Thursday, March 15, 2018

Sweet victory

With his government languishing far behind the opposition in opinion polls, it seems almost certain that Labor will win the next federal election, due to be held in 2019. Labor's controversial plan to remove tax rebates for share dividends will reduce the incomes of self-funded retirees. The unwinnable election that Andrew Bolt mentions here was in March 1993, just over 25 years ago, and not in 1991.

In 1991, the Labor Party was mostly preoccupied with the recession, and leadership tensions between Prime Minister Bob Hawke, and his rival, Paul Keating. Keating successfully challenged Hawke on his second attempt, becoming Labor leader, and Prime Minister, in December 1991.

Labor won the 1993 election by relentlessly hammering the Liberals over their proposed Goods and Services Tax. Could Malcolm Turnbull use the same tactics against Bill Shorten's tax plan, snatching victory from the jaws of defeat? Politics never ceases to fascinate.

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