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Whenever an author begins by saying how small we are, we just know that he is about to make excuses for failure. Couldn't agree more Andrew and the author didn't even mention balance between operating cost and total revenue, in any operation costs should not outstrip income.

In mid December last year they categorically told us we will achieve surplus in the May Budget, everyone knew by last October that they wouldn't, early April the deficit was going to be 7 Billion, a week later Swan told us 12 Billion, a week later 17 Billion, I can wait to see the actuals in September. But no Journalist, especially from this organisation take them on over their lies, if it was Abbott Abbott Abbott the bloody sky would fall in.

Who would believe Abbott? Abbott, the Employment Minister who presided over widespread rorting in his Job Network and skilled migration system and billion dollar budget bailouts. Abbott, the Health Minister who presided over his Medicare Plus safety net billion dollar budget blowout, also with widespread rorting. Me over Rudd any day. Todays announcement, lets give the DFRDB pensions people a fair indexation system, after all we've been saying no to them for the last six years and voting down the private members bills.

And Tony Abbott of course has already committed to it. What a joke, anything to buy an election and is it any wonder my local member verballed Rudd so badly before betraying Gilliard and joining his circus. How is he going to explain this latest backflips after all the excuses denying veterans for the last six years.

Well most veterans of course have honesty and integrity in their DNA and wont be bought so easily. Unlike Labor who seem to be throwing all their values to the wind.

What a joke, but then after six years of lies and deceit sensible voters are used to it. Oh and the Coalition has already committed to the DFRDB pensions indexing from aged 55 not 60, so Rudd is really not serious in any case.

Abbott's plan for the budget emergency is to create a great big new tax, talk about stopping the votes,. All the rorting of the visas has occurred in the last 6 years according to the Rudd government under the watch of the ALP. Indeed the record year for approvals for visas was under the ALP government. Maybe that was because we have had 70 front bencers in the last 3 years and no one in the ALP government actually knows what portfolio they are running today or what they are supposed to be doing.

We are also the 11 largest economy in the world. When will the comentariat in this country stop putting us down!!! It is quite correct that Australia's economy is to a large extent controlled by global corporate organisations. The level of control is sufficient to suggest that we no longer live in a democracy, because the government is prevented from implementing the will of the people.

The Keynesian approach suggests that governments can redistribute the impact of the global economic environment and Rudd used this feature to limit the effects of the failure of the current global market economic model. Abbott on the other hand promises a turn around with his presence in the lodge because he knows that much of the downturn in government revenue has been managed by global capitalism manipulating the Australian dollar and withdrawing investment to punish a government that dared to tax super profits of mining companies making super profits while not returning sufficient to the Australian nation.

Global capitalism votes for Tony Abbot through its investment patterns, and in so doing undermines the sovereignty of Australia. While Abbot promotes a "Sovereign Border" approach to asylum seekers, his whole economic approach undermines our "sovereign economic borders".

I never cease to be amazed at the counter logical conclusions in Berg's blogs. Global Corporations corrupt markets, destroy democracy and ensure that a large proportion of the world's population remains poor and form a cheap source of labour. Yes, my observation, too, but they're not done yet or there wouldn't be such an urgency to create more NAFTA like free trade agreements. But or have you to divided your figure by the national population to see how the number looks on a per person basis or does it just seem like a big number.

The correct figure for Federal Government debt is: You are SIX orders of magnitude out. With such an impressive record, I guess you'll be doing the pre-election costings for the Coalition policies. I'd hardly call increasing Debt to GDP ratio from 9. Avoiding a recession and year on year growth is not? What would be brilliant surpluses and a recession? Are you seriously suggesting that the parliamentary wing of the ALP was not contaminated by the fraudsters, thugs and dodgy dealings of the ALP and its bully boys?

More like Detroit and if that means we get to sell Canberra then I am all for it. Useless piece of realestate that has been detrimental to this country since its inception.

We should sell Canberra in its entirety. We could then live on the income from our investment. Oh, wait, nobody wants to buy it at any price! A slave to the two party system till the end The impact on China was delayed due to their own attempts at stimulus but they have sought to become less reliant on exports and build domestic demand.

With little in the way of social security it is hard to see them changing the workers' strong saving ethic. Their exports took a hit, so they tried to boost their domestic economy to compensate. The Coalition have no commitment to creating long term, sustainable, well paid Australian jobs. All Abbott has is his Commission of Audit - mass public service sackings, outsourcing jobs to the private sector, offshoring IT jobs overseas, using skilled migration visas since to undermine local pay and conditions, worthless, vocationally irrelevant work for the dole projects to hide long term unemployment, the Job Network that is more expensive than previous labour market programs, promoting churn, high employee turnover rates with labour hire, short term, casual deadend jobs, green army.

One employment agency wrote this paragraph at the bottom of their ad on 24 Jul If you are on these cases, you are wasting your time and money to get Permanent residency through Temporary Residence Transition Stream. Despite the Opposition, the ALP's amendments to tighten visa regulations passed, and became effective from 1 Jul The reason is that Labor are looking for new scapegoats regarding their financial incompetence and increasing unemployment.

Rusty, I just told you that the ALP passed legislation to tighten visa regulations in both and after 2 inquiries. It's the Coalition that denies there is rorting in the visa system, the Coalition that sat on their hands for 11 years, the Coalition that created the semi-skilled, slackly regulated visa system in the first place 17 years ago in , and always the Coalition supporters scream "Why didn't the ALP fix the Coalition's mistakes?

All of these changes were made by the Labor government plus the introduction of a market wage, and were strongly opposed by a complacent Abbott and Coalition. The Coalition fast tracked visa approvals for the meat industry despite evidence of rorting, local job losses in the meat industry, and the meat industry employers seeking to water down regulations.

The Coalition thwarted the Fairfax's freedom of information request in election year when Kevin Andrews blanked out the names and other details of guest workers killed under the Coalition's visa scheme. The Coalition are committed to fast tracking guest worker approvals in their "northern special economic zone" with its lax IR regulations and environmental standards, and have stated that skilled migration will remain a "mainstay" of their immigration program.

The Coalition are committed to winding back protections implemented by the ALP under the guise of "cutting red tape". Rusty, As for increasing unemployment, we have Liberal state governements in Vic, Qld and NSW to thank for sacking public servants left, right and centre, plus Abbott who has designated 20, public service jobs for the chopping block.

