Editor’s note: David Gazard was Peter Costello’s political advisor from 2003 to 2007 and is one of his closest confidantes.

As Australian politics has become more professional, it has become more brutal.

I'll be off then: Costello bows out

Gone are the days, by and large, of a certain cross-party respect for each other and certain boundaries that are never crossed. They have been replaced by machine men, spin doctors and campaign managers more focussed on one thing: winning at all costs.

It’s a harder, unforgiving and relentless environment, where people who openly describe themselves as haters abound, and are lionised for describing themselves as thus.

It’s commonplace for politicians to claim to use revenge as a personal motivator, a peculiar and twisted birthright possessed by the political class.

Peter Costello was never one of these politicians.

Sure, there have been few in the House of Representatives who could hold a candle to the former Treasurer and Member for Higgins in terms of wit or his refined ability to skewer an opponent with rhetoric.

In the best tradition of the Westminster system where the chamber becomes a white-hot contest of ideas and the wheat is sorted from the chaff, Costello was one of the best winnowers. He was a brilliant parliamentarian and an asset in the daily fisticuffs that mark the parliament.

Yet Costello never worked from a position of hatred and in the twilight of his days on the Opposition benches is not consumed with dark thoughts of revenge.

He will leave as someone who has dominated the economic landscape for well over a decade but not bitter and twisted by the destructive apparatus in which he operated so effectively.

And, best of all, despite the denied ambition and lashings of frustration, he leaves parliament as someone who never compromised himself by stooping to the level of the political machine.

He was a cabinet minister who drove the policy agenda and the political machine scrambled to keep pace. It wasn’t the other way around.

I know, because, along with the rest of his staff, I worked in his slipstream.

Anyone who asserts with absolute authority – and there will be many—that he lacked the desire to crawl over cut glass to seize the final glittering prize doesn’t understand his deepest personal motivation.

They recognise his frustration over never becoming Prime Minister, but they always misunderstand the reason he could never bring himself to seize it.

In so doing, they overlook the best of Costello, the essential character of the man who, in the end, after all the leadership bumps in the road, always subverted his own ambitions in order to help the Liberal Party win.

Who remembers who came second?, the argument goes.

But Costello has convictions that defy this orthodoxy, along with a legacy that goes well beyond the second-place holder.

He oversaw a program that paid off $96 billion in Labor debt, which drove massive gains in real wages, cut taxes and reformed the economy.

Against the odds, he introduced a consumption tax, which has massively improved the fiscal position of the States and the services they provide.

Australia became a regional strongman under his stewardship and became referred to globally as the “economic miracle.”

Under the reforms of the Coalition, Australia saw off two US recessions, defying the popular belief that if America caught a cold, Australia caught a semi-terminal flu. We withstood the Asian financial crisis, and provisioned for the future, even though that money is now spent.

The hallmark of the Costello legacy has seen Australia stand up in the face of the global financial challenge BECAUSE we started so far ahead of everyone else. We were in surplus; most of the rest of the world was in debt.

When you hear Kevin Rudd saying we are doing better than the rest of the Western world, that’s due to Peter Costello. Rudd got the gift that will keep on giving – and Australians will be the better off for it.

None of that was easy. All of it meant defying the spending desires of his colleagues, who always had a compelling reason to fund projects in their electorates using taxpayers’ cash. Costello always withstood the pressure and most of the colleagues would agree we are the better for it.

And that underscores the fatal flaw in any attempt to claim he didn’t have the ticker: to some he was not tough enough; to others who knew him better, he was too tough.

But what has been fundamentally misunderstood as part of the core Costello make-up is his deep spiritual faith, a guiding light over the course of many, many tough and difficult decisions.

What is vastly underestimated by those who will no doubt attempt to shoe-horn him into their particular pigeon-hole of political history is how important these Christian values are and will remain to him.

I know, because we discussed this subject on many occasions over many iterations of the internal leadership wrangling of the Liberal Party. Perspectives that ignore these central tenets are misinformed.

It was these convictions that guided him and despite the corrosiveness of political practice, the frustration of playing second fiddle while juggling immense ambition, it was these convictions that won out in his own internal battles.

Politics should be a mirror of what we aspire to in life, where the best values and the best characters are held up as examples to be followed. From this perspective, Peter Costello goes out a winner because in the end he refused to compromise himself.

Costello will leave at the next election without having held the one job he most wanted, but with his self respect intact.

