If Jim Chalmers can deliver on his big picture, Australia will win on a global scale. If not, the title of Christopher Malouf’s Archibald Prize portrait will be vindicated.
The portrait of Jim Chalmers just submitted for the Archibald Prize shows a man who’s not lacking confidence, affable yet somehow anxious. He’s dressed conservatively in suit and tie yet wears incongruently colourful cloth bracelets from a Hindu temple on one wrist.
Keating’s darkly unflinching gaze conveys his relentless quest for dominance. The background is the same sombre burgundy with which Keating painted his Sydney office, a shade that replicates exactly the inside of a pharaoh’s tomb. This is a persona fully formed at the end of his political life, and it’s fierce. The Keating portrait, by Robert Hannaford, won the Archibald in 1998.AFR
It has to be. The essence of the Hawke-Keating program in the ’80s and ’90s was to remove barriers to market forces; once they’re gone, you can’t knock them down again. “It’s huge,” observes Rod Sims, a former economic adviser to Bob Hawke and now ANU professor and chair of the Superpower Institute. “It’s the centrepiece of the government’s economic and climate strategies.”Chalmers has given his project a name: “My predecessor Paul Keating talked about creating Australia’s third economy,” following the colonising economy of early settlement then the era of protectionism that followed. Keating’s third phase was one of an open and competitive economy.
The government is investing billions to make cruise missiles in Australia, which clearly falls into this category. We don’t yet know. As Rod Sims points out: “You can justify too much under this heading. There’s a huge number of products we need to import into Australia. You need a very careful assessment.”
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