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The history of australia essay
Australia history globalization indigenous
The history of australia essay
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For our first international expansion, we will be focusing on the Australian market. As a brief historical recap, the first to settle on the continent came from Southeast Asian over 40,000 years before the first Europeans. In 1770, Great Britain laid claim to the eastern coastline of Australia through the exploration of Captain James Cook. After fast forwarding 131 years, the six established colonies joined together in 1901 to become Australia as it is known today.
Today, in regards to wealth, education, health and quality of life, Australia ranks as one of the best countries to live in. Currently the female population slightly outnumbers the male population with a gender ratio of “98 males per 100 females.” Australia is also known for its ethnic diversity as over one quarter of the population was born outside of the country.
Economic Freedom
Australia’s limited restrictions on the goods and services imported make it an extremely open market. The nation is an active member in many trade forums which include, the World Trade
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In fact, the country has been recession free for nearly a quarter of a century - it was one of the few countries minimally affected by the global financial crisis. Australia’s effective economic system promotes entrepreneurial development which is good for small businesses, like PIVOTT and potential partners. According to the 2016 Index of Economic Freedom, “the service sector is the largest part of the Australian economy, accounting for 70% of GDP and 75% of jobs”.
Government
Formed in 1901, the government of Australia is a parliamentary democracy under a constitutional monarchy, and maintains two distinct concepts; federalism and the separation of powers. Additionally, the administrative divisions are broken into six states and two territories, and the government utilizes a common law legal system based on the English model.
Political
Australia was imperialized by England for land, and for space for their conflicts. The conflicts were there to farm food for the English people. At the same time England had already had other countries under their control at this time. Australian people were not very happy with the English
After Sir John McEwen, the former Minister for Trade, signed the Australia-Japan Commerce Agreement in 1957, the trading aspect between the two nations has developed ...
Legal system is a comprehensive term that is used to confirm the existence of the law; it also explains the law-making process and how this is enforced on everyone. The Australian legal system regulates all level of governments, organisations, and all people whether they are Australian born or have migrated here, and they must obey Australia’s regulations. The legal system here was developed from the United Kingdom’s legal system, as Australia was a colony of the British. At a glance, the British government granted restricted rights to their colonies, including Australia to set local government system. This was intended to developed laws in local area, also to deal with specific situation at that time. As a result, the legal system in each of the colonies started to develop separately. According to Carvan J (2010) the Australian law is adopted from several sources, including the rules of equity, parliamentary laws, delegated legislations, judge-made laws, and international laws. (Austrlian Legal System, 2007)
In 1770, Captain James Cook discovered, and claimed Australia to be controlled by the control King George III of England. However by 1788, this new territory was colonized by what is known as the First Fleet, which consisted of eleven ships, and approximately 1,350 people. These colonists landed in Camp Cove, where they encountered the Cadigal natives. This was the first colony Britain set up in Australia. Soon after, the Second Fleet arrived with the necessary food and other supplies needed to survive.
The Aboriginal people of Australia were here thousands of years before European settlement and we forced them to adapt to the changes of environment around them. This change might be for better or worse, but we will never find out. But with the European settlement came the birth of industry, agriculture, forestry, fishing, mining, manufacture, electricity, gas and water just to name a few.
Of course it is naïve to believe that Australians only developed an identity after the First World War, but it is true to say that it was changed forever. Before Australia became the Australia known today, it was a land of bush rangers, farmers and convicts; a penal colony that had ambitions of becoming a nation who self-governed and had unified defence and transport*. Before federation Australia had fought in Sudan and the Boer War to provide support to the mother country as it was thought to be a heroic endeavour that was a type of rite of passage (Australian War Memorial, n.d.) and there was a global perception of who and what Australians were. Upon federation the people were very consciously intent on building themselves into a great nation (Bean, 1993), but not to sever ties to Britain completely as mostly foreign policy relied on what the British government dictated (Rickard, 1992).
