Paul Keating
   HOME

TheInfoList



OR:

Paul John Keating (born 18 January 1944) is an Australian former politician and unionist who served as the 24th
prime minister of Australia The prime minister of Australia is the head of government of the Commonwealth of Australia. The prime minister heads the executive branch of the federal government of Australia and is also accountable to federal parliament under the princip ...
from 1991 to 1996, holding office as the leader of the
Australian Labor Party The Australian Labor Party (ALP), also simply known as Labor, is the major centre-left political party in Australia, one of two major parties in Australian politics, along with the centre-right Liberal Party of Australia. The party forms t ...
(ALP). He previously served as treasurer of Australia in the Hawke government from 1983 to 1991 and as
deputy prime minister of Australia The deputy prime minister of Australia is the deputy chief executive and the second highest ranking officer of the Australian Government. The office of deputy prime minister was officially created as a ministerial portfolio in 1968, althoug ...
from 1990 to 1991. Keating was born in
Sydney Sydney ( ) is the capital city of the state of New South Wales, and the most populous city in both Australia and Oceania. Located on Australia's east coast, the metropolis surrounds Sydney Harbour and extends about towards the Blue Mounta ...
and left school at the age of 14. He joined the Labor Party at the same age, serving a term as State President of
Young Labor Australian Young Labor, also known as the Young Labor Movement or simply Young Labor, is the youth wing of the Australian Labor Party (ALP) representing all ALP members aged between 15 to 26. The organisation operates as a federation with independen ...
and working as a research assistant for a trade union. He was elected to the
Australian House of Representatives The House of Representatives is the lower house of the bicameral Parliament of Australia, the upper house being the Senate. Its composition and powers are established in Chapter I of the Constitution of Australia. The term of members of ...
at the age of 25, winning the division of Blaxland at the 1969 election. Keating briefly served as Minister for Northern Australia from October to November 1975, in the final weeks of the Whitlam government. After the Dismissal removed Labor from power, he held senior portfolios in the Shadow Cabinets of
Gough Whitlam Edward Gough Whitlam (11 July 191621 October 2014) was the 21st prime minister of Australia, serving from 1972 to 1975. The longest-serving federal leader of the Australian Labor Party (ALP) from 1967 to 1977, he was notable for being the h ...
and Bill Hayden. During this time he came to be seen as the leader of the Labor Right faction, and developed a reputation as a talented and fierce parliamentary performer. After Labor's landslide victory at the 1983 election, Keating was appointed treasurer by prime minister
Bob Hawke Robert James Lee Hawke (9 December 1929 – 16 May 2019) was an Australian politician and union organiser who served as the 23rd prime minister of Australia from 1983 to 1991, holding office as the leader of the Australian Labor Party (A ...
. The pair developed a powerful political partnership, overseeing significant reforms intended to
liberalise Liberalization or liberalisation (British English) is a broad term that refers to the practice of making laws, systems, or opinions less severe, usually in the sense of eliminating certain government regulations or restrictions. The term is used m ...
and strengthen the Australian economy. These included the Prices and Incomes Accord, the float of the Australian dollar, the elimination of
tariff A tariff is a tax imposed by the government of a country or by a supranational union on imports or exports of goods. Besides being a source of revenue for the government, import duties can also be a form of regulation of foreign trade and p ...
s, the deregulation of the financial sector, achieving the first federal
budget surplus A balanced budget (particularly that of a government) is a budget in which revenues are equal to expenditures. Thus, neither a budget deficit nor a budget surplus exists (the accounts "balance"). More generally, it is a budget that has no budget ...
in Australian history, and reform of the
taxation system A tax is a compulsory financial charge or some other type of levy imposed on a taxpayer (an individual or legal entity) by a governmental organization in order to fund government spending and various public expenditures (regional, local, or n ...
, including the introduction of
capital gains tax A capital gains tax (CGT) is the tax on profits realized on the sale of a non-inventory asset. The most common capital gains are realized from the sale of stocks, bonds, precious metals, real estate, and property. Not all countries impose a c ...
, fringe benefits tax, and
dividend imputation Dividend imputation is a corporate tax system in which some or all of the tax paid by a company may be attributed, or imputed, to the shareholders by way of a tax credit to reduce the income tax payable on a distribution. In comparison to the ...
. He also became recognised for his sardonic rhetoric, as a controversial but deeply skilled orator. Keating became deputy prime minister in 1990, but in June 1991 he resigned from the Government to unsuccessfully challenge Hawke for the leadership, believing he had reneged on the
Kirribilli Agreement A Kirribilli agreement (or Kirribilli deal), in Australian politics, is an agreement, typically confidential, between a leader and their deputy for the handing over of power on the satisfaction of an agreed precondition. HawkeKeating The term wa ...
. He mounted a second successful challenge six months later, and became prime minister. Keating was appointed prime minister in the aftermath of the early 1990s economic downturn, which he had famously described as "the recession we had to have". This, combined with poor opinion polling, led many to predict Labor was certain to lose the 1993 election, but Keating fought a strong campaign and managed to increase the Government's majority. The Keating government enacted the landmark Native Title Act to enshrine Indigenous land rights, introduced compulsory superannuation and enterprise bargaining, created a national infrastructure development program, privatised
Qantas Qantas Airways Limited ( ) is the flag carrier of Australia and the country's largest airline by fleet size, international flights, and international destinations. It is the world's third-oldest airline still in operation, having been founde ...
,
Commonwealth Serum Laboratories CSL Limited is an Australian multinational specialty biotechnology company that researches, develops, manufactures, and markets products to treat and prevent serious human medical conditions. CSL's product areas include blood plasma derivative ...
and the
Commonwealth Bank The Commonwealth Bank of Australia (CBA), or CommBank, is an Australian multinational bank with businesses across New Zealand, Asia, the United States and the United Kingdom. It provides a variety of financial services including retail, busine ...
, established the
APEC The Asia-Pacific Economic Cooperation (APEC ) is an inter-governmental forum for 21 member economies in the Pacific Rim that promotes free trade throughout the Asia-Pacific region.
leaders' meeting, and promoted
republicanism Republicanism is a political ideology centered on citizenship in a state organized as a republic. Historically, it emphasises the idea of self-rule and ranges from the rule of a representative minority or oligarchy to popular sovereignty. ...
by establishing the Republic Advisory Committee. At the 1996 election, after 13 years in office, Labor suffered a landslide defeat to the Liberal–National Coalition led by
John Howard John Winston Howard (born 26 July 1939) is an Australian former politician who served as the 25th prime minister of Australia from 1996 to 2007, holding office as leader of the Liberal Party. His eleven-year tenure as prime minister is the ...
. Keating retired from Parliament shortly after the election, but has since remained active as a political commentator, whilst maintaining a broad series of business interests, including serving on the international board of the
China Development Bank The China Development Bank (CDB) () is a development bank in the People's Republic of China (PRC), led by a cabinet minister at the Governor level, under the direct jurisdiction of the State Council. As one of three policy banks in China, it ...
. Keating held the lowest satisfaction rating of any sitting Prime Minister since Newspoll began polling satisfaction in 1985. Since leaving office, Keating received broad praise from historians and commentators for his role in modernising the Australian economy as treasurer, although ratings of his premiership have been mixed.Walker, Tony; Koutsoukis, Jason; "The good, the bad and the couldabeens", ''
Australian Financial Review ''The Australian Financial Review'' (abbreviated to the ''AFR'') is an Australian business-focused, compact daily newspaper covering the current business and economic affairs of Australia and the world. The newspaper is based in Sydney, New Sou ...
'', 3 January 2001.
Keating has been recognised across the political spectrum for his charisma, skills in debating, and his willingness to boldly confront social norms, including his famous
Redfern Park Speech The Redfern Park Speech, also known as the Redfern speech or Redfern address, was made on 10 December 1992 by the then Australian Prime Minister, Paul Keating, at Redfern Park, which is in Redfern, New South Wales, an inner city suburb of Sydney. ...
on the impact of colonisation in Australia and
Aboriginal reconciliation Reconciliation in Australia is a process which officially began in 1991, focused on the improvement of race relations between the Aboriginal and Torres Strait Islander peoples of Australia and the rest of the population. The Council for Aboriginal ...
.


