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Australian Trade Commission
The Australian Trade and Investment Commission, or Austrade ( ), is the Australian Government's trade, investment and education promotion agency which was also given responsibility for tourism policy, programs and research from 2013. Austrade was established under the ''Australian Trade Commission Act 1985.'' It is a non-corporate Commonwealth entity under the ''Public Governance, Performance and Accountability Act 2013'', and a statutory agency under the ''Public Service Act 1999''. Austrade is part of the Foreign Affairs and Trade portfolio. Under Austrade's corporate structure, its Chief Executive Officer is accountable to the Federal Minister for Tourism, Trade and Investment. Mr Xavier Simonet was appointed Chief Executive Officer of Austrade in November 2020. Global network Through a global network of offices, Austrade aims to assist Australian companies to connect with buyers in offshore markets, attract foreign direct investment into Australia, and promote Australia' ...
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Government Of Australia
The Australian Government, also known as the Commonwealth Government, is the national government of Australia, a federalism, federal parliamentary system, parliamentary constitutional monarchy. Like other Westminster system, Westminster-style systems of government, the Australian Government is made up of three branches: the executive (the Prime Minister of Australia, prime minister, the Ministers of the Crown, ministers, and government departments), the legislative (the Parliament of Australia), and the Judiciary of Australia, judicial. The legislative branch, the federal Parliament, is made up of two chambers: the House of Representatives (Australia), House of Representatives (lower house) and Australian Senate, Senate (upper house). The House of Representatives has 151 Member of parliament, members, each representing an individual electoral district of about 165,000 people. The Senate has 76 members: twelve from each of the six states and two each from Australia's internal ...
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Australian Securities And Investments Commission
The Australian Securities and Investments Commission (ASIC) is an independent commission of the Australian Government tasked as the national corporate regulator. ASIC's role is to regulate company and financial services and enforce laws to protect Australian consumers, investors and creditors. ASIC was established on 1 July 1998 following recommendations from the Wallis Inquiry. ASIC's authority and scope are determined by the ''Australian Securities and Investments Commission Act 2001''. ASIC, which reports to the Treasurer, is responsible for the administering the following legislation: * ''Australian Securities and Investments Commission Act 2001'' (ASIC Act) * '' Business Names Registration Act 2011'' * ''Corporations Act 2001'' (Corporations Act) * ''Insurance Contracts Act 1984'' * ''National Consumer Credit Protection Act 2009'' (National Credit Act) Additionally, ASIC is also responsible for administering parts of the following legislation: * ''Banking Act 1959'' * ''Li ...
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Commonwealth Government Agencies Of Australia
A commonwealth is a traditional English term for a political community founded for the common good. Historically, it has been synonymous with "republic". The noun "commonwealth", meaning "public welfare, general good or advantage", dates from the 15th century. Originally a phrase (the common-wealth or the common wealth – echoed in the modern synonym "public wealth"), it comes from the old meaning of "wealth", which is "well-being", and is itself a loose translation of the Latin res publica (republic). The term literally meant "common well-being". In the 17th century, the definition of "commonwealth" expanded from its original sense of "public welfare" or "commonweal" to mean "a state in which the supreme power is vested in the people; a republic or democratic state". The term evolved to become a title to a number of political entities. Three countries – Australia, the Bahamas, and Dominica – have the official title "Commonwealth", as do four U.S. states and two U.S. territo ...
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Tourism In Australia
Tourism in Australia is an important part of the Australian economy, and comprises domestic and international visitors. In the financial year 2018/19, tourism was Australia's fourth-largest export and over the previous decade was growing faster than national GDP growth. At the time it represented 3.1% of Australia's GDP contributing A$60.8 billion to the national economy. In the calendar year up to December 2019, there were 8.7 million international visitors in Australia. Tourism employed 666,000 people in Australia in 2018–19, 1 in 21 jobs across the workforce. About 48% of people employed in tourism were full-time and 54% female Tourism also contributed 8.2% of Australia's total export earnings in 2018–19. Popular Australian destinations include the coastal cities of Sydney, Brisbane and Melbourne, as well as other high-profile destinations including regional Queensland, the Gold Coast and the Great Barrier Reef, the world's largest reef. Uluru and the Australian out ...
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Economy Of Australia
Australia is a highly developed country with a mixed-market economy. As of 2022, Australia was the 14th-largest national economy by nominal GDP (Gross Domestic Product), the 20th-largest by PPP-adjusted GDP, and was the 22nd-largest goods exporter and 24th-largest goods importer. Australia took the record for the longest run of uninterrupted GDP growth in the developed world with the March 2017 financial quarter. It was the 103rd quarter and the 26th year since the country had a technical recession (two consecutive quarters of negative growth). As of June 2021, the country's GDP was estimated at 1.98 trillion. The Australian economy is dominated by its service sector, which in 2017 comprised 62.7% of the GDP and employed 78.8% of the labour force. At the height of the mining boom in 2009–10, the total value-added of the mining industry was 8.4% of GDP. Despite the recent decline in the mining sector, the Australian economy had remained resilient and stable and di ...
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Reserve Bank Of Australia
The Reserve Bank of Australia (RBA) is Australia's central bank and banknote issuing authority. It has had this role since 14 January 1960, when the ''Reserve Bank Act 1959'' removed the central banking functions from the Commonwealth Bank. The bank's main policy role is to control inflation levels within a target range of 2-3%, by controlling the unemployment rate according to the NAIRU, via controlling the official cash rate. The NAIRU was implemented in most Western nations after 1975, and has been maintained at a target of 5-6% unemployment. The average unemployment rate in Australia between the end of the second world war and the implementation of the NAIRU was consistently between 1-2%. Since the implementation of the NAIRU, the average unemployment rate in Australia has been close to 6%. The RBA also provides services to the Government of Australia and services to other central banks and official institutions. The RBA currently comprises the Payments System Board, which ...
