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Neoliberalism was introduced into Australia under the Hawke/Keating Government - Senate 2.8.23
The Hawke Keating Government introduced many policies that destroyed Australia’s sovereignty.
• In 1983 Hawke got the High Court to rule that Foreign Treaties should override the State governments
•In 1985 Keating lifted all foreign capital controls allowing banks to borrow offshore and lend recklessly against houses pushing house prices from 4 times earnings to 12 times earnings today. This is turn forced two parents back to work and children into childcare.
•In 1985 the Button plan destroyed manufacturing
• In 1990 the Dawkins plan allowed everyone to go to university. This destroyed our skills sector and TAFE colleges. Our children become brainwashed with Marxism and were virtually bankrupt with HECs in their early 20’s. This is the reason why we also have high immigration today as we have to import migrants who are actually skilled in a trade.
•In 1992 Keating introduced Superannuation that ensured that people on low incomes would never get to control any of their hard earned savings and would remain enslaved by bank debt on their house which is now 3 times more expensive on an earnings basis.
Big banks are being empowered while financial independence has been destroyed.
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