Monday, April 19, 2010

Australia, Brisbane Cost of Living April 2010

Country Full Name: Commonwealth of Australia.

Location: Australia is in Oceania, a continent between the Indian Ocean and the South Pacific Ocean.

Country Climate: Generally arid to semiarid; temperate in south and east; tropical in north.

Country Terrain: Mostly low plateau with deserts; fertile plain in southeast.

Major Languages: English.

Major Religions: Christianity.

Country Population: 21.6 million (2008 est.) 21.9 million (2009 est.).

Country Economy: The economy of Australia is a prosperous, free market economy dominated by its services sector, representing 68% of Australian GDP. The agricultural and mining sectors (10% of GDP combined) account for 57% of the nation's exports.

Currency: Australian Dollar (AUD).

Country Inflation: 4.4% (2008 est.) 1.6% (2009 est.).

City: Brisbane is the state capital of the Australian state of Queensland and is the largest city in that state. Brisbane is the third most populous city in Australia.

City Economy: Brisbane's economy is diverse. White-collar industries include information technology, financial services, higher education and public sector administration generally concentrated in and around the central business district and recently established office areas in the inner suburbs. Blue-collar industries, including petroleum refining, stevedoring, paper milling, metalworking and QR railway workshops, tend to be located on the lower reaches of the Brisbane River and in new industrial zones on the urban fringe. Tourism is an important part of the Brisbane economy, both in its own right and as a gateway to other areas of Queensland.

Cost of Living:

Brisbane has an overall cost of living index which equates it with high cost of living locations. The overall cost of living index is comprised of the prices for defined quantities of the same goods and services across all 13 Basket Groups. Brisbane is currently ranked 86 overall, most expensive place in the world for expatriates to live, out of 282 international locations.

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