By Timothy L. Gall
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By 2002, there were about 747. 5 times more successful than non-franchised businesses. Installment selling, called hire purchase, is used in the sale of many products. In the past few years, direct marketing has grown at an annual rate of about 7%. Reliable commercial credit agencies cover all the main cities and many smaller towns. The usual business hours are from 9 AM to 5 PM, Monday– Friday, with some businesses also open from 9 AM to noon on Saturday. Retail shops generally stay open later, usually with evening hours at least one day a week.
At home, coal supplied 44% of the country’s energy as of 2002. 2 million tons; around 80% of Australia’s coal was bituminous and 20% was lignite. New South Wales and Queensland account for more than 95% of Australia’s black coal production and virtually all its exports. Australia has over 55 billion tons of recoverable reserves of bituminous coal, an amount that could satisfy production levels for about 260 years at current levels of demand. 2 billion, to supply natural gas from the Northwest Shelf (the North West Gas Shelf Project—NWGSP).
Egg production is around 190,000 tons per year, predominantly for domestic consumption. Australia produces some 25,000 to 30,000 tons of honey per year, half of which is exported. 38 billion. Nearly 60% of total beef production is exported annually, most of it going to the United States, South Korea, and Taiwan. 24 F IS H IN G Fishing is relatively unimportant, even though the Australian Fishing Zone is the third largest in the world. Even with a low per capita fish consumption, Australia must import about half its normal requirements.