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Bob Hawke

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Bob Hawke
© Commonwealth of Australia 2011 / CC BY-SA 3.0 au · resizedfile
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Hawke's 1983 Prices and Incomes Accord with the unions traded wage restraint for Medicare, superannuation and tax cuts, while his government floated the dollar and cut tariffs with treasurer Paul Keating. Supporters call it a model of consensual market reform; left critics say it weakened union power.
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