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About Wayne Swan
Wikipedia
Wayne Maxwell Swan (born 30 June 1954) is an Australian politician. He has been an Australian Labor Party (ALP) member of the Australian House of Representatives from 1993 to 1996, and again since 1998, representing the Division of Lilley, Queensland. Following Labor's win at the 2007 election, he became Treasurer of Australia in the Rudd Cabinet. Full Article
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This combo photo shows Australian Prime Minister Kevin Rudd (L) talking at a function at Government House in Sydney on April 17, 2009, Treasurer Wayne Swan (C) attending the Australian Labor Party's first caucus meeting in Canberra on November 29, 2007 and the then chairman of the Austr...
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Reuters Pictures
Australia's Finance Minister Wayne Swan arrives prior to the G20 Finance Ministers meeting at a hotel near Horsham, in southern England March 13, 2009.
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Reuters Pictures
Australian Treasurer Wayne Swan gestures during a news conference at Parliament House in Canberra March 4, 2009.
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Reuters Pictures
Australian Treasurer Wayne Swan gestures during a news conference at Parliament House in Canberra March 4, 2009.
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Reuters Pictures
Australian Treasurer Wayne Swan gestures during a news conference at Parliament House in Canberra March 4, 2009.
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Reuters Pictures
Australian Treasurer Wayne Swan gestures during a news conference at Parliament House in Canberra March 4, 2009.
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Australian Finance Minister Wayne Swan (R) listens to his unseen Singapore counterpart Tharman Shanmugaratnam speaks during the official dinner for finance ministers in the Asia-Pacific Economic Cooperation (APEC) in Singapore on November 12, 2009.
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Thailand's Finance Minister Korn Chatikavanji (L), International Monetary Fund's Managing Director Dominique Strauss-Kahn (C) and Australia's Treasurer Wayne Swan attend the Finance Ministers Meeting Official Dinner during the APEC Summit in Singapore November 12, 2009.
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Australian Minister Wayne Swan (L) addresses a press conference by Asia-Pacific Economic Cooperation (APEC) finance ministers in Singapore on November 12, 2009, on the sidelines of the APEC summit.
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IMF managing director Dominique Strauss-Kahn (L) talks with Chilean Maria Olivia Recart (R) and Chairmen of FMM Tharman Shanmugaratnam (C) as Haruhiko Kuroda ( 2nd row L) of Asian Development Bank, Australia's Wayne Swan and Vietnam's Tran Xuan ha look on prior to a group photograph of...
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Chilean Maria Olivia Recart (FRONT/R) talks with Charimen of FMM Tharman Shanmugaratnam (C) as Australia's Wayne Swan (L) and Vu Van Ninh of Vietnam look on among finance and trade ministers as they for a group photograph during a break at a plenary meeting in the Asia-Pacific Economic...
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Chilean Maria Olivia Recart (FRONT/R) talks with Charimen of FMM Tharman Shanmugaratnam (C) as Australia's Wayne Swan (L) and Tran Xuan Ha of Vietnam look on among finance and trade ministers as they for a group photograph during a break at a plenary meeting in the Asia-Pacific Economic...
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Finance and trade ministers (BACK ROW, L-R) Ricardo Ochao of Mexico, China's Zhu Guangyao, Brunei's Pehin Dato Abd Rahman, Wayne Swan of Australia, Vietnam's Tran Xuan Ha, Robert B. Zoellick of World Bank, Thailand's Korn Chatikavanji, Malaysia's Ahmad Husni, Japan's Shinichito Furumoto...
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Finance and trade ministers (BACK ROW, L-R) Ricardo Ochao of Mexico, China's Zhu Guangyao, Brunei's Pehin Dato Abd Rahman, Wayne Swan of Australia, Vietnam's Tran Xuan Ha, Robert B. Zoellick of World Bank, Thailand's Korn Chatikavanji, Malaysia's Ahmad Husni, Japan's Shinichito Furumoto...
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Finance and trade ministers (BACK ROW, L-R) Ricardo Ochao of Mexico, China's Zhu Guangyao, Brunei's Pehin Dato Abd Rahman, Wayne Swan of Australia, Vietnam's Tran Xuan Ha, Robert B. Zoellick of World Bank, Thailand's Korn Chatikavanji, Malaysia's Ahmad Husni, Japan's Shinichito Furumoto...
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AP Photo
Australia's finance minister Wayne Swan right, chats with U.S. Secretary of the Treasury Timothy Geithner after a official photo for APEC Finance Ministers in Singapore, Thursday, Nov. 12, 2009. Singapore will host 21 world leaders at the APEC summit later in the week.
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AP Photo
Australia's finance minister Wayne Swan right, chats with U.S. Secretary of the Treasury Timothy Geithner after a official photo for APEC Finance Ministers in Singapore, Thursday, Nov. 12, 2009. Singapore will host 21 world leaders at the APEC summit later in the week.
