Filed under: Australia, Capitalism, Conservatism, Economy, Energy, Environment, Freedom, Taxes | Tags: A Conservative Government, A New Prime Minister, Australia's Tony Abbott
Australia has new management. Prime Minister Elect Tony Abbott has led the Conservative Coalition to a resounding victory. The Australian House of Representatives has 150 seats. Kevin Rudd’s Labor party got only 54 seats, 76 are needed for a majority. The Coalition won 87 seats, the Greens 1, and other 2, with the remainder still in play. A pretty resounding rejection of the Labor party and the hated carbon tax.
Mr. Abbott is a former boxer, a Rhodes scholar, and Catholic seminarian. He has promised to rein in government spending, scrap the hated tax on carbon emissions, and stop the flow of refugee boats arriving in Australia’s northwest. He also promised to keep his promises.
Labor dumped Prime Minister Kevin Rudd in 2010, for Australia’s first female prime minister Julia Gillard, only to reinstate Rudd as leader in June of 2013 in a desperate bid to stay in power. Labor’s overall vote was the worst since 2004 when conservative prime minister won his fourth and final term. Abbott could end up with a majority of around 30 seats, ending the party’s first minority government since World War II.
Mr. Rudd had attempted to portray Abbott’s planned spending cuts as “dangerous European-style austerity” and said that Labor was best placed to manage an economy that while slowing, is still the envy of much of the developed world. Sounds familiar.
Congratulations to Mr. Abbott and to our friends Down Under
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