Anthony Albanese has a hat but does he have a rabbit?
For a government elected only two-and-half years ago, the decline in Labor’s fortunes has been steep, and directly proportional to cost-of-living pressures that have driven out of power incumbents around the globe.
On May 22, 2007, two weeks after his government handed down what was to be its final budget, John Howard sent shockwaves through the ranks when he effectively declared all hope was lost.
With the post-budget polls showing no bounce whatsoever for the embattled government, Howard delivered to the Coalition party room his fabled “no rabbit, no hat” speech.
Phillip CooreyPolitical editorPhillip Coorey is the political editor based in Canberra. He is a two-time winner of the Paul Lyneham award for press gallery excellence. Connect with Phillip on Facebook and Twitter. Email Phillip at pcoorey@afr.com
