When the former Labor prime minister Paul Keating appeared at the National Press Club in March 2023 to savage the bipartisan commitment to acquire nuclear-powered submarines under the AUKUS agreement, he did so only days after Anthony Albanese had stood alongside his British counterpart Rishi Sunak and US President Joe Biden in San Diego to announce the ‘optimal pathway’ for the agreement. Fluttering above them were the respective flags of the three nations. In the background lay berthed the USS Missouri, a Virginia class submarine lined with American sailors and festooned with its own bunting. But as Keating noted in typically pungent fashion, on that day ‘there was only one payer: the Australian prime minister … there’s three leaders standing there … [but] only one is paying … our bloke, Albo. The other two, they’ve got the band playing, happy days are here again.’

In this week’s ABR Podcast, Frank Bongiorno assesses the Albanese government, which has recently completed the first half of its first term in office. Frank Bongiorno is Professor of History at the Australian National University, President of the Australian Historical Association, and the author of books including Dreamers and Schemers: A political history of Australia. Listen to Frank Bongiorno’s ‘‘‘Thin labourism” How is the Albanese government travelling?’, published in the April issue of ABR.