Australia's largest stock trading and investment forum Australia's #1 stock forum

Aus economy under ALP is tanking, page-53

First 53 Last

Share
Profile

Follow
pow4ade

8,156 Posts.

248

04/09/24

17:07

Post #: 75529293
Share

Originally posted by pintohoo: ↑

''who was it that was responsible for closing ALL car makers in Aus?"

It was the Button Car plan and the Unions...''

well ----------- if your car industry closes because tariffs were removed

then the statement should really be more like 'failed industry collapses when supports are removed'

what it proved was that Australia cannot compete with the world

which should have meant that Australia learned to do things so it 'could compete'

but, as usual - Oz did nothing. When the simple hammer of tariffs was removed - Oz was found wanting - and had and still has NO DRIVE to make foundational changes

without which - Australia will just depend on the luck of mining booms and sydney house prices - when that luck runs out -

what do we expect will happen?

want a hint? ----------- look at what's happening right now -

tis not the fault of Labor ------------- tis the chookies coming home - as predicted

the luck - has run out

Expand

want a hint? The floor sweeper at Toyota was on $90k pa and you wonder why the car industry couldn't compete.
3 Upvote

Reply

Top Stories

TMK

TMK Energy kicks off drilling for new pilot wells in Mongolia's vastly underexplored Gobi

DRO

Droneshield shares move up on $13.5M US govt contract

LMS

Litchfield boosts its copper, base and precious metals footprint in the NT with acquisitions

WAF

West African Res jumps on claim mine safe under Burkina Faso's junta; HotCopper ponders Russia

OCC

Orthocell wins first international approval for nerve repair product

There are more pages in this discussion • 57 more messages in this thread...

First 53 Last