_#_Member of: AfDB, AG (observer), ANZUS, APEC, AsDB, BIS, C, CCC, CP,
EBRD, ESCAP, FAO, GATT, G-8, IAEA, IBRD, ICAO, ICC, ICFTU, IDA,
IEA, IFAD, IFC, ILO, IMF, IMO, INMARSAT, INTELSAT, INTERPOL, IOC, IOM,
ISO, ITU, LORCS, NAM (guest), NEA, OECD, PCA, SPC, SPF, UN, UNCTAD,
UNESCO, UNFICYP, UNHCR, UNIIMOG, UNTAG, UNTSO, UPU, WHO, WIPO, WMO, WTO
_#_Diplomatic representation: Ambassador Michael J. COOK; Chancery at 1601 Massachusetts Avenue NW, Washington DC 20036; telephone (202) 797-3000; there are Australian Consulates General in Chicago, Honolulu, Houston, Los Angeles, New York, Pago Pago (American Samoa), and San Francisco;
US—Ambassador Melvin F. SEMBLER; Moonah Place, Yarralumla,
Canberra, Australian Capital Territory 2600 (mailing address is APO San
Francisco 96404); telephone [61] (6) 270-5000; there are US Consulates
General in Melbourne, Perth, and Sydney, and a Consulate in Brisbane
_#_Flag: blue with the flag of the UK in the upper hoist-side quadrant and a large seven-pointed star in the lower hoist-side quadrant; the remaining half is a representation of the Southern Cross constellation in white with one small five-pointed star and four, larger, seven-pointed stars
_*Economy #_Overview: Australia has a prosperous Western-style capitalist economy, with a per capita GNP comparable to levels in industrialized West European countries. Rich in natural resources, Australia is a major exporter of agricultural products, minerals, metals, and fossil fuels. Of the top 25 exports, 21 are primary products, so that, as happened during 1983-84, a downturn in world commodity prices can have a big impact on the economy. The government is pushing for increased exports of manufactured goods but competition in international markets will be severe.
_#_GDP: $255.9 billion, per capita $15,000; real growth rate 2.2% (1990)
_#_Inflation rate (consumer prices): 6.9% (December 1990)
_#_Unemployment rate: 9.2% (March 1991)
_#_Budget: revenues $74.2 billion; expenditures $67.9 billion, including capital expenditures of NA (FY90)
_#_Exports: $39.8 billion (f.o.b., FY90);