Early life and education

Keating was born at St Margaret's Hospital in Darlinghurst,
Sydney Sydney ( ) is the capital city of the state of New South Wales, and the most populous city in both Australia and Oceania. Located on Australia's east coast, the metropolis surrounds Sydney Harbour and extends about towards the Blue Mounta ...
, on 18 January 1944. He was the first of four children born to Minnie (née Chapman) and Matthew John Keating. His father worked as a boilermaker for the New South Wales Government Railways. All of Keating's grandparents were born in Australia. On his father's side, he was descended from Irish immigrants born in counties
Galway Galway ( ; ga, Gaillimh, ) is a City status in Ireland, city in the West Region, Ireland, West of Ireland, in the Provinces of Ireland, province of Connacht, which is the county town of County Galway. It lies on the River Corrib between Lo ...
,
Roscommon Roscommon (; ) is the county town and the largest town in County Roscommon in Ireland. It is roughly in the centre of Ireland, near the meeting of the N60, N61 and N63 roads. The name Roscommon is derived from Coman mac Faelchon who buil ...
, and Tipperary. On his mother's side, he was of mixed English and Irish descent. His maternal grandfather, Fred Chapman, was the son of two
convicts A convict is "a person found guilty of a crime and sentenced by a court" or "a person serving a sentence in prison". Convicts are often also known as "prisoners" or "inmates" or by the slang term "con", while a common label for former conv ...
, John Chapman and Sarah Gallagher, both of whom had been transported for theft in the 1830s. Keating grew up in Bankstown, a working-class suburb in western Sydney, with the family home from 1942 to 1966 being a modest
fibro Asbestos cement, genericized as fibro, fibrolite (short for "fibrous (or fibre) cement sheet") or AC sheet, is a building material in which asbestos fibres are used to reinforce thin rigid cement sheets. Although invented at the end of the 19t ...
and brick bungalow at 3 Marshall Street, Bankstown (demolished for flat development in 2014). His siblings include Anne Keating, a company director and businesswoman. Leaving De La Salle College—now known as LaSalle Catholic College—at the age of 14, Keating left high school rather than pursuing higher education, instead working as a pay clerk at the
Sydney County Council The Sydney County Council (SCC) was formed in 1935 to produce electricity and operate the electricity network in a number of municipalities in metropolitan Sydney. Unlike other New South Wales county councils, which were voluntary associations of ...
's electricity distributor. Keating also attended Belmore Technical High School to further his education. He then worked as research assistant for a trade union, having joined the Labor Party as soon as he was eligible. In 1966, he became president of New South Wales Young Labor. During the 1960s, Keating also managed a rock band named The Ramrods.


Early political career

Through his contacts in the unions and Young Labor, then known as Youth Council, Keating met future senior Labor figures such as
Laurie Brereton Laurence John "Laurie" Brereton (born 29 May 1946) is a former Australian politician who was a state minister, a federal member of cabinet, and kingmaker in the election of several Australian Labor Party leaders, including Paul Keating and Mark ...
, Graham Richardson and
Bob Carr Robert John Carr (born 28 September 1947) is an Australian retired politician and journalist who served as the 39th Premier of New South Wales from 1995 to 2005, as the leader of the NSW Branch of the Australian Labor Party (ALP). He later en ...
. He also developed a friendship with former
New South Wales Premier The premier of New South Wales is the head of government in the state of New South Wales, Australia. The Government of New South Wales follows the Westminster Parliamentary System, with a Parliament of New South Wales acting as the legislature ...
Jack Lang, who Keating took on as a political mentor. In 1971, he succeeded in having Lang re-admitted to the Labor Party. Keating successfully gained the Labor nomination for the seat of Blaxland in the western suburbs of Sydney, and was elected to the House of Representatives in
1969 This year is notable for Apollo 11's first landing on the moon. Events January * January 4 – The Government of Spain hands over Ifni to Morocco. * January 5 **Ariana Afghan Airlines Flight 701 crashes into a house on its approach to ...
when he was just 25 years old. Keating was initially more socially conservative; in his
maiden speech A maiden speech is the first speech given by a newly elected or appointed member of a legislature or parliament. Traditions surrounding maiden speeches vary from country to country. In many Westminster system governments, there is a convention th ...
he declared that the Liberal Government had "boasted about the increasing number of women in the workforce. Rather than something to be proud of, I feel it is something of which we should be ashamed". He later voted against former prime minister
John Gorton Sir John Grey Gorton (9 September 1911 – 19 May 2002) was an Australian politician who served as the nineteenth Prime Minister of Australia, in office from 1968 to 1971. He led the Liberal Party during that time, having previously been a l ...
's motion to decriminalise
homosexuality Homosexuality is Romance (love), romantic attraction, sexual attraction, or Human sexual activity, sexual behavior between members of the same sex or gender. As a sexual orientation, homosexuality is "an enduring pattern of emotional, romant ...
in 1973. According to Tom Uren he was originally a "very narrow-minded young man", who later "matured" and became far less socially conservative. After Labor's victory at the 1972 election, Keating narrowly failed to be elected to serve in the
Cabinet Cabinet or The Cabinet may refer to: Furniture * Cabinetry, a box-shaped piece of furniture with doors and/or drawers * Display cabinet, a piece of furniture with one or more transparent glass sheets or transparent polycarbonate sheets * Filin ...
, instead being a backbencher for most of the Whitlam Government. He was eventually appointed Minister for Northern Australia in October 1975, but served in the role only until the Government was controversially dismissed by Governor-General John Kerr the following month. In a 2013 interview with Kerry O'Brien, Keating called the dismissal a "coup" and raised the idea to "arrest err and "lock him up", adding that he would not have "
aken Aken may refer to: * Aken (god), in Ancient Egyptian religion * Aken (Elbe), a town in Saxony-Anhalt, Germany *Aachen Aachen ( ; ; Aachen dialect: ''Oche'' ; French and traditional English: Aix-la-Chapelle; or ''Aquisgranum''; nl, Aken ; P ...
it lying down" if he was prime minister. After Labor's defeat in the 1975 election, Keating was quickly added to the Shadow Cabinet, serving as Shadow Minister for Minerals, Resources and Energy until January 1983. During this time he achieved a reputation as a flamboyant and fierce parliamentary performer, adopting the style of an aggressive debater. In 1981, he was elected president of the New South Wales Labor Party, thus becoming the leader of the influential Labor Right faction. At this time, he initially supported the former
Treasurer A treasurer is the person responsible for running the treasury of an organization. The significant core functions of a corporate treasurer include cash and liquidity management, risk management, and corporate finance. Government The treasury ...
Bill Hayden for Labor Leader over the former ACTU President
Bob Hawke Robert James Lee Hawke (9 December 1929 – 16 May 2019) was an Australian politician and union organiser who served as the 23rd prime minister of Australia from 1983 to 1991, holding office as the leader of the Australian Labor Party (A ...
as leadership tensions between the two men began to mount; he later explained that part of his reasoning was that he privately hoped to succeed Hayden himself in the near future. However, by 1982, the members of his faction had swung behind Hawke, and Keating endorsed his challenge. The formal announcement of Keating's support for Hawke was written by a fellow Labor politician, Gareth Evans.Edwards, John, ''Keating: The Inside Story, Viking'', 1996, p. 159 Although Hayden survived the challenge, pressure continued to mount on him. In an attempt to shore up his position, Hayden promoted Keating to the role of Shadow Treasurer in January 1983. However this did not prove sufficient and Hayden resigned a month later, after a poor by-election result in the federal electorate of Flinders in Victoria. Hawke was elected unopposed to replace him and Hawke subsequently led Labor to a landslide victory in the 1983 election just six weeks later.


