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Wayne Swan's big day!

Date

Budget Day has been the treasurer's big day ever since Paul Keating turned it into a stage-managed event.
This year's budget should have been the biggest show in town but unfortunately for Wayne Swan there were distractions on his special day.
Crowded out by scandals, leadership speculation and doomsayers it was just another day in the nation's capital. It become pretty hard for Wayne to promote his handiwork.
Wayne deserves the spotlight back on him, and this week's espresso video animation does just that. Take it away Wayne!

8 comments so far

  • Wayne Swan is a silent achiever with no fanfare. Unlike treasurers before him like Keating who was a master tactician and has the capability of demolishing his vinegary opponents at ease, Peter Costello who always grab the limelight, Wayne Swam like an excellent magician pull the rabbit out of the hat: a surplus budget. His is an onerous task with a minority government and all the other distractions in his way-Australia’s national income is down, Clive Palmer’s challenge to his own seat, all pressure groups are demanding so much in the budget and his party and the Prime minister’s standing are in a very precarious state in the opinion polls. Rumour mongers are claiming that this will be his last political stint. Whatever the case may be, when he decides to walk into the political sunset, he could walk with the plaudit of a politico who did an excellent job as the treasurer in a very difficult political climate.

    Commenter
    Kattooparambil
    Location
    Melbourne
    Date and time
    May 11, 2012, 6:41AM
    • Spending money is easy. Spend wayne spend . no need to worry about that 300 billion of debt. someone else's worry. Fiscal responsibility is something entirely out of little wayno's vocab. So many dribblers think wayne knows what he is doing until they get the bill. That's right, there is a price to pay and we will be paying for it for a very long time. You may not like him then, certainly future generations will definitely remember him for the burden of debt he will leave.

      Commenter
      John
      Date and time
      May 11, 2012, 8:59AM
  • I wouldn't trust his numbers.

    Commenter
    Christopher
    Location
    Melbourne
    Date and time
    May 11, 2012, 6:46AM
    • Had the Fluffy Duckie got at the Friary Plonk Shop before the Abbott's Alchemy Joe cleaned it out, the Government would be chortling, 'Wine is proof God loves us and wants us to be merry'.

      Commenter
      Geronimo
      Location
      Yippee Yi Yo
      Date and time
      May 11, 2012, 6:59AM
      • Recognised Swan, but who was the ranga at the start.

        Commenter
        SteveH.
        Date and time
        May 11, 2012, 6:59AM
        • Swans a fake just like his boss!
          It`s now two times Swan has played around with our superannuation scheme- perhaps Swan should look at the over generous scheme that he and his incompetent cronies are on before ours?
          Perhaps the Black duck can look into negative gearing rorts, corruption in commonwealth capital works programs in Canberra, the waste and incompetence in the public service (people and departments retained with nothing to do just so the same amount of money plus an increase can be attained for the next budget period) etc etc - how long is a piece of string!
          And stop giving away our hard earned to all the bludgers !

          Commenter
          Grazzer
          Location
          Sydney
          Date and time
          May 11, 2012, 4:31PM
          • I’d like to share Wayne Swan’s optimism in his 2012/13 Budget. He is forecasting a $1.5 Billion (B) surplus on Revenue of $377.8 B. That is a return of 0.39% on revenue. If Revenue collection is more than 0.40% under forecast we will slip back into the red! Now given Swan was out by $21.8 B (ie forecast Deficit $22.6 B, actual Deficit $44.4 B) on the 2011 Budget, it is very hard to have any confidence in the Government being able to deliver this promised surplus.

            Commenter
            MM
            Location
            Marmion
            Date and time
            May 11, 2012, 5:15PM
            • I see Wayne got the kiss of death straight after he finished his speech. Poor Wayne there's no coming back now.

              Commenter
              Beetle07
              Date and time
              May 11, 2012, 8:25PM
              • Kiddies

                Swan's minuscule so called surplus is a convenience like running to the loo without any paper and forgetting that a plumber has taken away the cistern for repair. One finishes up sitting on a smelly mess.

                A surplus stinks to high heaven when one introduces programmes in a current financial year and defers their costing to the following year? The smell becomes worse when a treasurer ignores completely the costings of the IBM.

                Oops the cracked toilet bowel just collapsed?

                Commenter
                Pen of hrba
                Date and time
                May 12, 2012, 10:50AM

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