Australians had a choice last week between a tax cut and a Prime Minister with all the earthy charm of Actor Paul Hogan in the hit film Crocodile Dundee. The good ole boy won. By an estimated 20-seat margin, voters returned Prime Minister Bob Hawke's Labor Party to power for a record third straight term.
John Howard, 48, leader of the opposition Liberal Party, had wooed the electorate by vowing to cut the top tax rate from 49% to 38%. Hawke, 57, called for continued "economic responsibility" to allow him to complete the job of modernizing the nation's industry. Hawke's companionable...
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