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How oil fever and the computer age changed Australia in the 1960s

Mining expansion, new technologies, thrills and spills in the sharemarket, a sharp political shift and cracks in the White Australia Policy laid the foundations for a national makeover. This is the second of a seven-part decade-by-decade series on the growth of modern Australia. ....

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Government to take fiscal U-turn 70 years after 'horror budget'


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“We make no apology for giving you a budget which will entail sacrifice,” concluded the Menzies government’s Treasurer Arthur Fadden in September 1951, less than two months after
The Australian Financial Review started publication.
But Sir Arthur’s punishing tax assault on households and businesses was not well received by Australia’s upstart first national newspaper.
“FADDEN’S DISASTROUS BUDGET FOR 1951-52,” screamed its page one headline.
Sir Arthur Fadden arrives at Parliament House to deliver the federal budget aiming to rein in a runaway economy. 
Harry Martin
“No more disastrous series of financial proposals can ever have been presented to Parliament than the Budget for 1951-52,” thundered the ....

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