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Bringing together leaf trait data spanning 2,548 species and 175 sites we describe, for the first time at global scale, a universal spectrum of leaf economics consisting of key chemical, structural and physiological properties. The spectrum runs from quick to slow return on investments of nutrients and dry mass in leaves, and operates largely independently of growth form, plant functional type or biome. Categories along the spectrum would, in general, describe leaf economic variation at the global scale better than plant functional types, because functional types overlap substantially in their leaf traits. Overall, modulation of leaf traits and trait relationships by climate is surprisingly modest, although some striking and significant patterns can be seen. Reliable quantification of the leaf economics spectrum and its interaction with climate will prove valuable for modelling nutrient fluxes and vegetation boundaries under changing land-use and climate.

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Tree and shrub species of the Banksia woodlands on the sandplains of northern Swan Coastal Plain, Western Australia possess a range of strategies to avoid or tolerate soil water deficits during the annual summer drought. Shallow-rooted shrub species (< 1 m rooting depth) inhabit a range of locations in the landscape, from top of dune crests to wetland embankments. These are the most drought-tolerant of all sandplain species, surviving extremely low summer soil water potentials (< -7 MPa) and tissue water deficits by significantly reducing their transpirational water loss (< 0.2 mmol m-2 s-1). This is in contrast to the few shallow-rooted species restricted to low-lying or seasonally waterlogged areas which are reliant on subsurface soil moisture or groundwater to maintain their relatively high summer water use. Recent studies of water source usage of selected Banksia tree species have shown that these deep-rooted species access groundwater up to a maximum depth of 9 m depth during the summer months, or soil moisture at depth when groundwater was greater than maximum rooting depths, depending on the species. Medium- and deep-rooted (1-2 m and > 2 m, respectively) shrub species cope with the summer soil drying phase and related decrease in groundwater levels by conserving leaf water loss and incurring predawn water potentials between -1 and -4 MPa, enabling them to occur over a range of topographic positions within the sandplain landscape.

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Leaf trait data were compiled for 258 Australian plant species from several habitat types dominated by woody perennials. Specific leaf area (SLA), photosynthetic capacity, dark respiration rate and leaf nitrogen (N) and phosphorus (P) concentrations were positively correlated with one another and negatively correlated with average leaf lifespan. These trait relationships were consistent with previous results from global datasets. Together, these traits form a spectrum of variation running from species with cheap but frequently replaced leaves to those with strategies more attuned to a nutrient-conserving lifestyle. Australian species tended to have SLAs at the lower end of the spectrum, as expected in a dataset dominated by sclerophyllous species from low fertility or low rainfall sites. The existence of broad-scale, 'global' relationships does not imply that the same trait relationships will always be observed in small datasets. In particular, the probability of observing concordant patterns depends on the range of trait variation in a dataset, which, itself, may vary with sample size or species-sampling properties such as the range of growth forms, plant functional 'types', or taxa included in a particular study. The considerable scatter seen in these broad-scale trait relationships may be associated with climate, physiology and phylogeny.