From Latin Austria, a Latinization of Old High German Ostarrîchi (the first element of which means "east" and stems from Proto-Germanic *austraz ("eastern"), and the second element of which is rīhhi; it, in turn, is a calque of Marchia austriaca. (See east, eastern for more.)
Distantly cognate to Australia: it derives from the same Proto-Indo-European root, but via Latin, where it came to mean “south” rather than “east”. Compare also Austrasia.
Modern English dictionary
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