Transfer (association football) to Derby County for £24,000 in March 1949. The record was broken seven further times between 1949 and 1961, when Luis Suárez was sold by Barcelona to Inter Milan for £152,000, becoming the first ever player sold for more than £100,000. In 1968, Pietro Anastasi became the first £500,000 player when Juventus purchased him from Varese, which was followed seven years later with Giuseppe Savoldi becoming the first million pound player when he transferred from Bologna to Napoli. In English football, the first £1 million fee occurred in 1979, when Nottingham Forest signed striker Trevor Francis from Birmingham City. Later
Australian pound new national currency was called the Australian pound, consisting of 20 shillings, each consisting of 12 pence. Monetary policy ensured that the Australian pound was fixed in value to the pound sterling. As such Australia was on the gold standard so long as Britain was. In 1914, the pound sterling was removed from the gold standard. When it was returned to the gold standard in 1925, the sudden increase in its value (imposed by the nominal gold price) unleashed crushing deflationary pressures. Both the initial 1914 inflation and the subsequent 1926 deflation had far-reaching economic effects throughout the British Empire,