How a secret plan 50 years ago changed Australia's economy forever, in just one night

Written by The Conversation

AAP

At a time when governments are timid, keener to announce reviews than decisions, it’s refreshing to remember what happened 50 years ago today – on July 18 1973.

Inflation had surged to 14%. Australia’s biggest customer, the United Kingdom, had joined the European Economic Community, agreeing to buy products from it rather than...

More Articles ...

The Role of Stainless Steel Suppliers in Australia’s Industry

Stainless steel has become a cornerstone of modern industry, valued for its strength, durability, and resistance to corrosion. From construction and manufacturing to kitchenware and medical equipment, stainless steel plays a vital role in countless applications. Central to this supply... Read more

Why Headless CMS Fits Naturally Into Modern DevOps Pipelines
Modern DevOps pipelines are about speed, reliability, automation, and continuous development. Teams want to deploy small changes frequently instead of large changes less frequently, minimizing risk with isolating changes and…
Handling Breaking Content Changes Without Frontend Downtime
If you work with software for long enough, you’ll eventually run into a situation where something has to change. Content models have to change; fields have to be renamed; structures…

Creating Approval Workflows That Scale Across Departments
As companies grow, content creation and approvals inevitably involve many departments. From marketing to legal to product, brand, region teams, and even the c-suite, someone else needs to see or…
How Metadata Strategy Impacts Personalization in Headless Architectures
In today's digital environments, personalization is predicated far more on metadata than actually on clever algorithms, as many organizations like to believe. While recommendation engines and behavioral logic are there…

Packaging Supplies Melbourne and Smarter Logistics Support
Efficient logistics rely on more than transport alone. The materials used to protect and present products are equally important, and packaging supplies Melbourne provide businesses with the tools needed to move…
Hand Trolley: A Practical and Essential Tool for Everyday Operations
Types of Hand Trollies Hand trolleys are not one-size-fits-all tools. A hand trolly designed for warehouse logistics, for example, may differ significantly from one intended for office moves or retail stock…

Water Suction Hose Solutions for Efficient Fluid Transfer Applications
Industrial and commercial operations that rely on fluid movement depend heavily on the reliability of a water suction hose. These hoses are designed to draw water and other fluids from…
Medical Clinic Bundoora Providing Accessible and Comprehensive Healthcare
Choosing the right medical clinic Bundoora is an important part of maintaining consistent and reliable healthcare for individuals and families. A local medical clinic acts as a central point for everyday…

Prev Next

Commercial Construction Companies Melbourne And Building The City’s Business Backbone
Commercial construction companies in Melbourne play a defining role in shaping how the city works, grows, and functions. From …
The Role of Stainless Steel Suppliers in Australia’s Industry
Stainless steel has become a cornerstone of modern industry, valued for its strength, durability, and resistance to corrosion. …
Creating Approval Workflows That Scale Across Departments
As companies grow, content creation and approvals inevitably involve many departments. From marketing to legal to product, bran…
Hand Trolley: A Practical and Essential Tool for Everyday Operations
Types of Hand Trollies Hand trolleys are not one-size-fits-all tools. A hand trolly designed for warehouse logistics, for exampl…
Water Suction Hose Solutions for Efficient Fluid Transfer Applications
Industrial and commercial operations that rely on fluid movement depend heavily on the reliability of a water suction hose. The…
Understanding K1042 Steel Plate And Where It Fits In Industrial Projects
The k1042 steel plate grade is often chosen when strength, consistency, and dependable performance are essential. In industrial…

What 2.5 million Australian company directors need to know about the scathing Star judgement
It’s one of the most important corporate governance cases in the past 20 years, involving organised crime inside Australia…
Too many ‘stupid rules’, too little authority: how organisations create their own red tape
Getty Images“Dress appropriately.”Soon after becoming General Motors’ vice president of global human resources …
Panic buying just makes shortages worse. Why do people do it anyway?
Have you visited a petrol station recently? You might have been in for a shock – and not just because the price on display …
Amid a surge in energy prices, a windfall tax on gas profits could be the best way to protect households
The war in Iran has once again exposed how vulnerable the world’s energy markets are to geopolitical disruption. In wild sw…
As tonnes of illegal tobacco sneak in past our borders, we risk missing a threat that could cost us billions
Australia regularly makes global headlines for its strict biosecurity rules for international travellers. Failing to declare food…
As global trade rules falter, how can Australia protect itself from economic coercion?
The United States was once a champion of fair trade rules. Now, it has transformed into a rampaging Viking seeking extortionate t…
Insolvencies have spiked – would a law change let more businesses trade their way out of trouble?
Getty ImagesNew Zealand has been experiencing a striking rise in company failures, focusing attention on the role of directors wh…
Andrew Leigh maps the drivers of history’s big breakthroughs — and why they still matter
Suraj Rai & Digit, CC BYInnovation is one of the most celebrated yet misunderstood ideas of our time. It is invoked in policy…
Fertiliser costs are soaring amid war in the Middle East. Will your grocery bill follow?
Alfio Manciagli/GettyConflict between the United States, Israel and Iran has now led to the effective closure of the Strait of Ho…
How Australia and NZ rules on plant milks differ from overseas, where cows make the only ‘milk’
Madalyn Cox/UnsplashLast month, the United Kingdom’s Supreme Court determined that plant-based drink maker Oatly could not …
NZ’s rising house insurance premiums warn of a system under strain
NZDF/Getty ImagesNew Zealand’s Treasury has just launched a review of household insurance affordability – and it coul…
Even if Australians won an extra week of leave, we’d need to make sure they could take it
Do your holidays always feel too short? Or are you a parent struggling to juggle the demands of school holidays with the leave yo…
Labour-National standoff aside, the India-NZ trade deal is a blueprint for real growth
Indian Prime Minister Narendra Modi meets New Zealand Prime Minister Christopher Luxon in New Delhi, 2025Chandradeep Kumar/ The I…

End of Financial Year Tax Hacks: 3 Ways a Small Business Loan Can Help Your SME Reduce Taxable Income
With the end of the financial year just around the corner now’s the time to get your affairs in order to ensure you don’t p…
Navigating College Costs: A Comprehensive Tuition Handbook
The journey to achieving higher education can be both exhilarating and daunting. With myriad learning opportunities awaiting …
Helping those who help our elderly
What happens to care workers who finish work late and arrive to empty shelves?Carers caring for our elderly start their days earl…
Something Endangers the EV Self-Driven Cars Industry
Everyone has seen the launch of Tesla vehicles, after which many automotive giants have entered the EV industry. While the rest…
Norco Storm 3 mountain bike review
The Norco Storm 3 mountain bike is brilliant but it is flawed. There are many mountain bike brands on the market. Mountain …

How Door-to-Door Private Transfers Simplify Your Ski Trip
Ski holidays might be thrilling, but they're notoriously challenging to arrange. Between booking flights and accommodation, tra…
Relaxing summer activities in big cities
In Summer, not only the heat rises, but it's also time for summer vacations. Everyone goes above and beyond to relax, unwind an…
Rail adventure to the NSW outback
New, history-making rail adventure to the NSW outback aboard one of Australia’s most famous trains – the Spirit of Progress -…
Here's Why You Need to Go to Perth
Perth might be one of the most isolated cities in the world but it does not make it any less amazing than any other metropo…
Gympie 4WD Spares and Sunshine Coast 4WD Wreckers: Queensland Regional Excellence
The thriving 4WD scene in Queensland's southeast relies heavily on specialists like Gympie 4WD spares and Sunshine Coast 4WD wr…

NewsServices.com

Content & Technology Connecting Global Audiences

More Information - Less Opinion