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  2. Manufacturing Industry. The manufacturing industry currently contributes to 6 percent of the GDP, exports 96 billion AUD worth of goods, and employs 860,000 people. Big companies like Boeing and General Electric are significant investors in this crucial industry.

    • Education and research. Australia is ranked third for the number of universities in the world’s top 100, [2] attracting hundreds of thousands of international students each year.
    • Financial services. Australia’s financial markets are expansive and liquid, comprising the world’s ninth largest stock market (and third largest in Asia), eighth largest foreign exchange market, sixth largest managed fund assets pool and fourth largest pension pool, fuelled by a mandated superannuation scheme.
    • Agribusiness. Australia is one of the largest producers of agricultural products in the world, renowned for its premium produce. Internationally recognised for quality and reliability, Australian produce is a common staple in fine dining experiences around the world.
    • Resources and energy. As one of the biggest global exporters of mining and fuel resources, Australia is an important supplier of international resources and energy.
  3. Opal – Australia is the world’s largest producer of opal, being responsible for 95% of production. Coal – Australia is the world’s largest exporter of coal and fourth-largest producer of coal behind China, USA and India. Oil shale; Petroleum – Australia is the twenty-eighth largest producer of petroleum; Natural gas; Rare earth

  4. With good reason, Australia is regularly described as the driest of the inhabited continents, and vast areas of the country are unsuitable for agricultural production. The average annual rainfall is approximately 18 inches (460 mm), and more than one-third of the mainland, principally the interior, receives less than 10 inches (250 mm).

  5. Australia’s food production is predominantly a system of industrial agriculture that has been emerging since the beginnings of European settlement of the continent in the late 18th century. Most of what Australians eat is now produced on broad-acre, highly mechanised farms.

  6. Dec 7, 2022 · The Australian Economy - September quarter 2022. Our economy grew 0.6 per cent during the September quarter 2022, and 5.9 per cent compared to last year. This was the fourth consecutive quarter of growth since the COVID-19 Delta variant lockdowns.

  7. Australia is an important source of export cereals, meat, sugar, dairy produce, and fruit. Landholdings are characteristically large, specialized, owner-operated, capital-intensive, export-oriented, and intricately interlinked through the activities of producers’ associations and government organizations.

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    related to: what is australia known for producing
  2. Learn about the service of Australians who fought in the Mediterranean during WW2. Australians in the Mediterranean during the Second World War.

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