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
