The Australian government seemed to be boldly seizing the initiative to defend Australia's energy resources against a background of worsening international events. As other old colonies across the sea rose up and nationalised their oil reserves, there are signs that the Whitlam Government was planning to do the same, when it was cut down. When I was engaged in a research thesis that I finished in 2002, I approached the history of the Whitlam government at an angle from which it had not previously been approached. This article is based on an extract from Sheila Newman, The Growth Lobby and its Absence in Australia and France, 2002. (This is a new URL that does not require log-ins)
Australia's mineral resources rightly belong to this and future generations of Australians, not to foreign corporations. This was what Labor Energy Minister Rex Connor was trying to bring about with the AU$4billion loan that he tried to secure in 1974.