swan’s fiscal apocalypse, page-11

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    "THE Federal Budget is in even worse shape than previously thought, with Prime Minister Julia Gillard to reveal today a huge hit to revenue of $12 billion this year. "

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    For those interested in Qld politics, Newman will (proportionally) show a larger hit to his revenue than the Feds.

    He's destroyed the qld economy for at least the next 2-3 years.

    If you want to set up a service based business in Qld, fagetaboutit...demand has fallen off a cliff.

    If you want to make money in the property sector (cept for maybe Mackay), fagetaboutit....demand has fallen off a cliff.

    What the above has done has pushed Newman's payroll tax, stamp duty revenues off the cliff which means his deficit has now doubled.

    I don't propose Qld ALP being voted back in, I'm just proposing the Newman Goverment have been a monumental disaster in addressing the economy.

 
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