Keating was a reformer. Basically, Labor does, Libs coast.
Curtin/Chifley actions—postwar immigration and Snowy scheme to employ the migrants and returned soldiers. Menzies comes in and coasts for 17 years, successors run out of puff and Whitlam gets in and gets our capital cities etc sewered and leaves the budget in much better shape than Treas Howard did (or PM Howard come to that) and all Fraser Howard do is wind back MediBank and run up the trifecta of simultaneous double digit inflation, interest rates and unemployment and record Budget deficit.
Hawke-Keating come in and deregulate the economy, open it up and Howard/Costello coast on their reforms, except for flogging off govt enterprises at firesale prices, record realised foreign exchange losses, flog off our gold reserves at bargain basement prices. Only reform anyone can ever recall that they did was the GST—and that was a political thing, to give Howard an agenda. Huge tax cuts to the wealthy created a structural Budget deficit we are battling today. They did create Productivity Commission and APRA—but that just involved jamming in various smaller pre-existing agencies/regulators into the PC/APRA banner, not real reform.
Rudd/Gillard/Swan battle the GFC so successfully that most don’t realised we dodged a nasty bullet. Now they are realising that, realising they have huge credit card and mortgage etc debt from the borrow and spend boom under Howard and Costello (who just fuelled the boom with tax cuts, pork barreling etc.) Now they are worried the poor things and are keeping wallets firmly shut and screaming about cost of living—shut up idiots and get debts paid off, you are doing better than nearly all people in history and around the world.
Rudd/Gillard/Swan now getting the NBN rolled out, bringing our communications into the 21st century, the Carbon Tax (phew, on topic at last) continuing the process of real reforms.
An Abbott govt would continue coasting (if we are lucky) but with the total bunch of incompetent dickheads making up their front bench I reckon they will try unwinding the CT and make big tax cuts for the rich—watch the Budget deficit balloon then! No fucking idea the lot of them and I include Turnbull in that.
OK Turnbull seems to be indicating the NBN is part of the landscape now:
http://www.armidaleexpress.com.au/news/ ... 27663.aspx
But he is a Liberal and I don’t trust them one inch, I mean, just consider the childish idiots in the Play Pen!