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About Australia
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, Pacific and Southern Oceans. The neighbouring countries are Indonesia, East Timor and Papua New Guinea to the north, the Solomon Islands, Vanuatu and New Caledonia to the north-east, and New Zealand to the south-east.
The Australian mainland has been inhabited for more than 42,000 years by Indigenous Australians. After sporadic visits by fishermen from the north and by European explorers and merchants starting in the 17th century, the eastern half of Australia was claimed by the British in 1770 and initially settled through penal transportation as part of the colony of New South Wales, commencing on 26 January 1788. As the population grew and new areas were explored, another five largely self-governing Crown Colonies were established during the 19th century.
On 1 January 1901, the six colonies became a federation, and the Commonwealth of Australia was formed. Since federation, Australia has maintained a stable liberal democratic political system and remains a Commonwealth Realm. The capital city is Canberra, located in the Australian Capital Territory. The population is 21 million, and is concentrated in the mainland state capitals of Sydney, Melbourne, Brisbane, Perth, and Adelaide.
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. The country was ranked third in the United Nations' 2006 Human Development Index and sixth in The Economist worldwide quality-of-life index 2005. The absence of an export-oriented manufacturing industry has been considered a key weakness of the Australian economy. More recently, rising prices for Australia's commodity exports and increasing tourism have made this criticism less relevant. Nevertheless, Australia has the world's fourth largest current account deficit in absolute terms (in relative terms it is more than 7% of GDP). This is considered problematic by some economists, especially as it has coincided with the high terms of trade and low interest rates that make the cost of servicing the foreign debt low.
The Hawke Government started the process of economic reform by floating the Australian dollar in 1983, and partially deregulating the financial system. The Howard government has continued the process of microeconomic reform, including a partial deregulation of the labour market and the privatisation of state-owned businesses, most notably in the telecommunications industry. The indirect tax system was substantially reformed in July 2000 with the introduction of a 10% Goods and Services Tax, which has slightly reduced the heavy reliance on personal and company income tax that characterises Australia's tax system.
About Virginia
The Commonwealth of Virginia (IPA: /vɝːˈdʒɪ.njə/) is a Southeastern state historically considered part of the Southern region of the United States of America. It is named after Queen Elizabeth I of England, who was known as the Virgin Queen because she never married.
The Virginia Colony was the first part of the Americas to be continuously inhabited by English (following the 1707 Acts of Union, British) colonists from its founding as a European colony up to the American Revolution. It included area explored by the 1584 expedition of Sir Walter Raleigh along the coast of North America, and at one time it also included Bermuda (or Virgineola). The Virginia Company of London became incorporated as a joint stock company by a proprietary charter drawn up on April 10, 1606. The charter granted lands stretching from approximately the 34th parallel (North Carolina) north to approximately the 45th parallel (New York) and from the Atlantic Ocean westward. The Third Charter of 1612 extended its boundaries far enough across the Atlantic to incorporate Bermuda, which the company had possessed since 1609. The commonwealth was one of the thirteen colonies that revolted against British rule in the American Revolution to form the United States of America.
Virginia is known as the "Mother of Presidents", because it is the birthplace of eight U.S. presidents (George Washington, Thomas Jefferson, James Madison, James Monroe, William Henry Harrison, John Tyler, Zachary Taylor, and Woodrow Wilson), more than any other state. Most of the United States' early presidents were from the state. Virginia has also been known as the "Mother of States" (sometimes "Mother of States and Statesmen") because portions of the original Colony subsequently became Kentucky, Indiana, Illinois, as well as some portions of Ohio. Additionally, most of what is now Wisconsin and Michigan was also briefly claimed by Virginia during the Revolutionary War. As a result of the American Civil War (1861-1865), many western counties formed a separate state which was admitted to the Union as West Virginia.
The capital is Richmond and the most populous city is Virginia Beach. Due to the nature of independent cities in Virginia, the most populous local jurisdiction is Fairfax County in Northern Virginia. Independent cities and counties function in the same manner; according to the US Census Bureau independent cities are considered county-equivalent. The largest city in land area is Suffolk, which includes a large portion of the Great Dismal Swamp.
Virginia has a diverse economy, with many federal and military employees in Northern Virginia and Hampton Roads, which have the world's largest office building and the world's largest naval base respectively. In modern times, the Historic Triangle of Colonial Virginia area includes Jamestown, Yorktown and the restored area and living museum of Colonial Williamsburg. Linked by the Colonial Parkway, they combine to form one of the most popular tourist destinations in the world.