Robert Fordham

Robert Clive Fordham (born 10 February 1942) is an Australian former politician, who was a member of the Victorian Legislative Assembly representing the state seat of Footscray for the Labor Party from 1970 to 1992. He was Deputy Premier of Victoria in John Cain's government from 1982 to 1989.

Early life and education Fordham was born in Melbourne and attended Footscray North Primary School and Essendon High School before studying commerce and arts at the University of Melbourne. He worked as an accountant, and joined the Commonwealth Public Service Board in 1968. He is the brother of Jan Friedl (1947–2017), an actress known for her work as Matron Gribble on Round the Twist.

Political career Fordham unsuccessfully ran as a candidate for the electorate of Syndal in the 1967 Victorian election, but was elected as member for Footscray in the subsequent election in 1970. In that same year, he was made parliamentary spokesperson on fuel, power and the arts; later, for education and federal affairs. In 1977, he was made deputy leader of the Labor Party in Victoria and deputy opposition leader under Frank Wilkes and John Cain. After the 1985 election, Fordham and Ian Cathie swapped portfolios, with Fordham becoming Minister for Industry, Technology and Resources.

VEDC affair As industry minister, Fordham oversaw the operation of the Victorian Economic Development Corporation (VEDC), a government agency originally established by Rupert Hamer's Liberal government in 1981, but which was restructured by the Labor government in 1984 to stimulate economic activity in Victoria by providing loan and equity funds to certain companies. In October 1987, the VEDC became involved in the proposed public float of Wallace International, a pharmaceutical company. Despite a global stock market slump following "Black Monday", Wallace proceeded with its float, which then failed, causing the float's underwriters to withdraw from their commitment. In early November 1987, Wallace applied to the VEDC to sub-underwrite the float, and received correspondence from Fordham agreeing to the VEDC acting as sub-underwriter, making further loans to the company, and purchasing $2 million worth of shares.

By the close of the float in January 1989, Wallace's failure to attract investors saw the company call up the VEDC's sub-underwriting agreement in February. The VEDC board met on 19 February, where they were informed of Fordham's agreement with the company for the first time, which it was required to endorse. Despite the funding injection from VEDC, Wallace recorded a loss of around $17.5 million, and in November 1988 the VEDC instituted legal action alleging misleading and deceptive conduct, and seeking the recovery of the $15 million it had invested.

Fordham served out the rest of his parliamentary term on the backbench, and did not contest the 1992 election.

After politics Since leaving politics, Fordham has worked as a consultant and has been active in several organisations in the East Gippsland region, including as Chairperson of East Gippsland Water and a council member of East Gippsland Institute of TAFE. Fordham was Chairman of Gippland Development Ltd from its inception in the mid-1990s.

Fordham was made a Member of the Order of Australia (AM) in the 2013 Australia Day Honours "For significant service to the Parliament of Victoria, to education, to the Anglican Church in Australia, and to tourism and economic development."