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
Methodist Church in Sri Lanka to be now inaugurated for the purpose of witnessing to the good news of Jesus Christ and spreading of Scriptural Holiness throughout the land and to the ends of the earth.” He then inducted Rev. Fred S. De Silva as the first President of the Methodist Church of Ceylon. The Governor-general of Ceylon was present at the Service. The Methodist Church of Sri Lanka celebrated its bicentenary on 29 June 2014 with a National Thanksgiving Service at the Cathedral of Christ the Living Saviour. More than 10,000 Methodist members from all over Sri Lanka attended. Methodist Church in Sri Lanka