Sydney Flashcards
What is the mean age of the workforce
36
What is the average income in australia
$82,000
What is the population of austrailai
4.8 million
What percfentage of austrialai population is born overseas
30%
What type of sector is australia
Sydney has a strong quaternary sector (ICT)
Adult salaries (2015)
AU$82,000 a year
AU’s average incomes = higher than UK’s
Sydney quality of life
10th in the World
An ‘alpha’ city
De-regulating banking
Allowing overseas banks to work in a particular city or country
Sydney climate
A ‘Sun-belt’ city, sunny climate than encourages people to live/ work there
What makes Sydney so successful?
Strong economy
Attractive for business
High incomes
Sun-belt city
Levels of multiple deprivation
Sydney has low levels of deprivation
Does have areas of deprivation (Especially in Western suburbs) but employment levels are generally high with above average income
Why is Sydney the leading financial centre from the Asia-Pacific region?
Has high levels of FDI from overseas-owned banks and TNCs
Result of international migration into Sydney
Over 1.2 million British-born people now living in Australia
Multicultural with over 250 languages spoken there
1.5 million of Sydney’s residents born over seas
What is the minimum wage in AUS
$20.33 per hour
What percentage of audtriala is unemployed
4.2%
