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Timeline

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World EventFinancial Activities
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The cash rate reaches 7.25%- 
 2008 Parliamentary apology to the stolen generations
Kevin Rudd becomes the Prime Minister- 
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Australia signs the Kyoto Protocol2007 The Ashes
Emergency Water Summit- The first Fair Pay Commission ruling is handed down
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 - Snowy Hydro Limited Privatisation Stopped
The Cash Rate is Increased to 5.75%2006 
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WorkChoices introduced
The full sale of Telstra is passed		2005 Oil Prices increase significantly
Introduction of the Future Fund
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Athens Olympic Games2004 The Liberal Party retains power
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SARS virus hits the Asian region2003 Australia - Thailand Free Trade Agreement signed
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Bali bombing incident in Indonesia2002 Australia formally rejects the Kyoto agreement
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Death of Sr Donald Bradman
Collapse of HIH Insurance
Terrorist attacks on the USA		2001 Superannuation increased to 9%
The Collapse of Ansett
Liberal Party returned to power
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Reform of the taxation system (GST)2000 Sydney Olympic Games
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3% Prime Assets Ratio abolished for banks1999 Referendum on the Australian Republic
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Maritime worker's dispute1998 Private Employment Placement Enterprises introduced
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Asian Economic Crisis
Wallis Report into the financial sector		1997 Mandated Renewable Energy Target (MRET) introduced
Modern Apprenticeship and Trainee Scheme
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Atlanta Olympic Games
Commonwealth Bank privatised
QANTAS privatised		1996 Workplace Relations Act
General tariff rate falls to 5% (from 15%)
Federal Election - Liberal Party gains power
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The Creation of Rio Tinto1995 Telecom Becomes Telstra
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 1994 Working Nation Statement
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National Savings Strategy introduced1993 Keating Labor Party retains power at election
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Motor vehicle tariff reduced to 35% (from 57.5%)1992 Barcelona Olympic Games
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Paul Keating Assumes Power in the Australian Labor Party1991 Partial privatisation of the Commonwealth Bank
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Iraq invades Kuwait1990 Collapse of the Pyramid Building Society
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Berlin Wall torn down1989 
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 1988 Seoul Olympic Games
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Labor Government re-elected1987 The Sharemarket Crash
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1986
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EFTPOS introduced1985 16 foreign banks granted licenses to operate in Australia
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Los Angeles Olympic Games1984 Hawke Labor government re-elected
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Hawke Government elected
Australian dollar floated		1983 Ash Wednesday bushfires
Martin Inquiry
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Commonwealth Games in Brisbane1982 
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 1981 Campbell Inquiry into the financial system
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Moscow Olympic Games1980