11 March 1996 - 3 December 2007
Transcript No. 2001/024
Hon. Peter Costello MP
Waterfront Place, Brisbane
Monday, 19 March 2001
9.50 am (local time)
SUBJECTS: Ryan by-election, BHP
Treasurer, are you going to make economic policy kinder and gentler?
Obviously the result of the by-election in Ryan has shown a swing against the Government and its a substantive swing, but the outcome is not yet known. And it could well be that Bob Tucker wins in Ryan. And I hope that he does. So weve got to take on board the messages, people have spoken, the Government needs to take that on board. But well be continuing to deliver good economic policy. I can assure you of that. I think one of the risks that people saw in Ryan was the risk of a Labor Party which is absolutely ill-equipped for Government. You had Mr Beazley saying on radio this morning, this is what he said on radio this morning, he said if you dont have any policies, the issue of how you can afford them doesnt arise.
Are you happy to keep BHP ..
So hes either got a policy he cant afford or he can afford it because he hasnt got a policy.
Are you happy to keep BHP headquarters in Melbourne?
Actually, I think its a very good announcement, that youre going to have a major resource company headquartered in Melbourne with a (majority) Australian board.