Canberra also sent AuA50,000 -- the
Australian pound was the currency until1966 -- towards the cost of the peacekeeping force.
In comparison, the discussion of the devaluation of the
Australian pound in 1931 not only appears to leave out some of the important institutional details, but it also explains too little of the context relating to the gold standard and Australia's experience of it to provide an understanding of the significance of the event.
Back then, a return flight from Sydney to London cost [pounds sterling]525 (
Australian pounds) when the average wage was only [pounds sterling]7.
A MAN who lent a skint
Australian pounds 5 for a ferry trip in 1969 has finally been paid back.
Neville Martin owns the fourth car to leave the factory, a shining aluminium model that he admits to buying for 450
Australian pounds in 1962.
We worked from 6pm to 8pm and then go ashore and were paid two old
Australian pounds.
THE first race in 1861 saw a prize of 1,420
Australian pounds and the trophy a gold watch.
