I agree with Keating's comments that Costello was the most indolent and unimaginative treasurer this country has seen. Keating made the bold initiatives such as floating the dollar, deregulating the financial markets and proposing to the Reserve a 2-3% inflation target. No such moves by Costello. He just happened to be fortunate enough to be around during the massive global boom. A drover's dog could have run surpluses in that climate. I do think he's being realistic though. If he assumed the leadership, he wouldn't have had it for long with the likes of Turnball looming in the wings.
Below is an article by Ross Gittens of the SMH, that does a good job of dispelling some of the economic myths that have been peddled by the coalition.
http://business.smh.com.au/rubbish-leaders-spread/20071123-1ch3.html?page=fullpage#contentSwap1
Below is an article by Ross Gittens of the SMH, that does a good job of dispelling some of the economic myths that have been peddled by the coalition.
http://business.smh.com.au/rubbish-leaders-spread/20071123-1ch3.html?page=fullpage#contentSwap1