The Commonwealth of Australia is a country in the southern hemisphere comprising the mainland of the world's smallest continent, the major island of Tasmania and a number of other islands in the Indian and Pacific Oceans.

The name "Australia" is derived from the Latin Australis, meaning "Southern". Legends of an "unknown land of the south" (terra australis incognita) dating back to Roman times were commonplace in mediๆval geography, but were based on no actual knowledge of the continent.

Australia has a prosperous, Western-style mixed economy, with a per capita GDP slightly higher than those of the UK, Germany and france in terms of purchasing power parity. More recently, rising prices for Australia's commodity exports and increasing tourism have made this criticism less relevant.

More information on Australia business, Australia financial services, Australia education, Australia healthcare, Australia shopping services, Australia food, Australia news, Australia real estate, Australia sports, Australia culture, Australia society, Australia travel guide, Australia economy, Australia computers networking, Australia beauty centers, Australia medical centers, Australia media, Australia law, Australia legal services can be found at AustraliaCentral.info.

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