Tantrum time!
The so called 'razor gang' were trying to cut back on Federal spending. Prime Minister Malcolm Fraser and Treasurer John Howard
had persuaded States' Premiers to accept a 3% cut in revenue from Federal funded revenue.
Afterwards Malcolm Fraser and John Howard said that the Premiers had missed out on an extra $70 million by not arguing hard enough.
States' Premiers left to right - Vic: Rupert Hamer, SA: David Tonkin, Tas: Doug Lowe, WA: Sir Charles Court, NSW: Neville Wran, Qld: Joh Bjelke Peterson
|
