The RBA's data is the most reliable, i don't have ANY problem with it.
Mining investment boom? Absolutely and Don is one of the people demanding more subsidies for this industry.
Actually - the above chart is very good case illustrating the reason behind depressed industrial commodities price.
But, since the budget has been made public - every retired former public servant has been busy modelling the spending cuts to education, health and social benefits. Yes, these are professionals, they are the same people who worked for Ken Henry with his taxation report.
The results that I have seen - ARE absolutely devastating for people and the Aussie economy.
It given me even more reason to call the LNP's budget a vomit.
I am sure you are aware that the federal government proposes to withdraw all assistance from the states in emergency situations, including disasters such as flood, fire, etc.
Tell me - what would you think of a 'national government' who's policy of abandoning their own people in emergency?
