Wednesday, April 21, 2010

Australia, Perth 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: Perth is the capital and largest city of the Australian state of Western Australia. Perth ranks fourth amongst the nation's cities, with a growth rate consistently above the national average.

City Economy: Perth dominates the Western Australian economy by virtue of its population and role as the administrative centre for business and government, despite the major mining, petroleum and agricultural export industries located elsewhere in the state. Perth?s function as the State?s capital city, its economic base and population size have also created development opportunities for many other businesses oriented to local or more diversified markets.

Cost of Living:

Perth 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. Perth is currently ranked 46 overall, most expensive place in the world for expatriates to live, out of 282 international locations.

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