after world war Australia borrowed a lot of money from the london loan market
The Great Dpression
Wall Street crash
due to problems after world war 1 the stock exctange crashed in 1929 beacause alot of money was needed
The goverment spending cuts
The gover mebts spendings were cut so they had to find loans and intrests .Australia has borrowed to much money from the london loans.
Austalian economy astronomy
After the stock market crashed in 1938 Australias stock market was worth less . The Australia economy was built on exports such as weat , wool and dairy . People around the world didnt have enough money to buy this weat,wool and dairy.
The sydney hardbour bridge opens
in 1932 the sydney hardbour bridge opendand it was seen as a triumph.
Un employment at a high point
one third if the working population were un employed .