ery:
1601 Massachusetts Avenue NW, Washington, DC 20036
telephone:
(202) 797-3000
consulates general:
Chicago, Honolulu, Houston, Los Angeles, New York, Pago Pago (American
Samoa), and San Francisco
US diplomatic representation:
chief of mission:
(vacant)
embassy:
Moonah Place, Yarralumla, Canberra, Australian Capital Territory 2600
mailing address:
APO AP 96549
telephone:
[61] (6) 270-5000
FAX:
[61] (6) 270-5970
consulates general:
Melbourne, Perth, and Sydney
consulate:
Brisbane
Flag:
blue with the flag of the UK in the upper hoist-side quadrant and a large
seven-pointed star in the lower hoist-side quadrant; the remaining half is a
representation of the Southern Cross constellation in white with one small
five-pointed star and four, larger, seven-pointed stars

*Australia, Economy

Overview:
Australia has a prosperous Western-style capitalist economy, with a per
capita GDP comparable to levels in industrialized West European countries.
Rich in natural resources, Australia is a major exporter of agricultural
products, minerals, metals, and fossil fuels. Of the top 25 exports, 21 are
primary products, so that, as happened during 1983-84, a downturn in world
commodity prices can have a big impact on the economy. The government is
pushing for increased exports of manufactured goods, but competition in
international markets continues to be severe.
National product:
GDP - purchasing power equivalent - $293.5 billion (1992)
National product real growth rate:
2.5% (1992)
National product per capita:
$16,700 (1992)
Inflation rate (consumer prices):
0.8% (September 1992)
Unemployment rate:
11.3% (December 1992)
Budget:
revenues $68.5 billion; expenditures $78.0 billion, including capital
expenditures of $NA (FY93)
Exports: $41.7 billion (f.o.b., FY91)
commodities:
coal, gold, meat, wool, alumina, wheat, machinery and transport equipment
partners:
Japan 26%, US 11%, NZ 6%, South Korea 4%, Singapore 4%, UK, Taiwan, Hong
Kong
Imports:
$37.8 billion (f.o.b., FY91)
commodities:
machinery and transport equipment, computers and office machines, crude oil
and petroleum products
partners:
US 24%, Japan 19%, UK 6%, FRG 7%, NZ 4% (1990)
External debt:
$130.4 billion (June 1991)
Industrial production:
growth rate NA%; accounts for 32% of GDP
Electricity:
40,000,000 kW capacity; 150,000 million kWh produced, 8,475