An economic history.

From the establishment of Christian Australia in 2017, the economy was owned in full by the government and state run industries. This was to ensure the people were provided for equally. However, after a year of successful economic growth lead by the government, the decision was made to privatise most of the state run industries. This decision on 28 July 2018, began capitalism in this nation. This will continue if the economy continues to grow and if above the world average.

Dramatic spending and tax cuts in November 2018 sent the economy into free fall; with almost a quarter of the economy wiped off. This was largely caused by the cuts and privatisation to still heavily involved government enterprises and state owned companies which have driven the economy of late. Several of these assets were privatised "overnight". Many economists view this downturn simply as a "correction" of an economy still very much transitioning to a free market economy; these cuts showing that the removal government intervention can be negative, unlike the July reforms. The economic outlook is good and the economy is expected to be driven by the now larger private sector. However, for now Australia must rebuild.