Photos Of Australia

Climate change has become an increasing concern in Australia in recent years, with many Australians considering protection of the environment to be the most important issue facing the country. The Rudd Ministry has initiated several emission reduction activities; Rudd's first official act, on his first day in office, was to sign the instrument of ratification of the Kyoto Protocol. Nevertheless, Australia's carbon dioxide emissions per capita are among the highest in the world, lower than those of only a few other industrialised nations. Rainfall in Australia has slightly increased over the past century, both nationwide and for two quadrants of the nation, while annual mean temperatures increased significantly over the past decades. Water restrictions are frequently in place in many regions and cities of Australia in response to chronic shortages due to urban population increases and localised drought.
Economy
Australia has a market economy with high GDP per capita and low rate of poverty. The Australian dollar is the currency for the nation, including Christmas Island, Cocos (Keeling) Islands, and Norfolk Island, as well as the independent Pacific Island states of Kiribati, Nauru, and Tuvalu. After the 2006 merger of the Australian Stock Exchange and the Sydney Futures Exchange, the Australian Securities Exchange is now the ninth largest in the world.