‘Lot of lessons’ from Paul Keating’s record for Liberal and Labor parties

Liberal MP Keith Wolahan says there are a “lot of lessons” from former Australian Prime Minister Paul Keating’s record for both the Liberal and Labor parties. Mr Wolahan said Mr Keating created “economic wealth” in Australia for a “long time”. “He was a reformist as the Treasurer and then less so as the Prime Minister,” he told Sky News Australia. The Labor MP’s comments come after former Australian prime minister Paul Keating claimed in an interview with the AFR that anything over the top tax rate of 39 per cent is ‘confiscatory’ and backed indexation of the personal income tax rate. “I don’t agree with what he had to say particularly on the US alliance,” Mr Wolahan told Sky News Australia. “I think he’s missing the mark here of the world that we’re living in.”