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104.

3 Carney, S, Peter Costello: the New Liberal, Allen & Unwin, Sydney, 2001, p. xix.

4 ibid., p. 115.

5 ibid., p. 192.

6 Conversation between the Hon. Peter Costello and the author, January 2015.

7 Kelly, P, The March of Patriots: the Struggle for Modern Australia, Melbourne University Press, Carlton, 2009, p. 278.

8 ibid., p. 279.

9 ibid., p. 282.

10 Aubin, T, Peter Costello: a Biography, HarperCollins, Sydney 1999, p. 203.

11 ibid., p. 204.

12 Kelly, The March of Patriots, p. 281.

13 Hartcher, p. 113.

14 Costello, P, with P Coleman, The Costello Memoirs, Melbourne University Press, Carlton, 2009, p. 297.

15 Hartcher, p. 113.

16 Wood, A, ‘The Golden Years’, in N Cater (ed.), The Howard Factor: a Decade that Changed the Nation, Melbourne University Press, Carlton, 2006, p. 73.

17 Steketee, M, ‘The Carrot and the Stick’, in N Cater (ed.), The Howard Factor: a Decade that Changed the Nation, Melbourne University Press, Carlton, 2006, p. 77.

18 Mauro, P, R Romeu, A Binder and A Zaman, ‘A Modern History of Fiscal Prudence and Profligacy’, IMF Working Paper, January 2013.

19 Kelly, P, Triumph and Demise: the Broken Promise of a Labor Generation, Melbourne University Press, Carlton, 2014, p. 419.

20 Author interview with the Hon. John Howard, 26 September 2014.

21 Hartcher, p. 247.

22 ibid., p. 106.

23 Costello, with Coleman, p. 285.

24 Conversation between the Hon. Peter Costello and the author, January 2015.

25 Kelly, The March of Patriots, p. 461.

26 ibid., p. 461.

27 ibid., p. 477.

28 Costello, with Coleman, p. 180.

29 Conversation between the Hon. Peter Costello and the author, January 2015.

30 Costello, with Coleman, p. 181.

31 ibid., p. 126.

32 Howard, p. 305.

33 Costello, with Coleman, p. 132.

34 Howard, p. 307.

35 Costello, with Coleman, p. 137.

36 ibid., p. 138.

37 Howard, p. 314.

38 ibid., p. 316.

39 ibid.

40 Kelly, The March of Patriots, p. 531.

41 Cornish, S, The Evolution of Central Banking in Australia, Reserve Bank of Australia, Canberra, 2010, p. 72.

42 Debelle, G, and S Fischer, ‘How Independent Should a Central Bank Be?’, Working Papers in Applied Economic Theory, Federal Reserve Bank of San Francisco, 1994, p. 195.

43 Cornish, The Evolution of Central Banking in Australia, p. 72.

44 Hanratty, P, ‘The Wallis Report on the Australian Financial System: Summary and Critique’, Australian Parliamentary Library Research Paper, no. 16, 1996–97, p. 12.

45 Cornish, The Evolution of Central Banking in Australia, p. 88.

46 Conversation between the Hon. Peter Costello and the author, January 2015.

47 ibid.

48 ibid.

49 Hartcher, p. 111.

50 Costello, with Coleman, p. 3.

51 Wood, p. 70.

12 Wayne Maxwell Swan

1 Although Theodore was born in South Australia and held a New South Wales seat in the House of Representatives, his service as Premier of Queensland qualifies him as a Queenslander for the purpose of this point.

2 Latham, M, The Latham Diaries, Melbourne University Press, Carlton, 2005, p. 366.

3 Swan, W, Postcode: the Splintering of a Nation, Pluto Press, North Melbourne, 2005, p. xi.

4 Garnaut, R, The Great Crash of 2008, Melbourne University Press, Carlton, 2009, p. 5.

5 ibid.

6 ibid., p. 114.

7 Uren, D, and L Taylor, Shitstorm: Inside Labor’s Darkest Days, Melbourne University Publishing, Carlton, 2010, p. 69.

8 ibid., p. 83.

