Based on false premises:
1. Real GDP is Declining
2. Per Capita GDP is Declining
3. 2 million plus Aussies are either unemployed or underemployed
4. Household Debt > 200% of Income
5. List is almost endless
Australia is IN An Economic Recession.
Massive Tax Handouts/Incentives & Lowest Interest Rates Ever have Failed to stimulate Consumption (= 60% + of GDP)
