I must say though Dennis we have not come through unscathed - the large surplus that John Howard had put away is gone plus a lot more. Most people’s superannuation savings took a big hit - probably losing on average 10k plus. As we all have Super savings this acted as a cushion for the banks and unless a person is nearing retirement they will not feel the hurt too much.
Most of all though we have been experiencing massive rises in the cost of utilities due to this government’s green agenda - this is slowing growth and preventing what should have been a big rebound in our economy by now. Carbon taxes and mining taxes will hurt investment going foward. So it’s not all roses but most of it is self inflicted.
Mel
The greenies are you biggest problem. Bunch of parasites who want jobs etc Gov’t jobs and NGO jobs, global warming scientists that can only be funded by your vibrant mining sector and private sector. They see the riches and they want some
China too casting a baleful eye on your European outpost in their backyard. Now that you have zero-USdollar two way trade with China they will be pounding you for more concessions such as cheaper raw material prices