Politics with Michelle Grattan: Wayne Swan on a ‘dramatically different’ political contest

Next week, Labor will hold its 50th national conference in Adelaide. After the party’s record 94-seat win at last year’s federal election, its members should have plenty to celebrate. Yet since that election, both Labor and the Coalition have watched their support erode, largely in favour of One Nation. Labor’s national president, Wayne Swan, saw the danger signs last year. Swan was treasurer in the Rudd-Gillard government, including through the global financial crisis. He was also deputy…