This is not a budget – it’s a fudget!
It will be remembered as the mother of all Swan dives by ‘Khemlani Kev’ (for those who can’t remember, Tirath Khemlani was a shady Pakistani money lender of last resort for the economically disgraced Whitlam government in 1975). (more…)
The secrets of the magic pudding have been discovered by Kevin Rudd. Every time he gives millions of dollars away his popularity rating soars. How can there be a Global Financial Crisis when Kev is sending out cheques faster than his pointy-heads in Treasury can write them? It doesn’t matter who you are or where you live, Australia or overseas, you can get a cheque from Kev. You don’t even have to be alive! (more…)
When Paul Keating went to the polls in 1996 Australian voters were waiting with baseball bats at polling booths around the country. After more than a decade of Labor rule they had established an number of records – record interest rates, record inflation, record unemployment and record debt. (more…)
When Bob Carr and Michael Egan tried to reform the electricity industry in 1997 they were soundly defeated by union heavyweights John Della Bosca and Michael Costa who were well supported by left-wing geriatrics in the NSW Parliament. ‘The Hogg/Egan proposition is a suicide note to the Australian Labor Party’ thundered Ian McDonald. (more…)
