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Australia. Adam Monte. Statistics. Capital: Canberra Other Cities: Sydney Melbourne Population: 21,515,754 Population Density : 2.8 people/square kilometer. Statistics. Currency: Australian Dollar Exchange Rate: 1 AUD = .9929 USD GDP: $848.4 Billion Minimum Wage: 15 AUD/ hour
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Australia Adam Monte
Statistics • Capital: Canberra • Other Cities: • Sydney • Melbourne • Population: 21,515,754 • Population Density: 2.8 people/square kilometer
Statistics • Currency: Australian Dollar • Exchange Rate: 1 AUD = .9929 USD • GDP: $848.4 Billion • Minimum Wage: 15 AUD/ hour • Unemployment Rate: 5.6%
Imports • Imports • $160.4 Billion • Energy • Machinery • Technology
Exports • Exports • $154.8 Billion • Food • Metal • Machinery
Interesting Information • Inflation Rate: 1.8% • National Debt: $1.094 Trillion
Entry Requirements • U.S. Passport Valid 3 Months Beyond Intended Stay • Tickets and Documents for Return or Onward Travel • Visa or Business Electronic Travel Authority is required. • Vaccinations - Yellow Fever required if arriving from, or transiting through, an infected country within 5 days
Form of Government • Constitutional Monarchy • Legislative: Parliament • Executive: Prime Minister • Julia Eileen Gillard
Other Facts • Very Secure Country • Similar Custom Regulations as US • Driving as a Visitor: • US driver’s license permits you to drive • Drive on the left side of the road
Business Etiquette • Views of Time: • It has a fairly laid back culture and they usually give time to help others out. • Being on time is important in business and professional situations. • Personal Space: • In business, an arm’s length is normal for a conversation, but for family and friends it may be less. • Touching is kept to a minimum during business conversations and is considered inappropriate for the mostpart.
Business Etiquette • Greetings: • A handshake is common between both men and women. • A nod of acknowledgement is ok in less formal situations. • Eye Contact: • Direct eye contact is acceptable and expected. • Avoiding eye contact during conversations is considered disrespectful and rude.
Business Etiquette • Gestures: • The hand gesture for “peace” is shown with the palm facing outward. If it is facing the other way it becomes rude. • Appearance: • Men wear a conservative dark business suit and tie. • Women may wear a dress, or skirt and blouse, for business.
Business Etiquette • Behavior: • Gift giving is not a common practice in business • A single, male passenger using a taxi should sit in the front seat • Communication: • Australians are friendly and open, but being direct is valued • Exchanging business cards is common among professional workers • Sight seeing and sports are good conversational topics
Unique Phrases • Arvo – Means afternoon • To be crook - To be sick or ill • Tea - Could also mean dinner • Loo- Toilet
Australian Business Confidence Falls • Measures hiring, and sales and profits • GDP currently at .2% • Lowered GDP forecast
Sources • https://www.cia.gov/library/publications/the-world-factbook/geos/as.html • http://en.wikipedia.org/wiki/List_of_cities_in_Australia_by_population • http://www.abs.gov.au/AUSSTATS/abs@.nsf/Lookup/4613.0Chapter20Jan+2010 • http://www.x-rates.com/d/AUD/table.html • http://online.wsj.com/article/SB10001424052748704025304575283933964515188.html • http://www.traveldocs.com/au/er.htm