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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.

In 1901, Australia adopted a federal constitution and became a self-governing dominion of the British Empire. Australian troops took part in both world wars. Since World War II Australia has been transformed by a massive immigration programme. Australia remains a constitutional monarchy with Queen Elizabeth II as head of state: a referendum to establish a republic was defeated in 1999.

Because of the aging population, Australia maintains one of the most active immigration programs in the world, absorbing tens of thousands of immigrants from all over the world every year. Most permanent resident visas are granted on the basis of professional skills or family associations.

Canberra is approximately 3 hours by road from Sydney on the Hume Highway (National Highway 23) and Federal Highway, 7 hours by road from Melbourne on the Hume Highway and Barton Highway (National Highway 25), and 2 hours on the Monaro Highway (National Highway 23) to the snow ski fields of the Snowy Mountains and the (Mount) Kosciuszko National Park.

Australia has had a significant school of painting since the early days of European settlement, and Australians with international reputations include Sidney Nolan, Russell Drysdale, and Arthur Boyd—not to mention the prized work of many Aboriginal artists. Writers who have achieved world recognition include Thomas Keneally, Les Murray, Colleen McCullough, Nevil Shute, Morris West, Jill Ker Conway, Booker Prize winner Peter Carey and Nobel Prize winner Patrick White. Noted expatriate writers include Germaine Greer and Clive James, who are sometimes better known in the UK than they are in Australia.

Australia is about 31.5 times bigger than the United Kingdom.

The first English explorers were Willem Dampier on the west coast of the continent in 1688, and Lieutenant James Cook who, in 1770, claimed the eastern two-thirds of the continent for Britain, despite orders from King George III to first conclude a treaty with the indigenous population. His report to London that Australia was uninhabited (see Terra nullius) provided impetus for the establishment of a penal colony there following the loss of the American colonies.

Australia is home to the only three extant monotreme species in the world - two echidnas and the Platypus. The only placental mammals naturally found on the Australian mainland are bats; a large number of rodents which arrived only about 5 million years ago, and the Dingo, which was introduced to Australia by humans perhaps 7000 years ago.

The Perth city skyline displays the economic prosperity the state has enjoyed in the past 20 years. The city's tallest building, Central Park, is the fifth tallest skyscraper in Australia (not measuring spires).

While Australia has ubiquitous media coverage, the longest established part of that media is the Australian Broadcasting Corporation (ABC), the Federal Government funded organisation offering national TV and radio coverage. The ABC, like the BBC in Britain, is a non-commercial public service broadcaster, showing many BBC or ITV productions from Britain.