The only reason we're going as well as we are, DESPITE the ALP and Greens, is the mining export & construction boom.
Without that, Australia would be worse than Ireland or Japan or USA.
We are up to our eyeballs in debt, household debt is high, house prices are still coming down, and now the commodities boom is slowing.
Wayne Swan, Gillard & Co have no idea.
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Peter Batten, MD
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