Located south of the equator, Australia, the Island Continent, is bounded by the Indian Ocean to the west and Pacific Ocean in the east. It occupies cool temperate to tropical climates from 10° south to 43° south latitude and from 112° east to 153° east longitude, to the south of the countries of Indonesia and Papua New Guinea, and west of New Zealand.
The national capital of Australia is Canberra. There are six (6) states; Queensland (QLD), New South Wales (NSW), Victoria (VIC), Tasmania (TAS), South Australia (SA) and Western Australia (WA). The Australian Capital Territory (ACT) is now self administrating with it's own legislature. The Northern Territory (NT), despite being self administering, can still have it's state laws overturned by the Federal Government.
While NSW, VIC and QLD are rarely referred to in the abbreviated form in daily speech, you'll often hear references to "the Aay See Tee" (ACT), "Ess-Ay" (South Australia), "Double-yew Ay" (Western Australia) and "Tas-ee" (spelled Tassie, for Tasmania). The state capital of QLD - Brisbane, will similarly be abbreviated to "Bris-ee" for Brissie.