia's main export and import partner by a wide margin. [47] Australia is a member of the APEC, G20, OECD and WTO.
The economy of New South Wales is the largest of any state in Australia, accounting for 30.6% of Australia's GDP and valuing at A$660.6 billion in 2021-22. [1] The economy consists primarily of the services, mining and agricultural sectors, each of which represents a significant proportion of the overall Australian economy.
The Word For Today (known as The Word For You Today in some countries) is a free, daily devotional written by Northern Irish Christian pastor Bob Gass and published around the world by United Christian Broadcasters (UCB). Over 3.5 million copies are distributed quarterly worldwide.
The state of Victoria is the second-largest economy in Australia after New South Wales, accounting for 23.24% of the nation's gross domestic product, valued at A$515.2 billion in 2022. [5] The economy is primarily built upon financial services, agriculture, healthcare and social assistance, tourism and construction.
The economy of Queensland is the third largest economy within Australia. Queensland generated 19.5% of Australia's gross domestic product in the 2008-09 financial year. [5] The economy is primarily built upon mining, agriculture, tourism and financial services. Queensland's main exports are coal, metals, meat and sugar. [6]
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The Australian Capital Territory and Western Australia have a higher HDI value than Switzerland (0.967), the highest-ranked country in the world. As of 2022, the Australian Capital Territory has the equal fourth highest HDI rating of any sub-national region in the world, behind only the Canton of Zurich and the Akershus and Oslo region in ...
South Australia has been described as "Australia's hot rock haven" and this emissions free and renewable energy form could provide an estimated 6.8% of Australia's base load power needs by 2030. [75] According to an estimate by the Centre for International Economics, Australia has enough geothermal energy to contribute electricity for 450 years ...