The Netherlands (where Mr Turner is from) is the fourth...

The Netherlands (where Mr Turner is from) is the fourth wealthiest country in the world (by financial assets per capita), Australia doesn't even make the top ten. Cost of living is also cheaper there, with transport coming in at roughly half the cost of transport in Australia. Taxes are not evil, they pay for services liked aged care so you don't have to eat slop in an old age home later in life. I'd rather the high income, high tax, high standard of living in Europe than the race to the bottom here in Australia. State and federal coffers are running dry because we're so greedy we'd rather buy another investment property than worry about paying taxes so we can support the most vulnerable in our society.

Our moment of reckoning is coming, with China starting to wobble. There's only so long that taxes can stay low, until you realise that someone has to pay the bills.