Western Australia Overview Report

Product Description

Western Australia is a state of Australia, occupying the entire western third of the Australian continent. It is bordered by the Indian Ocean to the north and west, the Great Australian Bight and Indian Ocean to the south, the Northern Territory to the north-east and South Australia to the south-east. Western Australia truly is the authentic Australian experience. The Western Australian economy is a state economy dominated by its resources and services sector and largely driven by the export of iron-ore, gold, liquefied natural gas and agricultural commodities such as wheat. Western Australia boasts an open, dynamic economy built on strong international investment and trade. The State’s economy has grown by about 4 per cent per year, on average, over the 10 years to 2008-09, outperforming Australia’s growth of 3.5 per cent. Western Australia’s warm, friendly, uncomplicated way of life complements its sophisticated and profitable globally-oriented economy. Western Australia offers an attractive lifestyle for the international investment community with its open, relaxed and multicultural environment, and Perth offers an affordable way of life in a Mediterranean type climate, with world class beaches and vineyards. In the 2010 survey by the Economist Intelligence Unit, Perth was ranked the ninth most livable city in the world. Western Australia, with a population of almost than 2.3 million, covers a vast area of 2.5 million square kilometres and has a coastline stretching more than 12,500 kilometres. Queensland and Western Australia are the standouts with economic growth in both states forecast to average 4.5% pa over the remainder of this decade.