Part 1/10:

The Economic Management Debate: Labor vs. Liberal

In every Australian election, the eternal question arises: Who are the better economic managers, Labor or Liberal? The claims often thrown around include the assertion that Liberals excel at managing the economy, that Labor incurs significantly higher spending, and that taxes are invariably lower under Conservative governance. This article delves into a detailed analysis of five decades’ worth of economic data to scrutinize these claims, presenting a nuanced look at Australia's economic history under both major parties.

Historical Context

To unpack these claims, we must explore the economic policies of both parties over three distinct periods. For the Labor Party, the periods span:

Gough Whitlam in the 1970s