Previously he was with Macquarie University (1992–2007), He has also been Chief Economist at Colonial State Bank (1987–91), and Economist with the Reserve Bank of Australia (1980–86).
Labor's election promises included making the supply of state housing a top priority, reviving the State Bank which had been under the control of the federal government since 1932 and revitalizing the state's railways including the long delayed Eastern Suburbs line.
Swan graduated from the University of Sydney in 1939, having studied part-time while working at the Rural Bank.
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