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Timeline

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The cash rate is cut to 3.0%- 
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 2009 The sub-prime mortgage crisis
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Beijing Olympic Games- Barack Obama elected President of the USA
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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The full sale of Telstra is passed
WorkChoices introduced		2005 Oil Prices increase significantly
Introduction of the Future Fund
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The Liberal Party retains power2004 Athens Olympic Games
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SARS virus hits the Asian region2003 Australia - Thailand Free Trade Agreement signed
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Australia formally rejects the Kyoto agreement2002 Bali bombing incident in Indonesia
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Death of Sr Donald Bradman
Terrorist attacks on the USA
Collapse of HIH Insurance		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 Motor vehicle tariff reduced to 15%
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3% Prime Assets Ratio abolished for banks1999 ASIC set up to promote competition
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Maritime worker's dispute1998 Private Employment Placement Enterprises introduced
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Asian Economic Crisis
Mandated Renewable Energy Target (MRET) introduced		1997 Wallis Report into the financial sector
Mortimer Report
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Commonwealth Bank privatised
Atlanta Olympic Games
Workplace Relations Act		1996 QANTAS privatised
Federal Election - Liberal Party gains power
General tariff rate falls to 5% (from 15%)
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The Creation of Rio Tinto1995 Telecom Becomes Telstra
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 1994 Working Nation Statement
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Keating Labor Party retains power at election1993 National Savings Strategy introduced
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Motor vehicle tariff reduced to 35% (from 57.5%)1992 Superannuation Guarantee Charge introduced
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Partial privatisation of the Commonwealth Bank1991 Paul Keating Assumes Power in the Australian Labor Party
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Iraq invades Kuwait1990 Two airline policy abolished
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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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16 foreign banks granted licenses to operate in Australia1985 EFTPOS introduced
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Los Angeles Olympic Games1984 Medicare Introduced
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Australian dollar floated
Hawke Government elected		1983 Martin Inquiry
Ash Wednesday bushfires
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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