Bankstown lefty
Sir: Paul Keating’s political legacy was pretty good, but I have to scoff at his ‘world’s greatest treasurer’ accolade.
At that time I was purchasing a factory, my bank loan [after 50 per cent deposit,] had been signed off at 7 per cent.
Towards the end of the world’s greatest treasurer’s reign, my interest rate on that loan had risen to 21 per cent.
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