Well, I think we can get some encouragement from this article from the American Spectator.
Let’s take a look at his policies and appointments:
On economic policy, his government has moved in the opposite direction of those who favor Dodd-Frank-like behemoth approaches to the financial industry. Instead it’s opted to simplify regulation. As the minister responsible for the reform bluntly pointed out, “no amount of legislation will ever be a guarantee against another Storm Financial.” Indeed it’s often excessive regulation that creates opportunities for financial shenanigans by industry insiders.
Regarding the welfare state, Abbott’s minister for Social Security, Kevin Andrews (another conservative politician-thinker), has announced a major overhaul of a welfare system that was starting to drift in a distinctly European-direction. Predictably the left are up in arms. But so too are those rent-seeking Australian businesses who now find themselves dealing with a government uninterested in subsidizing them. That’s nothing, however, to the fury that greeted Abbott’s disbanding of the climate-change bureaucracy established by the preceding Labor government.
[...]The first sign of Abbott’s seriousness about obstructing the left’s long march through the institutions was his government’s appointment of the policy-director of the center-right Institute of Public Affairs to the nation’s Human Rights Commission. This was widely seen as the beginning of an effort to re-balance an organization long criticized as monolithically left-wing. Since then Abbott has indicated that major changes are coming to the ABC: Australia’s government-funded institutional — and ideological — equivalent of the BBC.
[...]Along the same lines, Abbott’s education minister, Christopher Pyne, has initiated a review of the national curriculum implemented by the previous government. A moment’s glance at the curriculum’s treatment of history soon illustrates the extent to which it seeks to downplay Australia’s indisputably Western heritage. In the words of Sydney’s Cardinal George Pell, “Europe, Britain and the United States are mentioned 76 times, while Asia is referred to on more than 200 occasions.” This disparity is odd because although Australia is certainly in Asia, no objective observer could say that Australia is “of” Asia. Moreover, while Australian students learn about “Gaia” and other deep-green fantasies in grade 9, many Australian universities find they need to put the same students through remedial English classes once they begin college.
Then there are Abbott’s initial steps on the international stage. Take, for instance, his recent remarks at Davos. Much of the address was devoted to pushing a strong free trade agenda and insisting that governments should let business do what it does best: promote lasting economic growth. “After all,” Abbott said, “government doesn’t create wealth; people do, when they run profitable businesses.”
In the same speech, however, Abbott made the conservative point that economic prosperity and freedom can’t be sustained in a value-neutral world. Nor did Abbott shy away from relentlessly pressing one of the most important moral arguments for free trade articulated long ago by Adam Smith: that economic freedom, combined with the right institutions, radically reduces poverty faster than any other approach. “No country,” Abbott added, “has ever taxed or subsidized its way to prosperity.”
All in all, the address added up to a solid integration of sound economics with conservative principles. That’s what makes Abbott different from, say, Canada’s Stephen Harper or Spain’s Mariano Rajoy. Abbott happily engages in the indispensable task of moral suasion in favor of conservative positions. What’s more, he’s quite good at it. With his rare combination of plain-speaking and intellectual substance, Abbott makes conservative ideas sound, well, reasonable to the average voter.
Now, I personally thought that prime minister Stephen Harper of Canada was the best leader of any nation out there, but I had not been following Australian politics as much as I should be, and now I think I’ll give the crown to Abbott. He seems to have a good fusionist view that integrates economic policy and social policy, and that makes him better than Harper, in my view. I would like to see Abbott flex his muscles on foreign policy, as well. Something to look forward to.