Not to mention Campbell Newman's Commission of Audit, and the state Liberal governments outsourcing the public service to the private sector and replacing staff with casuals, contractors and labour hire. But that has always been the Coalition's mantra - casualisation and the accompanying job insecurity and unpredictability of income that comes with it.

And they wonder why consumer sentiment is low, why people aren't spending and are doing more of their shopping online. What an anti intellectual pessimist. Abbott will be tested in paying down the debt in hard times, should he fail that then he joins the triumverate to become whatshisname. Governments have a massive impact on the economy, we did not get here accidently like a tourist. Tony Abbott doesn't want to debate Rudd publicly at the National Press Club because he prefers to hide the detail of his industrial relations regime, mass privatisation of public assets and his plans to wind back the ALP's skilled migratino amendments "cutting red tape".

Bit hard to debate Rudd's economic policies when he is still inventing them. Rudd is simply trying to force the opposition to release their policies well before the election is announced.

He would then set Treasury onto them and invent ridiculous assumptions to build his case, cherrypicking the electorally appealing bits. Ignore him, he's a charlatan. All governments promise to cut red tape. Don't take them seriously. If Rudd is so desperate for a debate he only has to call the election. The record year for approvals of visas was under the Gillard government. So why did the ALP approve a record number if they thought they were being rorted - ineptitude?

Under Keating's highly skilled, tightly regulated migration scheme, we did not have the widespread rorting we have now, and during the 11 years that the Coalition was in government and did not even have a minimum wage, did not even have labour market testing, did not even have any onus on employers or employment agencies to advertise vacancies.

The Coalition's introduction of visas in 17 years ago also coincided with the start in the acceleration of visa overstayers. Keating had visa overstayers in single, double and triple digits, and the Coalition had visa overstayers in the thousands.

The Coalition voted against the ALP's recent amendments to the visa system. The Coalition continue to deny there is rorting in the visa system, and have pledged to wind back changes, sending a clear message to the rorting employers, employment agencies, migration agencies and education providers that it's open slather under his leadership.

OUB, John Hewson had the courage and decency to discuss both his policies and costings in detail during the election. Hewson fronted up for numerous interviews and discussed his policies in great detail. I will never forget how the Coalition completely failed to campaign on Workchoices during the election yet Abbott falsely claims to this day that his government had a mandate to implement harsh IR reforms.

Rudd has told Abbott the election will be held on a Sat. If Abbott is too spineless to debate, that's all the information he deserves. No one has followed his example since, on either side of politics. Why do you expect such charity from Abbott? I don't recall such a claim from Abbott. Not doubting you, just cautious about accepting you would provide such information without the full context.

Secondly, Paul Keating openly debated John Hewson and was upfront about discussing his policies, so it's not like it was only John Hewson being open with the electorate.

Thirdly, I despised John Hewson's policies but I have great respect for him to this day for the way he campaigned and opened explained his policies.

Fourthly, both parties can have their policies and costings scrutinised simultaneously in head to head debates so the electorate can better evaluate the strengths and weaknesses of both parties' policies. Lastly, I have never forgiven the Coalition for springing Workchoices on us in when they lacked the common decency to campaign on this major issue at all during the election. Yes we are a small ship as far as population is concerned.

Our exports are what drives this economy and that is why the high Australian dollar has been madness over the past few years. If we are going to export agricultural produce we have to have the currency at levels that make our exports attractive.

Coal is now showing some interest again as the dollar has retreated now that the Reserve has reduced what are high interest rates compared with our overseas competitors. The only reason we are ripping up fruit trees is because of the high Australian dollar and the average Australian looking for a bargain in tough times. How else does one explain why everyone is scrimping and saving? Except our Federal Government of course. If the interest rates had been lower the dollar would have stabilised to allow exports to continue, retail to grow, building and construction to grow, manufacturing to continue onshore and a lot of Australians may have holidayed in the country instead of overseas all the time.

Inflation could have been held under control, by a Labor Government, in the last six years with another accord but they didn't do it. Instead we have the NBN sucking up badly needed infrastructure funding. You may be able to sell your product overseas but it may take an extra day to get to the Port because road and rail have been ignored over the past six years, with the exception of Albo's dreaming of train sets of course.

Chris Berg making sense! Chris, have you sent a copy to Abbott and Hockey? The Labor stimulus was not a mere scattering however and whatever credit you give to China it remains a fact that without the stimulus we would have been up the creek without a paddle. Mining chugged along the same but they did off load a big number of employees. So let me get this straight Australia was in the middle of a bubble, both a mining bubble, a housing bubble and a credit bubble All government had to do was nothing.

Its the recession we had to have. Kevin Rudd kept the bubble afloat. Housing prices continue to grow unabated, cost of living pressures are again on the rise. I don't place blame on government for the GFC or for getting us out of it. I do however blame the stimulus for keeping our cost of living bubble well inflated.

I firmly believe it is governments role to ensure services eg highways, railroads, power and water. The Howard years failed miserably in this. If both parties privatise everything, there will be no need for government.

God help us when this happens. However it is Labor who set the privatisation barrel rolling and Australia has suffered for it ever since. There are some industries which do not need privatisation. One might also observe that it was labor state governments that failed in this are. Bob Carr's government for example.

Privatisation of public assets on a mass scale is exactly what Abbott has in mind for his Commission of Audit. Howard's Commission of Audit in led to the sale of most of our Commonwealth buildings and them being leased back at inflated prices.

Campbell Newman's Qld government, Costello led, recommendation Commission of Audit led to recommendations to sell public assets including energy providers and ports, outsource government work to the private sector "contestability" , sack thousands of public servants and replace them with contractors, casuals and labour hire employees. Campbell Newman recently announced he's selling off a public hospital to the private sector.

In Victoria, our Liberal state government is issuing 99 year leases on national parks to private developers, "cutting red tape" - making it easier for property developers to overrule council and community objections to high rise, high density, multi-unit developments, rezoning suburbs, increasing VCAT fees for objectors, selling off public land to private developers - public schools, public housing estates.

While Liberal state governments in Vic, NSW and Qld have sacked thousands of workers, they have collectively spent about a billion dollars on labour hire agencies to replace the public servants. Mate, check your facts first. Queensland was a mess, it is up to the LNP to sort it out. Why else do you think the ALP suffered the greatest loss in Qld history.

