Tag Archive for 'Costello memoirs'

Malcolm Turnbull finally ends the Howard years?

One theme that’s come up in commentary on several threads about the Liberal leadership here is that the political suicide of Brendan Nelson has the potential to put the Howard years to bed at last. One other sign of this is how underwhelming and plain boring many of the “revelations” in Yesterday Man’s Memoirs have been – who really cares now about the accumulated ressentiment of a decade and a bit of internal treachery under the Dear Leader? (Howard’s poisonous human legacy, of course, lingers, as last night’s Four Corners demonstrated). Peter Costello is now history, and if he hasn’t acknowledged that, then the man is a greater and more self-serving fool than even most of us suspect. His book launch – presumably televised still today – is a sideshow.

Malcolm Turnbull needs to give up on placating all those who still long for the departed Howard’s firm hand. The Liberal Party needs to eschew stunts and populism and restore its tattered economic credibility (which was actually junked by Howard and Costello themselves – that was obvious enough in last year’s election but now it’s plain as day). It also needs to move with the times and take a responsible position on an ETS and trim its sails to fit the socially liberal winds that have been blowing – unsniffed as they were by the Tony Abbotts and Nick Minchins of the world.

But Turnbull is completely capable of squibbing all this. He may mistake the need to placate the diehard Liberal Right and “defend the legacy” as necessary pragmatism. If he does, he might be safer at the despatch box, but he will be repeating the same mistakes that brought Nelson down. Though without the jam and baked beans.

Turnbull’s selection of a Shadow Cabinet will give us a big clue as to how he’s going to shape the Opposition. Shadow Treasurer and Shadow Climate Change Minister in particular. And make no mistake, he has to shape the Opposition, not try to keep all its factions happy. A very difficult balancing act indeed, because the structural faults in both the party and in its electoral position haven’t been magicked away.

Elsewhere: Some more analysis from Sam Clifford at Public Polity. Update: And more from Pavlov’s Cat.

Blogosphere roundup: More commentary from Possum, Politically homeless, Andrew Bartlett, Corporate Engagement, Musings of an inappropriate woman, Road to Surfdom and Woolly Days.

Another one for the blog roundup: what it feels like for a boi.

Wait, there’s more!: Joanne Jacobs, The Poll Bludger and John Quiggin.

Nelson brings on leadership spill for tomorrow

It’s on. Brendan Nelson’s thrown down the gauntlet. The Liberal Party will determine its leadership tomorrow morning after Nelson called on a spill. Perhaps his capital E emo man performance in Parliament today was his audition – or maybe he’d eaten some of those baked beans. At any rate, he’s got one night of that “clear air” that is/was the new cliche/talking point de jour.

You have to wonder if there’s not some level at which this is a bit of subconscious revenge on Peter Costello, whose book launch tomorrow will now surely be “overshadowed”, as the meejah like to say.

Let’s see if the Turnbull boosters’ claims that they already have the numbers are right. Or will Malcolm Turnbull even put his hand up? What happens if he loses? Surely he couldn’t stay on the front bench. Nelson must be dreaming if he thinks this will end the thing. If he marginalises Turnbull to curry favour with the hard right, he’s still got a divided party. If he keeps Turnbull on the front bench, he looks weak. But at least it might kill off the Costellology.

Update: Michael Brissenden reported on the 7 30 Report that Nelson had been more angry than ever seen before (is that possible?) at a party room meeting and had promised to “clean out” his office and the front bench if he wins. He could lose endless commentator Tony Abbott for a start, and the promise regarding the office presumably refers to his habit of going off the reservation and making policy unilaterally – for instance with the $30 a week pension increase. Presumably the implication that Nelson will be clearing out his desk is unintended, but maybe interesting in a Freudian slippy sorta way.

More strange is a reported promise to “toughen up” the line on climate change while simultaneously walking away from the carping opposition to same sex rights in the Senate. This sounds like a typical Nelson left/right straddle to me, but apparently he’s going to show a “different” side to his leadership. More props? No more truck trekking? Who knows?

Turnbull is standing by the way.

More: Possum has posted Nelson’s press release.

