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=== 1980 federal election === [[File:President Ronald Reagan and Nancy Reagan with Prime Minister Malcolm Fraser and Tamara Fraser.jpg|right|thumb|The Frasers with [[Ronald Reagan|Ronald]] and [[Nancy Reagan]] at the [[White House]] in 1982]] At the [[1980 Australian federal election|1980 election]], Fraser saw his majority more than halved, from 48 seats to 21. The Coalition also lost control of the Senate. Despite this, Fraser remained ahead of Labor leader [[Bill Hayden]] in opinion polls. However, the economy was hit by the [[early 1980s recession]], and a protracted scandal over tax-avoidance schemes run by some high-profile Liberals also began to hurt the government.
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