@colincj; after Labor saved Australia from the most severe global financial crisis in eighty years, the Coalition quadrupled our federal $Debt as it fed corporate $Greed and made our wealthiest 1% very much wealthier.
They created the world's worst Ponzi property bubble and destroyed investment in productivity drivers for a decade - we're now up the proverbial creek without a paddle. Even a deflating property bubble will provoke a recession and exacerbated by an RBA which sent rates too low for too long and which is now in full panic mode, our near term outlook is reflected in what happened on the ASX today - pure carnage from offshore short-sellers adding to their positions.
