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30/06/24
13:18
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Hi @cowcockie
Floating the $AU made Australia more globally competitive.
Compulsory Super made Australia one of the best prepared western democracies for the modern trend of aging populations.
Wages accord with Bob Hawke set the scene for 2 decades of peaceful industrial relations.
But yes, high interest rates hurt … however, I doubt that was restricted to just Australia at the time.
Dex
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