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Australian Post War Politics

Australia as a Global Citizen; Power and People from 1945

AB
GREENSAustralian Green Party
INFLATIONexcessive increase of currency
BY-ELECTIONelection held in an electorate that has been vacated by the sitting member
NATIONALISATIONacquisition of privately run enterprises by the state
PRIVATISATIONsale of state owned enterprises to private industry
URANIUMradio-active element used in nuclear energy production
COALITIONLiberal-National Party
WELFARE STATEState with government controlled areas such as education, health, unemployment and social security
DEMOCRATSAustralian Democratic Labor Party
LIBERALSAustralian Liberal Party
LABORAustralian Labor Party
MEDIBANKAustralian government health insurance scheme
ACCORDagreement between unionists and employers to wage and profit restraint
HECSHigher Education Contribution Scheme
GSTGoods and Services Tax
BUDGETannual financial statement


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