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Peter Costello
Australia's longest-serving Treasurer (1996–2007) who led major tax reform including the introduction of the GST and speaks here about that experience, policy design, and the 2004 baby bonus.
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Nov 2, 2025
• 1h 39min
Australia's last great act of economic courage — Peter Costello
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Peter Costello, Australia's longest-serving Treasurer, shares fascinating insights from his tenure. He recounts the complex implementation of the Goods and Services Tax (GST) and cleverly locking in state support to pass it. Costello reveals secrets behind his successful cabinet presentations and the extensive stakeholder outreach required to mitigate opposition. He also discusses the impact of the 2004 baby bonus on fertility rates and reflects on why major reforms have become increasingly difficult since 2000.
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