World Book Online Gold rushes in Australia
Gold rushes in Australia were rapid movements of large numbers of people to places in Australia where gold had been discovered. The discoveries of gold in New South Wales and Victoria in 1851—and later in other parts of Australia—led to great social and economic changes. People from all over the world came to Australia. New towns developed around gold fields, and businesses prospered. The gold rushes laid the foundation for the long boom—a period of economic growth in Australia from 1860 to 1890.