Paul Keating

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Paul Keating loved politics. By the time he left Parliament in 1996 he had spent over half his life there. He began his parliamentary career at 25, one of the youngest federal politicians ever.

Before becoming Prime Minister he had been Treasurer for eight years. Only Arthur Fadden, a former Prime Minister, had been Treasurer longer.

Keating's initiatives as Prime Minister included establishment of the Republican Advisory Committee, the passage of indigenous land rights legislation and reform of vocational education and training.

Earlier, as Treasurer, he had pursued a radical policy of economic deregulation.

His particular achievements as Prime Minister included the passage of the Native Title Act, encouraging the process of reconciliation between Aboriginal and other Australians, the introduction of policies encouraging economic competitiveness, and debate over the possibility of an Australian republic.

Hon. Paul Keating was Prime Minister from 20 December 1991 to 11 March 1996.

Born: 18 January 1944 at Sydney, NSW.

Paul John Keating was born in Sydney, New South Wales, on 18 January 1944. He married Anna ('Annita') von Iersel in 1975 and they have four children.

He is the first of the four children of Matt and Min Keating. He grew up in Bankstown, an industrial outer western suburb of Sydney. He attended a Catholic school, De La Salle College, and later studied at Belmore and Sydney Technical Colleges.

Keating left school at 15, the year he joined the Australian Labor Party (ALP). He worked in clerical jobs before joining the staff of the Federated Municipal and Shire Council Employees' Union, which is the trade union representing workers in local government. He became the union's industrial advocate (the offic...

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... a program of opening state-owned monopolies in electricity, gas, water and transport to commercial competition, in order to make the provision of utilities more efficient.

After more than four years in office Keating took the nation to his second election as Prime Minister on 2 March 1996. By this time mounting foreign debt, high unemployment and high interest rates were causing widespread concern, and his government's ability to manage the economy was increasingly in question. Labor suffered a resounding defeat, the Liberal-National Party coalition under the Opposition leader, John Howard, winning convincingly. Keating immediately resigned as Labor leader and quit parliament. Kim Beasley, previously his Treasurer, then took over the Labor leadership and became Opposition leader. Keating retired from public life and devoted himself to developing business interests.

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