Professional Documents
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01
POLITICAL PARTIES
A political party is generally recognised as an organisation of like-minded people which aims to develop policies and endorse candidates to contest elections with a view to forming government. Australias party system is dominated by two major groups, the Australian Labor Party and the coalition parties, the Libera Party of australia and The Nationals. Since 1922, Australian Federal Governments have been formed either by Labor or the Coalition.
National accounts Australias net worth continues to grow strongly, up 9.2% to more than $5,330 billion at 30 June 2006. International accounts and trade Import wasmore goods than we export in 200607, producing a $12.6 billion deficit. However, the value of exports grew faster than that of imports, so the deficit was lower than in the previous year ($15 billion). (Page 718) Imports of cars increased by 10% or $1.2 billion in 200607, and goods vehicles by 21% ($900 million).
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