The most concerning thing about Joe Hockey is he has been talking to the World Bank/IMF and that they have been pushing for Australia to adopt Bail in laws to take money from Bank Accounts if a Bail in is Necessary.
That and the treasury has been given 8 billion dollars to drop on the Currency market to force the AUD down. 8 billion they have to play with. Its only going to make a temporary impression as the rest of the world see Australia as a safe haven. If it doesn't work that's 8 billion lost and on top of our debt already.
