 At the time, the Paraguayan government was keen to get Australian migration to boost the population of young men to rebuild the population and boost the local economy and the Government had offered the group a large area of good land.The colony was officially founded on 28 September 1893 as "Colonia Nueva Australia" and comprised 238 adults and children.Bilateral trade between Australia and Paraguay is small, reflecting on deals happening at times rather than continuous arrangements of supply.