Labour dither and block sales on product Australia can deliver (minerals) but happily throw away billions unto industry that has no chance (manufacturing), placating unions along the way, guaranteeing wages increase for lower income dwellers (thereby on-costing the expense to business, in turn increases prices for product, which pinches middle to higher earners who get no such compensation).
Meanwhile home prices inflate by deed of grants to those who have proven an incapability to manage their finances. "First" home buyers. Not a recipe for stability.
The rampant ignorance shown by our federal representatives serves our future nothing. It concedes a debt, a socialism and a blinding near-sightedness. Not banking our minerals now and establishing an independent financial pool of this wealth dooms us to a Nauru-like scenario.
22 million Australians vs. China and India populations (2 1/2 billion). All those consumers and workers, not hampered by brain-dead ETS' or union buying, entering the world stage, hungry for what Westerners have.
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