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    Australia is a leveraged time bomb waiting to blow

    I completely agree with you. The amount of red tape being slapped on the agriculture and aquaculture industry is appalling and we wont ever see a boom the way things are now. Fortunately for us we have the capacity to produce large amounts of food, which is the important thing going into...
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    Australia is a leveraged time bomb waiting to blow

    Yeah of course the mining industries contribution to GDP is greater than 8% when taking into account services from other industries. Keep in mind many of those services are transferable and will therefore hopefully take less of hit with a construction boom likely over the next decade due to...
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    Australia is a leveraged time bomb waiting to blow

    The negative effect a slow down in mining will have on the Australian economy is overstated. Mining contributes roughly 6-8% of Australia’s GDP, and employs less than 3% of the work force. A slow down in mining may slow the economy slightly, but I think the benefits a weaker $AU will have on...
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