"In the face of all this, we have to stand up and be heard, because when the massively wealthy buy the loudest megaphones, the voices of the people are drowned out," he said.
Swan also revealed that he plays Springsteen's hit single "Born to Run" after delivering to Parliament the government's five annual budget plans each May. He said Springsteen is also the favorite musician of Prime Minister Julia Gillard.
"We are in many ways the Springsteen Generation," said Swan, who was a university lecturer on public administration before entering politics. "And if our generation has an anthem, it is 'Born to Run.'"
Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.