Treasurer of Australia


Early days

Following Labor's victory in the 1983 election, Keating was appointed Treasurer of Australia by Prime Minister
Bob Hawke Robert James Lee Hawke (9 December 1929 – 16 May 2019) was an Australian politician and union organiser who served as the 23rd prime minister of Australia from 1983 to 1991, holding office as the leader of the Australian Labor Party (A ...
; he succeeded
John Howard John Winston Howard (born 26 July 1939) is an Australian former politician who served as the 25th prime minister of Australia from 1996 to 2007, holding office as leader of the Liberal Party. His eleven-year tenure as prime minister is the ...
in the position. He and Hawke were able to use the size of the budget deficit that the Hawke government had inherited from the Fraser government to question the economic credibility of the
Liberal-National Coalition The Liberal–National Coalition, commonly known simply as "the Coalition" or informally as the LNP, is an alliance of centre-right political parties that forms one of the two major groupings in Australian federal politics. The two partners in ...
over the coming years. According to Hawke, the historically large $9.6 billion budget deficit left by the Coalition "became a stick with which we were justifiably able to beat the Opposition". Although Howard was widely regarded at this time as being "discredited" by the hidden deficit, he had in fact argued unsuccessfully against Fraser that the revised figures should be disclosed before the election. In the ensuing years, Hawke and Keating developed an extremely powerful partnership, which proved to be essential to Labor's success in government; multiple Labor figures in years since have cited the partnership between the two as the party's greatest ever. The two men proved a study in contrasts: Hawke was a Rhodes Scholar; Keating left high school early. Hawke's enthusiasms were cigars, betting and most forms of sport; Keating preferred
classical architecture Classical architecture usually denotes architecture which is more or less consciously derived from the principles of Greek and Roman architecture of classical antiquity, or sometimes even more specifically, from the works of the Roman architect ...
, Mahler symphonies and collecting British Regency and French Empire antiques. Despite not knowing one another before Hawke assumed the leadership in 1983, the two formed a personal as well as political relationship which enabled the Government to pursue a significant number of reforms, although there were occasional points of tension between the two. Keating, along with Hawke, oversaw a "National Economic Summit" in their first month in office, with Keating leading several sessions outlining the Government's economic agenda. The Summit, which brought together a significant number of senior business and industrial figures alongside trade union leaders and politicians, led to a unanimous adoption of a national economic strategy, generating sufficient political capital for the Government to begin a wide-ranging programme of economic reform previously resisted by much of the Labor Party.


Macroeconomic reforms

Keating used the authority and relative autonomy provided to him by Hawke to become one of the major driving forces behind the various extensive
macroeconomic Macroeconomics (from the Greek prefix ''makro-'' meaning "large" + ''economics'') is a branch of economics dealing with performance, structure, behavior, and decision-making of an economy as a whole. For example, using interest rates, taxes, an ...
reforms of the Government. In December 1983, Hawke and Keating approved the floating of the Australian dollar, disregarding advice from the Treasury Secretary John Stone to retain the fixed currency framework. The success of the move, which was lauded by economic and media commentators, gave confidence to Keating to pursue even more reforms. Over the Hawke Government's first and second terms, Keating oversaw the gradual elimination of
tariff A tariff is a tax imposed by the government of a country or by a supranational union on imports or exports of goods. Besides being a source of revenue for the government, import duties can also be a form of regulation of foreign trade and p ...
s on imports, the privatisation of several state-owned companies such as
Qantas Qantas Airways Limited ( ) is the flag carrier of Australia and the country's largest airline by fleet size, international flights, and international destinations. It is the world's third-oldest airline still in operation, having been founde ...
,
CSL Limited CSL Limited is an Australian multinational specialty biotechnology company that researches, develops, manufactures, and markets products to treat and prevent serious human medical conditions. CSL's product areas include blood plasma derivative ...
, and the
Commonwealth Bank The Commonwealth Bank of Australia (CBA), or CommBank, is an Australian multinational bank with businesses across New Zealand, Asia, the United States and the United Kingdom. It provides a variety of financial services including retail, busine ...
, the deregulation of significant sections of the banking system (including allowing for numerous foreign-owned banks to begin operating in Australia for the first time) and the granting of autonomy on decision-making to the Reserve Bank of Australia. Keating was also instrumental in establishing the Hawke Government's signature industrial relations and wages policy, the Prices and Incomes Accord. This was an agreement directly between the
Australian Council of Trade Unions The Australian Council of Trade Unions (ACTU), originally the Australasian Council of Trade Unions, is the largest peak body representing workers in Australia. It is a national trade union centre of 46 affiliated unions and eight trades and l ...
(ACTU) and the Government to guarantee a reduction in demands for wage increases, in exchange for the Government providing a significant increase in social programmes, including the introduction of Medicare and the Family Assistance Scheme; in so doing, the Government was able to reduce inflation and unemployment over the decade. Keating's management of the Accord, and the close working relationship he developed with ACTU Secretary
Bill Kelty William John Kelty, AC (born 5 February 1948) is an Australian trade unionist and a well-known figure in the Australian labour movement, who served as Secretary of the Australian Council of Trade Unions (ACTU) from 1983 to 2000. Born in Brunsw ...
, became a source of significant political power for Keating, who negotiated multiple versions of the Accord with Kelty throughout the Hawke Government. Through the power given to him, Keating was often able to bypass the Cabinet altogether, notably in exercising monetary policy, and he was regularly referred to as "the most powerful Treasurer in modern times". In the wake of the raft of macroeconomic reforms introduced by Keating throughout the first term of the Hawke Government in particular, in 1984 he was awarded the Euromoney Finance Minister of the Year, an award which became colloquially known in Australia as the "World's Greatest Treasurer", becoming the first Australian Treasurer to be presented with the award.


