The Swan treasurership

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Abstract

Wayne Swan as treasurer faced the global financial crisis. While his performance in guiding Australia through it was so strong that overseas he was acclaimed Finance Minister of the Year, domestically he received little credit. Instead his insistence on proclaiming a budget surplus as the measure of economic stewardship meant that, when he failed to achieve it, his reputation suffered. His backdown on the mining tax, which led to it raising little revenue also damaged his credibility. Fiercely critical of Kevin Rudd in public, when Rudd returned to the leadership he had little choice but to step down.
Original languageEnglish
Title of host publicationPublic Policy Network Conference: From Labor to the Coalition: Continuity and Change in Australian Public Policy
Place of PublicationAustralia
PublisherANZSOG Institute for Governance at the University of Canberra
Pages1-27
Number of pages27
Publication statusPublished - Oct 2015
Externally publishedYes
EventPublic Policy Network Conference -
Duration: 1 Jan 2011 → …

Conference

ConferencePublic Policy Network Conference
Period1/01/11 → …

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HAWKINS, J. (2015). The Swan treasurership. In Public Policy Network Conference: From Labor to the Coalition: Continuity and Change in Australian Public Policy (pp. 1-27). Australia : ANZSOG Institute for Governance at the University of Canberra.