Wednesday, April 21, 2010

Australia, Sydney 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: Sydney is the largest city in Australia, and the state capital of New South Wales.

City Economy: The largest economic sectors in Sydney, as measured by the number of people employed, include property and business services, retail, manufacturing, and health and community services. Since the 1980s, jobs have moved from manufacturing to the services and information sectors. Sydney provides approximately 25 percent of the country's total GDP.

Cost of Living:

Sydney 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. Sydney is currently ranked 10 overall, most expensive place in the world for expatriates to live, out of 282 international locations.

For more information on Australia, Sydney Cost of Living