Microeconomic reforms

Throughout the second and third terms of the Hawke Government, Keating led a significant overhaul of the long-stagnant Australian taxation system. In 1985, he became a passionate advocate within the Cabinet for the introduction of a broad-based consumption tax, similar in nature to the goods and services tax that was later introduced by the Howard government, as a means of addressing Australia's chronic balance of payments issue. In the build-up to the 1984 election, Hawke promised a policy paper on taxation reform to be discussed with all stakeholders at a "National Taxation Summit". Three options – A, B and C – were presented in the paper, with Keating and his Treasury colleagues fiercely advocating for C, which included a consumption tax of 15% on goods and services along with reductions in personal and company income tax, a fringe benefits tax and a capital gains tax. Although Keating was able to win the support of a reluctant Cabinet, Hawke believed that the opposition from the public, the ACTU, and the business community would be too great. He therefore decided to abandon any plans for a consumption tax, although the remainder of the reforms were adopted in the tax reform package. The loss of the consumption tax was seen a defeat for Keating; he later joked about it at a press conference, saying, "It's a bit like ''Ben Hur''. We've crossed the line with one wheel off, but we have crossed the line." Whilst the remainder of the package represented the biggest overhaul of the Australian taxation system for decades, Keating continued to agitate for further changes to address the balance of payments problems faced by Australia. On 14 May 1986, frustrated at the slow pace of dealing with the issue, Keating caused considerable public comment and a degree of controversy when he declared on a radio programme that if Australia did not address the problem, it risked degenerating to the status of a " banana republic". Although the remark was quickly disowned by Hawke in public, the Government increased efforts to deal with the growing balance of payments crisis. With no consumption tax to generate a significant increase in incomings, Keating and his ministerial colleagues led a process to significantly reduce Government outlays instead, resulting in some criticism from the grassroots of the Labor Party, who opposed cuts to spending. Despite the criticism, the Government was able to produce a national
budget surplus A balanced budget (particularly that of a government) is a budget in which revenues are equal to expenditures. Thus, neither a budget deficit nor a budget surplus exists (the accounts "balance"). More generally, it is a budget that has no budget ...
for the years 1988, 1989 and 1990, with the surplus of 1988 proving to be the largest budget surplus in Australian history. During the campaign for the 1987 election, Keating was credited as dealing a "fatal" blow to the Liberal-National Coalition's hopes for victory, after giving a press conference in which he exposed a significant accounting error in the costings the Liberal Party had released to demonstrate how its economic policies would be paid for. Then-Opposition Leader John Howard accepted the error, and subsequent opinion polling reported that the mistake greatly contributed to Labor's vote in what proved to be a landslide victory. Keating's later tenure as treasurer was heavily criticised by some for consistently high interest rates, which Keating argued was necessary to reduce economic growth gradually so that demand for imports did not grow out of control. Throughout the 1980s, both the global and Australian economies grew quickly, and by the late 1980s, inflation had grown to around 9%. By 1988, the Reserve Bank of Australia began tightening monetary policy, and household interest rates peaked at 18%. It is often said that the bank was too slow in easing monetary policy, and that this ultimately led to a recession. In private, Keating had argued for rates to rise earlier than they did, and fall sooner, although his view was at odds with the Reserve Bank and his Treasury colleagues. Publicly, Hawke and Keating had said there would be no recession – or that there would be a "soft landing" – but this changed when Keating announced the country was indeed in recession in 1990, several months after the Hawke Government had won an unprecedented fourth consecutive term in office. Announcing the recession, Keating memorably stated that the recession was a "recession Australia had to have". The remark was referred to by political journalist Paul Kelly as "perhaps the most stupid remark of Keating's career, and it nearly cost him the Prime Ministership." Kelly did also concede that, "...however, it is largely true that the boom begat the recession." The economic reform package throughout the 1980s has been claimed by numerous economic commentators and journalists to have been the basis for an unprecedentedly long period of economic growth, with Australia's
gross domestic product Gross domestic product (GDP) is a monetary measure of the market value of all the final goods and services produced and sold (not resold) in a specific time period by countries. Due to its complex and subjective nature this measure is of ...
increasing unbroken every year for 30 years, and the end of chronic inflation and balance of payments difficulties, along with the increasingly globalised domestic economy, enabling long periods of stability and growth.


Leadership challenges

At the end of 1988, Keating, who had long believed that he would succeed Hawke as prime minister, began to put pressure on Hawke to retire in the new year. Hawke rejected this advice, but reached a secret agreement with Keating that he would remain as leader through to the 1990 election, and that he would resign in Keating's favour shortly after the election, which he convinced Keating he could win. Hawke subsequently won that election, albeit narrowly, and appointed Keating his
deputy prime minister A deputy prime minister or vice prime minister is, in some countries, a government minister who can take the position of acting prime minister when the prime minister is temporarily absent. The position is often likened to that of a vice president, ...
to replace the retiring Lionel Bowen. However, by the end of 1990, frustrated at the lack of any indication from Hawke as to when he might retire, Keating delivered a provocative speech questioning the direction of the government. As a result, Hawke told Keating he would renege on the deal on the basis that Keating had been publicly disloyal. Although tensions between the two remained private for some time, Keating eventually resigned from the
Cabinet Cabinet or The Cabinet may refer to: Furniture * Cabinetry, a box-shaped piece of furniture with doors and/or drawers * Display cabinet, a piece of furniture with one or more transparent glass sheets or transparent polycarbonate sheets * Filin ...
in June 1991 and challenged for the leadership. Hawke won the ballot by 66 votes to 44, and in a press statement afterwards Keating declared that he had fired his "one shot" as regards the leadership. Publicly, at least, this seemed to spell the end of his leadership ambitions. Having failed to defeat Hawke, Keating realised that events would have to move very much in his favour for a second challenge to be even possible, and he strongly considered retiring from politics altogether. However, Hawke's leadership was regarded by many as being "wounded" as a result of losing his long-term political partner and the growing confidence of the Liberal-National Coalition under the new leadership of John Hewson. After Hawke was forced to sack
John Kerin John Charles Kerin (born 21 November 1937) is an Australian economist and former Labor Party politician who served in the House of Representatives from 1972 to 1975 and again from 1978 to 1993. He held a number of senior ministerial roles in ...
, the man appointed to replace Keating as treasurer, for a public gaffe in attempting to combat the Coalition's new ' Fightback!' policy, Keating took the opportunity to challenge a second time in December 1991, this time emerging victorious by 56 votes to 51. Keating paid tribute to Hawke's nine years as prime minister, and stated that he would provide a robust challenge to Hewson.


Prime Minister of Australia (1991–1996)

On 20 December 1991, Keating was sworn in as prime minister by the
Governor-General Governor-general (plural ''governors-general''), or governor general (plural ''governors general''), is the title of an office-holder. In the context of governors-general and former British colonies, governors-general are appointed as viceroy t ...
Bill Hayden. On becoming prime minister, Keating thought of becoming treasurer again, noting that state premiers had often served as their own treasurers, but decided against it. John Dawkins was appointed treasurer instead. Keating entered office with an extensive legislative agenda, including pursuing reconciliation with Australia's Indigenous population, deepening Australia's economic and cultural ties with Asia, and making Australia a republic. The addressing of these issues came to be known as Keating's "big picture".


