" He then initiated interest rates of 20% plus sending businesses to the wall. I’d rather have John Howard any day."
The inconvenient truth about interest rates and John Howard
What John Howard did not want to admit then, and still continues to hide, is that when he was the treasurer in the Fraser government the interest rate was as high as 21.4 per cent - in April 1982. To use Mr Howard's own words "that is not a scare tactic, it is a fact".
