Economy of Australia
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Australia has a highly developed mixed economy. As of 2026, Australia was the 12th-largest national economy by nominal GDP, the 22nd-largest by PPP-adjusted GDP, and was the 21st-largest goods exporte
Sydney's central business district is Australia's largest financial and business services hub.
The Australian-built frigate HMAS Newcastle and other warships at Fleet Base East in Sydney, a major centre for the Australian defence industry
Eraring coal fired power station, Australia's largest power station
Tertiary sector
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In economics, the tertiary sector is the economic sector which comprises the provision of services as opposed to the manufacture of finished goods. Services include attention, advice, access, experien
Economy of Australia
…the country had a technical recession. 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…
The product lifecycle
Testing telephone lines in London in 1945