Update: Bruce Billson, the Shadow Minister for Communications (who knew?), duly communicated on Lateline tonight. It wasn’t 100% clear, but he seemed to be suggesting that Malcolm Turnbull might remain on the front bench if Nelson wins. Yeah, right, that’d be smart. But it does show that Nelson’s inclusive or something. Oh, and “strong action on climate change without wrecking the economy” may or may not be a different stance from their most recent unintelligible confusion. But communications expert Billson appeared pleased that it was a nifty soundbite. Who thinks that somehow all this isn’t going to be over tomorrow morning?

Decided [by Kim]: It’s Turnbull by 45-41. New open thread here.

Update [by Kim]: I’ve put up a post with some analysis of what Turnbull needs to do here.

Continue reading ‘Nelson brings on leadership spill for tomorrow’

Costello memoirs: Bored now?

I’ve got a question about the Costello memoirs. Is anyone going to rush down to the bookshop today and hand over $55 of their hard earned for a copy? I mean – courtesy of the neverending promo show – we now know $weetie doesn’t like Janette, Malcolm, Barnaby or Little Johnny, thinks Tony Abbott is two faced, and that he wanted the leadership handed to him on a platter. And that the election loss was all Howard’s fault, or all Jackie Kelly’s fault, which comes to the same thing really, doesn’t it? And of course all this is such a surprise! Is $55 worth the punt that we might find out that The Great Pretender also wants revenge on Bruce Billson or Wilson Tuckey or Peter Lindsay or someone?

Boycott the thing, I say!

Continue reading ‘Costello memoirs: Bored now?’

Peter Costello’s legacy

The Fin Review ran today with a cover story on Peter Costello’s legacy – not on the Liberal leadership but as Treasurer. It appears to be an article of faith – based on a questionable analogy about the supposed damage a move away from Paul Keating’s legacy did to Labor in opposition (and one, incidentally, pushed by PJK himself to journos and commentators) – that they have to hug John Howard close to their chest. So Peter Costello is routinely dubbed by Liberals as “Australia’s best Treasurer”.

The IMF didn’t think so. The Fin has obtained leaked Treasury documents prepared for discussions with IMF officials last year. The upshot of the story can be summed up by its tagline – “Peter Costello’s fiscal policy was potentually more damaging than any other period since the Whitlam years”. IMF wonks were deeply concerned about a stimulatory budget and fiscal policy at a time of economic over-heating, and the article by Paul Cleary concludes:

… from 2003 onwards, Costello executed a sustained expansion of fiscal policy during a sustained upswing in the economy. Looking further back, his predecessors had only engaged in such a policy during recessions. The result of this outbreak of bad policy in the last years of the Howard government is likely to be a long period of inflation and weak economic growth, and it may take some considerable time, and pain, to get the balance back in the right order.

Continue reading ‘Peter Costello’s legacy’

So it was all about promoting his book…

Hardly surprising, I must say, to read that Peter Costello has dumped on Howard in his book and has also ruled out standing for the Liberal leadership. What a petulant and self-indulgent performance.

Newspoll Tuesday: Labor 56-44

Ok, in the parallel universe that is press reporting of polls, we get this from the West Australian:

Extensive Olympics coverage over the past two weeks may have pushed politics out of the minds of many Australians and be responsible for the minimal changes in the latest Newspoll of voter sentiment and no improvement for the coalition.

Right. Yep. Because the natural order of things is that the Coalition vote should always be rising and its failure to do so is an aberration to be explained away by… stuff that happened in the same fortnight. Whatevs.

Meanwhile, Dennis Shanahan puts it all down to the waiting, waiting, waiting, waiting for Costello to release his book. Which, by the way, the ABC is giving free publicity to by televising a National Press Club speech by the former Treasurer on the day of its release. What’s with that?

But note the common assumption that the Liberals should be gaining were it not for their leadership woes. Really? How do they know? Because they do. It’s not argued. But it’s there as the background assumption on which all the rest rests.

Elsewhere: For actual commentary on the poll, go visit Possum and the Poll Bludger’s crew in comments. The Poll Bludger also links to the rather interesting Essential Research poll (Labor 58-Coalition 42) which shows that there’s a 7% negative differential between state and federal ALP voting intentions among its sample.