The Greens face a historic threat

The two years ahead will be a critical test for the party built up over an unprecedented period of economic prosperity.

How rich we all felt back in 2007, when barbeque banter was about making a motza in the property market and when the clouds of the sub-prime crisis were still far away.

During the 11 years of the Howard government, GDP per capita had risen 30 per cent in real terms and when added to the wealth effect of rising house prices that made middle-Australians feel wealthier than they had ever done.

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