Indigenous land rights and domestic policy

Shortly after Keating became prime minister, the
High Court of Australia The High Court of Australia is Australia's apex court. It exercises original and appellate jurisdiction on matters specified within Australia's Constitution. The High Court was established following passage of the '' Judiciary Act 1903''. ...
handed down a judgment in a long-running case on Indigenous land rights; the judgement would come to be known as ''Mabo'', and declared that a right to
native title Aboriginal title is a common law doctrine that the land rights of indigenous peoples to customary tenure persist after the assumption of sovereignty under settler colonialism. The requirements of proof for the recognition of aboriginal title, ...
did exist in Australia, overturning terra nullius, but not clarifying exactly who had the right to access the title.. Keating led the Government's response to the ruling, beginning a high-profile public campaign on raising awareness of the issue, and advocating repeatedly in favour of the judgment and for an expansion of Aboriginal and Torres Strait Islander land rights. On 10 December 1992, Keating delivered a major address which came to be known as the
Redfern Park Speech The Redfern Park Speech, also known as the Redfern speech or Redfern address, was made on 10 December 1992 by the then Australian Prime Minister, Paul Keating, at Redfern Park, which is in Redfern, New South Wales, an inner city suburb of Sydney. ...
on
Aboriginal reconciliation Reconciliation in Australia is a process which officially began in 1991, focused on the improvement of race relations between the Aboriginal and Torres Strait Islander peoples of Australia and the rest of the population. The Council for Aboriginal ...
, a speech which has since regularly been cited as among the greatest in Australian political history, in which he explicitly noted the responsibility of settler Australians for destroying much of Indigenous society. This work culminated in the passage of the Native Title Act in 1993, which "provide(d) a national system for the recognition and protection of
native title Aboriginal title is a common law doctrine that the land rights of indigenous peoples to customary tenure persist after the assumption of sovereignty under settler colonialism. The requirements of proof for the recognition of aboriginal title, ...
and for its co-existence with the national land management system". As well as creating the legal field of native title, the Act established an
Aboriginal and Torres Strait Islander Social Justice Commissioner Aborigine, aborigine or aboriginal may refer to: *Aborigines (mythology), in Roman mythology * Indigenous peoples, general term for ethnic groups who are the earliest known inhabitants of an area *One of several groups of indigenous peoples, see ...
, who was required to prepare an annual report to the
Attorney-General In most common law jurisdictions, the attorney general or attorney-general (sometimes abbreviated AG or Atty.-Gen) is the main legal advisor to the government. The plural is attorneys general. In some jurisdictions, attorneys general also have exec ...
on the operation of the Native Title Act and its effect on the exercise and enjoyment of human rights of Aboriginal and Torres Strait Islander peoples, and to report, when requested by the attorney-general, on any other matter relating to the rights of Indigenous people under the Act. Text was copied from this source, which is available under
Attribution 4.0 International (CC BY 4.0)
licence. (Statemen
here
)
Elsewhere in domestic policy, Keating established and promoted the first Commonwealth cultural policy, known as 'Creative Nation'. The policy allocated AU$250 million over four years to promote the cultural and creative arts sectors in Australia. Keating had frequently espoused the benefits of the arts in public, and used the policy as an opportunity to develop the Australian cultural sector. During the Keating government, mandatory detention for asylum seekers was also introduced for the first time.Detention timeline
Special Broadcasting Service The Special Broadcasting Service (SBS) is an Australian hybrid-funded public service broadcaster. About 80 percent of funding for the company is derived from the Australian Government. SBS operates six TV channels ( SBS, SBS Viceland, SBS Wor ...
, 17 June 2008


Superannuation and economic policy

Arguably Keating's most far-reaching achievement as prime minister was the full introduction of the National Superannuation Scheme, implemented to address Australia's long-term problem of chronically low national savings. This initiative built on policies that Keating had pursued whilst treasurer, and was aimed at ensuring that most Australians would have enough money to retire. In 1992, the compulsory employer contribution scheme became a part of a wider reform package addressing this retirement income dilemma. It had been demonstrated that Australia, along with many other Western nations, would experience a major
demographic shift In demography, demographic transition is a phenomenon and theory which refers to the historical shift from high birth rates and high death rates in societies with minimal technology, education (especially of women) and economic development, to lo ...
in the coming decades, due to ageing population, and it was claimed that this would result in increased pension payments that would place an unaffordable strain on the Australian economy. Keating's solution was a "three pillars" approach to retirement income, requiring compulsory employer contributions to superannuation funds, permitting further contributions to superannuation funds and other investments, and introducing, where this was insufficient, a safety net consisting of a means-tested government-funded age pension. The compulsory employer contributions were branded "Superannuation Guarantee" (SG) contributions. As a result of this policy, along with the gradual increases in the minimum contribution amount, Australia grew to become the fourth largest holder of pension fund assets in the world, with a balance of AU$3.3 trillion in superannuation assets at the end of the June 2022 quarter. In the aftermath of the 1990 recession, Keating appointed his close ally
John Dawkins John Sydney "Joe" Dawkins, AO (born 2 March 1947) is an Australian former politician who was Treasurer in the Keating Labor government from December 1991 to December 1993. He is notable for his reforms of tertiary education as Minister for E ...
as treasurer, and together the two developed an economic package to counter the Liberal-National Coalition's ' Fightback!' proposals; this package came to be known as 'One Nation', and involved using funding from the budget surplus to produce new welfare-to-work programmes, as well as introducing a new degree of competition within the telecommunications and communications industries and creating the Australian National Training Authority (ANTA). 'One Nation' also proposed a series of further tax cuts for middle-income workers coming in two tranches, in 1993 and 1995, although these would later be deferred to 1995 and 1998, a move which cost the Government considerable political support among the public. A further major economic policy development was the introduction of an enterprise bargaining scheme as part of the final stage of the Prices and Incomes Accord, intended to allow for greater flexibility and economies of scale within industrial wage arbitration, although much of this was curtailed by the Howard Government after 1996.


Foreign policy

Throughout his time as prime minister, Keating took a number of steps to strengthen and develop bilateral links with Australia's closest neighbours; he frequently said that there was no country in the world that was more important to Australia than
Indonesia Indonesia, officially the Republic of Indonesia, is a country in Southeast Asia and Oceania between the Indian and Pacific oceans. It consists of over 17,000 islands, including Sumatra, Java, Sulawesi, and parts of Borneo and New Gui ...
, and undertook his first overseas visit to the country, becoming the first Australian prime minister to do so. Keating made a conscious effort to develop a personal relationship with Indonesian President
Suharto Suharto (; ; 8 June 1921 – 27 January 2008) was an Indonesian army officer and politician, who served as the second and the longest serving president of Indonesia. Widely regarded as a military dictator by international observers, Suharto l ...
, and to include Indonesia in multilateral forums attended by Australia. Keating's friendship with Suharto was criticised by human rights activists supportive of
East Timor East Timor (), also known as Timor-Leste (), officially the Democratic Republic of Timor-Leste, is an island country in Southeast Asia. It comprises the eastern half of the island of Timor, the exclave of Oecusse on the island's north-w ...
ese independence, and by
Nobel Peace Prize The Nobel Peace Prize is one of the five Nobel Prizes established by the will of Swedish industrialist, inventor and armaments (military weapons and equipment) manufacturer Alfred Nobel, along with the prizes in Chemistry, Physics, Physiolo ...
winner
José Ramos-Horta José Manuel Ramos-Horta (; born 26 December 1949) is an East Timorese politician currently serving as president of East Timor since May 2022. He previously served as president from 20 May 2007 to 20 May 2012. Previously he was Ministry of Fore ...
. The Keating Government's cooperation with the Indonesian military, and the signing of the
Timor Gap Treaty The Timor Gap Treaty was formally known as the ''Treaty between Australia and the Republic of Indonesia on the zone of cooperation in an area between the Indonesian province of East Timor and Northern Australia''. It was a bilateral treaty betwee ...
, were also strongly criticised by these same groups. It was alleged by some that Keating was overlooking alleged human rights abuses by the Indonesian government as part of his effort to dramatically increase Australia's cultural, diplomatic and economic ties with Asia. Following the creation of the
Asia-Pacific Economic Cooperation The Asia-Pacific Economic Cooperation (APEC ) is an inter-governmental forum for 21 member economy, economies in the Pacific Rim that promotes free trade throughout the Asia-Pacific region.
(APEC) Economic Forum by
Bob Hawke Robert James Lee Hawke (9 December 1929 – 16 May 2019) was an Australian politician and union organiser who served as the 23rd prime minister of Australia from 1983 to 1991, holding office as the leader of the Australian Labor Party (A ...
, Keating developed the idea further, winning the support in 1993 of recently elected
US President The president of the United States (POTUS) is the head of state and head of government of the United States of America. The president directs the executive branch of the federal government and is the commander-in-chief of the United States ...
Bill Clinton William Jefferson Clinton (né Blythe III; born August 19, 1946) is an American politician who served as the 42nd president of the United States from 1993 to 2001. He previously served as governor of Arkansas from 1979 to 1981 and again ...
and Chinese Premier Li Peng to expand APEC to a full Leaders' Meeting. This led to APEC becoming one of the most significant high-level international summits, and at the 1994 APEC Leaders' Meeting, hosted by Indonesia, members agreed to the Keating Government's proposals for what became known as the Bogor Declaration, which set targets for a significant increase in free trade and investment between industrialised APEC countries by 2010 and between developing APEC countries by 2020. In December 1993, Keating became involved in a diplomatic incident with
Malaysia Malaysia ( ; ) is a country in Southeast Asia. The federal constitutional monarchy consists of thirteen states and three federal territories, separated by the South China Sea into two regions: Peninsular Malaysia and Borneo's East Mal ...
when he described Prime Minister
Mahathir Mohamad Mahathir bin Mohamad ( ms, محاضير بن محمد, label= Jawi, script=arab, italic=unset; ; born 10 July 1925) is a Malaysian politician, author, and physician who served as the 4th and 7th Prime Minister of Malaysia. He held the office ...
as "recalcitrant". The incident occurred after Mahathir refused to attend the 1993
APEC summit The Asia-Pacific Economic Cooperation (APEC ) is an inter-governmental forum for 21 member economies in the Pacific Rim that promotes free trade throughout the Asia-Pacific region.
. Keating said, ''"APEC is bigger than all of us – Australia, the U.S. and Malaysia, and Dr. Mahathir and any other recalcitrants."'' The translation of the word "recalcitrant" into Malaysian rendered the word a more egregious insult, and Mahathir demanded an apology from Keating, threatening to reduce diplomatic ties and trade drastically with Australia, which became an enormous concern to Australian exporters. Some Malaysian officials talked of launching a "Buy Australian Last" campaign; Keating subsequently apologised to Mahathir over the remark.


