The Importance of Gold in Australia 

Gold mining turned a convict naval base and settlement into a country full of free people. It paid for telegraphs, railways and many other things that benefited Australia.

In the last ten years, the price of gold has risen from less than $500 US per ounce to about $1000 US per ounce. This means that Australia is becoming wealthier because of its gold.  The value of gold we are exporting is steadily increasing.

In 2009, new mines will be built in Australia. This will mean more jobs for people and more gold to export all over the world.