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I'm not sure how you think this kind of behaviour is any different to when Labor was in opposition, especially comments from the likes of Simon Crean. Clearly you're a big Labor supporter, and that's fine, but it probably wouldn't hurt to remember that many people, including me, just don't care...

I think that Keating did a good job with his economic reforms, and Howard did a good job in reducing govt debt, between the two of them they set Australia up well. The current mob (on both sides) aren't much chop.

I'd have thought that having higher than global average interest rates would be a good thing, as it allows the RBA to stimulate the economy without major govt spending projects. This is not something other countries have at their disposal.

I understand that Australians are (on average) currently paying down debt rather than buying. Of course, it's a big hill to climb, but how do we think this begines to 'manage' the risk.