lol John Howard has put this economy in boom bust mode. Forget all these stupid reports they are politically motivated and often have little or nothing to do with reality.
He makes any past governments look like cyderella. The interest rates should have risen 4yrs ago but instead he let the economy grow on high debt, exactly what he accused the labour government of when they were in power.
So what if the middle class grow by 2 billion, if ppl cant pay their loans then that will make no difference.
What we have here in australia is poor infrastructure, poor health system and aging population, 60% of the population will be over 60 within 15 yrs. Over valued housing prices. Poor pay .........
Just the other week in Modbury hospital south australia a friend of mine had a baby and the midwife told him to deliver it as she didnt know how. So he was left there to deliver the baby. The mid wife called the doctor to cut the cord. Our medical system is 3rd world....
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