Australian Left Review

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Comment: ALR 57

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Abstract

Moving into its second year of office the Fraser government is in serious trouble. Its economic policy stands in tatters before the realities of continued inflation and everhigher levels of unemployment. Many who voted for Fraser in December ’75 solely because they thought he would solve the economic problems - which the media said had been caused by Labor’s blunders - are beginning to see that Fraser has no answers either. Meanwhile the crisis of ruling class policy is producing huge cracks in the conservative coalition. The blistering attack on Fraser by Queensland leader Knox, stems from an opportunist desire to dissociate the Queensland government from Fraser in preparation for state elections this year. But it also reflects real divisions and loss of confidence among conservative forces who represent the interests of capital.

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