The world is watching closely as Australia heads towards a turning point.
Holes in the ground and speculative property is the major part of Australias GDP. It is what this current government wants and is mostly what it is aiming at. Short term gain for them and long term pain for Australias people.
Australia's Luck Has Run Out
Gaudy numbers mask serious flaws in the country's economic model.
By
Satyajit Das
38
October 4, 2017, 5:00 AM GMT+10
Australia’s record of 26 years without a recession flatters to deceive. The gaudy numbers mask serious flaws in the country’s economic model.
https://www.bloomberg.com/view/articles/2017-10-03/australia-s-economic-luck-is-running-out
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