olympic damn expansion cancelled, page-40

Country Writer said:

"Swan and Gillard had their chests puffed out 'look at us' (we bought our way out of trouble) and assumed wrongly we had 'made it' through the GFC. Remember that crap? - it made me want to vomit."

No doubt. Australia powered right along through the GFC. But it wasn't Gillard or Swan's doing. It was investment capital and the mining industry which kept Australia rolling.

But it would be far-fetched to argue that BHP cancelled Olympic Dam because of the carbon tax.

The boom is done. Bookmark it!