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The government introduced the Australian National Training Authority Act 1992 and the Disability Discrimination Act 1992, which it hoped would assist the disabled to remain productive and off welfare. By the close of 1992, unemployment was still rising, but growth had improved. [18] Keating called an election for March 1993.
A variety of pegs to sterling applied until December 1931, when the government set a rate of £1 Australian = 16 shillings sterling (£1·5s Australian = £1 sterling; A£1.25 = £1 sterling). While wool-growing remained at the centre of economic activity, a variety of new goods, such as wheat, dairy and other agriculturally-based produce ...
[53] During the recession, GDP fell by 1.7%, employment by 3.4% and the unemployment rate rose to 10.8%. [54] However, the recession did assist in reducing long-term inflation rate expectations and Australia has maintained a low inflation environment since the 1990s to the present day.
As we saw, under such policies an unemployment rate of 10 per cent was needed to bring wage claims down to their present state, one in which virtually no increases at all are taking place. [ 16 ] The official Australian unemployment rate did fall under the early Accord, reaching a minimum of 6% in 1990, but rapidly increased between 1990 and ...
This is a list of OECD countries by long-term unemployment rate published by the OECD. This indicator refers to the number of persons who have been unemployed for one year or more as a percentage of the labour force (the sum of employed and unemployed persons).
September 2009 Australian unemployment rate: 5.7% [30] October 2009 Australian unemployment rate: 5.8% [ 31 ] The unemployment rate for October rose slightly due to population growth and other factors leading to 35,000 people looking for work, even though 24,500 jobs were created.
A Dictionary of Australian Military History – from Colonial Times to the Gulf War (1992) Hearn, Mark, Harry Knowles, and Ian Cambridge. One Big Union: A History of the Australian Workers Union 1886–1994 (1998) Hutton, Drew, and Libby Connors. History of the Australian Environment Movement (1999) excerpt and text search; Kelly, Paul.
The unemployment rate falls to 8.1%; Victorian Premier Joan Kirner axes two government departments. [which?] 18 January – Prime Minister Bob Hawke calls on Israel not to retaliate against Iraq. 19 January – Peace marches across Australia demand the withdrawal of Australian forces from the Gulf. A shark attacks a midnight swimmer in a Gold ...