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Australia is the world's smallest continent and sixth-largest country. With proportionately more desert land than any other continent, Australia has a low population density. Lying completely in the Southern Hemisphere, Australia is bounded by the Indian Ocean on the west and south and by the Pacific Ocean on the east. These oceans merge on the north in the Arafura Sea between Australia and Indonesia and New Guinea, and on the south in the Bass Strait. …

…settlement (SYDNEY) was founded at an excellent harbor on the southeast coast. British convicts played an important role in the territory's early history. The discovery of gold and other ores attracted immigrants, but Australia remained a primarily agricultural country until World War II. Subsequent industrialization has been rapid, and today Australia ranks as one of the world's most economically developed countries, although vast areas of the interior, known as the Outback, remain all but uninhabited.