Bob..
The bottom line here is Australia is on the cusp of
an Asian invasion.For Australian treasury expects our
population to increase by 14 million to 36 million,
during the next 40 years.A blink in the universal time-
table.
Neither state or Federal Governments have a plan to fin-
ance the necessary infrastructure or rising electricity
charges to accommodate another 14 million people,let
alone the present population
Our present immigration policies in place,will be blown
away by the shear force of population increases of our
northern neighbours and the inevitable transfer of wealth
from West to East.
If we do not develop our natural energy resources and
value add them,by increasing our manufacturing base,then
Asia..[who probably own half of Australia already]..will
continue to for us.And our kids will end up cleaning their toilets.
China/India must be viewing this current kindergarden debacle
between the bungling Q'ld Government and Cougar,with total
disbelief...and their eventual gain. :)
When the market opens tomorrow smart money will have their
vacuum cleaners switched on..again. :)
HM.
Bob..The bottom line here is Australia is on the cusp ofan Asian...
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