18 Jan Living in Australia – Economy & Transport
Australia has a strong and innovative economy bolstered by solid productivity, low inflation and low interest rates. Australia has a deregulated economy which is affected somewhat by fluctuations in the US economy, but has its own resilience. With low barriers to trade and investment, there are many opportunities to invest in Australia as a private business or property investor.
Our Free Trade Agreement with the US, means that it is easier for professional Australian citizens to work in the US than ever before.
Exports are a mix of traditional commodities, services and advanced manufacturing. Some of the major exports include gold, meat & livestock, agricultural product, cars, machinery and minerals.
Australia is a relatively easy country to get around in and the closer to the city and surrounding suburbs you get, the easier it becomes.
Due to its large size, the need for sufficient and reliable transport is essential and all of the cities and most of the rural towns have an extensive and relatively cheap public transport system. The three main means of transport in Australia are:
By Car: privately owned car or by taxi (there are many extensive taxi services in place all around the country).
By Public transport: Rail, train, bus (and tram in some states).
By Air: There are a variety of Australian and International airlines around the country that operate flights between major cities (and regional or remote areas).
Public transport is becoming more popular again, as significant improvements in services over the last decade, and the high cost of fuel, has made trains (as well as trams in Melbourne) a popular alternative.