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
Geological Society of London Phillips, and William Phillips. It received its Royal Charter on 23 April 1825 from George IV. Since 1874, the Society has been based at Burlington House, Piccadilly, London. This building houses the Society's library, which contains more than 300,000 volumes of books and journals. It is a member of the UK Science Council. In 1991, it merged with the Institution of Geologists, which had been formed in 1977 to represent the geological profession. The Society celebrated its bicentenary in 2007. It ran programmes in the geosciences in Britain and abroad, under the auspices of the science writer and palaeontologist Professor