Back to top

economy

Budging it

Even Peter Costello who, one way or another, will not be Treasurer in 2005,...

- Rick Eyre, 1.10.04

Peter Costello is still in parliament, still in government, and still the treasurer, and tonight he handed down his 12th budget. He's been lucky that China has been such an avid buyer of Australian natural resources, a phenomenon that is better known under the expression "The Howard Government's strong economic management".

What the Oz thinks of the Howard Government's economic management

"...we [The Australian] have attacked the Howard Government for its lack of credibility on economic management. We have adopted a rationalist position, criticising the Government for giving too much money to special interest groups in the quest for electoral advantage at the expense of good policy. Against the reforms of the Hawke and Keating years, the Howard Government can be justly accused of being weak on economic reform... for a government that argues its strongest virtue is economic management, the real economic achievements of the past 11 years are slim pickings."

Subscribe to economy