FUNDS SINK IN WAKE OF LIQUIDITY DRAIN.

Agnelli had read them, too. They were spread across his desk in front of him. He’d been sitting there, staring down at them, for what felt like a very long time. I knew that because I’d been watching him ever since he’d arrived. He told Trish he was not to be disturbed, shut his door and sank into his seat like a condemned man assessing the comfort of the electric chair.

A minister is rarely alone and almost never lost in silent contemplation. It was a sight to behold. From time to time, Angelo’s leonine head would rise and he would peer over at me. I was pretending to read Craft Annual. His hand would extend towards the phone, hover, then withdraw. His fingertips would drum on the desktop. His gaze would again lower.

Eventually, the suspense got too much for me. Undeterred by Trish’s gorgon bark, I invited myself into the ministerial presence. ‘How was the water?’ I said. ‘Dam and be damned, as they say in Tasmania, eh?’

Angelo broke off from his self-guided tour of purgatory and regarded me bleakly. ‘Damned’s the word,’ he said. ‘Sit down.’

Angelo Agnelli was not a bad man. He was no better or no worse than he ought to be. He was vain and his ambition exceeded his abilities. So what? In a politician these are not failings but the minimum requirements for the job. Why else do it? Angelo was a minister because enough people thought he should be one. Those people, for better or worse, were my people. Perhaps they didn’t know Angelo quite as well as I did. But they had not entirely misjudged him. He was occasionally a fool, but he was not an idiot. He could be petty, but he was rarely malicious. Others, perhaps, could do his job as well, or even better. But it was Angelo, not others, who signed my pay cheque at the end of the week.

If there was to be a pay cheque. Just as well I’d taken out insurance.

I did as I was bid and sat down. The glorious morning sunlight pouring through the floor-to-ceiling windows might as well have been acid rain. Angelo stared at it in blank-faced silence for a long moment.

Then he rapped abruptly on his desk as though calling his internal caucus to order. ‘About your future here,’ he said. ‘Things have not necessarily transpired as entirely advantageously as initially anticipated.’ He sounded like the freshly-mouldering Hirohito announcing the capitulation of Japan.

‘You’re not satisfied with my performance?’ I asked.

Now that Ange had set his course, he had no intention of allowing himself to be distracted. ‘I was going to tell you about something today,’ he said. ‘Get your input and so forth. But events appear to have overtaken me.’

He slapped the papers on his desk with the back of his hand. He stood up. It was getting momentous. He began to address me as though I was a plenary session of state conference. ‘I am responsible…’ he began.

His mouth, unaccustomed to this phrase, did not know what to do next. He began again. ‘A situation has arisen…’ That was better. ‘A situation has arisen whereby it may be possible for me to be seen to be responsible for the diminution of a significant component of the party’s campaign funds.’ There, he’d said it.

‘Really,’ I said. ‘How could a situation like that have come about?’

‘Against my better judgment,’ he said. ‘I allowed myself to be persuaded to become involved in the affairs of the finance committee.’ He didn’t say who had done the persuading. My preferred candidate was the invisible little Angelo sitting on his shoulder, the one in the red suit with the horns and tail.

‘A bad call was made. The long and short of it is that as a consequence of subsequent events, events beyond my control…’ He glared down at the newspapers with an expression he’d borrowed from Charlton Heston for the occasion. ‘I am no longer able to confirm your ongoing employment. As soon as the implications of this situation become more widely appreciated, my position will no longer be tenable. In fact, I will have no option but to tender my own…’ He searched for the word. He didn’t have far to look. It was on the tip of his tongue. ‘Resignation.’

For the sake of Angelo’s finer feelings, I feigned surprise. ‘Really!’ I said. ‘Is it that bad?’

As ideas went, it was worse than bad. Resignation would be an admission of culpability. A free ride for the opposition. A step closer to power for the true grafters. The smug, despicable, self-serving, incompetent, sanctimonious blue-bloods of the old-school-tie brigade. The enemies of the human race. The Liberals. The ice was thin enough beneath the government without the heat given off by Angelo Agnelli sweating over his failures.

