re: current account deficit??? does it matter
G'day Grant Accurate observations & while systems reform & infrastructure investment are a gimme I don't think that anyone can deny that global investment is squarely directed at the lowest cost centres, with labour being the bullseye. So unless we, as a people, want to work for 3rd world country rates, all the reforms in the world aren't going to make us the flavour of the month for international production investment.
