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post world war one
australian borrowed lots of money from the londodn loan market -
Period: to
the great depression
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wall street crash
due financial problems since the war ,the new york stock exchange crashes. -
govomment spending cuts
the australian govomment starts making spending cuts to find ways to repay loans,interests ,etc. -
australian economy sufers
australian exports (wool ,floor ,dairy .etc)fall in price by almost 50% -
sydney harbour bridge opens