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The Honorable Paul Keating, Former Prime Minister of
Australia
Paul Keating was Prime Minister of Australia from December
1991 to March 1996. As Prime Minister, Paul Keating turned Australia's
focus away from their traditional ties with Europe and the United States
towards Asia, their nearest neighbors and the fastest growing region in
the world. Mr. Keating was able to further pursue the micro-economic reform
agenda he set as Treasurer, including the deregulation of the airline
and telecommunications industries, a national standard gauge rail highway
and the establishment of a National Electricity Grid Corporation. On 2
March 1996 the Labor Party was defeated in the Federal Election. Mr. Keating
relinquished the leadership of the parliamentary party and resigned from
Parliament on 23 April 1996. In May 1996, he was appointed as a visiting
professor at the University of New South Wales with a special relationship
with the University's Asia-Australia Institute.
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