"the International Monetary Fund (IMF) and the Organisation for the Economic Cooperation and Development (OECD) have show-cased Australia as a model economy."
I don't get this. Why did all the other countries fail when at the outset the IMF was running around praising governments for their various stimulus's.
Then when they found a country that stayed out of recession they came and showcased us to prove what they were encouraging actually worked.
Never mind all those other countries that are still struggling away with massive new debt and recession.
Never mind our NIL net debt, high interest rates to cut that equated to the government stimulus package, strong continued demand for commodities and locked in forward contracts, $10 billion injection to economy via massive immigration growth and so on.
Even Bob Hawke didn't sound convinced today ... but he tried all the same.
