Andrews Vic Labors 2nd Scret China deal., page-37

A surplus means we are living within our means and the fact that when Labor took office Australia had almost no debt left us in a very good position heading in to the GFC ,the spending by China and the floating dollar were major contributors.What I claim is if governments pull money out of investors and pensioners hands their spending of that money will slow or stop and have repercussions in businesses where the money is spent ,usually travel and hospitality where pensioners are concerned and trades and hardware for investors.The housing market has been driven by the supply of credit and lowering of credit standards as well as increases in immigration that have resulted in a serious lack of infrastructure,unfortunately successive governments have used immigration as an economic policy to drive growth and now the real costs are coming back to hits us in the form of a slowdown that can be avoided but not by increasing taxes and government bureaucracy.