1991 Australian Paul Keating Taxtralia Fleeced Dollar


1 in stock



A wonderful piece of political lampooning here in this Election Money note.

Issued by the Liberal party in the elections just prior to Keating being voted in as prime minister.

During his time as Treasurer under Bob Hawke, the Australian dollar was floated, the financial sector deregulated, certain state sector industries were privatised, a capital gains tax was introduced, and a Prices and Incomes Accord was struck. In 1990 he was elected Deputy Leader of the Labor Party and made Deputy Prime Minister.

Keating later challenged Hawke for the leadership in June 1991 and resigned from the ministry following his defeat. Six months later he challenged Hawke again, this time successfully, and subsequently became Prime Minister. He would go on to deliver the Labor government a record fifth consecutive victory and a record 13 years in government.

This piece of Election Money is quite rare and a great item from the turbulent political history of the time.

Additional information



Please see the pictures

Approx same size as the original one dollar banknote.

The note is pristine as new condition. 

With 25+ years of age, it is really coming into its own as a desirable collectible.


The sharp-tongued former Prime Minister is as famous for his linguistic flair as he is for his love of Italian suits. Read some of his most memorable quotes.

The sharp-tongued former Prime Minister is as famous for his linguistic flair as he is for his love of Italian suits. Read some of his most memorable quotes.

On the Senate: “I would forbid him going to the Senate, to account to this unrepresentative swill over there…”

On the economy: “The accounts do show that Australia is in a recession. The most important thing about that is, is that this is the recession that Australia had to have.”

To Malaysian PM: “APEC is bigger than all of us – Australia, the U.S. and Malaysia and Dr. Mahathir and any other recalcitrants.”

On John Howard “The little desiccated coconut is under pressure and he is attacking anything he can get his hands on”

On John Howard “What we have got is a dead carcass, swinging in the breeze, but nobody will cut it down to replace him.”

On Howard’s 1996 election campaign: “Soon we will be at the stage where he will be offering us a free set of steak knives.”

On Peter Costello: “The thing about poor old Costello is he is all tip and no iceberg.”

On Peter Costello: “He’s the greatest L plater of all time.”

On Wilson Tuckey: “You boxhead you wouldn’t know. You are flat out counting past ten.”

On John Hewson: “(His performance) is like being flogged with a warm lettuce.”

On Andrew Peacock: “I suppose that the Honourable Gentleman’s hair, like his intellect, will recede into the darkness.”

On Andrew Peacock: “We’re not interested in the views of painted, perfumed gigolos.”

On Andrew Peacock: “Can a soufflé rise twice?”

To Richard Carleton: “You had an important place in Australian society on the ABC and you gave it up to be a pop star…with a big cheque…and now you’re on to this sort of stuff. That shows what a 24 carat pissant you are, Richard, that’s for sure.”

On Jim Carlton: “I was nearly chloroformed by the performance of the Honorable Member for Mackellar. It nearly put me right out for the afternoon.”

On the Libs: “Mr Speaker can I have some protection from the clowns on the front bench?”

On the Libs: “Those opposite could not operate a tart shop”

On Steele Hall: “The Honorable Member has been in so many parties he is a complete political harlot.”

To former ALP MP Jim McClelland: “That you Jim? Paul Keating here. Just because you swallowed a fucking dictionary when you were about 15 doesn’t give you the right to pour a bucket of shit over the rest of us.”

By Shalailah Medhora for SBS News – August 2013

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