There exist no consensus on the meaning of colors on the flag.
The Australian flag was made to represent the country of Australia.
notchu
they signify that armenians are better
Australia's flag is predominantly blue, with red and white on the Union Jack, and white stars.
3 Colours on a Union Flag
White, blue and red.
Swaziland
White, blue and red.
nothing
The colours in the Icelandic Flag follow a law set in 1991 which states that the colours must be the following Standard colour of textile.
Japan's national colours are the same as the two colours of the Japanese flag - red and white.