‘I’m a little confused here.’ As I spoke, I reached across Agnelli’s desk and drew the phone towards me. ‘It was my understanding that finance committee affairs were Duncan Keogh’s responsibility.’ Agnelli’s phone was as state-of-the-art as the desk it sat on. ‘Shouldn’t we hear what Duncan has to say about all this?’

Before Agnelli could stop me, I pecked out Keogh’s number and pushed the hands-free button. The speaker went brr-brr and Keogh’s irritable hello came down the line, loud and clear. ‘Murray Whelan here, Duncan,’ I said. ‘Calling from Angelo Agnelli’s office.’ My call sign.

Agnelli, exhausted from the unaccustomed rigours of self-examination, slumped back into his chair and buried his head in his hands.

Duncan wasn’t having a very good morning either. ‘Tell Angelo I can’t get anybody at Obelisk to talk to me. All deposits have been frozen and they reckon they can’t deal with us preferentially just because of our association with their former CEO. Especially because of that. They say everybody wants their money and we’ll just have to wait our turn. They don’t have any idea how long that might take.’ He was talking twenty to the dozen and his sweat was oozing through the phone speaker. ‘Rumour is that it wasn’t just the Karlcraft collapse that tipped the balance. That chickenshit prick Eastlake stuffed things up right and proper. We might be lucky to get back anything at all.’

He went on and on like this for quite some time, sinking the silent Agnelli ever deeper into the slough of despond. Then, barely pausing to draw breath, he changed tack. ‘Okay,’ he said. ‘I admit it. I should have withdrawn the money yesterday afternoon. But Agnelli should have called me himself.’

At the mention of his name, Angelo shuddered visibly.

So far, I hadn’t said anything. Personally, I found Keogh’s remarks perplexing. ‘I don’t know what any of this is about, Duncan,’ I said. ‘But Angelo couldn’t possibly have called you yesterday afternoon as, for some reason, you seem to think he should have. He was out of town on ministerial business. And you’re the signatory to the finance committee accounts, aren’t you?’

Keogh, sensing slippage in the rug under his feet, switched to the offensive. ‘You tell Agnelli I’m not wearing this alone,’ he snarled. ‘He said at our meeting on Friday that he’d be backing me all the way to Cabinet.’

‘What meeting was that?’ I said.

Angelo took his head out of his hands.

‘You know very well what meeting. The one in Agnelli’s office at Ethnic Affairs.’

This didn’t sound at all right to me. ‘Are you sure about this, Duncan?’ I said. ‘Angelo hasn’t mentioned any meeting to me. You kept minutes, did you?’

‘Of course I didn’t keep minutes.’ Dunc was getting quite snappy by this stage.

‘Was there anyone else at this meeting, Duncan?’ I wondered. Some good was coming of Eastlake’s death already. ‘Anyone who can back you up on this?’

A tinge of luminescence had begun to creep over Agnelli’s eastern horizon.

‘You still there, Duncan?’ I said. For a while the only sound coming out of the speaker was the steady bubble of boiling blood and the rustle of the rug beneath Keogh’s feet reaching escape velocity. Then Duncan made a manly lunge for the soft option.

‘You tell Agnelli that he can tell the Premier that if I can’t get our funds out of Obelisk by close of business tonight,’ he said, courageously taking it upon himself to do the noble thing, ‘he’ll have my resignation on his desk first thing in the morning. You can also tell Agnelli to go take a flying fu…’

Fortunately, I’d been keeping count. It was my turn to hang up. The green had by now drained entirely from Agnelli’s gills. He looked like he might soon be sitting up in bed, sipping beef tea and receiving visitors. But I could see that he was still somewhat troubled.

‘Keogh’s a suck-arse little prick,’ I told him, hoping to allay any sense of responsibility he might have for the demise of the soon-to-be-ex finance committee chairperson.

