Essay Australian Realm Why despite Australia’s visible advantages in natural resources, accessible ports and a huge educated population is Australia’s GNP growing at such a stunted rate. Australia has many benefits of a well established economically solid economy, certainly it is very far from a third world country with 85 percent of it’s population living in cities. However Australia has never made a run at becoming one of the world’s economic powers. …showed first 75 words of 275 total…

…showed last 75 words of 275 total…out because the Australian manufacturers don’t want to pay these high tariffs. Thus Australia keeps exporting the usual raw materials and mineral wealth to the Japanese for low prices and stimulate their economy with their manufacturing profits. If Australia were more saavy in their business handlings with Japan then they could up their GNP easily. However as it is Australia is just is making it by, while money is slipping through it’s fingers.