- Senior Fellow, Federation University Australia
Without warning, at 7pm on July 18 1973, Prime Minister Gough Whitlam slashed every single import tariff at once – starting at midnight. It’s the kind of bold political leadership we rarely see today.
The Reserve Bank was made subservient to the government for a reason. Chalmers out to think carefully about abandoning the right to overrule it.
The double standard goes back to 1929, when Labor had the misfortune to be elected 12 days before the Wall Street crash that set off the Great Depression.
In his time in office, Malcolm Fraser oversaw the acceptance of southeast Asian refugees and led economic and social welfare reforms.
For a number of reasons, now is not a good time to be Australia’s federal treasurer. The resources boom has lost its mojo, the economy is faltering and the dollar is falling along with the terms of trade…
A recent public poll showed that of Australia’s recent federal treasurers, Peter Costello and even John Howard were rated higher than Paul Keating. Joe Hockey was rated the worst. Today’s release of the…
Few would begrudge New Zealanders revelling in their rugby World Cup success. After two major disasters in the form of the Christchurch earthquake and the Greymouth coal mine explosion, some morale-raising…
Spare a thought for Peter Costello. His successor as Federal Treasurer, Wayne Swan, has just been named Finance Minister of the Year by Euromoney magazine. It is a bit like seeing the plodding nerd at…
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