1993 and 1996 elections

As prime minister, Keating maintained his aggressive debating style. When asked by
Opposition Leader The Leader of the Opposition is a title traditionally held by the leader of the largest political party not in government, typical in countries utilizing the parliamentary system form of government. The leader of the opposition is typically se ...
John Hewson why he would not call an early election, Keating replied, "because I want to do you slowly." He referred to the Liberal Party as "a motley, dishonest crew", and the National Party as "dummies and dimwits; desperadoes". During an opposition debate that sought to censure Keating, he described being attacked by
Peter Costello Peter Howard Costello (born 14 August 1957) is an Australian businessman, lawyer and former politician who served as the treasurer of Australia in government of John Howard from 1996 to 2007. He is the longest-serving treasurer in Austral ...
as "like being flogged with warm lettuce". Despite this renewed attack on the Opposition, and a busy legislative agenda, many commentators predicted that the 1993 election was "unwinnable" for Labor. During the campaign, Keating focused a great amount of effort on attacking the Coalition's proposed goods and services tax (GST), arguing that it would prove "a dead weight" on the economy, and stating that "every time you put your hand in your pocket, Dr. Hewson's will be in there with you". He was helped by Hewson struggling towards the end of the campaign to explain exactly which products would have the GST levied on them, and which would not. Having begun the campaign far behind the Coalition in opinion polls, on 13 March Keating led Labor to an unexpected and record-breaking fifth consecutive election victory, picking up a two-seat swing. The speech Keating delivered at the victory celebration has been described as one of the great Labor speeches. Opening with "This is a victory for the true believers; the men and women of Australia who, in difficult times, have kept the faith", the speech has been described as providing a source of inspiration for Labor Party faithful to the present day. Like Hawke before him, Keating was able to benefit from disunity in the Liberal Party. Fourteen months after the March 1993 election, John Hewson was replaced as Liberal Leader by
Alexander Downer Alexander John Gosse Downer (born 9 September 1951) is an Australian former politician and diplomat who was leader of the Liberal Party from 1994 to 1995, Minister for Foreign Affairs from 1996 to 2007, and High Commissioner to the United King ...
, whose leadership was quickly marred by gaffes and controversies within months. Keating routinely succeeded in outwitting Downer within Parliament, and in early 1995, Downer resigned to be replaced by
John Howard John Winston Howard (born 26 July 1939) is an Australian former politician who served as the 25th prime minister of Australia from 1996 to 2007, holding office as leader of the Liberal Party. His eleven-year tenure as prime minister is the ...
, who had previously led the Liberals from 1985 to 1989. Howard was able to give the Coalition renewed momentum after Labor lost the seat of
Canberra Canberra ( ) is the capital city of Australia. Founded following the federation of the colonies of Australia as the seat of government for the new nation, it is Australia's largest inland city and the eighth-largest city overall. The ci ...
in a
by-election A by-election, also known as a special election in the United States and the Philippines, a bye-election in Ireland, a bypoll in India, or a Zimni election ( Urdu: ضمنی انتخاب, supplementary election) in Pakistan, is an election used to ...
. In contrast to Hewson, Howard adopted a "small target" campaign strategy for the 1996 election, publicly committing to keep numerous Labor reforms such as Medicare, and defusing the republic issue by promising to hold a constitutional convention. This combined with a narrative of "time for a change" led to a heavy defeat for the Keating Government on 2 March 1996, suffering a five percent
two party preferred In Australian politics, the two-party-preferred vote (TPP or 2PP) is the result of an election or opinion poll after preferences have been distributed to the highest two candidates, who in some cases can be independents. For the purposes of TPP, ...
swing and losing 29 seats, making it the second-worst defeat of a sitting government in Australian history. Keating announced he would retire as Labor Leader and from Parliament, and tendered his resignation as prime minister on 11 March, 13 years to the day after
Bob Hawke Robert James Lee Hawke (9 December 1929 – 16 May 2019) was an Australian politician and union organiser who served as the 23rd prime minister of Australia from 1983 to 1991, holding office as the leader of the Australian Labor Party (A ...
had first taken office.


