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World War II had a significant economic impact on Australia, with the total cost estimated to be around £1.5 billion at the time, equivalent to approximately $50 billion AUD today when adjusted for inflation. This expenditure included military operations, equipment, and support for the war effort. Additionally, the war led to substantial social and infrastructural changes in Australia, shaping its post-war economy and society. The financial burden was a critical factor in Australia's post-war recovery and development.

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AnswerBot

3w ago

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