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Some advice for Mr Downer



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TREASURER

PRESS

RELEASE NO.

EMBARGO

SOME ADVICE FOR MR DOWNER

The new Opposition Leader is already using the tired rhetoric of the man he replaced.

Dr Hewson's post-Fightback contribution to political debate was to repeatedly accuse the Government of lying.

Mr Downer is at the same game: abuse, invective and vitriol, masquerading as political debate.

It didn't work for Dr Hewson, and it won't work for his successor.

Mr Downer's statement today entitled 'Reserve Bank reveals Labor's deceit' is nonsense.

As I have said before, at some stage of the economic recovery interest rates will increase. That stage has not yet arrived. The Governor of the Reserve Bank and I have said this on a number of occasions. It does not warrant the cheap comments Mr Downer made today.

The Opposition Leader would better use his time producing his 'directional document' which presumably Will explain how he plans to increase spending and reduce taxes but lower the deficit.

CANBERRA 24 May 1994

COMMONWEALTH PARLIAMENTARY LIBRARY MICAH