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Why is the Asia-Pacific region important to Australians?

Best Answers

Perhaps we should refine this and define which Australia you mean, the Australia of Sydney, Melbourne, Perth, Brisbane and Canberra or the Australia or the Bush - they are very different things about as similar to one another in some senses as New York City is to Alaska. read more

The Asia-Pacific region is becoming a larger player in the global economy, which has an impact on the rules of the game. This is notably reflected in important developments in the international financial architecture, the network of institutions and fora involved in the governance of the world economy in macroeconomic and financial matters. read more

Australia was a founding member of the Asian Development Bank in 1966 and continues to play an active role as the region's second largest shareholder. We have worked hard in forums such as the Executives' Meeting of East Asia Pacific (EMEAP) Central Banks to foster an effective regional policy dialogue and financial cooperation in support of stability. read more