We are not top heavy in debt, and our main trading partner china has an economy doing well.
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yes, it did. During WW1 the economy boomed because of having to make weapons for war, and when the war ended we experienced a very fast transition from war to peace time. Along with that transition also brought a very fast economic change from booming war economy to a fast expanding and prosperous industrial economy.
Yes, after world war one the English economy was destroyed so they needed to buy all their resources from other countries which made the economy in Australia and America boom. that why they call the period after ww1 the high 20'sor the booming 20,s
So long as Australia sees itself a a part of the World community and gets involved in wars be they right or wrong. and expects to be treated in a reasonable fashion by the rest of the world, then Yes they Should. That is like asking " should Australians be compassionate people". there is nothing wrong with giving a helping hand to your fellow man. The people that seek refuge in Australia end up as Australian as the rest of us.
Because Australia chose not to become a republic. The queen is head of Australia in Title only.
The spice trade. Research the Dutch East India Company and you will find a wealth of information as to why the Dutch were able to dominate the spice trade.