Because they are just like their federal counterparts. Bligh padded out the public service just to make up her employment figures. That's right - that's for ONE government payroll system. These are just a few of the reasons that the ALP was thrown out of government in absolute disgrace. So much disgrace that the esteemed premier, who did win her seat back, resigned the day after the election.

And you all want this for Australia? Read "Tristans" posts, he is obviously Rudd the Duds intern or is smoking something that isn't subject to tax I'm thinking. Straight out of a Labor youth movement or worse with no conception or consideration of the last six years of Labor wrecking, just admiration for the wreckers.

Someone who obviously believes in fiction over fact. Right now the 'Labor youth movement' can't stand Rudd.

But Tristan is correct. Libs hate the facts. Rudd had no part in the pink batt scheme. That was someone else's fault. Rudd had no part in the school hall program. The stuff ups there were also someone else's fault. And his Fuel Watch scheme didn't fail. Petrol prices would have been well down by now, if someone else hadn't stuffed up.

Don't you get it, Chris? Rudd is the messiah. He'll fix all of our problems for us. He is our hero. Every day he's photographed doing something wonderful for us. We love our Dear Leader. I cannot understand why some of my friends see him as a shallow, self-serving media tart who white-anted his colleagues to reclaim the top job. How could anyone say that about our Kevin? Our very own Superman. And at the hands of Superman Kevin, Tabbott and the Coalition is set to lose the unlosable election again.

It will all take place in Queensland where Superman will win back a swag-full of seats because Queenslanders love Queenslanders and their man is back.

It seems that your vision is better than Superman's. You can see the future. Could you just let me have the winning Powerball numbers. Perhaps the first time I've ever agreed with Chris Berg The decision to stimulate the economy during the GFC did indeed ensure that we made it through the worst of the downturn relatively unhurt, until Chinese demand came back on line.

Of course it only worked until then, but that was always the plan. The subsequent claim -- by the opposition -- that China saved us, not the Government, was the real con job. Governments can't decide the way the big winds blow -- but they can see that the infrastructure is in place to maximise the benefits, and see that those benefits last.

Stuff like the NBN. The things that Howard and Costello manifestly failed to do, and Abbott shows no interest in whatsoever. It is Keating who introduced the dropping of tariffs which killed manufacturing. It is Gillard who spontaneously and unilaterally stopped the cattle trade to Indonesia, harming our farmers and enfuriating our Indonesian trading partners. Or it is politicians who do not do enough, like supporting our small businesses and our ability to grow our own food, as we get swamped by cheap imports.

In order to be fair to Labour, it's Costello who introduced the baby bonus which causes some public schools to be full of unwanted, neglected kids who need extra help. No wonder there is not enough money left for constructive projects! Tariffs began to drop under Gough. It was a slow end to protectionism which is something which Liberals should and did support.

The idea to make our industries more competitive and not hide behind a tariff wall. Its consequences are not always something everyone is happy with. Its alternative has been direct subsidies to some industries. Your comments on the cattle trade are old hat and outdated. Not really working all that well though. Burke, We have animal cruelty laws for a reason. If countries can't abide by it, then the live animal trade should be abolished permanently. There is little doubt that Australia is a little fish by international standards.

However to imply that our economy is not important is quite wrong as it the settings, successes and failures impact directly on each Australian's life. In that regard it's extremely important that policies are set in a manner to assist our financial well being rather than hinder it. A simple set of questions will indicate a consensus to illustrate the point: The reasons why we object are also contained in the common sense answers When I saw Rudd make light of the debt his mob has accumulated infuriated me and started me recalling all the reasons why he was removed as Rudd I recalled the financial mismanagement, escalating debt, negative policy impacts of poorly though out policy by way of pink batts, BER, Mining Tax, Petro; watch, Grocery watch, the ETS backflip My memory of Rudd then drifted to his duplicity when on one hand he professed support for Gillard and on the other sabotaged her and the Party during the election campaign, a campaign had he not interfered would have Gillard win the election in her own right The memory of his wilderness years were no better.

His duplicity and divisiveness continued to the point where his own colleagues referred to him as being 'a psychopath, a control freak who refused to delegate, in fact this was escalated to an abusive control freak by a US Ambassador, yet others called him a megalomaniac, egocentric Following this MP's resigned and others vowed never to serve under him again.

But most like Shorten, Macklin, Burke,? Perrett who promised us he would immediately quit parliament and for a bi election if Rudd took over , Elis, Plibersek, Wong? So I won't take the risk of having a once described 'megalomaniacal psychopath' leading our great Nation Cherna; Our sovereign debt is the lowest in the world-yet our household debt is the highest.

I would prefer to suffer an increase in our sovereign deficit to that scenario. Like it or not- the world is in transition from the debt funded economy of the Howard years to- who knows- but may be one of less exponential credit and consumption growth. If that transition is funded by Govt debt-so be it- as long as my grandkids still have a roof over their heads and tucker in their bellies. Rob and Tristan Well then I guess we'll have nothing to worry about.

I'll expect Bowen to leave money in the Bank for Hockey as well as a surplus. I sure would like to default and have Bowen pick up the tab.

Apologists for Labor do stretch a longbow don't they? Cherna You really are being quite silly. Have you ever heard of the domino or multiplier effect? It works like this. Your young neighbour has a high mortgage- as most young families do these days, His wife loses her job and he has to take a cut in his wage. They not have the moeny to spend and cannot borrow any more. They have to sell their home for les than what they owe the bank.

We have been duped by the biggest fraud in history and have you no damn idea of what has happened. Government debt CAN be monetised- private debt cannot. Our sovereign debt is not the lowest in the world. I bet there are at least a dozen countries with less. How was I responsible? I did not run a debt driven economy- I did not allow the banks to flood the market with cheap money- I did absolutely nothing to allow financial engineers to design a financial machine which made a few individuals staggeringly rich and turned everyone into debt slaves-soon to be labour slaves.

I did not create CDOs, credit swaps and other you beaut instruments of credit. How much growth do you think there would have been in the economy without household debt? Its like filling a room with smoke and then blaming those inside for suffering from smoke inhalation.

Banks and Governments filled us all up with smoke. Okay John and Burke, what do you think the foreign debt and current account deficit was under Costello? What's the chance of getting it included in the national education program so there is no excuse for the blind ignorance of our global position on which politicians like to feed. As anything else, the world will be there tomorrow, with or without Rudd and Abbott, and in the same shape and same conditions. Chris Berg has discovered that the Australian economy is part of the big world economy.

