HE....I am happy to have productive discussions and willing to look at differing opinions...but don't want to debate without facts.
As for not going into a recession...I suspect that Victoria, South Australia, and Hobart will probably hover aorund zero growth if all the job cuts filter in.
Believe or not...the state with the strongest performance is likely to be NSW following by WA and Qld.
A small mining tax will not hurt anyone. The other thing is to increase GST by another 1%....and reduce company and payroll taxes.
As for not going into a recession...I suspect that Victoria, South Australia, and Hobart will probably hover aorund zero growth if all the job cuts filter in.
Believe or not...the state with the strongest performance is likely to be NSW following by WA and Qld.
sash - was that really necessary? The latter half of your sentence is diametrically opposed to the first half and a smiley face doesn't make up for it. I've got no problem with getting stuck into serving politicians for whatever you want to disagree with them about - it's part of their job description - but I draw the line at getting stuck into private citizens who had a red hot go but didn't make it.
If you don't want to hear people's opinions then don't post. If you do, then expect a wide diversity of opinion. You can't have it both ways - if you only want to listen to people who agree with you then it's your loss.
BTW, with 1.8% population growth per annum, per capita GDP would have to shrink by more than that figure over two consecutive quarters to qualify for a recession. While we do have challenges associated with the wind down in the investment boom, we are only just entering a production boom so it's pretty hard to see that happening.
A small mining tax will not hurt anyone. The other thing is to increase GST by another 1%....and reduce company and payroll taxes.
http://www.theguardian.com/commenti...tralians-to-realise-they-are-being-ripped-off
Increase mining tax, reduce income/business tax or invest in infrastructure for future generations so we're not reliant only on 1 industry.
Posted this in another thread today Sash
Victoria not far off recession, if not already in one!!