The cabinet is elected by the Prime Minister from members of the House and Senate. The legislative branch is a bicameral Federal Parliament made up of the House of representatives and the Senate. The elections for these seats are held every three years. There are several less prevalent and radical groups organized in Australia as well. Its per capita GDP is comparable to that of industrialized West European countries .
Major exports are coal, wool, wheat, iron ore, petroleum oils, meats, aluminum and gold.
The government has established an organization to supervise and promote the development of overseas markets. This organization provides cash grants to those who develop these overseas markets for exporting. The major imports are road vehicles, industrial machinery, office equipment, electrical goods, textiles and petroleum oils. The tariff policies currently in place in Australia are there primarily to protect the car, textile and manufacturing industries. Australia also enforces a policy of import quotas on these protected industries.