 In its Golden Age Australian talent produced exciting creations such as "Yarmak", "Captain Atom", "Tim Valour", "Crimson Comet", "The Panther", "The Raven", "The Lone Wolf", "The Phantom Ranger" and many others.September 1948 saw the debut of The Phantom by Frew Publications, the longest continuously published comic book.This was a decade of recession for the Australian comic market, with production costs rising the prices of local comics rose.