Wedged between the Indian and Pacific oceans, Australia lies south
of the Eurasian landmass. It is an island continent and, like the island continent of
Antarctica, it is located entirely in the Southern Hemisphere. Australia is also the only
continent occupied entirely by a single nation. Tasmania, a much smaller island off the
southeast coast, is also considered to be a part of the continent of Australia.
Australia is the smallest, flattest, most arid, and least populated of
the inhabited continents. The cold Antarctic Ocean washes its southern coasts, while warm,
shallow, tropical seas separate Australia's northern coasts from the archipelagoes of
Southeast Asia. Although Australia is a small continent, it is a large country. Only
Russia, Canada, the United States, China, and Brazil have larger areas. Of Australia's
17.7 million inhabitants, about 23 percent were born elsewhere, and 1.5 percent are of
aboriginal descent. Over 86 percent of Australia's people live in cities, yet only 10
percent of its area is cultivated. Two thirds of the continent is desert or partial
desert.
Australia has a diverse, technologically advanced industrial economy,
with very productive primary industries, and abundant mineral and other resources. It
leads the world in wool production and coal exports, and its iron ore and bauxite mines
also make significant contributions to world production. With a gross national product per
capita of $17,070 in 1992, Australia enjoys one of the world's highest standards of
living, ranking sixteenth among the industrialized nations.
Australia Day is celebrated on January 26, commemorating the arrival of
the First Fleet at Sydney Cove in 1788. Other public holidays observed throughout
Australia include Anzac Day, April 25, to honor war veterans; Good Friday; Easter Monday;
Queen's Birthday; Christmas Day; and Boxing Day (December 26). Different States observe
Labor Day, or Eight-Hour Day; Bank Holiday; Proclamation Day, in South Australia;
Foundation Day, in Western Australia; Remembrance Day; and Melbourne Cup Day, in Victoria,
to permit attendance at Australia's richest and most popular horse race.
The school year extends from late January or early February into mid-December. Students
attend class for about 120 days per year. Literacy stands at 99.5 percent of the
population. The summer months are December through February.
Australia has three standard time zones. The eastern states are ten
hours ahead of Greenwich (15 hours ahead of New York). South Australia, the Northern
Territory, and the city of Broken Hill are 30 minutes behind the eastern states, which are
two hours ahead of Western Australia. They converted to the metric system by 1981, and
decimal currency, (dollars and cents) replaced pounds, shillings, and pence in 1966.