Sunday, November 24, 2024

1987

1987

Chief Executive: Michael Richardson

Editor: Ian Allan

Editorial: Barry Flanagan (a former finance journalist who joined in November)

The Black Monday Stock Market crash of October 19, 1987 put a major damper on what was otherwise a positive decade.  By the end of October, the Australian stock market has fallen 41.8 percent, with recovery taking several years – into the 1990’s.

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