The Prices and Incomes Accord was agreed on by the prime minister who was the leader of the Labor Party when?
Prices and Incomes Accord The Prices and Incomes Accord was an agreement between the Australian Council of Trade Unions and the Australian Labor Party government of Prime Minister Bob Hawke and Treasurer (later Prime Minister) Paul Keating in 1983. Employers were not party to the Accord. Unions agreed to restrict wage demands and the government pledged to minimise inflation. The government was also to act on the social wage. At its broadest this concept included increased spending on education as well as welfare.
Australian federal election, 1987 Federal elections were held in Australia on 11 July 1987, following the granting of a double dissolution on 5 June by the Governor-General Sir Ninian Stephen. Consequently, all 148 seats in the House of Representatives as well as all 76 seats in the Senate were up for election. The incumbent Australian Labor Party, led by Prime Minister Bob Hawke, defeated the opposition Liberal Party of Australia, led by John Howard and the National Party of Australia led by Ian Sinclair.