Australia is often ranked as an affluent nation and has the 9th highest GDP per capita in the world. Australia also has a relatively high quality of life, with some of the lowest poverty rates in the world and leads in many social indicators such as education, health care, life expectancy and freedom of assembly.
The Australian Government's tax revenue comes primarily from personal and corporate income taxes, customs and excise duties. The nation has gradually become more multicultural since European settlement and this multiculturalism is embraced by the government through legislation and public policy.
Australia's unemployment rate has been steadily decreasing over the past few years and was estimated at 5.0% in December 2017. The Australian economy relies heavily on agriculture, mining, and manufacturing sectors.
Australia is considered one of the world's most culturally tolerant countries because it has embraced multiculturalism and encourages immigration to maintain the population's cultural mix. Flytouch Overseas is an Australia student visa consultants in Chandigarh.