[Australian Reserve Bank] Governor MacFarlane said recently when Paul Volcker broke the back of American inflation it's regarded as the policy triumph of the Western world. When I broke the back of Australian inflation they say, 'Oh, you're the fellow that put the interest rates up.' Am I not the same fellow that gave them the 15 years of good growth and high wealth that came from it?

You just can't have a position where some pumped up bunyip potentate dismisses an elected government.

Between 1999 and 2004 there was no investment in Australia, it all went into housing and consumption all borrowed on the current account. When Peter Costello r…

No choice we can make as a nation lies between our history and our geography. We can hardly change either of them. They are immutable. The only choice we can m…

All my adult life I have seen British governments driven off their virtuous pursuit of low inflation by market problems or political pressures. I was under no …

If this Government cannot get the adjustment, get manufacturing going again, and keep moderate wage outcomes and a sensible economic policy, then Australia is …

But you don't have a chance if you can't find a job. I don't think it penetrates the minds of this Administration what it must be like for a factory worker to …