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The Labor Government's Powers Are Growing | Peter Costello
Posted
July 2, 2026
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0:26Now PlayingPeter Costello on how more tax, more borrowing, and more debt strip liberty from the individual to grow the state.
#PeterCostello #Taxation #GovernmentDebt #BigGovernment #FiscalPolicy #Liberty #Economics
The Hon Peter Costello AC served as the Federal Member for Higgins for seven consecutive terms. He was Deputy Leader of the Liberal Party from May 1994 to November 2007, and was Treasurer from March 1996 to December 2007. He brought down twelve consecutive Federal Budgets, including ten surpluses, and eliminated Commonwealth Government debt in net terms.
He has served in various senior governance roles including as Chairman of the Independent Advisory Board to the World Bank, Chairman of the Australian Future Fund and Chairman of Nine Entertainment Co. He is a highly respected commentator on social and economic issues. Prior to his political career, he worked as a solicitor and barrister at leading firms in Melbourne.
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