It is customary to assume that the Coalition are the party of economic reform, but history suggets otherwise.
The largest and most far-reaching economic reforms were delivered by the Hawke/Keating labor government.
The Hawke/Keating government delivered historic reforms.
Off the top of my head:
* deregulated the economy, ended tariffs and protectionism
* floated the currency
* deregulated the financial system
* Introduced Medicare
* Invented compulsory super (Keating and Kelty over a pint of beer as legend has it)
* Overhauled the tax system (including dividend imputation and the introduction of CGT)
* Overhauled the IR system
The Coalition government (being the useless #*&%#'s that they are) had sat on their arse for 8 years and had done nothing.
Hawke/Keating saved Australia just in the nick of time.
Some credit must go to John Howard (the only decent PM the liberals ever had) for his waterfront reforms.
- Forums
- Political Debate
- Australian largest tax increases in history:
Australian largest tax increases in history:, page-13
-
- There are more pages in this discussion • 58 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)