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

Let's face it Abbott is finished, page-6

First 6 Last

Share
Profile

Follow
niloony

1,870 Posts.

24

02/02/15

07:17

Post #: 14679472
Share

Originally posted by scittyandcross ↑

"The conservatives need a leader who isn't afraid to tell us the truth about our budget and debt situation"

So does Australia - but unfortunately no Liberal leader is going to stand up and tell the truth - which is

Australia's net debt is 11% (the third lowest in the OECD) and we have a AAA credit rating and can easily repay our debt whilst maintaining support for our economy.

Our banking system is one of the strongest in the world and whilst we need to maintain the strength of our financial position we are not in a financial crisis and any talk of such has a negative impact on our economy.

Malcolm??????

Expand

Don't forget our 10 yr bond rate is also now below 2.5%.

Might as well leverage that rate and give the RBA another few billion...

Last edited by niloony: 02/02/15
1 Upvote

Reply

Top Stories

STN

Saturn brings up seventh straight Apollo Hill upgrade on 'impressive' 300-hole drill run

PSC

Prospect's Mumbezhi Project puts it at the middle of copper's megatrend. And FQM just bought in

Week 29 Wrap: ASX hits new all time high of 8,766pts ahead of Aug 1

SER

Strategic Energy extends its QLD copper-gold frontier with Diamantina acquisition

SYR

Syrah jumps +19% as graphite tariff threat spurs optimism down under

DRO

History repeats for DroneShield investors but carnage so far subdued

Listen: HotCopper Wire Podcast 018 – Potatoes, TACOs, and the $120M helicopter heist

BDM

Burgundy plunges -20% after turning to layoffs to navigate record-low diamond prices

HotCopper Highlights: Trigg; Droneshield; Lumos & more

AII

A new NASDAQ listing for a key player in the global critical minerals space

First 6 Last