The Great depression in Australia Matthew Ramsden By carltonnorth56 Period: Jan 1, 1920 to Dec 31, 1939 The Great Depression Oct 31, 1929 Wall street stock exhange crashes Due to financial problems, the Wall Street Stock Exchange crashes. Nov 1, 1929 Government spending cuts Jun 1, 1931 Australian economy suffers Mar 19, 1932 Sydney harbour bridge opens Dec 31, 1932 Unemplyment peaks Dec 31, 1939 Economy starts to recover