The Depression in Australia

The price of wheat kept falling during the depression. The farmers were waiting for this higher price that the government had promised them while watching the market price fall. At one point they got so frustrated that they even stopped loading their grain in an attempt to force the government to pay up. And finally the Wheat Bounty Act was passed on November 25th of 1931, and that paid four and a half pence per bushel on all wheat marketed in 1931 and 1932.