{"id":394896,"date":"2019-02-01T21:55:06","date_gmt":"2019-02-01T20:55:06","guid":{"rendered":"http:\/\/rinf.com\/alt-news\/newswire\/australias-financial-press-promotes-labors-shadow-treasurer\/"},"modified":"2019-02-01T21:55:06","modified_gmt":"2019-02-01T20:55:06","slug":"australias-financial-press-promotes-labors-shadow-treasurer","status":"publish","type":"post","link":"https:\/\/rinf.com\/alt-news\/newswire\/australias-financial-press-promotes-labors-shadow-treasurer\/","title":{"rendered":"Australia\u2019s financial press promotes Labor\u2019s shadow treasurer"},"content":{"rendered":"<div id=\"content\">\n<h3 class=\"nomargin\">\u00a0<\/h3>\n<h2>Australia\u2019s financial press promotes Labor\u2019s shadow treasurer<\/h2>\n<h5>\n<p>    By<br \/>\n    Mike Head<br \/>\n    <br \/>1 February 2019<\/p>\n<\/h5>\n<p>As the Liberal-National Coalition government, currently headed by Prime Minister Scott Morrison, is torn apart by factional warfare, Australia\u2019s primary financial newspaper has again hailed the Labor Party\u2019s shadow treasurer Chris Bowen.<\/p>\n<p>\u201cHow Chris Bowen plans to emulate hero Keating as a reformist treasurer,\u201d was the headline on an <em>Australian Financial Review<\/em> background piece last weekend, in which Bowen restated his determination to match former Labor Treasurer and Prime Minister Paul Keating\u2019s record from 1983 to 1996 by further restructuring the economy in the interests of big business.<\/p>\n<p>The promotion of Bowen as a potential \u201cnew Keating\u201d is another warning of Labor\u2019s preparations to return to office as a totally committed pro-business government, while posturing as a champion of a \u201cfair go\u201d for workers in order to head off explosive social discontent.<\/p>\n<p>Both the <em>Australian Financial Review<\/em> and the <em>Australian<\/em>, the other main print media mouthpiece of the capitalist class, ran \u201cnew Keating\u201d promotions of Bowen last February, as the Coalition government, then headed by Malcolm Turnbull, began to implode.<\/p>\n<p>At that time, the WSWS <a href=\"https:\/\/www.wsws.org\/en\/articles\/2018\/02\/28\/labo-f28.html\">warned<\/a>: \u201cThe Labor Party is being groomed, and grooming itself, to again impose on the working class an all-out assault on jobs, working conditions and basic rights, in the name of \u2018economic reform,\u2019 as it did in close partnership with the trade unions under Prime Minister Bob Hawke and Treasurer (later Prime Minister) Keating.\u201d<\/p>\n<p>Twelve months on, and nearly six months since the Liberal Party\u2019s most right-wing elements ousted Turnbull and installed Morrison, the tensions engulfing the Coalition and the parliamentary&#8230;<\/p>\n<\/div>\n<p><a href=\"http:\/\/www.wsws.org\/en\/articles\/2019\/02\/01\/bowe-f01.html\">Read more<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u00a0 Australia\u2019s financial press promotes Labor\u2019s shadow treasurer By Mike Head 1 February 2019 As the Liberal-National Coalition government, currently headed by Prime Minister Scott Morrison, is torn apart by factional warfare, Australia\u2019s primary financial newspaper has again hailed the Labor Party\u2019s shadow treasurer Chris Bowen. \u201cHow Chris Bowen plans to emulate hero Keating as [&hellip;]<\/p>\n","protected":false},"author":2526,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[519],"tags":[],"class_list":{"0":"post-394896","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-newswire"},"_links":{"self":[{"href":"https:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts\/394896","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/users\/2526"}],"replies":[{"embeddable":true,"href":"https:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/comments?post=394896"}],"version-history":[{"count":0,"href":"https:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts\/394896\/revisions"}],"wp:attachment":[{"href":"https:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/media?parent=394896"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/categories?post=394896"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/tags?post=394896"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}