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The future of Mr. Peter Costello.(budget and economic policy)

National Observer - Australia and World Affairs

| December 22, 2005 | Stone, John | COPYRIGHT 2005 Council for the National Interest. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

The past three months have seen two major political developments--the Prime Minister's so-called "Athens declaration" and associated political brouhaha, and the federal Budget for 2005-06. Common to both are the personality and performance of the Treasurer, Peter Costello.

In what follows I propose first to assess the quality of Mr. Costello's tenth Budget and comment upon his performance more generally in the Treasury portfolio. I shall then note some lessons from the "Athens declaration" incident regarding the behaviour of the Treasurer. Finally, I shall pose some suggestions for appropriately disposing of the now too-longrunning "Costello for P.M." saga.

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Source: HighBeam Research, The future of Mr. Peter Costello.(budget and economic policy)