Ya, those were under his stewardship as Treasurer.
We have to remember also that he took over John Howard as Treasurer in 1983. It should be noted John Howard had left Keating a budget deficit of around $10 billion in 1983 dollars (can someone pls explain to me how this could be so? The mythology is Liberals have perfect economic records).
As history showed, Keating returned the favour in spades in '1996 lol.
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