The Honourable Wayne Maxwell Swan MP, Deputy Prime Minister and Treasurer of the Commonwealth of Australia. One of the great Treasurers in the history of Australia. Born 30 June 1954 as a last day tax deduction for his adoring parents.
So say a number of prominent Australians. Maybe I’m wrong – I thought he was one of the worst.
Even Judith Sloan thinks highly of Wayne Swan, stating
Swan is a hard worker and spends a lot of time poring over briefs
Now Swan has advanced to the third longest-serving Labor Treasurer behind Ben Chifley and Paul Keating. Comparing the three, Saul Eslake said
Swan is the most successful of the three in terms of macro-economic management. He has kept the country out of recession, while under Keating we had a recession. That’s a very big achievement.
While Chris Richardson had this to say of Swan
Wayne Swan will rank well in the pantheon of Australian treasurers.
Ross Garnaut was similarly enthused
The past five years are marked by two towering achievements – sustaining economic growth during the deepest downturn since the Great Depression, and implementation of the world’s best carbon-price scheme in terms of an economically efficient mechanism for reducing emissions.
Have I been judging Swan too harshly? I said he was worse than Jim Cairns, but apparently I should be rating him up against Keating and Costello. After all, Swan saved Australia from a recession. He might make a good prime minister even.
Now Ben Chifley served as Treasurer for 3001 days, from 1941 to 1949, including 1620 days when he was both Prime Minister and Treasurer. Paul Keating served as Treasurer for 3006 days and later as Prime Minister for 1543 days.
So far Swan has served for 1818 days, and if he catches up to the other two will still be Treasurer in February 2016. If he follows the other two he will also become Prime Minister.
It doesn’t look too good for Julia Gillard does it?