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
Country Knolls, New York (North), Country Knolls South, Country Knolls West, and the earlier Clifton Knolls were built by the local Clifton Park housing development company owned by Robert Van Patten. The Country Knolls Civic Association has an excellent description of the development and growth of the original Country Knolls from its initial homes built on Hillcrest Drive, Meridian Lane, Ridge Lane, and Manor Court in 1964, to the expansion of Country Knolls into the Town of Malta, and the later addition of homes in 1988/89 on previously untouched land in the middle of Country Knolls in 1988 on the new road Huntington Parkway.