But it wasn’t his conscience that was bothering Agnelli. That stunted faculty was already slouching back to its cryogenic cave. ‘Keogh might take the fall,’ he said. ‘But the party’s still down the tubes to the tune of $200,000.’

‘That’s quite some tune,’ I admitted. ‘Would it help if I hummed the first few bars?’

I picked the package off the floor beside my chair where I’d put it when I came in and spilled the contents onto Agnelli’s desk. Less reasonable expenses. A packet of fags, two tram tickets, last night’s lasagne and the dry-cleaning of a pair of strides.

Agnelli stared down at the small mountain of cash. ‘Fuck Jesus fuck.’ From Ange, that was high praise indeed. ‘You rob a bank or something?’ He must have been confusing me with Lloyd Eastlake.

‘An anonymous donation from an intimate acquaintance of a former party member,’ I explained. ‘A strong believer in discretion. You and I are going to be buying a lot of raffle tickets in the next few months.’

Angelo was deeply appreciative. The moolah vanished into his bottom drawer, the newspapers went into the waste basket and my appointment as his cultural counsellor was immediately confirmed.

‘I don’t think I’ve got the stamina,’ I said. ‘Not if yesterday was any indication of the pace.’ He really needed someone with the proper background for the job. ‘An Italian, perhaps,’ I suggested. Machiavelli. Houdini. Alfa Romeo.

But I did agree to stay in place on a temporary basis. ‘Only until I’ve had a chance to put some proposals in front of you regarding retrospective amendments to the National Gallery’s policy on the granting of maternity leave,’ I said. ‘After that, I’d like a chance to spread my wings in Water. If that’s okay with you.’

It was, and that’s where I’ve been ever since. The view from the office isn’t as good as the one at Arts. And the only openings I get invited to are new sluice gates. But it’s not as stressful here. And it’s getting to the point where I can stand up on the skis for nearly fifty metres at a stretch.

Now that the eighties have officially drawn to a close, there’s a lot of media rhubarb about what it all meant. Much breast-beating and decrying of all the glitz, the greed, the gullibility. Much calling on us to put the past behind us, tighten our belts and look grim reality square in the eye.

Myself, I don’t know that there’s all that much wisdom to be found in hindsight. Sure, we learn from our mistakes. But only from the ones we’ve already made, so the lessons have limited applicability. And whenever I hear that stuff about belt-tightening, I can’t help but think how much bigger some people’s belts are to begin with. And this is coming from a guy who knows a thing or two about cashed-up waistlines, remember. And about the mad glint in the eye of reality.

Max Karlin’s in the belt-tightening business these days. He’s living in Gdansk, advising the Polish government on the application of free-market principles to the footwear industry. Perhaps he can find a place in his operations for Duncan Keogh. At last report, Duncan had let his party membership lapse and was calling himself a freelance management consultant. Not getting a lot of what you might call work, from all accounts.

The Karlcraft Centre was completed only three months behind schedule, although not under that name. It’s now called Absolute Melbourne. Current ownership resides with a fluid consortium of Singaporean shipping magnates that Faye tells me are looking to unload it onto a Dutch insurance company as soon as the Foreign Investment Review Board rubber stamp gets back from having its worn-down lettering refurbished. For the opening ceremony, an ice-rink was installed in the Galleria and the Australian Opera performed Gotterdammerung in costumes designed by Ken Done.

The shops don’t seem to be doing much business, though. And there’s so much un-let office space upstairs that you could run a fifty-head dairy farm on some of the floors. Claire and I had a drink in there a couple of weeks ago, in the tapas bar on the second level, overlooking the mosaic floor. ‘How’s business?’ I asked the tapas barman.

‘Dropping off,’ he said.

The children’s wear boutique opening onto the horn of plenty was having a clearance sale. I bought Grace a pair of Osh-kosh overalls marked down from a hundred dollars to thirty-nine ninety-five. Still a bit rich, I know, but nothing’s too good for my Gracie.