Post-political career

After leaving Parliament in 1996, Keating moved to the affluent eastern Sydney suburb of
Woollahra Woollahra is a suburb in the Eastern Suburbs of Sydney, in the state of New South Wales, Australia. Woollahra is located 5 kilometres east of the Sydney central business district, in the local government area of the Municipality of Woollahra. ...
. He accepted appointment as a director for various companies, and also became a senior adviser to Lazard, an investment banking firm. Keating was also appointed to the advisory council to the Chinese Government Development Bank. He was also appointed a visiting professor of public policy at the
University of New South Wales The University of New South Wales (UNSW), also known as UNSW Sydney, is a public research university based in Sydney, New South Wales, Australia. It is one of the founding members of Group of Eight, a coalition of Australian research-intensiv ...
and was awarded honorary doctorates in law from
Keio University , mottoeng = The pen is mightier than the sword , type = Private research coeducational higher education institution , established = 1858 , founder = Yukichi Fukuzawa , endowment ...
in Tokyo (1995), the
National University of Singapore The National University of Singapore (NUS) is a national public research university in Singapore. Founded in 1905 as the Straits Settlements and Federated Malay States Government Medical School, NUS is the oldest autonomous university in th ...
(1999), the
University of New South Wales The University of New South Wales (UNSW), also known as UNSW Sydney, is a public research university based in Sydney, New South Wales, Australia. It is one of the founding members of Group of Eight, a coalition of Australian research-intensiv ...
(2003) and
Macquarie University Macquarie University ( ) is a public research university based in Sydney, Australia, in the suburb of Macquarie Park. Founded in 1964 by the New South Wales Government, it was the third university to be established in the metropolitan area of ...
(2012). In 1997, Keating declined appointment in the Australia Day Honours as a Companion of the Order of Australia, an honour which has been offered to all former prime ministers since the modern
Australian Honours System The Australian honours and awards system refers to all Order (distinction), orders, decorations, and medals, as instituted by letters patent from the Monarchy of Australia, Monarch of Australia and countersigned by the Australian prime minister a ...
was introduced in 1975. On his refusal, Keating expressed that he had long believed honours should be reserved for those whose work in the community went unrecognised and that having been prime minister was sufficient public recognition. In 2000, he published his first book since leaving office, ''Engagement: Australia Faces the Asia-Pacific'', which focused on foreign policy during his time as prime minister. In 2002, Keating's former speechwriter and adviser,
Don Watson Don Watson (born 1949) is an Australian author, screenwriter, former political adviser, and speechwriter. Early life Watson was born in 1949 at Warragul in the Gippsland region of Victoria, and grew up on a farm in nearby Korumburra. Academia ...
, published '' Recollections of a Bleeding Heart: A Portrait of Paul Keating PM''. The book first drew criticism from Keating's by then-estranged wife, Annita Keating, who said that it understated her contribution, a complaint Watson rejected. Keating himself was so unhappy with the book that it brought the two men's friendship to an abrupt end. Keating initially avoided public political comment during the Howard Government, although made occasional speeches criticising his successor's social policies. Ahead of the 2007 election, Keating joined former Labor Prime Ministers
Gough Whitlam Edward Gough Whitlam (11 July 191621 October 2014) was the 21st prime minister of Australia, serving from 1972 to 1975. The longest-serving federal leader of the Australian Labor Party (ALP) from 1967 to 1977, he was notable for being the h ...
and
Bob Hawke Robert James Lee Hawke (9 December 1929 – 16 May 2019) was an Australian politician and union organiser who served as the 23rd prime minister of Australia from 1983 to 1991, holding office as the leader of the Australian Labor Party (A ...
to campaign against Howard, describing Howard as a "desiccated coconut" who was " Araldited to the seat", as an "...old
antediluvian The antediluvian (alternatively pre-diluvian or pre-flood) period is the time period chronicled in the Bible between the fall of man and the Genesis flood narrative in biblical cosmology. The term was coined by Thomas Browne. The narrative tak ...
19th century person who wanted to stomp forever...on ordinary people's rights to organise themselves at work...he's a pre- Copernican obscurantist". He also described Howard's deputy,
Peter Costello Peter Howard Costello (born 14 August 1957) is an Australian businessman, lawyer and former politician who served as the treasurer of Australia in government of John Howard from 1996 to 2007. He is the longest-serving treasurer in Austral ...
, as being "all tip and no iceberg" when referring to an alleged pact made by Howard to hand the leadership over to Costello after two terms. In February 2008, after Labor's victory in the 2007 election, Keating joined former prime ministers Whitlam, Fraser and Hawke in Parliament House to witness new Prime Minister
Kevin Rudd Kevin Michael Rudd (born 21 September 1957) is an Australian former politician and diplomat who served as the 26th prime minister of Australia from 2007 to 2010 and again from June 2013 to September 2013, holding office as the leader of the ...
deliver the National Apology to the Stolen Generations. In August 2008, he spoke at the book launch of ''Unfinished Business: Paul Keating's Interrupted Revolution'', authored by economist David Love. Among the topics discussed during the launch were the need to increase compulsory superannuation contributions, as well as to restore incentives for people to receive their superannuation payments in annuities. In 2013, Keating took part in a series of four-hour-long interviews with Kerry O'Brien which were broadcast on the ABC in November of that year. The series covered Keating's early life, his entry into Parliament, his years as treasurer and prime minister, and canvassing his academic, musical and artistic interests, economic and cultural vision for Australia, and commitment to Australia's integration into Asia. O'Brien used these conversations as the basis for a 2014 book ''Keating: The Interviews''. Keating repeatedly declared he would not write a memoir, so his cooperation with O'Brien was perceived as the closest he would come to producing an autobiography. In 2016, Troy Bramston, a journalist for ''
The Australian ''The Australian'', with its Saturday edition, ''The Weekend Australian'', is a broadsheet newspaper published by News Corp Australia since 14 July 1964.Bruns, Axel. "3.1. The active audience: Transforming journalism from gatekeeping to gatew ...
'' and a political historian, wrote an unauthorised biography that Keating cooperated with titled ''Paul Keating: The Big-Picture Leader''. Bramston was given full access to Keating's personal papers, was granted a series of interviews with Keating and also interviewed more than 100 other people. It was described as the "authoritative" and "definitive" Keating biography written by a "first class" political historian. During the 2015 New South Wales state election, Keating gave his support for the privatisation stance of the Liberal government and slammed the labor party on its anti privatisation position. In 2019, during campaigning for that year's federal election, Keating spoke out against the Australian Security Intelligence Organisation by calling them "nutters." His remarks attracted media criticism, and Labor Leader Bill Shorten distanced himself from Keating's views. Keating later issued a joint statement with
Bob Hawke Robert James Lee Hawke (9 December 1929 – 16 May 2019) was an Australian politician and union organiser who served as the 23rd prime minister of Australia from 1983 to 1991, holding office as the leader of the Australian Labor Party (A ...
endorsing Labor's economic plan as part of the election campaign, and condemning the Liberal Party for "completely ivingup the economic reform agenda". They stated that "Shorten's Labor is the only party of government focused on the need to modernise the economy to deal with the major challenge of our time: human induced climate change"; it was the first joint press statement released by the two since 1991. After Hawke's death in the same month, Keating gave an address at Hawke's state memorial service at
Sydney Opera House The Sydney Opera House is a multi-venue performing arts centre in Sydney. Located on the foreshore of Sydney Harbour, it is widely regarded as one of the world's most famous and distinctive buildings and a masterpiece of 20th-century architec ...
on 14 June, where he reflected on the "great friendship and partnership" the two had enjoyed. In September 2021, following the announcement of the AUKUS trilateral military alliance between the United States, United Kingdom and Australia, Keating criticised the alliance, saying that "Australia turns its back on the 21st century, the century of Asia, for the jaded and faded Anglosphere" and the deal would be "locking the country and its military forces into the force structure of the United States by acquiring US submarines". Keating went on to criticize Labor's opposition foreign affairs spokesperson
Penny Wong Penelope Ying-Yen Wong (born 5 November 1968) is an Australian politician who has been Minister for Foreign Affairs and Leader of the Government in the Senate in the Albanese Government since 2022. A member of the Australian Labor Party (ALP), ...
, accusing the Labor opposition of being complicit with the Liberal government in "false representation of China’s foreign policy". His comments were criticised by Labor MPs Anthony Byrne and Peter Khalil. In January 2022, Keating accused British Foreign Secretary
Liz Truss Mary Elizabeth Truss (born 26 July 1975) is a British politician who briefly served as Prime Minister of the United Kingdom and Leader of the Conservative Party from September to October 2022. On her fiftieth day in office, she stepped dow ...
of making "demented" comments about Chinese military aggression in the Pacific, saying that "Britain suffers delusions of grandeur and relevance deprivation."


