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Australia is a rich country with a developed and advanced society and a very high standard of living. Australia has the 13th largest GDP in the world and is the 10th wealthiest nation in the world in GDP per capita (2009, IMF figures). According to the United Nations Human Development Index, Australia has the 2nd highest quality of life in the world, after Norway.

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13y ago
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13y ago

Australia is very rich in Natural Resources, and it is from these that it gains its wealth. Australia is rich in resources such as gold and other metals and minerals, e.g. iron ore, nickel, silver, lead and zinc, and fuels such as bauxite, uranium, oil, coal and natural gas are much sought after as export commodities. In addition, Australia grows a wide variety of grains, fruits, vegetables, while livestock such as cattle, sheep and pigs also provide food which is required by other countries.

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12y ago

i live in Australia and our money currently buys 1.07 U.S dollars.

but before America went down in their money, Australia was 0.87

but in the end we are a wealthy country, not a third world. just a typical western country

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10y ago

Australia is a wealthy country because it is rich in natural resources. Its mining industry, in particular, is very strong, and there is considerable demand for such resources as Australia's coal, iron ore, gold, petroleum/crude oil, bauxite, copper, opal and diamonds, just to name a few.

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10y ago

It is a rich country because of its abundance of resorces and all that ice cream who doesnt love that also beach party

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9y ago

Australia is not poor. It is a wealthy country, very rich in natural resources. It has one of the highest standards of living in the world.

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14y ago

Yes

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Q: Is Australia country prosperous
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