Claire is back at the National Gallery. One of the recommendations of the Human Resources Policy Review Committee was that former employees whose termination was the result of discriminatory industrial relations practices be given hiring priority if positions became available due to natural wastage. When one of the conservatorial staff was pensioned off with prostate cancer induced by chronic cadmium yellow exposure from handling too many French Impressionists, Claire got his old job.

Not that she goes near the Monets. She’s in the Australian section. From what I can tell, she spends most of her time with a pair of tweezers and a magnifying glass, sticking ochre blobs back on Aboriginal dot paintings with Aquadhere general-purpose wood glue. But she feels her professional skills are much better employed than they were at Artemis Prints and Framing. Plus she doesn’t have to work Saturday mornings. She sold Artemis for the cost of the stock and cleared twenty grand on the outstanding mortgage, so the property boom was not without its upside, while it lasted. The place is now called Fred’s Head Shop and sells extra-width cigarette papers, blown-glass water-pipes and framed posters of Bob Marley. So some connection with the arts remains.

Speaking of art, the real authorship of Our Home remains a mystery. To me, at least. Very few other people know or care about its existence. The version with the bullet hole and the blood stains is in the vault at the new Police Museum, along with the bullet-riddled banister from the Trades Hall. The version which belonged to Max Karlin was eventually de-accessioned by the Centre for Modern Art. It now hangs in the collection of the Victa Motor Mower Company, although this is probably more because of its subject matter than its authorship. It was recently the subject of a doctoral dissertation published by the PIT Department of Cultural Studies entitled (Sub)liminal Penetration in the (Sub)urban Landscape.

Public interest in the works of Victor Szabo never scaled the heights Fiona Lambert hoped and the planned retrospective exhibition was cancelled due to lack of funding. The content of future exhibitions at the Centre for Modern Art will be determined by its interim curator, Janelle. It was Janelle who phoned Fiona Lambert that night at the flat. She rang to say that Fiona had left her keys behind, yet again. Fiona popped over and picked them up as soon as she’d brushed me and Lloyd off. Then she had an early night.

Fiona is now Assistant Curator of Naive Pottery at the Warracknabeal Regional Gallery. It’s a bit of a come-down, I suppose, and a fair way from the bright lights. But that’s probably the way she prefers it, given that she looks like she’s had a zipper installed in her forehead. She probably still thinks the cops pinched her dough.

Salina Fleet, on the other hand, has gone from strength to strength. The commission she was charging on Marcus Taylor’s knock-offs was more than enough to cover the cost of her relocation to New York, where she is now performance art commentator for Flashy ’n’ Trashy, a theoretical journal financed by the Sony Corporation. The name Fleet, it transpired, was a legacy from an early and soon discarded husband. Her maiden name was Fletcher. Makes you wonder, doesn’t it.

Obelisk’s depositors were eventually paid out at forty-five cents in the dollar. So Agnelli’s brief foray into high finance just about broke even-if you count Fiona’s contribution. Even better than break-even if you add in the two trips to Bali, the three microwave ovens and the fourteen dinners-for-two we won in raffles and kicked back into the cause.

Red was a bit pissed off that I didn’t keep the trip to Bali and take him along. He’s been there twice now with Wendy and Richard. He reckons it’s cool although he did get embarrassed when his braces set off the metal detectors at the airport. My alarm bells certainly rang when I saw the bill. But I insisted on paying the whole lot, not just half. It’s my genes they’re designed to compensate for, after all.

Wendy and Richard got married. In a church. Wendy wore white. ‘More oyster, really,’ said Red. ‘Puke-a-rama.’

He’s coming down next month and I’ve got the use of the Water Supply houseboat on Lake Eildon. Tarquin is coming too, just for the first few days. Unfortunately there’s very little chance he’ll drown. The water level is too low.

The drought has been going on for nearly a year now. Quite a challenge, policy-response wise. Sometimes we pray. Sometimes we dance.

The election will be late next year. We’re hoping to dance it in. We definitely don’t have a prayer. Not even with Nea Hellas behind us, to the hilt.


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