How does Australia maintain a strong economy with a small, distant population?

Australia is known for its strong economy, despite its small population and remote location. There are several factors that contribute to this success, including:

• Natural resources: Australia has an abundance of natural resources, including minerals, coal, and natural gas. These resources are exported to other countries, providing a major source of revenue for the economy.
• Free trade agreements: Australia has signed several free trade agreements with other countries, which help to increase trade and investment, and stimulate economic growth.
• Services sector: The services sector is the largest sector of the Australian economy, employing over 80% of the workforce. This sector includes industries such as healthcare, education, and finance, which are less dependent on physical location and can be delivered digitally.
• Immigration policy: Australia has a skilled immigration policy, which attracts highly skilled workers to the country. This helps to address skills shortages in certain industries, and also contributes to economic growth and innovation.

Additionally, Australia has a stable political system, a strong education system, and a well-developed infrastructure, which are all important factors in maintaining a strong economy.