2. CONTENTS
•Overview of oceania
•Overview of new zealand
•Econony of new zealand
•Other islands of oceania
•Overview of australia
•Economy of australia
•Conclusion and Refrences
•Fun trivia
5. Government
•Parliamentary democracy.History
•Maoris were the first
inhabitants of New Zealand,
arriving on the islands in
about 1000.
• In 1642, New Zealand was
explored by Abel Tasman, a
Dutch navigator.
•British captain James Cook
made three voyages to the
islands, beginning in 1769.
Geography
•New Zealand is
a fertile and
mountainous
group of islands
in the
southwestern
Pacific Ocean.
•New Zealand,
about 1,250 mi
(2,012 km)
southeast of
Australia.
6. •Open economy that works on the free market principle.
•Export driven competitive economy with exports accounting
for about 30% of GDP.
•Agricultural commodities account for half of all good exported.
•Main focus on agricultural, forestry, horticlture & hydro electricity.
•Important source of export from tourism.
•Second largest dairy exporter in the world.
ECONOMY
Primary Industry:
•Agriculture
•Horticulture
•Forestry
•Fishing
•Energy and Minerals
Main industries:
•Food processing
•Textile
•Machinery
•Transportation equipment
•Tourism
•Mining
11. Australia's labour force stands at 11.5 million, with an
unemployment rate of 5.5%. Comparison :
India's labour force of 472 million (unemployment 9%),
Indonesia's labour force of 117 million (unemployment
6%),
Germany's labour force of 42 million (unemployment
5.4%)
Economic growth rate misses forecasts :
Forecast annual growth rate was closer to 2.7%.
The Australian central bank left its benchmark rate
unchanged at a record low of 2.75%.
Reserve Bank of Australia (RBA) cut its key rate to 2.75%
from 3%.