Just a little reminder for those with very short memories:
- Peter Costello became Federal Treasurer as the mining boom began, and in his period as Treasurer he chose to endure an increasingly painful relationship with John Howard:
Peter Costello had the luxury of:
(a) a tiny SE Asian Financial Crisis instead of a Global Financial Crisis;
(b) a fiscal balance left by the previous pragmatic and economically competent Labor Government;
(c) funding a Gun Buy back scheme with opposition support even though there was no election mandate.
By comparison, 'Our Wayne' inherited a pork barrelled taxation system and an asset stripped federal cupboard'.
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