Yep, could happen, Dub. Its only our strong mining sector, high wages, and good employment figures preventing it. Nearly all reliant on China. Funny, the real estate sector here in WA is bullish to the extreme, and in total denial to the reality of the increasing rate of mortgage defaults, partly due to those who overextended to take advantage of Kev's handout (silly, taking out a $700,000 motgage to gain a $14,000 advantage, but some cant help themselves) and partly due to rising interest rates. A shock in China could cause immense shock here. And I cant help but feel Kev's intended tax on mining will lead to loss of jobs & wont help at all.
