We’ve had “Spend, Spend” budgets, “Cigs, Grog Up” budgets, “Election” budgets, “Hit the Brakes” budgets and “Horror” budgets.
After delivering a cracker version of the latter, Arthur Fadden, treasurer in the Menzies Coalition government, declared he could have a meeting with all his friends in a telephone box.
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Andrew Clark was a senior writer at The Australian Financial Review.