The John Hyde Archives

Historic archive of articles and newspaper columns written by former Australian politician John Hyde OAM.

Fraser's Budget error - not enough Thatcher


  • During the 82/83 years, the treasury expects gross product to fall and likewise, real wage earnings should also fall. If not, unemployment will increase.
  • Only if a UK type strategy is adopted, which is a long-term strategy of growing real product demand faster than real wage increases.