Australian Economics

Australia has an interesting mix of government. The system based on liberal democratic tradition includes religious tolerance and freedom of speech. Many of the policies and laws reflect both British and North American ideas. In 1890 Australia decided it wanted the relationship between the national and state governments to be similar to that of the United States. During this time they also decided to keep the Westminster model as the basis for the legislature, the executive …

…the last eleven years. Foreign investment enables Australian businesses to access the capital required to fulfil their economic potential. Australia's openness puts money into the pockets of Australians and raises living standards. <Tab/>Australia has a long-standing alliance with the United States. This alliance is based on a long tradition of defense cooperation, shared liberal democratic values, economic ties and common interests. This relationship is necessary for Australia's security and prosperity.