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Flat White

Will Albo bring the Keating interest rates back?

10 May 2022

4:00 AM

10 May 2022

4:00 AM

In 1975, when Gough Whitlam came to power, Labor’s free tertiary education scheme meant that I could go to university. I was pretty happy with that because I came from one of the less reputable council slums in Brisbane. We voted Labor because we were poor and Labor meant a fair go, then…

Interest rates for home loans in 1975 under Whitlam were around 10 per cent.

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