Labor In Power - Season 1 - Eps 4: The Recession We Had to Have
The bacon Paul Keating prophesied he would bring home with the 1988 budget turned out to be charred gristle. In the lead-up to the October 19, 1987, stockmarket crash, the economy was virtually on fire. The Reserve Bank had resisted raising interest rates until April 1988, and by then it was too late. Australia was headed for a classic "boom and bust". Thus was ensured "the recession that Australia had to have" - Treasurer Keating's lamented phrase of November, 1990.
About Labor In Power
Title: Labor In Power
First Air Date: 1993-06-08
Last Air Date: 1993-07-06
Status: Ended
Rating: 0/10 (from 0 votes)
Language: EN
Seasons: 1
Total Episodes: 5
Network: ABC TV
Genres: Documentary
Production Companies: Unknown
Synopsis
The history of the Labor Party in government in Australia from 1983 to 1993 under Bob Hawke and Paul Keating. The series is told entirely through the eyes of all the major players in government and the bureaucracy, including Bob Hawke and Paul Keating.
Cast
Kathy Bowlen
Narrator (voice)
