the kirribilli agreement of 1988 was a secret meeting Social_event between the australian prime minister bob hawke and treasurer paul keating .

keating was a primary figure of the new south wales right faction , a key sector of the labor party .

after securing a fourth term in march 1990 , hawke reneged on the agreement in january 1991 following a `` treacherous '' speech by keating , called the `` placido domingo speech '' , delivered to the national press club in december 1990 which belittled hawke 's leadership .