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Paul Ritter (architect)
Paul Ritter (6 April 1925 – 14 June 2010) was a Western Australian architect, town planner, sociologist, artist and author. In his roles as the first city planner of the City of Perth and subsequent two decades spent serving as Councillor for East Perth, Ritter is remembered as a brilliant, eccentric and often controversial public figure who consistently fought to preserve and enhance the character and vitality of the central city district. Today he is primarily remembered for his involvement in preserving many of Perth's heritage buildings at a time of rapid redevelopment and preventing the construction of an eight-lane freeway on the Swan River foreshore. Ritter's later career was blighted by a 3-year prison sentence for making misleading statements in applying for export marketing grants. Early years Ritter was born in Prague on 6 April 1925 to Jewish parents Carl Ritter and Elsa (née Schnabel). In 1939, at the age of 13, Ritter was evacuated from Czechoslovakia to En ...
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Sydney Morning Herald
''The Sydney Morning Herald'' (''SMH'') is a daily compact newspaper published in Sydney, New South Wales, Australia, and owned by Nine. Founded in 1831 as the ''Sydney Herald'', the ''Herald'' is the oldest continuously published newspaper in Australia and "the most widely-read masthead in the country." The newspaper is published in compact print form from Monday to Saturday as ''The Sydney Morning Herald'' and on Sunday as its sister newspaper, ''The Sun-Herald'' and digitally as an online site and app, seven days a week. It is considered a newspaper of record for Australia. The print edition of ''The Sydney Morning Herald'' is available for purchase from many retail outlets throughout the Sydney metropolitan area, most parts of regional New South Wales, the Australian Capital Territory and South East Queensland. Overview ''The Sydney Morning Herald'' publishes a variety of supplements, including the magazines ''Good Weekend'' (included in the Saturday edition of ''The Sy ...
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Julie Bishop
Julie Isabel Bishop (born 17 July 1956) is an Australian former politician who served as Minister for Foreign Affairs from 2013 to 2018 and deputy leader of the Liberal Party from 2007 to 2018. She was the Member of Parliament (MP) for Curtin from 1998 to 2019. She has been the chancellor of the Australian National University since January 2020. Bishop was born in Lobethal, South Australia, and studied law at the University of Adelaide. Prior to entering politics she worked as a commercial lawyer in Perth, Western Australia; she was the local managing partner of Clayton Utz. She was a delegate to the 1998 constitutional convention, and also served as a director of the Special Broadcasting Service (SBS) and as a member of the Murdoch University senate. Bishop was elected to parliament at the 1998 federal election, representing the Division of Curtin in Perth's western suburbs. In the Howard Government, she served as Minister for Ageing (2003–2006), Minister for Educatio ...
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John Howard
John Winston Howard (born 26 July 1939) is an Australian former politician who served as the 25th prime minister of Australia from 1996 to 2007, holding office as leader of the Liberal Party. His eleven-year tenure as prime minister is the second-longest in history, behind only Sir Robert Menzies, who served for eighteen non-consecutive years. Howard was born in Sydney and studied law at the University of Sydney. He was a commercial lawyer before entering parliament. A former federal president of the Young Liberals, he first stood for office at the 1968 New South Wales state election, but lost narrowly. At the 1974 federal election, Howard was elected as a member of parliament (MP) for the division of Bennelong. He was promoted to cabinet in 1977, and later in the year replaced Phillip Lynch as treasurer of Australia, remaining in that position until the defeat of Malcolm Fraser's government at the 1983 election. In 1985, Howard was elected leader of the Liberal Party for ...
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ABC News (Australia)
ABC News, or ABC News and Current Affairs, is a public news service produced by the Australian Broadcasting Corporation. Broadcasting within Australia and the rest of the world, the service covers both local and world affairs. The division of the organisation, which is called ABC News, Analysis and Investigations. is responsible for all news-gathering and coverage across the Australian Broadcasting Corporation's various television, radio, and online platforms. Some of the services included under the auspices of the division are the ABC News TV channel (formerly ABC News 24); the long-running radio news programs, '' AM'', '' The World Today'', and '' PM''; ABC NewsRadio, a 24-hour continuous news radio channel; and radio news bulletins and programs on ABC Local Radio, ABC Radio National, ABC Classic FM, and Triple J. ABC News Online has an extensive online presence which includes many written news reports and videos available via ABC Online, an ABC News mobile app (ABC Liste ...
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Statutory Authority
A statutory body or statutory authority is a body set up by law (statute) that is authorised to implement certain legislation on behalf of the relevant country or state, sometimes by being Primary and secondary legislation, empowered or delegated to set rules (for example regulations or Statutory instrument, statutory instruments) in their field. They are typically found in countries which are governed by a Westminster system, British style of parliamentary democracy such as the United Kingdom and the Commonwealth of Nations, Commonwealth countries like Australia, Canada, India and New Zealand. They are also found in Israel and elsewhere. Statutory authorities may also be statutory corporation, statutory corporations, if created as a body corporate. Australia Definitions Federal statutory authorities are established under the ''PGPA Act 2013''. "A statutory authority is a generic term for an authorisation by Parliament given to a person or group of people to exercise specific ...
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