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As one would expect from a city its size, Melbourne contains all manner of pubs, bars, and nightclubs. The CBD contains a wide variety of venues, from the ubiquitous faux-Irish pubs proliferating around the world, to some very upmarket establishments (such as the Supper Club, which offers all manner of exclusive wines at exclusive prices), serious jazz venues on Bennetts Lane, fashionable nightclubs and dance venues, and massive pickup joints (of which The Metro on Bourke Street is perhaps the biggest).

Although education is not a federal concern, government grants have aided in the establishment of numerous state universities including the University of Sydney (1850), the University of Melbourne (1853), the University of Adelaide (1874), the University of Tasmania (in Hobart, 1890), the University of Queensland (in Brisbane, 1909), and the University of Western Australia (in Perth, 1911).

Australia is situated in the middle of the tectonic plate, and therefore has no volcanism, although it may sometimes receive minor earthquakes. The terrain is mostly heavily weathered, low plateau with deserts, rangelands and a fertile plain in southeast. Tasmania and the Australian Alps contain a number of permanent icefields and numerous glaciers.

Australia's neighbouring countries include New Zealand to the southeast and Indonesia, East Timor, and Papua New Guinea to the north. The shortest border distance is between the mainlands of Papua New Guinea and Australia at about 150 km; however, the nearest inhabited island, Boigu Island, is about 5km from Papua New Guinea. This has led to a complicated border arrangement allowing access for 'traditional' uses of the waterway across the border by Papua New Guinean people and Torres Strait Islanders.

Rich in natural resources, Australia is a major exporter of agricultural products, minerals, metals, and fossil fuels. Commodities account for 57% of the value of total exports, so that 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 continues to be severe.

Since 1996, the Coalition government, led by Prime Minister John Howard, has continued to implement microeconomic reform policies. Some have claimed that the deregulation of the labour market during this period has resulted in a needed flexibility in the labour force. Others have criticised these deregulations as having a negative impact on worker's wages, safety and health grounds. Legislation introduced during this period sought to reduce union involvement and power, and has preferred to emphasise enterprise bargaining (a tendency towards wage bargaining). Also during this period, the Coalition government deregulated numerous other industries, including the telecommunications sector, and privatised many of the pre-existing natural monopolies.

Australia's myths originate in the outback, in the drovers and squatters and people of the barren, dusty plains, yet very few Australians live in the outback, or even in the milder countryside that is never more than an hour or two's drive from the cities in which they live. This was true even of the Australia of a century ago - since the gold rush of the 1850s, most Australians have been city-bound. Nevertheless, after a century or more spent absorbing the bush yarns of Henry Lawson and the poetry of Banjo Paterson from the comfort of armchairs in the suburbs, the myths are real.