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
1988 Summer Olympics national flag bearers Republic of the Congo" while the Democratic Republic of Congo entered under its former name, Zaire. The following is a list of each country's announced flag bearer. The list is sorted by the order in which each nation appears in the parade of nations. This table is sortable by country name (in Korean and its Roman transliteration), the flag bearer's name, and the flag bearer's sport. The names are given in their official designations by the IOC. 1988 Summer Olympics national flag bearers During the Parade of Nations portion of the 1988 Summer Olympics opening ceremony, athletes from each country