Twenty-five years on from the recession we had to have

By Alex Millmow
Updated April 24 2018 - 8:48pm, first published December 1 2015 - 1:33pm

It will be on his epitaph. It's already the stuff of fridge magnets, postcards and dish towels. And, to paraphrase him, walk into any saloon bar and every punter will quote that line whenever his name is mentioned. The line? No, not "Well may we say" but "This is the recession we had to have". Paul Keating immortalised that line 25 years ago on November 29, 1990.

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