Follows Australia's economic history from the first days when the convict settlement was totally dependent on supplies brought by sea until James Ruse, John McArthur and others proved that civilisation and husbandry were possible and profitable. The escape of the cattle of the First Fleet was at first a disappointment which became proof of the possibilities when their progeny were discovered at the Cowpastures. Meanwhile, the rum trade was developing both cash flow and the seeds of rebellion. The discovery of gold and the development of mercantilism added to the drive that opened up the interior and the mining of coal and other minerals on which the basis of Australia's economy was laid. The pre-Federation relatuions between the States, the cylic booms and depression the influence of war and the inflow of foreign capital are also factored in to our modern development. Lavishly illustrated with photographs and contemporary art showing our history - both the big events and the everyday.