Australia. Guide to Australia

‘dollar’

In Australia 1966 adopted a decimal monetary system. Australian dollar issued by the Reserve Bank of Australia, which regulates the rates, oversees the financial system.

In recent years, regulation of the banking sector is gradually weakened. For example, with 1983 foreign banks were allowed to conduct operations in Australia, and gradually reduced or erased the fundamental differences between different types of banks and between banks and other financial institutions, such as life insurance companies, construction companies and pension funds.

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The discovery of gold in New South Wales in 1851 changed the course of Australian history. Brought gold from the squatter area in Bathurst Sydney, Hundreds of miners and soon went in search of gold nuggets and placer.

It turned, that the richest gold deposits in Victoria. Gold deposits so strongly attracted many people from the cities and rural areas of Victoria and New South Wales, that all other activities began to experience severe labor shortages.

In the search for gold and streamed immigrants from other countries, thereby increasing the population of Australia 400 тыс. в 1850 before 114Thdсinв 1860.

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Most of the residents are living in state capitals, nearly half - around Sydney and Melbourne. The influx of people to cities has not led to a general urban life, even the urban population. With the growth of living standards of Australians obzavodilis own houses and cars.

Most residents chose to live in suburbs, Overcoming long distances every day to preserve the familiar seclusion and slowness. Semi-rural with a lifestyle created Australia's reputation "prolonged weekend». But with 50 's idea of well-being

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