Thredbo came into existence as the Thredbo gold diggings in the 1860s and while the river bed wasn't lined with nuggets (as it was at Kiandra) the miners persisted until the 1930s. In the 1950s, as the Alpine Way was built, more and more skiers came to the area to ski the slopes of Crackenback. The village slowly developed so that now it is one of the most attractive locations in the mountains.
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