 

17 comments

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    • Kendal Rolley says:

      08:57am | 16/06/09

      If Peter Costello is the reason Australia has one of the only ‘western’ economies that is still growing, by the same rationale it was Keating who paved the way for economic growth in the earlier years of the previous Coalition government.

      Costello inherited the tail-end of debt from a Government that had put in place a well-thought out Keynsian economic plan, the same economic principle adopted by the current Government in response to the Global Financial Crisis.  This crisis changed the global economic situation completely, and the argument that it’s all thanks to Costello not ‘stuffing-up’ in economic boom times doesn’t sit right with me.

      If Rudd loses before Labor has had a chance to pay off the current debt, and even if the Coalition adopts exactly the same debt-repayment proposed by Prime Minister Rudd, surely we will see more of this nonsense about the Liberals being better economic managers.

    • John McConachie says:

      10:32am | 16/06/09

      Kendall, how long do we have to give your Mr Rudd to pay off this record breaking debt before we are allowed to suggest that he and his team have not handled our money in a responsible manner? I for one am thankful to a man (see Costello not Keating) that has unfortunately not cushioned the fall but at least lowered the height from which we fell.

    • realto says:

      10:36am | 16/06/09

      I predicted the resignation of Costello yesterday by the way. The approaches of both Costello and Keating to reduce government debt by selling off government owned enterprises is a mixed blessing at best isn’t it? Would the government be complaining about CBA-led interest rate rises if CBA was still govt owned? Would air travellers have to endure the cold-blooded business approach of the operators of the Sydney airport? Could both Costello and Keating influenced their governments to better target spending and not so ardently bribe voters with tax cuts?

    • Kendal Rolley says:

      11:04am | 16/06/09

      John, The budget should be back in surplus by 2015-2016, fairly reasonable considering this financial crisis is the worst since the Great Depression.  The fact (and I am repeating myself here) is that we are one of the only Western nations still with a positive economic growth, which is due to Labor’s multiple stimulus and infrastructure plans.  I repeat, we are uniquely ahead of the world in economic growth.  Keynesian policies, mistrusted and attacked by the Liberals, have always worked before in economic downturns, and have already proven to be successful this time around.  As for Costello playing some part of this during his time, I suggest that any other half-sensible politician of either side of the spectrum would have handled excellent global economic conditions in a similar manner, the Libs did not do anything spectacular.  Unless Peter reveals his secret ‘recession-busting’ fund that he has squirreled away somewhere in the depths of Lake Burley Griffin, I believe he’ll be remembered as a treasurer who was blessed with strong global conditions and the ability to not stuff things up.

    • Rob says:

      11:28am | 16/06/09

      *Chuckles* Yeah, we’re ahead because Rudd spent all the money the Liberals had saved up. What an amazing plan.

    • Jenny says:

      01:10pm | 16/06/09

      I’m sorry but Peter Costello came across as self-serving and arrogant with that smirk he always had on his face.  I am glad he never became the Liberal leader. Ok ok he developed reforms and helped build Australia’s economy but in no way was he an endearing gentleman who connected with ordinary people.  I could imagine him at the opening of a childcare centre sitting there with that supercilious grin thinking “what the hell am I doing here?”.  Just my personal impression of the man.  Probably a better backroom operator than a potential leader and now is the right time for him to go.

    • Michael de Angelos says:

      01:28pm | 16/06/09

      that “wit” may have amused some guffawing backbenchers-I found it most most unfunny. His “refined ability to skewer” was followed by the attempted suicide of an MP so not sure where all that lies in respect of Costello’s Christian values. Perhaps he more a Hillsong type than we thought.

      The previous government blamed Labor until the bitter end for the countries woes especially with their “high interest rates” claims yet now they claim the credit for our survival whilst denying no part in the world-wide collapse. The reason we fair well is that despite their greed, our banks have acted responsibly. End of story.

      This hagiography attributes no faults to Costello for anything including the disastrous Work Choices but claiming credit for introducing a tax is a bit rich.

      And why shouldn’t today’s generation thrive despite a current world-wide calamity or do we always expect future generations to get it all for free ?. Not a very “Liberal” policy is it?

    • Pamela says:

      01:41pm | 16/06/09

      I’m with you here, it’s getting nastier and dirtier every year and Higgins should be no exception to the rule..!

