australia economy

Abbott's relentless negativity, aided and abetted by a friendly Murdoch and conservative media, is harming the average Australian, just so Abbott can get to be PM. I suppose he will now claim credit for lowering interest rates. :rolleyes:

Today the Reserve Bank announced a .25% increase in the standard cash rate, taking it to 3.25% And what do virtually all the media report? How tough it's going to be for home loan borrowers! Well I have a news flash of my own. The poor buggers (me) that have been providing the money for the...

A bit early to pop the champagne corks I know, but Australia is the only advanced economy not in recession (as strictly defined): http://business.theage.com.au/business/australia-dodges-recession-20090603-buyq.html I am not at all a fan of the Rudd government, but the $A70billion or so...

I don't expect many people to be able to respond to this thread given the relatively obscure topic of Australian Government/Elections. The US elections are much more high profile and people from alot of other countries can comment quite safely, not true for Australian politics. However I'd...