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...

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