Bankstown lefty
Sir: Paul Keating’s political legacy was pretty good, but I have to scoff at his ‘world’s greatest treasurer’ accolade.
At that time I was purchasing a factory, my bank loan [after 50 per cent deposit,] had been signed off at 7 per cent.
Towards the end of the world’s greatest treasurer’s reign, my interest rate on that loan had risen to 21 per cent.
Already a subscriber? Log in
Get 10 issues
for $10
Subscribe to The Spectator Australia today for the next 10 magazine issues, plus full online access, for just $10.
- Delivery of the weekly magazine
- Unlimited access to spectator.com.au and app
- Spectator podcasts and newsletters
- Full access to spectator.co.uk
Or
Comments
Don't miss out
Join the conversation with other Spectator Australia readers. Subscribe to leave a comment.
SUBSCRIBEAlready a subscriber? Log in