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home / archives / 1988 / 28th May

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Looking after accomodation.

In his May 'Mini Budget' Australian Federal Labor Treasurer Paul Keating had just announced a raft of new taxes together with reductions in some other areas of the economy. Home loan interest rates were rising - a major concern for mortgagee families.

Prime Minister Bob Hawke was the party leader and the new Australian Parliament House had just been officially opened by Queen Elizabeth II on May the 8th.