I mean, it took 6 bloody years for a Coalition supporter to admit that! Finally, the GFC will take its right place in the collective conscience of this country But hey, wait a minute, where is the GFC in your article Chris? Hmmm, I knew it was too good to be true Ok, back to the usual IPA pro-Liberal manipulative thing But I partly agree with this, as I also expressed a similar concept in various of my comments: Chances are that there may be international growth and Labor fully deserve to be there after the GFC and the EU debt crisis, they certainly do deserve a little reward Divine justice, shall we?

But ultimately, it's determined by both, Chris! Government accounts for about a quarter of all spending in Australia. Yeah, it will have a substantial effect on the economy. OK but they have to tax us to pay for it. If they did not spend it, they would not have to tax us.

The actions of international groups to force up the wages of Bangladesh workers in jointly dumb and idiotic. All that will happen is the manufacturers will find another country with a source of cheap labour and you see it ll move. Not withstanding all his or her faults, you find that he tends to do more good than harm. He might be a bad boss but at least he? There are things the Government can control, and things they cannot control. It's true what you say, the economy is open and vulnerable to foreign upheavals.

But it is also true that the Government is utterly ineffective in dealing with things which it should be able to control, like unfettered crime in the domestic financial services industry. Look at the whinging that erupted when people receiving fringe benefits were told they now have to keep a MV log-book.

Why were they whinging? Because they can no-longer rort the system. Libs or Labour - I say cut the admin in half. Put the savings towards debt reduction, health and education.

Surpluses to a Sovereign Wealth Fund. The so-called GFC enabled a vast amount of outright fraud, embezzlement and catastrophic management and accounting failures, crimes committed in Australia which had nothing to do with conditions overseas, to be simply swept under the rug and ignored. Chris its good to see that someone else realises we are just a piss pot nation with a lot of minerals and no control over our own destiny ,because others are pulling the strings.

Just look at the IT situation where we are continually screwed, the dumping of crap at coles and woolies stores so our farmers can be controlled, the manipultion of our currency by other countries and it goes on. Agree Chris, But it is up to the Government of the day to make the most of the situation in which they operate. The fact is due to Labor being in cohorts with the union movement and being subservient to the UN on everything from climate change to refugee policy we now have one of the most high cost and unproductive work forces in the world, are now one of the most expensive places on the planet to live and do business, while being internationally uncompetitive in manufacturing and service industries.

Casual workers with no job security have less discretionary income and will often choose the cheaper option out of necessity. Employers have refused to train workers, instead opting to use guest workers to undermine local wages and conditions since They have also deskilled the workforce by outsourcing and offshoring tens of thousands of jobs over 17 years. Business are burdened with all the extra paperwork thanks to the GST, doesn't make it cheaper to do business. As for Ataraxia below,trickle down economics has been practised in the US since Reagan and is a complete failure.

You could also explain why some kinds of workers like IT workers and manufacturing workers get outsourced, so in many cases they earn less than they did 15 years ago, while other workers like lawyers and accountants are immune from this?

You could employ a Chinese lawyer or accountant if you wanted to. Would be worth even less. Chartered accounting firms have been sending accounting jobs offshore for years, and the same opportunities for graduates that existed years ago no longer exist. Even if the creation of wealth is contingent upon foreign forces, domestic governments do control its distribution. Do we give people with enormous riches more and hope it trickles down with the minimal effect suggested by this article, or do we provide more for the needy?

I know which model I'll be voting for. We share some common ground at last oops, sorry, I'll move over here a bit. I think the role of government is largely to redistribute resources. And photo opportunities, but it's better to concentrate on the former. Redistribute too much of it to the needy though and you have a negative impact on the whole.

Which will trickle down to the poor. Guess who I'll be voting for. Conversely OUB recent history shows that if you redistribute too much of it to those who NOT need it- you have an even bigger impact on the whole. Guess who I will not be voting for. There's a balancing point there somewhere GCS. I expect I am sitting somewhere to the right of that and you to the left. We will never be able to prove who is sitting closest. But I am not moving. Excuse the bleeding obvious, but you have to create wealth before you can distribute it.

You create it by having multinationals dig holes in the ground. Before you do, you might want to get and see what's really going on. Welcome to join us here in the Gong on Tuesdays and Thursdays nights, just ask one of the many homeless, working poor or single parents heading for wherever we set up depends on the weather.

My observation and that of many I speak to is the "poor and needy" have had it much worse under the ALP. Come and talk to them, there is plenty of them and growing fast, I'll shout you a veggie soup.

This ALP is a sham and needs a reboot, having lost all credibility and their "values". Lost the plot big time and they will not listen until the voters force them to with a No 12 boot up the backside. Well, it is true we need to follow the world's lead, it is not true to say the government can do nothing. The government can choose where to spend the money, it can set the policy for workplace reforms which matters a lot for productivity.

Internally, the policy differences will mean a lot on who gets what, and that will determine what mindset a population would have. Under Abbott, we will have the removal of unfair dismissal protection, slashing of penalty rates, reintroduction of statutory, non-union individual contracts and a new body to overrule Fair Work Australia decisions.

Abbott is also committed to the uncapped, skilled migration scheme despite widespread rorting, thousands of skilled jobs being outsourced and offshored overseas, the thousands of unemployed, skilled Australians on Newstart or work for the dole programs, and is set to wind back the ALP's regulations under the guise of "cutting red tape".

Abbott also plans mass public service sackings and replacement of staff with casuals, contractors and labour hire employees "contestability" as demonstrated by the Vic, NSW and Qld Liberal governments. As the Financial Review reported, Abbott also has an "understanding" with IT offshoring companies that tech offshoring will accelerate under his government. They were still putting up interest rates when the storm was brewing. Could you please let us know if there are any worthwhile books on the 's 's depressions.

It has always interested me how many now small country towns have buildings from those era that were built in the belief that there would be continuous prosperity. Your reference to the Melb housing boom might prove to have currency. Chris Your analysis doesn't mention that Aus avoided the last 3 world downturns.

We didn't have a recession during the east asian finanical crisis, tech wreck or GFC. Clearly we have some control over our own destiny. To say the stimulus package had no effect is ridiculous and flies in the face of all data. Retail was propped up by the tax rebate and the construction industry supported by the BER.

While any new government expects a honeymoon No wonder Rudd does not want Parliament to resume with these amateurs facing question time. Rudd himself has been branded a psychopath,chaotic,evil, by party members Fergurson,Emerson and Barrett will not even stand at the next election..

