Population Demographic In Australia

Submitted By Joebeans1
Words: 2257
Pages: 10
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Demographics |

Criteria | Rating | Total Population | 4 | Population Growth Rate | 3 | Age Structure | 5 | Middle Class Size | 6 | Urban/Rural Composition | 2 | | | Overall Demographics Rating | 57 % |

"Overall Demographics Rating" is a percentage-based grade derived from the average of all ratings, on a scale of 1 to 7, that the team assigned to the criteria. |

Talking Points | Total Population | The rating was a 4 because Australia has a population of a little over 22 million and that is outside the top 50 in the world for total population. | Population Growth Rate | The rating was a 3 because the growth rate for the country is not very high and is only growing at 1.126% per year which is outside the top 100 country's in growth rate. | Age Structure | The rating was a 5 because about 20% of the population is between the age of 12-24 which is the prime age market for video game systems. | Middle Class Size | On the whole, the majority of Australia's population would probably be defined as middle class which is why it was given a rating of 6. | Urban/Rural Composition | There are some differences in standards of living between rural and urban residents, as the cost of providing basic services to rural areas is generally higher. Rural regions often have more limited services and higher prices for consumer goods. A rating of 2 was given because most(89%) of the country live in urban areas which isn't a good thing for the z-box. |

Government |

Criteria | Rating | Government Stability | 7 | Economic Freedom | 7 | Openness to FDI | 7 | Legal System | 6 | Currency Convertibility | 7 | | | Overall Government Rating | 97 % |

"Overall Government Rating" is a percentage-based grade derived from the average of all ratings, on a scale of 1 to 7, that the team assigned to the criteria. |

Talking Points | Government Stability | In a 2009 report by The Economist Intelligence Unit - ‘Manning the Barricades’ - Australia achieved one of the highest rankings of any country in the world for political stability. Of the 165 countries covered by The Economist for these rankings, 95 are in the high to very high risk group for political instability; 53 countries are rated as moderate, and only 17, almost all highly developed states, are rated as low risk Australia came in equal ninth in country rankings for political stability, with the Scandinavian countries and Canada heading the list. | Economic Freedom | Australia’s economic freedom score is 83.1, making its economy the 3rd freest in the 2012 Index. Its overall score is 0.6 point higher than last year, reflecting better scores in trade freedom, government spending, and fiscal freedom. Australia is ranked 3rd out of 41 countries in the Asia–Pacific region, and its score is well above the regional and world averages. | Openness to FDI | Increase globalization over the last 2 decades has led to strong growth of international business activity and FDI, which in turn has lead to extensive research on the determinants and consequences of FDI. | Legal System | All of the States and territories of Australia that are self-governing are separate jurisdictions, and have their own system of courts and parliaments. The systems of laws in each state are influential on each other, but not binding. Laws passed by the Parliament of Australia apply to the whole of Australia. | Currency Convertibility | It is very easy to convert from and to the Australian Dollar and Australia is positioning itself to become the third country allowed to directly convert its currency to the yuan, a move that would lower transaction costs for Australian miners and importers. |

Physical Infrastructure |

Criteria | Rating | Roads and Highways | 6 | Railways | 5 | Airports | 5 | Navigable Waterways | 4 | Ports | 7 | | | Overall Physical Infrastructure Rating | 77 % |

"Overall Physical Infrastructure Rating" is a
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