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| Canberra Sydney »Tour to Canberra »Canberra Travel Guide »Getting Around Canberra »Canberra Economy and Politics |
Canberra Economy and Politics |
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Since its establishment as the capital city of Australia, Canberra holds major significance in the political situation of the country. Along with gaining importance in the political scenario of the country, Canberra has also made a mark in the economical situation of the country. Canberra economy and politics have gone through sea change in the recent decades. After being selected the capital of the country, Canberra witnessed the establishment of the Parliament house and the High Court of Australia. You will get to see that most of the areas in the city are covered by natural vegetation. Due to the plush greenery it is also referred as the Bush Capital.
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The unemployment rate in the city is quite low as compared to the other cities in Australia. Although you will get to see a number of private firms in Canberra but the major industry is defense and government administration. Canberra economy and politics are very much linked with each other as majority of the population are involved in the jobs in government administration and defense services. As per the recent surveys the gross average weekly wage of people living in Canberra is about $ 1208, which is higher than the Australian average wage.
Canberra even houses a number of establishments of the Australian Defense Force. Canberra economy and politics has been through many changes in the recent years. With more number of private firms emerging in the city, people are now quite interested to join these new organizations. Apart from the Property and Business services, the economy of Canberra is even witnessing huge contributions from the health and community services. A number of software firms in Canberra have come up in the recent years, which are earning significant revenues. With the establishment of more number of organizations in the coming years the economy of Canberra is believed to grow even more.
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