In other words it is just coincidence that the economy on average performs better under a Liberal government than an ALP government?

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Is that many people file bankruptcy 10 seats bsiii general motors, spark, 1 Course, anti-lock brakes, a car that he can't pay for your daily schedule allows for the rest of the year Earlier in the right mix of low cpc rates. All of these nations are members of an international initiative called "The Bolivaran Project", which seeks to replace "free" trade with fair trade and the monopolistic markets tolerated by western nations with genuinely free markets that work against, rather than toward, monopolisation.

Countries like Cuba, Venzuela and Brazil are becoming eocnomic powerhouses largely as a result of their investment in the people. They can trade without losing most of the value of what is traded to hangers-on curency traders, futures traders, bankers, financiers and other spivs as we do in the west. The result is a more efficient economy and a happier population. Perhaps we should be looking closely at what they are doing right.

The latest thing a "domestic politician" did, was alter the arrangements with a tax, this alteration FBT cost several hundred people their jobs and effected some , taxpayers. The automotive industry was, and probably still is the biggest single employer in the land. And people don't think domestic politicians can effect the economy!!!!

MJ I thought you would be across this The bit about " Neither Mr Berg, nor myself, are talking about every pointless, nit-picking example good folk such as yourself can dredge up - just the "big ticket" items that CLEARLY are the result of forces far more powerful than those attributed to any deadbeat politician of whatever stripe.

Try reading the article again Cus - you seem to be becoming bogged down in minutiae. Did several hundred people really lose their jobs. I saw some threats being made and some huffing and puffing but I don't think I've seen any media follow-up on whether people actually lost their jobs. And even if they did lose their jobs after the statutory method was dropped in favour of the log-book method, it must have been a pretty tenuous business model the "employer" was operating!

Why's the sky falling now? The demise of benefits for subsidised motor vehicles is another nail in the 'middle class social benefits scheme'. I look forward to the demise of negative gearing, tax benefited superannuation schemes and other such rorts that do not add add an iota to the GNP but just provide employment to the useless third of society. No exisiting lease-holder will be affected at all by this minor change.

The only people affected will be those who enter into new lease agreements and, as they are aware of the new arrangements, are in a position to judge whether a novated lease representes value-for-money in their individual circumstances. While it is true that ONE leasing company has let some staff go, the vast majority have remained entirely unconcerned by the change because, even when it is made, it will only negatively affect those who are rorting the system by claiming FBT exemptions to which they are not and have never been entitled.

As most people using the system are NOT rorting it, they will notice no real change apart from having to keep a log book for a few months every five years. For the millions of Australians who do not have access to salary-sacrifice arrangements, the reform will ensure that they no longer have to subsidise rorting of the FBT system.

Are you really sure that you want to be sticking up for the rorters? Forget it, v, on the FBT issue 'custard' is not for turning. It was a small rort then, but thanks to creative manipulation and sales drive by the companies providing the salary packages, it is now a major rort.

It needs to be shut down. Hint, custard, I don't like subsidising someone elses private use of a motor vehicle. Heealth services is biggest at Motor vehicle and parts manufacturing is only 0. In fact, the value of the dollar has a far greater impact on this industry than some tinkering with a tax dodge. Didn't you get the ALP propaganda memo? If the economy is going good, it is because of Labor leadership.

If the economy is going bad, it is because of Tony Abbott. And if the budget situation worsens, it's because of revised global conditions and Tony Abbott. Do not forget the Coalition propaganda memo: If the economy is going well, it is because of Coalition Competence.

If the economy is tanking it is because of the ALP. And if the Budget situation worsens then it is because of global conditions and the ALP. I think you missed Chris Berg's Point - we are so small we catch cold when the U.

Except when the USA, Europe and Japan sneezed in Australia was one of only two developed countries that didn't catch a cold. You mean the mining industry that laid off staff when the GFC? Perhaps you really mean "thank the Chinese for that". The mining industry couldn't have done ot without them. Perhaps now you see the point of this article?

But we all know now that the LNP is only talking about government debt. Not the worst type of debt, which is private debt. The LNP lets the banks go on a private debt borrowing binge that the taxpayer is ultimately responsible for as the government is required to guarantee the banks and will be likely to be required to bailout them out after an external shock has caused them to fail.

And we now also know that government debt is better than private debt. Because government debt is typical denominated in Australian currency where as private bank debt where the money has been borrowed from overseas is often denominated in foreign currency. It should be obvious that it is better to have as much as possible of our excessive private debt levels denominated in Australian dollars not foreign currencies.

Hence part of the rise in government debt under Labor has been to shift foreign private debt held by the big Australian Banks to the Government Balance sheet denominated in Australian dollars. But people should not be fooled, Australia is still in a very precarious position thanks to the enormous private debt levels generated by the big Australian Banks during the Howard and Costello years.

Machiavelli's Cat, the decision to guarantee bank deposits up to a certain level was necessary, not because they were in any real danger, but to stop some panic that was creeping in to the market. It was a good decision as it didn't cost anything to the Government but gave peacer of mind to many smaller depositors. At the time there was a series of investment funds that were freezing withdrawals and there was a fear that people would panic and get cash out from where ever they could.

There is nothing wrong with private debt, Joe, as long as it remains private. If I have a mortgage on my house and can meet the repayments, then no problem exists.

If I then run up a balance on my credit card, but pay off the balance, then still no problem exists. But if I don't buy a house, then the builders don't sell it, and they do have a problem.

If I don't use my credit card to buy petrol, or some new clothes or groceries, then the retailers have a problem. As long as my ability runs alongside my capacity, there is no problem. The problems arise when I am saddled with a debt I did not incur and have to pay it from my unchanging income - or worse, my non-existent income.

This happens when Governments run up debts but expect individuals to meet the obligations. That has just hit 3, people in the finance industry who have lost their jobs due to the FBT changes. That was a simple exercise.

Bowen changed the tax regime. And when people lose jobs they don't buy petrol or new clothes or groceries. Your example about bank borrowings is off the mark.

Borrowings by banks are not private debt - they are business debt, and completely different guidelines apply, even though the principle remains unchanged. If a business borrows within its capacity to repay, there is no problem. But when an external factor beyond the control of the business intervenes, then there is a problem. Going back to the FBT question, it now seems that at least , new cars will not be sold because of this change.

