Industrial Revolution- BHP Gold rush.

  • Opening up of goldfields.

    In the 1850's, there was a rapid opening of goldfields and there was a growing demand for picks, shovels and other tools for picking gold.
  • Gold rushes brought wealth and increase in population.

    In 1851, in both NSW and Victoria brought not only wealth but and increase in population.
  • Ballarat found eight mining equipment foundries.

    In 1861, Ballarat had found eight mining equipment foundries.
  • A severe resussion.

    In 1891-1892, there was a severe resussion in Australia which slowed industrialistaion.