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SBS50: Fast Facts 1990

SBS50: Fast Facts

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CABINET DOCUMENTS 1988/1989

Treasurer Paul Keating at the National Press Club after Budget night, Canberra, 1989. Credit: PR IMAGE

Did you know that, in 1990, Australia suffered severe economic difficulties including a stock market slump, high inflation and rising unemployment? It was the recession then Treasurer Paul Keating famously claimed “we had to have.”

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Did you know that, in 1990, Australia suffered severe economic difficulties including a stock market slump, high inflation and rising unemployment? It was the recession then Treasurer Paul Keating famously claimed “we had to have.”

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