    • Jeff Mueller says:

      02:57pm | 16/06/09

      So at whose feet do we lay the blame for the rise of the ‘haters’?  Now there’s a leading phrase- by implication the ‘Howard’ is silent. Each side is skilled at playing the politics of envy, or superiority.  I personally have a local member so expert - well actually, dogged- at this sort of thing she turns traditional Liberals off.  So maybe section the media which prefers each story to be a fresh invitation to outrage is the logical cause of this sort of posturing.

    • Adam says:

      03:52pm | 16/06/09

      Interesting comment Michael! While you state that Costello “skewer” caused a Labor MP to attempt suicide, I recall that labor backstabbers actually caused the suicide of another labor MP. The spider is more successful at eating her own than the enemy!! In regard to the Costello “legacy” - he not only didnt “stuff things up” when the going was good - he patched things up when they werent so good either - lets not forget the Asian finacial crises which was averted from our shores without having to plunge the whole economy into debt! Beazleys “black hole” was not a “well-thought out Keynsian economic plan” if it were so he would not have buried it under the carpet - only to be discovered after the libs came to power - which is why the charter of budget honesty was introduced.  H-rumph indeed!

    • Jim Hanna says:

      05:52pm | 16/06/09

      Peter Costello was blessed to be in the right place at the right time. The Hawke/Keating governments had bequeathed him an economy that John Howard begrudgingly decribed as “better than good in parts” - an economy where most of the major economic reforms had already been implemented.
      It was only possible for Peter Costello to introduce the GST after John Hewson persuaded a sizeable minority of the electorate that it was necessary and inevitable.

      Peter Costello is undoubtedly intelligent, skilful and deserves most, if not all the accolades he’s received lately.

      But history will remmber him as the Treasurer who presided over an economy swimming in tax dollars, not the Treasurer who controlled it.

    • Jim Fletcher says:

      06:01pm | 16/06/09

      Peter Costello was more responsible than most for the poor performance of the liberals at the last election. The perception and reality of a divided party was there for all to see. At no time did public opinion polls indicate that Costello was more electable than Howard. One might assume their opinion was correct, given his performance prior to, and since, that election.

    • HH says:

      03:18pm | 17/06/09

      The economic miracle that Peter Costello presided over is based on implementing well known economic liberal policies PLUS a large helping of turning Australia into a biggest open-pit mine in the world.
      What is the “boom” based on? Us exporting rock to China and buying high-tech back.
      I am not an economist, but to me this doesn’t seem the best way to ensure nation’s long term prosperity. In the age of Information we are moving to The Age of Rock. Fantastic.

    • Steve says:

      07:42pm | 17/06/09

      We all know that senior economists acknowledge Costello failed at providing Australia with a strong economic future by wasting a massive resources boom like we may never see again. This has been stated by respected company Access Economics and by the RBA. 

      Sadly he decided to waste a golden opportunity instead choosing to go on a 12 year vote buying spree in two ways

      1) creating unsustainable middle class welfare that is dramaticly increasing every year and Labor has started to reduce as is responsible.

      2) almost yearly tax cuts that was skewed toward the high and middle income earners instead of building the necessary infrastructure that now Labor has to start doing while the world is in economic crisis.

      Rudd has stated that tax cuts may not happen for some years to come as is also responsible to help towards paying for the necessary costs of the GFC and investing in health and education that Costello had ignored. The state responsibility line does not cut it with voters as all taxpayer funded government income state or federal should pay for essential services. It seems Swan has done very well in tough economic times that Costello never had and more importantly starting to change the ignorance of the previous governments poor economic management.

    • alan cotterell says:

      07:55am | 23/06/09

      Steve, I just love the comment about ‘creating unsustainable middle class welfare’!  Costello and the Howard government acted to undermine the middle class with Workchoices.  Costello is a disgraceful fanatic.  What sort of person is so fired up about unions that he would start a ratbag action such as the H.R.Nicholls Society?  Peter Costello is the sort of person who creates left wing extremists in reaction to his poison!

    • Jane says:

      04:55pm | 23/06/09

      Being a anti Howard person always felt that Costello would have been a more balanced leader. However, him having to bow down to Howard’s Way we will never really be able to judge him in true light. I sense though he would have been one our history’s better Prime Ministers.

    • Steve of Cornubia says:

      11:13am | 17/07/09

      The disclaimer above this story, outlining the author’s political persuasion (i.e. prejudice) is a damn fine idea. Could we have one for every contributor please?

 

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