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The early 1990s recession saw a period of economic downturn affect much of the world in the late 1980s and early 1990s. The economy of Australia suffered its worst recession since the Great Depression.
The history of the Australian Labor Party has its origins in the Labour parties founded in the 1890s in the Australian colonies prior to federation. Labor tradition ascribes the founding of Queensland Labour to a meeting of striking pastoral workers under a ghost gum tree in Barcaldine, Queensland in 1891. The Balmain, New South Wales branch of the party claims to be the oldest in Australia. Labour as a parliamentary party dates from 1891 in New South Wales and South Australia, 1893 in Queensland, and later in the other colonies.
References
- ↑ Martin, Ross: Bill Kelty interviewed by Ross Martin (sound recording), National Library of Australia, 9 October 2001.
- ↑ "Past & Present Reserve Bank Board Members | RBA".
- ↑ Coorey, Phillip (10 June 2008). "High honours for Howard and his right-hand man". Sydney Morning Herald.
