Australia has been in a mining boom for the majority of Labor's 6 years and we now have contracting economic growth and rising unemployment (see Labor's statement last week). So, we now have the reserve bank reducing interest rates which is a danger sign. Australia was largely insulated as a result of the war chest of savings the Howard Costello had made by reducing previous Labor's debt to net savings of $20billion plus establishing the future fund. Very much on earth. Do you want to follow the European debt crisis / banana republic scenario? The economy is slowing. See last night's interview from Lateline. Labor believe its own hype and bs. Business want a change in Government, so do the people.