Now you can add thousands more job losses in the car yards, sales offices and service divisions to those 3, in the finance sector. All of these problems have arisen from Government debt, not private debt. I find the hysteria about tightening the FBT rules ridiculous. The idea behind them was for people using their vehicles for actually working - Tradesmen, sales people, managers going from one worksite to another, etc use their vehicles for "work", not commuting.

A fair tax deduction. What would have been better was if the deduction was only available for Australian built vehicles unless it could be shown that the required vehicle was not available from local manufacturers. Imported passenger cars would never meet this criteria. Overall, this would have been a boost to local manufacturing and improved our balance of trade.

Sadly, this never occured. Commuting is not tax deductable. To use a new vehicle purchase to actually dodge tax under a salary sacrifice scheme is not an appropriate or fair use of that process. Most Australians could not access a Novated Lease if they wanted to do so.

So these schemes were only available for a relatively small number of taxpayers. The tightening up of the rules, requiring those on such schemes to use a log book to justify their claim is only fair. Why should the rest of the taxpayers subsidise this select few? What long term effect? Well, those needing a new car will still get one. Some may opt for cheaper models, or less accessories. Some may postpone their purchase by another year and some may opt for second hand vehicles.

Those that do this were clearly not genuinely buying business cars, but taking advantage of tax loopholes. I have to wonder at an industry consisting of financiers, tax accountants and lenders whose main modus operandi being a tax loophole.

How many sales will be lost? As many as there are people rorting the system. Given Holden has just taxen yet another injection of taxpayers money and still won't guarantee their Australian manufacturing for more than another 9 years, I don't see any real problem.

The time of Ford and GMC Holden manufacturing in this country is over, they will be leaving these shores with sacks filled with Australian taxpayers money, to be used to set up factories in more 'economically viable markets'. If you want evidence of this I suggest you look at the closing of production of the Ford Transit van also heavily subsidised by the British taxpayer in England.

Ford is moving its production to Turkey of thsi iconic vehicle. The FBT changes are part of an attempt to make savings and improve the budget bottom line.

Basically shifting costs from the taxpayer to the individual. Do you support this approach or would you prefer the goverment to continue distorting a market and racking up debt? You can't have your cake and eat it too.

John, nothing wrong with private debt? Mortgage defaults and foreclosures that came with GFC were not cause by government debt. Private debt is a massive problem, and will be even worse once we are in recession next year due to the massive spending cuts that are coming. You didn't read what I wrote, did you? I'll refresh your memory by a quick cut-and-paste from my entry above: The mortgage defaults and subsequent foreclosures were, in the main, due to faulty lending practices by the banks and other financial institutions, and were therefore not failures of private debt but of mismanaged business debt.

Australia is one of most highly leverage countries in the world, a small recession would be a disaster with all the private debt on homes that are not worth what people are paying for them. Just a matter of time. I am talking in a broad sense, not your limited view. Source please, for this amazing statistic.

A very simple solution And did you get the Liberal propaganda memo? If the economy is doing good, it's because of the structural reforms of the Howard government. If the economy is going bad, it's Labor's fault. And if the budget situation worsens, it's Labor's fault. Agh the Labor cronicles at it again, blaming all but themselves for the massive debt they have incurred and expecting the problem to fix itself.

It wont, and Rudd the Dudd's time has run out. Reality check "Tristan" because you need one. Labor has amassed a massive debt that is now requireing the equivalent of the entire annual budget for the "Department of Defence" and some just to service the interest on that debt and not paying down any of the principal. My super-annuation entitlements and other earnings attract the maximum amount of taxation and will for the rest of my life.

Just an average joe, I've always contriburted to my super-annuation paying tax on the way in and tax on the way out so don't give me any dribble about concessions either way middle class welfare. Hah, who is this middle class welfare, because I will never qualify for an old age pension neither my spouse because we planned for our retirement and at the end of the day are not rewarded for that. I'm guessing I should have purchased that extra house, boat, carton of booze, case of wine, joined the golf club, etc etc along the way so I wasn't so cashed up at the end of the day and could bludge off the public purse.

But then, what about them poor buggers who Rudds Razor gang must surely be targeting now, or is it I'm in for another shafting by the socialist dictator who has caused the problem in the first place. Gotta love the Labor Party faithful, but over my voting and working lifetime have learned to hate them.

Good luck with yourpolitical alleigences 'Tristan" because no doubt Rudd the wreckers lot will catch up with you to. The extra house and boat count as assets for centrelink pensions. If you don't qualify now then buying the house and boat would have made no difference. Try and live on the pension Frank, its barely enough to live on. Debt is not massive, private debt is the real worry, and will be next year when the recession hits.

An interesting rant Frank, unfortunately you've managed to completely avoid the point of both the article and the valid points that has Tristan made. You've also made the mistake of ignoring the effects of the GFC and are making the common mistake of confusing economic management with budget management.

For the record I'm not faithful to any party, blind ideology is a pretty dumb way to decide one's vote. Government coffers are still paying the price now because the Coalition opposed the original mining tax which would have raked in billions of dollars, and has left both sides now scrambling for alternative sources of revenue.

Many economists criticised the Coalition pork barrelling the electorate, especially during the and elections and squandering the opportunties offered by the mining boom on uncapped, non-means tested middle class welfare.

This was started by Keating and continues today from offices in Canberra to offices of the PM in Sydney. Please detail all this debt you infer the Commonwealth government had in ? Facts and figures please. Where is the money?????????????????????????? Hasn't it been Tony Abbott and Joe Hockey has been deriding the economy has been in the tank the entire time and it was Rudd and Gillards fault? And what's good is leftover from the Howard legacy? Please don't throw stones in glass houses.

You bet what is good is left over ifrom Howard and Costello. Take the Future Fund for example into which funds from budget surpluses were banked. Hence the FF no longer meets any where near enough proportion of the superannuation costs of the public service and the money will have to come out of gegneral revenue like the interest bill on the debt etc. It was set up with SOME of the proceeds of the sale of Telstra and, as such, stands as a testament to the Howard governments failure to deliver on its promise of a modern, high-speed telecommunications network that was supposed to result from the sale.

Besides, it is miniscule when compared to the huge boost to national savings provided by the Superannuation Guarantee Levy. Had Howard simply continued the SGL policy, increasing the employer contribution on the timetable set out by Keating, the extra funds accumulated would have effectively doubled our national savings and placed us in a much better position to meet the challenges of the GFC.

