Australian gold rushes offered rewards by the Colony of New South Wales and the Colony of Victoria. Before the end of the year, the gold rush had spread to many other parts of the state where gold had been found, not just to the west, but also to the south and north of Sydney. The Australian gold rushes changed the convict colonies into more progressive cities with the influx of free immigrants. These hopefuls, termed diggers, brought new skills and professions, contributing to a burgeoning economy. The mateship that evolved between these diggers and their collective resistance to authority led to the emergence
California Gold Rush stores in Sacramento, Coloma, and other spots in the goldfields. Just as the rush began he purchased all the prospecting supplies available in San Francisco and re-sold them at a substantial profit. Some gold-seekers made a significant amount of money. On average, half the gold-seekers made a modest profit, after taking all expenses into account; economic historians have suggested that white miners were more successful than black, Indian, or Chinese miners. However, taxes such as the California foreign miners tax passed in 1851, targeted mainly Latino miners and kept them from making as much money as whites, who did not