Senator Helen Coonan is the Shadow Minister for Finance, Competition Policy and Deregulation and, on Tuesday 31 March 2009, addressed The Sydney Institute to put the Opposition’s case against the government’s response to the Global Financial Crisis. Reminding the audience that Australia had entered the GFC in better economic shape than comparable Western nations, thanks to the prudence and Budget surpluses of the Howard Government, she went on to argue that the Rudd Government had been caught unawares by the sudden economic downturn in 2008 and with policy that did not prepare Australia well for the global fallout.

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