ranjan

Australia was a founder member of commonwealth in 1931 when its independence was recognized under the statute of Westminster. Australia has a constitutional monarchy and parliamentary democracy. There are three countries presently which divide the continent of  Australia as - Australia, New Zealand and Papua new Guinea. There are eight main cities which are playing a prominent role in the growth of its economy. These are - Sydney, Brisbane, Melbourne, Canberra, Adelaide, Hobart, Darwin and Perth.    The economy of Australia is a large mixed-market economy. The country is the second wealthiest nation in terms of wealth per adult after Switzerland. The economy is dominated by its service sector comprising 61.1% of GDP employing 79.2% of labor force in 2016. It has four main features of its growth being Trade, Manufacturing, Services and Financing. The description of Australia was reasonably fair in first century of European settlement when wool exports was supreme but the ke