Howard's decision to abandon national superannuation and to encourage unsustainable, debt-driven consumption as a way of pump-priming an overheated economy placed Australia in a very vulnerable position in the lead-up to the GFC. Without prompt action by the incoming Rudd government to prick the inflation bubble, we would have been in dire straits.

But this is not surprising. This is how it has worked in Australia since the days of Bligh and MacQuarie. Progressive reformers striving to build a modern, independent society and whingeing tories trying to wind back and frustrate reforms already in place. But then then Coalition have never been about supporting Australian jobs.

Labor has an appalling record when it comes to managing the economy and wether it's state or federal politics when they leave office they always leave a huge mess behind. James G, "Labor has an appalling record when it comes to managing the economy" Labor elected to governemnt after twenty three years of economic stagnation in which most of the manufacturing industries set up by Chifley dissappeared and those that survived were so heavily protected that they had become hopelessly inefficient.

Whitlam government introduces the Trade Practices Act, drastically reduces tarrifs and starts the process of internationalising the Australian economy. The world experiences the "Oil Shock" recession. Whitlam initiates a stimulus program and maintains employment and economic activity while simultaneously initiating major infrastructure projects to improve livability and health in our major cities and to upgrade our crumbling schools infrastructure.

Abolishes wage indexation and prohibits wage increases. Living standards plumet, poverty soars, bankruptcies shoot through the roof and Australia falls into "stagflation". The rest of the world has recovered from the "Oil Shock" and is growing strongly while Australia continues to languish. Hawke government elected and immediately replaces the wage freeze with The Accord.

Productivity soars, incomes grow and the recession ends. Hawke and Keating engage in a major modernisation of the Australian economy including the floating of the dollar, independence of the Reserve Bank in setting interest rates, revamping consumer protection and forcing greater competition in the economy, introducing universal superannuation, reviving Whitlam's efforts to internationalise the economy and reviving the crusical car manufacturing industry.

By , Australia had a small but growing IT export industry and was fully engaged with the world economy. Keating was chosen by UNBIASED international commentators as the best finance minister in the world an honour shared by only one other Australian - Wayne Swan and our economy was considered to be in excellent shape with unemployment, interest rates and inflation all trending sharply downwards. Immediately slashes government spending, initiating a surge of job-shedding in the economy.

Unemployment rises so steeply that Vanstone orders the ABS to change the definition of an unemployed person in order to keep the numbers down. Sells of Tesltra, promising that the new private owners will construct a world-class high-speed telecommunications network and we all know what ACTUALLY happened, don't we. Continues to sell off strategic assets to fund shortfalls in revenue caused by contractionary economic policies.

Great post, Zing - it really shows a deep understanding of economics and an appreciation of the vagaries of the world economy. I gather, though, that you are actually agreeing that NEITHER side of politics has any real power to make large scale impacts on the Australia economy? Lost of talk but no real clout. Or is it that the economy can only be "good" under the Coalition and "bad" under Labour? If you are trying to suggest that only one side of politics plays the rhetorical blame game then you have your head in the sand.

That's the pitiful game! Not sure I agree with all of this. I am of the opinion that our Governments, regardless of their persuasion, can do little to dramatically improve our economy, ostensibly for some of the reasons outlined by the author. However, I am also of the opinion that it is well within their power to bugger up the economy. This is underestimated in the article.

It did not work for Argentina, Germany, Indonesia and others. It seems to be working now, except that the money printers will never pay off their debts. That is the lender's problem China. What puzzles me, is why we are not seeing rampant inflation as we did on all previous occasions. It may be because we can all buy cheap products from China, Bangla Desh etc But how long will this continue?

And you didn't get the one where the Liberals say interest rates will always be lower when they are in power? I take is a given that Australia's economy is small and government can only do so much but I do not accept that the efforts of Labor during the CFG did not cushion the impact of what was happening across the world. If government didn't have an impact then why bother with the Reserve Board's raising and lowering interest rates? And why haven't we had a recession since what was it ? Our economy is not as easily turned as the leaders would like said but government is also not powerless to impact what is happening.

What happens in China is only one part of a much more complicated picture and Chris should know and acknowledge that fact. I always thought Howard was right about this, because of banks having more confidence in his government than in Rudd's or Whitlam's. This is still true, but we now have a central bank which responds to a weak economy by reducing interest rates. Since Rudd, Gillard, Whitlam always give us a weak economy, this seems to give us lower interest rates in consequence.

Not sure this is the right way to do things, but it does seem to be happening. So perhaps Howard was wrong, but not in the way any of us expected. I though it went like this. Things are crook because this is a bad government. And the only reason things are going so well is because of the Howard? Costello legacy and the mining boom. Problem was that tax receipts increased enormously. Swan would like us to believe that this once in a year history was because of his government's actions.

But despite this we needed to have deficits. Fortunately Peter they werent,my Share portfolio and Superannuation have never been in better shape. The Australian market peaked November 1, , at around More than points north of where we are.

Overseas investors pushed it there, seeing Australia as providing better value than stretched foreign markets. Those markets largely ran on the back of artificially cheap wholesale funding markets. I can't see us getting back up there again before another reversal. But I can hope. Australia is not a very small country, on any measure. Our population puts us well and truly in the mid-range category - four times New Zealand or Singapore, three times Switzerland or Israel, double Sweden or Greece.

Overall we are about 50th of more than countries in the world. Whenever an author begins by saying how small we are, we just know that he is about to make excuses for failure. Couldn't agree more Andrew and the author didn't even mention balance between operating cost and total revenue, in any operation costs should not outstrip income. In mid December last year they categorically told us we will achieve surplus in the May Budget, everyone knew by last October that they wouldn't, early April the deficit was going to be 7 Billion, a week later Swan told us 12 Billion, a week later 17 Billion, I can wait to see the actuals in September.

But no Journalist, especially from this organisation take them on over their lies, if it was Abbott Abbott Abbott the bloody sky would fall in. Who would believe Abbott? Abbott, the Employment Minister who presided over widespread rorting in his Job Network and skilled migration system and billion dollar budget bailouts.

Abbott, the Health Minister who presided over his Medicare Plus safety net billion dollar budget blowout, also with widespread rorting. Me over Rudd any day. Todays announcement, lets give the DFRDB pensions people a fair indexation system, after all we've been saying no to them for the last six years and voting down the private members bills. And Tony Abbott of course has already committed to it. What a joke, anything to buy an election and is it any wonder my local member verballed Rudd so badly before betraying Gilliard and joining his circus.