9 Access Economics, Business Outlook : Batten the Hatches, December 2008, p. viii.

10 Uren and Taylor, p. 141.

11 Gruen, D, ‘The Return of Fiscal Policy’, paper presented at Australian Business Economists Annual Forecasting Conference, Sydney, 8 December 2009, p. 5.

12 ibid, p. 19.

13 Barrett, C, ‘Australia and the Great Recession’, paper for the Woodrow Wilson International Centre for Scholars, April 2011, p. 6.

14 Kelly, Triumph and Demise, p. 170.

15 Uren and Taylor, p. 139.

16 Barrett, p. 11.

17 Henry, K, testimony before the Senate Economics Legislation Committee, 27 May 2010.

18 Building the Education Revolution Implementation Taskforce, Final Report, Canberra, 2011, p. 12.

19 Swan, W, The Good Fight: Six Years, Two Prime Ministers and Staring Down the Great Recession, Allen and Unwin, Sydney, 2014, back cover. Also see L Metherell, ‘Stimulus “Served Australia Well” Despite Waste’, ABC News, 6 August 2010, mobile.abc.net.au/news/2010-08-06/stimulus-servedaustralia-well-despite-waste/935002

20 ibid., p. 12.

21 Tanner, L, Politics with Purpose, Scribe, Brunswick, 2012, p. 343.

22 Kelly, Triumph and Demise, p. 143.

23 Swan, The Good Fight, p. 226.

24 Chalmers, J, Glory Daze: How a World-beating Nation Got So Down on Itself, Melbourne University Press, Carlton, 2013, p. 45.

25 Barrett, p. 35.

26 Chalmers, p. 44.

27 Swan, The Good Fight, p. 242.

28 Minerals Council of Australia, ‘Henry Tax Review’, submission to the Review of Australia’s Future Tax System, November 2008, p. 9.

29 Kelly, Triumph and Demise, p. 297.

30 Swan, The Good Fight, p. 338.

INDEX

A Time for Truth 278

A Treatise on Money 85–6, 103

Abbott Coalition government, stalls superannuation reform 425

Abbott, Tony 350, 426–7

Abercrombie Shire Council 116, 140–1

Abetz, Eric 350

Abrolhos Islands 87

Access Economics 408

After Words 341

AIG nationalisation 402

Albanese, Anthony 396

Aldgate Public School, Adelaide 87

Alexander, John 35–6

Allen, George 3, 18

Allied Works Council, Theodore heads 108

Amalgamated Workers’ Association of North Queensland 87

Anderson, John 51

Annand, James 158

Anstey, Frank 104, 117

Anthony, Doug 212, 277

Anthony, Hubert, opposes currency appreciation 171

Artis, MJ 173

Asian financial crisis 346–7, 364–8, 404

Askin, Robert 216

Asprey, Kenneth 241

Asprey review 369

assets test for age pension 310

Aubin, Tracey 358

Auburn Federal electorate, Chifley runs against Lang in 116

Australasian Federation League of Victoria 31

Australia see also economic crises; Federal–State relations

bails out Asian countries in crisis 368

Federation movement in 8

Page returns to gold standard 62–4

postwar global economic role 133

potential damage from GFC 412–13

reliance on borrowing for outward loans 402–3

trending debt ratio 429

Australia 2020 Summit 421

Australian Airlines Commission 184

Australian Airlines, privatisation of 331

Australian Bank Employees Union 308

Australian Bankers’ Association 180, 286, 308, 380

Australian Council of Trade Unions 327–8, 343

Australian Defence Force Academy 268

Australian Democrats, GST negotiations with 373–5

Australian Financial Institutions Commission 380

Australian Financial Review 174, 242, 262

Australian Graduate School of Management 337

Australian Institute of Sport 268

Australian Labor Party see also names of Labor administrations

Cairns joins 193–4

Costello attacks for deficit 356–7

Deakin government loses support of 22

Fisher wins government for 36

forms government in Victoria 33

Hayden made life member 246

Hayden offered leadership 244

Keating seeks leadership of 336–7

Keating urges to embrace growth 300

Keating’s reforms to 294

Lang Labor breaks away from 104, 107, 116

leadership changes in opposition 396

loses to UAP under Lyons 77

opposes admission of foreign banks 308

opposes establishment of RBA

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