Supposedly. However, the gold sale was approved by the Governor of the Reserve Bank AND the then Treasurer Peter Costello.
I dunno about these libs. They sold Telstra. They made $60 billion. However, at the expense of ongoing annuity dividends. At the expense of massive investment obstacles in the telco space. At the expense of millions of manhours invested in trying to address competition issues with Telstra.
Then they sold our family gold at rock bottom prices. Buy high, sell low investment philosophy.
Then they invested next to nothing in productive nation building infrastructure.
Y'know debt isnt evil.... most of us have it and get by just fine. If a company doesnt have debt on its books, they are accused of having a lazy balance sheet.
As Keating famously said, the libs are just bean counters, not nation builders.
