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1996-1997 cabinet papers show how Howard and Costello faced a budget black hole

  • Written by Frank Bongiorno, Professor of History, ANU College of Arts and Social Sciences, Australian National University
1996-1997 cabinet papers show how Howard and Costello faced a budget black holeThe newly sworn-in Howard ministry in March 1996.National Archives of Australia

On the morning of Monday, March 4 1996, the young treasurer in the Howard government, Peter Costello, and his press secretary, Tony Smith – now the speaker of the House of Representatives – took an Ansett flight from Melbourne to Sydney for their first...

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