Australia is located in the South Pacific and has a
population of over 20 million. Local stocks are traded on
the Australian Stock Exchange (
ASX) in Sydney and best is
represented by the S&P/ASX 200 Index. Australia is home to
some of the world's largest resource and mining companies as
well as a number of banks dominant in the Asia/Pacific region.
The Australian currency, the Australian dollar, is free floating
and one of the more traded currencies in the world of foreign
exchange.