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
Cimabue's Celebrated Madonna painting, quite reminding one of a Paul Veronese, so bright and full of light. Albert was enchanted with it—so much so that he made me buy it." The English artist Dante Gabriel Rossetti wrote that the work proved Leighton's "great power of rich arrangement." His brother, the art critic and writer William Rossetti, was not as enchanted: "His picture has largeness, but not greatness; style, but not intensity; design rather than thought; arrangement rather than conception: it is individual, not specially original." Cimabue's Celebrated Madonna Cimabue's Celebrated Madonna, originally called Cimabue's [Celebrated] Madonna [is] Carried in Procession through the Streets