Personal life

In 1976, Keating married
Annita van Iersel Anna Johanna Maria "Annita" van Iersel (born 5 October 1948), known as Annita Keating from 1975 to 1998, is a Dutch-born Australian artist and former wife of Paul Keating, former Prime Minister of Australia. Early life Born in Oisterwijk, ...
, a Dutch-born flight attendant for Alitalia. They had four children, who spent some of their teenage years in The Lodge, the prime minister's official residence in
Canberra Canberra ( ) is the capital city of Australia. Founded following the federation of the colonies of Australia as the seat of government for the new nation, it is Australia's largest inland city and the eighth-largest city overall. The ci ...
. The couple separated in November 1998. While they did not formally divorce until 2008, Annita had resumed her maiden name long before then. Before his marriage to van Iersel, Keating had in 1972 announced his engagement to fashion consultant Kristine Kennedy, but they did not marry. Since 1998, Keating's partner has been the actress
Julieanne Newbould Julieanne Newbould (born 1957) is an Australian actress who first came to prominence in the 1970s. Newbould was 16 years old when she played Karen in the 1974 ABC telemovie ''Lindsay’s Boy''. She then worked in several television series for t ...
. Keating's daughter, Katherine Keating, is a former adviser to former New South Wales Minister Craig Knowles as well as former
New South Wales Premier The premier of New South Wales is the head of government in the state of New South Wales, Australia. The Government of New South Wales follows the Westminster Parliamentary System, with a Parliament of New South Wales acting as the legislature ...
Bob Carr Robert John Carr (born 28 September 1947) is an Australian retired politician and journalist who served as the 39th Premier of New South Wales from 1995 to 2005, as the leader of the NSW Branch of the Australian Labor Party (ALP). He later en ...
. In the early 1970s, Keating moved from the family home in Bankstown when he purchased a new brick-veneer house at 12 Gerard Avenue,
Condell Park Condell Park, a suburb of local government area City of Canterbury-Bankstown, is 21 kilometres south-west of the Sydney central business district, in the state of New South Wales, Australia, and is a part of the south-western Sydney region ...
, two doors up from his parents' new home at No. 8 Gerard Avenue. This became the family home after his marriage in 1976 until 1983, when the Keatings sold the property for $123,000 and moved to a one-storey rental house in the
Canberra Canberra ( ) is the capital city of Australia. Founded following the federation of the colonies of Australia as the seat of government for the new nation, it is Australia's largest inland city and the eighth-largest city overall. The ci ...
suburb of Red Hill to be closer to work. Keating's interests include the music of
Gustav Mahler Gustav Mahler (; 7 July 1860 – 18 May 1911) was an Austro-Bohemian Romantic composer, and one of the leading conductors of his generation. As a composer he acted as a bridge between the 19th-century Austro-German tradition and the modernism ...
and collecting French
antique An antique ( la, antiquus; 'old', 'ancient') is an item perceived as having value because of its aesthetic or historical significance, and often defined as at least 100 years old (or some other limit), although the term is often used loosely ...
clocks. He currently resides in
Potts Point Potts Point is a small and densely populated suburb in inner-city Sydney, New South Wales, Australia. Potts Point is located east of the Sydney central business district and is part of the local government area of the City of Sydney. Pott ...
, in inner-city Sydney, and has a holiday home on the Hawkesbury River.


Popular culture

In 2005, '' Keating!'', a musical based on Keating's life and career, premiered at the
Melbourne International Comedy Festival The Melbourne International Comedy Festival (MICF) is the largest stand-alone comedy festival and the second-largest international comedy festival in the world. Established in 1987, it takes place annually in Melbourne over four weeks, typical ...
. It went on to run until 2010, winning a number of awards and being broadcast on
ABC2 ABC TV Plus (formerly ABC2 and ABC Comedy) is an Australian free-to-air television channel owned by the Australian Broadcasting Corporation and part of its ABC Television network. The channel broadcasts a range of general entertainment pr ...
.


See also

* First Keating Ministry * Second Keating Ministry


References


Further reading

* Bramston, Troy (2016), ''Paul Keating: The Big-Picture Leader'', Scribe. * Carew, Edna (1991), ''Paul Keating Prime Minister'',
Allen & Unwin George Allen & Unwin was a British publishing company formed in 1911 when Sir Stanley Unwin purchased a controlling interest in George Allen & Co. It went on to become one of the leading publishers of the twentieth century and to establish an ...
. * Edwards, John (1996), ''Keating: The Inside Story'', Viking. * Gordon, Michael (1993), ''A Question of Leadership. Paul Keating. Political Fighter'', University of Queensland Press, St Lucia, Queensland. * Gordon, Michael (1996), ''A True Believer: Paul Keating'', University of Queensland Press. * Keating, Paul (1995), ''Advancing Australia'', Big Picture. * Keating, Paul (2011), "After Words", Allen & Unwin, * Lowe, David (2008), '' Unfinished Business: Paul Keating's interrupted revolution'', Scribe. * Watson, Don (2002), '' Recollections of a Bleeding Heart: A Portrait of Paul Keating PM'', Knopf. * Paul Keating (2011), ''After Words: The Post-Prime Ministerial Speeches'', Allen & Unwin.


External links

* * *
Paul Keating Insults Archive

Paul_Keating_at_the_ Paul_Keating_at_the_National_Film_&_Sound_Archive
">National_Film_&_Sound_Archive">Paul_Keating_at_the_National_Film_&_Sound_Archive

Photo –_Delivering_the_annual_John_Curtin_Prime_Ministerial_Lecture_2009

Text –_2009_John_Curtin_Prime_Ministerial_Lecture

Painting –_Paul_Keating
*_Video_of_th
Redfern_Address
* .html" ;"title="National_Film_&_Sound_Archive
.html" ;"title="National Film & Sound Archive">Paul Keating at the National_Film_&_Sound_Archive">Paul_Keating_at_the_National_Film_&_Sound_Archive

Photo –_Delivering_the_annual_John_Curtin_Prime_Ministerial_Lecture_2009

Text –_2009_John_Curtin_Prime_Ministerial_Lecture

Painting –_Paul_Keating
*_Video_of_th
Redfern_Address
* ">- .html" ;"title="National Film & Sound Archive
">National Film & Sound Archive">Paul Keating at the Photo –_Delivering_the_annual_John_Curtin_Prime_Ministerial_Lecture_2009

Text –_2009_John_Curtin_Prime_Ministerial_Lecture

Painting –_Paul_Keating
*_Video_of_th
Redfern_Address
* ">- ">- .html" ;"title="National Film & Sound Archive

Photo – Delivering the annual John Curtin Prime Ministerial Lecture 2009

Text – 2009 John Curtin Prime Ministerial Lecture

Painting – Paul Keating
* Video of th
Redfern Address
* ">- ">- ">- , - , - {{DEFAULTSORT:Keating, Paul 1944 births Living people Australian people of Irish descent Australian Labor Party members of the Parliament of Australia Labor Right politicians Australian republicans Australian trade unionists 1975 Australian constitutional crisis Deputy Prime Ministers of Australia Members of the Australian House of Representatives Members of the Australian House of Representatives for Blaxland Members of the Cabinet of Australia Republic Advisory Committee Politicians from Sydney Prime Ministers of Australia Treasurers of Australia Australian Roman Catholics Articles containing video clips Leaders of the Australian Labor Party Keating Government 20th-century Australian politicians Government ministers of Australia Sydney County Council