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Alice Springs is best known outside the region as the setting of the Nevil Shute novel A Town Like Alice, and because of its proximity to Uluru, formerly known as Ayers Rock, the monolithic hill that is one of Australia's best-known natural landmarks as well as an important focus of Aboriginal culture and beliefs.

Australia has three major commercial television networks, the Nine Network, Seven Network and the Ten Network. It also has two public broadcasters, the Australian Broadcasting Corporation (ABC and colloquially Channel 2) and the Special Broadcasting Service (SBS).

Australia is about 31.5 times bigger than the United Kingdom.

Today, many tribal Aborigines lead a settled traditional life in remote areas of northern, central, and western Australia. In the south, where most Aborigines are of mixed descent, most live in the cities.

News Corporation was founded in Adelaide and its first newspaper was The News which was later merged with The Advertiser. John Fairfax Holdings owns The Sydney Morning Herald, The Age (Melbourne) and the most prominent financial newspaper, The Australian Financial Review. Rural and regional media is dominated by Rural Press Limited, with significant holdings in all States and Territories. Titles include The Canberra Times as well as The Land (New South Wales), Queensland Country Life, Stock and Land (Victoria), Stock Journal (South Australia) and Farm Weekly (Western Australia). Rural Press also has significant holdings in New Zealand and the United States.

Many raw materials (including resources postulated to exist but yet to be discovered) remain mostly unexploited. Australia is often referred to by economists as the "world's farm", but despite this emphasis on the agriculture sector, in recent years the Australian government has been focusing on the tourism, education and technology markets.

Australia's economic development was slow at first and based on the export of wool. This all changed with the discovery of gold in 1851 and mining has, overall, been the most important sector of the Australian economy. By the late 20th century, Australia had a prosperous Western-style mixed economy, with a per capita GDP on par with the four dominant Western European economies. In recent years, the Australian economy has been resilient in the face of global economic downturn, with steady growth. Rising output in the domestic economy has been offsetting the global slump, and business and consumer confidence remains robust. Australia's emphasis on reforms is another key factor behind the economy's strength. In the 1980s, the Labor Party, led by Prime Minister Bob Hawke and Treasurer Paul Keating, played a crucial role in modernizing Australia's economy.

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.