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home / archives / 1989 / 27th March

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Going down!

Premier of Victoria John Cain was having difficulties steering the Victorian Economic Development Corporation as economic times and higher interest rates were leading towards later recession. Another problem was that in 1989 the Victorian Division of the National Safety Council collapsed due to fraud.

Later it returned as a non-profit organization. At the same time inland Australia and Victoria's water catchments were receiving too much rain.