35 extraordinary years. What the float of Australian dollar bought us
- Written by Richard Holden, Professor of Economics and PLuS Alliance Fellow, UNSW
How the float was greeted, 35 years ago on December 10, 1983.The Australian, December 10, 1983If a week is a long time in politics, then 35 years must be an eternity.
35 years ago, on Monday December 12, 1983, the Hawke-Keating government announced the Australian dollar would be floated.
That is, the prices set by willing buyers and sellers would...
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