We have allowed over 80% foreign ownership of our mining resources and that is increasing while we pay lip service to a system that is impoverishing us. Personally and as a country we have record debts and all we need is another 2007-2009 world recession and we're virtually bankrupt. ( Keep in mind that we had $22 billion in the kick entering the GFC & now we have over $600 billion Commonwealth dbt and another $250 billion Stare and Municipal debt)
Even our big 4 Banks are mostly foreign owned ( which by the way, there was no comment of this in the Banking RoyalCommission Report)
The poor are maxed out with debt while the Billionaires like Reinhart, Pratt, Fox & Twiggy are rolling in cash.