Paul Keating Biography

(Former Prime Minister of Australia (1991 - 1996))

Birthday: January 18, 1944 (Capricorn)

Born In: Darlinghurst, Australia

Paul John Keating was the 24th Prime Minister of Australia who held the post from December 1991 to March 1996. He had been in politics for long before his career culminated in his being chosen the Prime Minister. The Keating government in Australia is credited to have ushered in a new era of economic growth that led to a higher standard of living for the citizens. Keating, who had previously served as the Treasurer had a major role to play in shaping the country’s financial system and economy. The highly intelligent politician introduced policies for building economic competitiveness and deregulating Australia’s economy. He always had an inherent interest in politics and entered the parliament when he was just 25 years of age—making him one of the youngest federal parliamentarians. He went on to be appointed the Treasurer during the Hawke Government and successfully challenged Hawke for the Labor leadership later on. After becoming the Prime Minister he implemented a succession of progressive reforms which aimed at dismantling trade barriers, regulating industries and adoption of tax reforms. He stepped down from the post in 1996 post his defeat to John Howard. He became a successful businessman after his retirement from politics.
6
Quick Facts

Australian Celebrities Born In January

Also Known As: Paul John Keating

Age: 80 Years, 80 Year Old Males

Family:

Spouse/Ex-: Annita van Iersel

father: Matthew Keating

mother: Minnie

siblings: Anne Keating

children: Alexandra Keating, Caroline Keating, Katherine Keating, Patrick Keating

Prime Ministers Political Leaders

Height: 6'0" (183 cm), 6'0" Males

political ideology: Leader of the Labor Party

Notable Alumni: De La Salle Catholic College

More Facts

education: De La Salle Catholic College

  • 1

    What are Paul Keating's notable achievements during his time as Prime Minister of Australia?

    Paul Keating implemented significant economic reforms, including the introduction of compulsory superannuation, floating the Australian dollar, and initiating the Native Title Act.
  • 2

    What was Paul Keating's role in the Australian Labor Party before becoming Prime Minister?

    Paul Keating served as Treasurer under Prime Minister Bob Hawke before succeeding him as Prime Minister in 1991.
  • 3

    How did Paul Keating contribute to the advancement of Indigenous rights in Australia?

    Paul Keating delivered the historic Redfern Park Speech in 1992, acknowledging the mistreatment of Indigenous Australians and calling for reconciliation between Indigenous and non-Indigenous Australians.
  • 4

    What was Paul Keating's stance on Australia's relationship with Asia?

    Paul Keating advocated for closer ties with Asia and promoted Australia's engagement with the region through initiatives such as the Asia-Pacific Economic Cooperation (APEC) forum.
Childhood & Early Life
He was born to Matthew Keating and his wife Minnie. His family was Irish Catholic. His father was a leading local Labor Party member and young Paul inherited his father’s political interests.
He was educated at De La Salle College from where he obtained his Intermediate Certificate in 1958. However, he did not receive any formal education after the age of 15 and started working as a clerk at Sydney’s electricity authority.
He joined Young Labor, a group of politically inclined young people who met and discussed the current political issues.
Continue Reading Below
Career
He joined the Australian Labor Party (ALP) as soon as he was eligible for membership. He became president of the ALP’s Youth Council in 1966.
He came in contact with a number of major politicians of those days and with their help he gained the Labor endorsement for the seat of Blaxland and was elected to the House of Representatives in 1969.
He became the Minister for Northern Australia in the Whitlam cabinet in 1975. Soon, he was promoted to the post of an opposition spokesman in 1976 and he gained a reputation for being an aggressive debater.
In 1981, he became the President of the New South Wales Labor Party.
He was appointed the Treasurer of Australia under the Prime Minister Bob Hawke in 1983, a position he held until 1991. He implemented several macro and microeconomic reforms including the deregulation of the financial sector, taxation reforms, and dismantling of several trade barriers.
The Australian economy grew at a fast pace during the 1980s but by the end of the decade the inflation rate had reached 9%. His policies were criticized when the country experienced recession in the 1990s. Keating defended himself by saying that recession ended the inflation problem.
He challenged Prime Minister Bob Hawke in December 1991 and defeated him by 56 votes to 51. He was sworn in as the 24th Prime Minister of Australia on 20th December 1991.
He continued implementing the progressive reforms he had undertaken as the Treasurer. He established labor market and training reforms to address the problem of high unemployment Australia was facing at that time.
Some of his major achievements are: review of the Sex Discrimination Act and the establishment of the Australian National Training Authority (ANTA). His role in the setting up of the Asia-Pacific Economic Cooperation Forum (APEC) was also very significant.
Continue Reading Below
He delivered the legendary Redfern Speech on Aboriginal reconciliation in December 1992. This speech is considered to be one of the greatest ever delivered in the political history of Australia.
Keating was keen on building favourable international relations with countries throughout Asia, especially China, India, Malaysia, and Indonesia and in developing bilateral trade relations with these nations.
In March 1996, the Australian Labor Party was defeated and Keating resigned as the Prime Minister. Post his retirement, he became a successful businessman and held the position of a director in various companies.
Major Works
As the 24th Prime Minister of Australia, Keating is credited to have developed better trade relations with neighboring countries; he is also credited to have brought about a higher standard of living in the country by implementing progressive training, employment, deregulation and taxation reforms.
Awards & Achievements
All the former Prime Ministers of Australia since 1975 were appointed as a Companion of the Order of Australia—an honour offered to him in 1997 which Keating declined.
Personal Life & Legacy
He married Annita van Iersel, a Dutch flight attendant in 1975 and had four children with her. The couple separated in 1998. His daughter Katherine Keating is a former adviser to New South Wales minister Craig Knowles.
Facts About Paul Keating
Paul Keating is known for his love of flamboyant fashion, often seen wearing colorful and bold suits during his time in office.
Keating was a passionate collector of antique clocks and was known to have an impressive collection in his home.
Despite his tough exterior in politics, Keating has a softer side and is an avid fan of classical music, particularly opera.
Keating is a skilled artist and has been known to paint in his spare time, with a particular interest in landscapes and seascapes.
He is also a keen sports enthusiast, with a love for rugby and cricket, and has been spotted attending games and matches in support of his favorite teams.

See the events in life of Paul Keating in Chronological Order

How To Cite

Article Title
- Paul Keating Biography
Author
- Editors, TheFamousPeople.com
Website
- TheFamousPeople.com
URL
https://www.thefamouspeople.com/profiles/paul-keating-4045.php

People Also Viewed

Anthony Albanese Biography
Anthony Albanese
(Australian)
 
Julia Gillard Biography
Julia Gillard
(Australian)
 
Scott Morrison Biography
Scott Morrison
(Australian)
 
Tony Abbott Biography
Tony Abbott
(Australian)
 
Malcolm Turnbull Biography
Malcolm Turnbull
(Australian)
 
Penny Wong Biography
Penny Wong
(Australian)
 
Pauline Hanson Biography
Pauline Hanson
(Australian)
 
Peter Garrett Biography
Peter Garrett
(Australian)