The Golden Mile Walking Tour

By May 1893, 15 out of 28 of Australia's trading banks on more than half had either failed or suspended. Per capita real GDP fell by 22% by 1895 and did not regain its 1889 peak for a full two decades. It's easy to forget that countless social tragedies amidst the economic statistics. The silver lining is that today Melbourne is one of the most livable cities in the world.