Economic socialism cost Labor

Original article by Phillip Coorey
The Australian Financial Review – Page: 4 : 28-Aug-19

Labor has come under intense scrutiny following its federal election loss on 18 May. Finance Minister Mathias Cormann has attributed the election defeat to Labor’s adoption of socialist economics, which prompted voters to overlook the Coalition’s own shortcomings. Cormann has also used a Sydney Institute speech to argue that Labor won the 2007 election because Kevin Rudd persuaded voters that he was an economic conservative in the same mould as John Howard, but Labor subsequently re-embraced the socialist left under treasurer Wayne Swan.

CORPORATES
AUSTRALIA. DEPT OF FINANCE, AUSTRALIAN LABOR PARTY, SYDNEY INSTITUTE

Labor left to embrace Corbyn, torpedo neoliberal economics

Original article by Troy Bramston
The Australian – Page: 1 & 7 : 28-Jul-17

The Australian Labor Party’s left faction will use its New South Wales state conference to ramp up its push to make inequality a key policy agenda. The left faction intends to formally repudiate the neoliberalism policies of the Bob Hawke and Paul Keating-led Labor governments in favour of the socialist agenda of the UK Labour Party’s leader, Jeremy Corbyn. Labor’s national ­assistant secretary, Paul Erickson, has praised Corbyn and believes that Australians are just as disillusioned about mainstream politics as people in the UK.

CORPORATES
AUSTRALIAN LABOR PARTY, LABOUR PARTY (GREAT BRITAIN)