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Australian government debt, about $963 billion in June 2022, exceeds 45.1% of the country's total GDP, and is the world's eighth-highest. [323] Australia had the second-highest level of household debt in the world in 2020, after Switzerland. [324] Its house prices are among the highest in the world, especially in the large urban areas. [325]
The Colony of New South Wales was created as a penal colony by the Kingdom of Great Britain in Australia east of 135° east. [1] Word of the establishment was proclaimed in Australia by Governor Arthur Phillip on 7 February 1788. [2]
Australian soldiers carrying Prime Minister Billy Hughes, the 'little digger', down George Street, Sydney after his return from the Paris Peace Conference, 1919 Built between 1920 and 1930, a cultural masterpiece of Australian architecture, Brisbane City Hall was one of the most expensive buildings and the second largest construction of the ...
First permanent Australian city. [1] Largest city in Australia, capital of New South Wales. 1788 Parramatta: New South Wales Second-oldest settlement in Australia. [2] Now a part of the Sydney urban area. 1788 Kingston: Norfolk Island: Island settled as part of the Colony of New South Wales. [3] It is now a separate territory of Australia. 1791 ...
The history of Australia from 1901 to 1945 begins with the federation of the six colonies to create the Commonwealth of Australia. The young nation joined Britain in the First World War, suffered through the Great Depression in Australia as part of the global Great Depression and again joined Britain in the Second World War against Nazi Germany in 1939.
Immigrants from the United Kingdom, continental Europe, the United States and China also poured into Victoria and New South Wales. The Australian population increased from 430,000 in 1851 to 1,170,000 in 1861. Victoria became the most populous colony and Melbourne the largest city. [2] [3]
Melbourne has overtaken Sydney to become Australia's most populous city for the first time in over 100 years due to a boundary change. Melbourne now has 18,700 more citizens than Sydney, according ...
The Constitution provided that the British monarch be represented in Australia by a Governor-General. Originally, appointments were made on the advice of the British, not the Australian, government, and was generally a British aristocrat. In 1930, the Australian government insisted that Australian-born Isaac Isaacs be appointed. The British ...