History of Australia since 1945 Fraser, Hawke re-established a new, universal system of health insurance called Medicare. Hawke and Keating abandoned traditional Labor support for tariffs to protect industry and jobs. They moved to deregulate Australia's financial system and ‘floated’ the Australian dollar. An agreement was reached with trade unions to moderate wage demands and accept more flexible working condition arrangements by accepting tax cuts in return. Ultimately, many of the reforms, continued by successive governments, appear to have been successful in pushing the economy along. The Australian Bicentenary was celebrated in 1988 along with the opening of a new Parliament House in Canberra. The
Bicentenary Celebration match Bicentenary Celebration match The Bicentenary Celebration match was a 50-over exhibition cricket match to mark the two hundredth anniversary of the Lord's Cricket Ground, London, between a side representing the MCC and a Rest of the World team, that took place on 5 July 2014. Lord's is considered to be the "home of cricket" by international cricket officials. The MCC team won the match by 7 wickets with Aaron Finch finishing with a score of 181*. Shane Warne won the toss and elected to bat. Adam Gilchrist and Virender Sehwag gave the ROW a quick start. MCC's bowler and Pakistan