"Australia." Economy: Population, GDP, Inflation, Business, Trade, FDI, Corruption. N.p., n.d. Web. 2 Dec. 2013. .
Australia before 1901 had 6 separate governments, each with their own rules, regulations and territory. There were certain rules and regulations which only further separated each government’s land beyond the distinguished borders of the newly formed state. For example the different widths of the train tracks. Which made the trades between colonies harder. As to trade between the colonies you had to unload one train at the border and reload another train across the border. These measures made sure that each colony had their rules enforced on their land. There was also how each colony raised funds for the government and their projects, this was so that each colony had the right amount of funding, to complete what they needed to without overtaxing the population.
One of the main factors that caused globalisation in Australia was a reduction in protection, the act of National trade barriers being removed. A reduction in protection of international trade is done by governments who work together to develop agreements with each other to reduce trade barriers and allow tariffs on imported goods to be reduced. Australian governments have been involved with countries such as Singapore and Malaysia in an effort to help reduce the tariffs and quotas on imported goods, resulting in free trade agreements between other countries. For example, when National trade barriers are removed, opportunities are opened up to Australian business to import goods at a cheaper price and then export other goods to new markets in other countries. Evidence of this was recently reported on the ABC news program, the reporter quoted that ‘our government should not sign any free trade agreements with Japan, until the tariffs on Australian beef and dairy products are reduced.’ This news report showed local Australian farmers who are trying to convince our Prime Minist...
Australia has had one of the most outstanding economies of the world in recent years - competitive, open and vibrant. The nation’s high economic performance stems from effective economic management and ongoing structural reform. Australia has a competitive and dynamic private sector and a skilled, flexible workforce. It also has a comprehensive economic policy framework in place. The economy is globally competitive and remains an attractive destination for investment. Australia has a sound, stable and modern institutional structure that provides certainty to businesses. For long time, Australia is a stable democratic country with strong growth, low inflation and low interest rate.(Ning)
The Australian Legal System has a rich and detailed history dating from 1066. Law is made in Parliament. We have four sources of law and three courts with different jurisdictions that interpret the law when giving out justice. Important doctrines act as the corner-stones of our legal system. There is a procedure in the courts for making appeals. Separation of powers exists between officials in the courts, the parliament and the Executive. Everyone in Australia is treated equally under the Rule of Law, no matter their office or status. The Law is always changing as society changes, but it can never be perfect and cannot please everyone.
International development has become one main trend of commercial bank under globalization background, and more and more banks establish branches in foreign areas. International expansion both brings advantages and disadvantages, and banks should make a proper balance for promoting global expansion. To seek stable growth of revenues, more banks take great effort for promoting international expansion, so this paper makes a discussion on advantages and disadvantages.
The prices of primary products in the international markets are very low hence the producers are not compensated for their efforts. After being processed into finished products by other nations, the final commodities are imported into the country at a very high price. This implies that in most cases, other countries are the ones who benefit from the raw materials produced in the primary industries in Australia (Peters et al., 2010 1330). The government of Australia should improve its manufacturing industry so that it can process raw materials domestically and export the finished products. This will enable the country to benefit from its primary industry more than it could when exporting the raw commodities.
The purpose of this report is to analyse the structure and pattern of Australia's trade. The report uses trade statistics from 1999-2000 to 2003-04 and theoretical perspectives to help explain the pattern of trade. The focus will begin with the balance of payments in relation to exports and imports, then move on to the determinants of the terms of trade, and finally, an analysis of why Australia's trade pattern is as it is.
11 years after, in the summer of 1901 Australia was born into the modern age as a united country amid nationwide celebration and incredible excitement. Edmund Barton, Alfred Deakin, all of them well established political figures in their own right, came together to form the first cabinet of the Commonwealth of Australia – becoming one of the first examples of a colonial colony peacefully creating a national identity unique to itself.