Australia has had one of the most outstanding economies of the world in recent years. As a high-growth, low-inflation, low interest rate economy, it is more vibrant than ever before. There is an efficient government sector, a flexible labour market and a very competitive business sector.

With its abundant physical resources, Australia has enjoyed a high standard of living since the nineteenth century. It has made a comparatively large investment in social infrastructure, including education, training, health and transport.
 

The Australian workforce has seen many improvements over the last decade, leading to the surge in productivity in the 1990s. The complex and centralised award based industrial relations system has given way to a more decentralised one with many employees working under workplace agreements tailored to meet enterprise needs.

Australia's culturally diverse society includes its Indigenous peoples and settlers from countries all around the world.

Immigration is an important feature of Australian society. Since 1945, over six million people from 200 countries have come to Australia as new settlers. Migrants have made a major contribution to shaping modern Australia. People born overseas make up almost one quarter of the total population.

The federal government sets immigration intake numbers on a yearly basis. Australia's immigration policies are non-discriminatory and all applicants to migrate must meet the same selection criteria.

International Student Info :

Cost of Living : An average student spends AUS$ 400 to 600 per month on his/her living expenses including off campus accommodation, travel etc. The estimation is based on shared accommodation off campus.

Part-Time Work : Full time students at recognised universities/colleges are allowed to work part-time for 20 hours per week. During vacation, students are permitted to work upto 40 hours a week.

Country Facts :

Currency : Australian Dollar ( AUD- $ ).

Conversion Rate : For accurate AUD conversion rates, please click here