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Let's face it Abbott is finished, page-6

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niloony

1,870 Posts.

24

02/02/15

07:17

Post #: 14679472
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Originally posted by scittyandcross ↑

"The conservatives need a leader who isn't afraid to tell us the truth about our budget and debt situation"

So does Australia - but unfortunately no Liberal leader is going to stand up and tell the truth - which is

Australia's net debt is 11% (the third lowest in the OECD) and we have a AAA credit rating and can easily repay our debt whilst maintaining support for our economy.

Our banking system is one of the strongest in the world and whilst we need to maintain the strength of our financial position we are not in a financial crisis and any talk of such has a negative impact on our economy.

Malcolm??????

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Don't forget our 10 yr bond rate is also now below 2.5%.

Might as well leverage that rate and give the RBA another few billion...

Last edited by niloony: 02/02/15
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