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

  • Written by: Alex Millmow, Senior Fellow, Federation University Australia
How a secret plan 50 years ago changed Australia's economy forever, in just one nightAAP

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...

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

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