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The Commonwealth of Australia Constitution Act serves as the foundational legal document that establishes the framework for the government of Australia. It outlines the structure and powers of the government, including the roles of the Parliament, the Executive, and the Judiciary, and sets the principles of federalism and representative democracy in the country. By defining how the government operates, it ensures a separation of powers and provides a system of checks and balances.

In contrast, regulating immigration policies, managing natural resources, and creating laws regarding trade are important aspects of governance but are not the primary purpose of the Constitution. These areas are influenced by the Constitution but are subject to specific legislation and policies enacted by the government within the framework established by the Constitution itself. Thus, the purpose of the Commonwealth of Australia Constitution Act is fundamentally tied to the structure and operation of government rather than specific policy issues.