What accounts for Australia having the priciest passports globally?

What accounts for Australia having the priciest passports globally?
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Australia’s passports are considered to be among the most expensive due to several factors. Firstly, the cost reflects the high standards of security features and technology included in the passport to prevent forgery and fraud. These features often require ongoing investment in design and production.
Additionally, the pricing is influenced by the country’s policies and administrative costs associated with processing passport applications. Australia consistently updates its passport system to maintain security and enhance the user experience, which can also contribute to the higher fee.
Lastly, the cost may be seen as a reflection of the passport’s value in terms of international travel freedom. Australian passport holders enjoy visa-free or visa-on-arrival access to many countries, which can be part of the justification for the higher price. While it might seem costly, many see it as an investment in both security and the extensive travel benefits it offers.