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Australian Treasurer Wayne Swan (L) listens as Indonesian Finance Minister Sri Mulyani Indrawati speaks at a news conference following a bilateral meeting and a presentation of a joint draft study on climate change policy in Indonesia during a ceremony in Jakarta on November 10, 2009.
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Indonesian Finance Minister Sri Mulyani Indrawati (L) and Australian Treasurer Wayne Swan (R) arrive at a press conference following a bilateral meeting and a presentation of a joint draft study on climate change policy in Indonesia during a ceremony in Jakarta on November 10, 2009.
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Australian Treasurer Wayne Swan (L) and Indonesian Finance Minister Sri Mulyani Indrawati (R) reach out to shake hands following a bilateral meeting and a presentation of a joint draft study on climate change policy in Indonesia during a ceremony in Jakarta on November 10, 2009.
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Reuters Pictures
Indonesian Finance Minister Sri Mulyani Indrawati (L) greets Australian Treasurer Wayne Swan before a meeting in Jakarta November 10, 2009.
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Indonesian Finance Minister Sri Mulyani Indrawati (L) greets Australian Treasurer Wayne Swan before a meeting in Jakarta November 10, 2009.
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Reuters Pictures
Australia's Finance Minister Wayne Swan arrives to attend the G20 Finance Ministers meeting at a hotel in St. Andrews, Scotland November 6, 2009.
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British Chancellor of the Exchequer Alistair Darling (L) is followed by Dutch Finance Minister Wouter Bos (2nd L), Australian Treasurer Wayne Swan and Jean-Claude Trichet (R), President of the European Central Bank (ECB), after a group photo at the G20 Finance Ministers summit in London...
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The President of the World Bank, Robert Zoellick (R) and Australia's Treasury Minister, Wayne Swan, arrive for the dinner of the G20 Finance Ministers' meeting at the Guildhall in the City of London, September 4, 2009.
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Reuters Pictures
Australia's Finance Minister Wayne Swan arrives prior to the G20 Finance Ministers meeting at a hotel near Horsham, in southern England March 13, 2009.
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While Australia has come through the worst of the global recession in a stronger position than other advanced economies, we know that the job is far from finished and the challenges ahead will be just as difficult as those just passed
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When the government borrows and spends with the Paris Hilton-type recklessness of Kevin Rudd and Wayne Swan then inevitably they are going to raise taxes to pay for it
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Stimulus, both fiscal and monetary, has meant Australia has avoided the permanent skills and capital destruction that generally accompanies deep downturns and has meant less permanent damage to our economy
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We have Wayne Swan saying the Paris Hilton spending from the Rudd government has to continue with renewed energy
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In Australia's case, our economic stimulus peaked in the middle of this year and is being gradually withdrawn as we go through the rest of the year
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If we were to simply withdraw stimulus that would pull the rug out from under recovery and that would result in far higher unemployment
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When you look at the United States economy where unemployment has hit something like 10 per cent plus, you've got the British economy which has had something like six quarterly contractions in a row ... people here are cautious
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Our economy is stronger, our unemployment is lower, and the budget position has improved substantially from the forecasts in the May budget
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We need to ensure we are not unfairly locking people out of work ... We need to maximize the investment we can bring to Australia. Taxes like stamp duty or insurance duty discourage people from making rational decisions such as moving home to be near a better job or downscaling when they retire.
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What Australia has achieved is something special. We have avoided the destruction of our capital and our skills base that is usually accompanied by a sharp recession
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Because of the efforts of Australians, combined with the actions taken by the government and the Reserve Bank, our forecasts for growth and unemployment will be better
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Despite the improved outlook, the global recession has still had a marked effect on the Australian economy and challenges remain
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Our forecasts for growth and unemployment will be better
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Inflation is expected to remain low over the near term, as the full impacts of the global recession continue to be felt in the domestic economy, which is expected to operate below capacity for some time
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It's hard to figure out what the opposition is doing because essentially they are populated by climate change dinosaurs
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I can see that there is some sledging going on from the Liberal and National parties. This is just all about hiding their embarrassment about the fact that they let Australia down when they voted against our stimulus package in the parliament back in February
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Polls do come and go and I note there's a bit of speculation about who's got support for what in the Liberal Party, but, whether it's Malcolm or Tony or Joe, every single one of them voted against the stimulus package in the parliament
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Mr Turnbull likes to talk about fiscal responsibility, but this Treasury analysis reveals a $3.2bn black hole in his own climate change costings
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If the Liberal and the National party had their way, Australia would be in a recession right now
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While Australia has outperformed every advanced economy throughout this global recession, now is not the time for victory laps or for ripping out the stimulus
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The effects of the global recession will be felt in Australia for some time to come. There are ongoing negative implications for the budget and of course further rises in unemployment
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Along with climate change, this is the most important challenge we face
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Our projections suggest that Australia's population could be larger and younger than presented in previous IGR projections
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What (the Fed chairman) was actually pointing to was a ray of light in the United States, but then saying there was a long, long way to go
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We certainly agree with President Obama that the job is far from finished
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