The Oxford History of Australia, Volume 5The postwar period has seen radical changes in Australia. Increased dependence on the United States, an influx of European and Asian immigrants, and a series of economic booms and recessions have confronted Australians with the challenge of surviving as an offshoot of European civilization in a largely Asian region and securing a prosperous future with declining support from European markets and investment. This final volume in the Oxford History of Australia details this volatile period, showing that while some Australians have resisted the pressures for change, most have adapted resourcefully and intelligently to the task of creating a new nation able to survive into the 21st century. |
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Page 43
It was no good legislating for the welfare of Australian workers if international
financial pressures gave rise to inflation , unemployment , or high interest rates .
In the early post - war years inflation seemed the greatest menace of the three .
It was no good legislating for the welfare of Australian workers if international
financial pressures gave rise to inflation , unemployment , or high interest rates .
In the early post - war years inflation seemed the greatest menace of the three .
Page 231
Interest rates jumped and created liquidity problems which forced several major
property developers into receivership and eventually forced the closure of a
major stockbroking firm , Patrick Partners . Several building societies were
shaken .
Interest rates jumped and created liquidity problems which forced several major
property developers into receivership and eventually forced the closure of a
major stockbroking firm , Patrick Partners . Several building societies were
shaken .
Page 307
Macauley adds : “ The praise to which he is fairly entitled is this , that he
understood the true interest of his country better than any of his contemporaries ,
and that he pursued that interest whenever it was not incompatible with the
interest of his ...
Macauley adds : “ The praise to which he is fairly entitled is this , that he
understood the true interest of his country better than any of his contemporaries ,
and that he pursued that interest whenever it was not incompatible with the
interest of his ...
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Contents
The Brink of SelfDiscovery 19421951 | 1 |
The High Summer of Robert Menzies 1951 1965 | 87 |
The Search for New Directions 19661975 | 163 |
Copyright | |
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Aboriginal accepted American Australian authority Bank became Britain British Canberra capital cent Chifley claimed Commission Commonwealth communist continued Court demand early economic election encouraged experience exports favour feared federal followed forces foreign Fraser funding government's groups Guinea half High History House important increased industry interest issue Japanese John Labor land largely later leader legislation less Liberal living London major March Melbourne ment Menzies migrants million minister months movement never North overseas Party planning political Press production protest Queensland remained Representatives schools seemed Senate showed social society South Wales strike suburbs Sydney took trade traditional unions United University Vietnam wage welfare Western Australia Whitlam women workers young