| A | B |
| GREENS | Australian Green Party |
| INFLATION | excessive increase of currency |
| BY-ELECTION | election held in an electorate that has been vacated by the sitting member |
| NATIONALISATION | acquisition of privately run enterprises by the state |
| PRIVATISATION | sale of state owned enterprises to private industry |
| URANIUM | radio-active element used in nuclear energy production |
| COALITION | Liberal-National Party |
| WELFARE STATE | State with government controlled areas such as education, health, unemployment and social security |
| DEMOCRATS | Australian Democratic Labor Party |
| LIBERALS | Australian Liberal Party |
| LABOR | Australian Labor Party |
| MEDIBANK | Australian government health insurance scheme |
| ACCORD | agreement between unionists and employers to wage and profit restraint |
| HECS | Higher Education Contribution Scheme |
| GST | Goods and Services Tax |
| BUDGET | annual financial statement |