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Credit squeeze: With the fall in wool prices, drought, inflation and rising
prices, Treasurer Holt belatedly imposes a credit squeeze, raises loan
interest rates and heavily increases sales tax on motor vehicles.
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Sir MacFarlane Burnet shares the Nobel Prize for Medicine,
for work on acquired immunological tolerance. National Service
training ends. Social service
benefits are paid to Aborigines. Dawn Fraser
and Herb Elliott win gold medals at the Rome Olympic Games.
Australia designs the world's first plastic spectacle lenses. |
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South Africa: Police open fire on black African demonstrators
protesting against Pass Laws which require them to carry identity cards
at all times - 63 are killed and more than 360 injured in Sharpeville
and Langa townships. The massacre draws the world's attention to the brutalities
of apartheid. Development
of the laser. International
agreement to reserve Antarctica for scientific research. US property
in Cuba is seized and Cuba becomes aligned with Communist powers. John F Kennedy
is the youngest man ever elected as President of the USA. An earthquake
collapses the Moroccan city of Agadir, followed seconds later by a tidal
wave and then fires as the waters recede. More than 1,000 people are killed
and 40,000 left homeless. |
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