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In page Local exchange trading system:

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The Government of Australia, in 1989, allocated AU$50,000 for the development of LETSystems, including the running of state conferences, the production of software, a LETSystems Training Pack, and assistance to Michael Linton to visit Western Australia.[citation needed] By 1995 there were 250 LETSystems in Australia, with Western Australia having 43 separate systems serving a population of 2.3 million (although actual participation is by only a tiny fraction of that population),[1] making it then the region with the highest LETS coverage in the world.