List of Australian businesspeople
The economy of Australia is one of the most developed, modern market economies in the world and the most productive in South Pacific, with a GDP of approximately US$1.6 trillion. Australia's total wealth is 6.4 trillion dollars. In 2011, it was the 13th largest national economy by nominal GDP. Businesspersons involved in different activities, whether commercial or industrial, for the purpose of generating revenue from a combination of human, financial, and physical capital are listed here.
Secessionism in Western Australia
At the start of the 21st century, Australia was in the middle of a "resources boom", which once again meant that Western Australia's economic contribution to the Australian economy was at a high point. Perceptions of a disproportionately low share of federal resources relative to economic contribution fanned a further wave of secessionist-leaning rhetoric. For example, at the 22 October 2008 Vista Public Lecture, former Western Australian Premier, Richard Court, said that the case for a secessionist movement is only strengthened while the Commonwealth government continues to exploit the State's resource-rich economy and fails to share the prosperity evenly. He argued that, at the time, Western Australia accounted for 35% of the nation's export income yet most of the revenue is used to strengthen the "financial muscle growing in Canberra". The state has approximately 9–10% of the nation's population, generates over 10% of the Goods and Services Tax revenue, but received only 6% of what was being distributed. Court said that if the then-current Federation path continues, then by the year 2020, Western Australia would be receiving only 5% of what would be distributed by the Commonwealth Grants Commission. The former Premier said he was not advocating secession but stressed that the financial imbalance required addressing and that "the time to do so is now".