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Battle over windfalls in ‘hold my beer’ election that consigns fiscal rectitude to history books

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There was a time when the political class strived to balance budgets after lean years.

Seemingly long forgotten, as all sides embark on an election spending splurge, between 2010 and 2012 then Labor treasurer Wayne Swan fought a Sysephean battle to restore fiscal credibility.

Having run up big…



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