How is he going to explain this latest backflips after all the excuses denying veterans for the last six years. Well most veterans of course have honesty and integrity in their DNA and wont be bought so easily. Unlike Labor who seem to be throwing all their values to the wind. What a joke, but then after six years of lies and deceit sensible voters are used to it.

Oh and the Coalition has already committed to the DFRDB pensions indexing from aged 55 not 60, so Rudd is really not serious in any case. Abbott's plan for the budget emergency is to create a great big new tax, talk about stopping the votes,.

All the rorting of the visas has occurred in the last 6 years according to the Rudd government under the watch of the ALP. Indeed the record year for approvals for visas was under the ALP government.

Maybe that was because we have had 70 front bencers in the last 3 years and no one in the ALP government actually knows what portfolio they are running today or what they are supposed to be doing.

We are also the 11 largest economy in the world. When will the comentariat in this country stop putting us down!!! It is quite correct that Australia's economy is to a large extent controlled by global corporate organisations. The level of control is sufficient to suggest that we no longer live in a democracy, because the government is prevented from implementing the will of the people.

The Keynesian approach suggests that governments can redistribute the impact of the global economic environment and Rudd used this feature to limit the effects of the failure of the current global market economic model.

Abbott on the other hand promises a turn around with his presence in the lodge because he knows that much of the downturn in government revenue has been managed by global capitalism manipulating the Australian dollar and withdrawing investment to punish a government that dared to tax super profits of mining companies making super profits while not returning sufficient to the Australian nation. Global capitalism votes for Tony Abbot through its investment patterns, and in so doing undermines the sovereignty of Australia.

While Abbot promotes a "Sovereign Border" approach to asylum seekers, his whole economic approach undermines our "sovereign economic borders". I never cease to be amazed at the counter logical conclusions in Berg's blogs. Global Corporations corrupt markets, destroy democracy and ensure that a large proportion of the world's population remains poor and form a cheap source of labour.

Yes, my observation, too, but they're not done yet or there wouldn't be such an urgency to create more NAFTA like free trade agreements. But or have you to divided your figure by the national population to see how the number looks on a per person basis or does it just seem like a big number.

The correct figure for Federal Government debt is: You are SIX orders of magnitude out. With such an impressive record, I guess you'll be doing the pre-election costings for the Coalition policies. I'd hardly call increasing Debt to GDP ratio from 9. Avoiding a recession and year on year growth is not? What would be brilliant surpluses and a recession? Are you seriously suggesting that the parliamentary wing of the ALP was not contaminated by the fraudsters, thugs and dodgy dealings of the ALP and its bully boys?

More like Detroit and if that means we get to sell Canberra then I am all for it. Useless piece of realestate that has been detrimental to this country since its inception. We should sell Canberra in its entirety. We could then live on the income from our investment. Oh, wait, nobody wants to buy it at any price! A slave to the two party system till the end The impact on China was delayed due to their own attempts at stimulus but they have sought to become less reliant on exports and build domestic demand.

With little in the way of social security it is hard to see them changing the workers' strong saving ethic. Their exports took a hit, so they tried to boost their domestic economy to compensate.

The Coalition have no commitment to creating long term, sustainable, well paid Australian jobs. All Abbott has is his Commission of Audit - mass public service sackings, outsourcing jobs to the private sector, offshoring IT jobs overseas, using skilled migration visas since to undermine local pay and conditions, worthless, vocationally irrelevant work for the dole projects to hide long term unemployment, the Job Network that is more expensive than previous labour market programs, promoting churn, high employee turnover rates with labour hire, short term, casual deadend jobs, green army.

One employment agency wrote this paragraph at the bottom of their ad on 24 Jul If you are on these cases, you are wasting your time and money to get Permanent residency through Temporary Residence Transition Stream. Despite the Opposition, the ALP's amendments to tighten visa regulations passed, and became effective from 1 Jul The reason is that Labor are looking for new scapegoats regarding their financial incompetence and increasing unemployment.

Rusty, I just told you that the ALP passed legislation to tighten visa regulations in both and after 2 inquiries. It's the Coalition that denies there is rorting in the visa system, the Coalition that sat on their hands for 11 years, the Coalition that created the semi-skilled, slackly regulated visa system in the first place 17 years ago in , and always the Coalition supporters scream "Why didn't the ALP fix the Coalition's mistakes?

All of these changes were made by the Labor government plus the introduction of a market wage, and were strongly opposed by a complacent Abbott and Coalition.

The Coalition fast tracked visa approvals for the meat industry despite evidence of rorting, local job losses in the meat industry, and the meat industry employers seeking to water down regulations. The Coalition thwarted the Fairfax's freedom of information request in election year when Kevin Andrews blanked out the names and other details of guest workers killed under the Coalition's visa scheme. The Coalition are committed to fast tracking guest worker approvals in their "northern special economic zone" with its lax IR regulations and environmental standards, and have stated that skilled migration will remain a "mainstay" of their immigration program.

The Coalition are committed to winding back protections implemented by the ALP under the guise of "cutting red tape". Rusty, As for increasing unemployment, we have Liberal state governements in Vic, Qld and NSW to thank for sacking public servants left, right and centre, plus Abbott who has designated 20, public service jobs for the chopping block. Not to mention Campbell Newman's Commission of Audit, and the state Liberal governments outsourcing the public service to the private sector and replacing staff with casuals, contractors and labour hire.

But that has always been the Coalition's mantra - casualisation and the accompanying job insecurity and unpredictability of income that comes with it. And they wonder why consumer sentiment is low, why people aren't spending and are doing more of their shopping online. What an anti intellectual pessimist.

Abbott will be tested in paying down the debt in hard times, should he fail that then he joins the triumverate to become whatshisname. Governments have a massive impact on the economy, we did not get here accidently like a tourist. Tony Abbott doesn't want to debate Rudd publicly at the National Press Club because he prefers to hide the detail of his industrial relations regime, mass privatisation of public assets and his plans to wind back the ALP's skilled migratino amendments "cutting red tape".

Bit hard to debate Rudd's economic policies when he is still inventing them. Rudd is simply trying to force the opposition to release their policies well before the election is announced. He would then set Treasury onto them and invent ridiculous assumptions to build his case, cherrypicking the electorally appealing bits.

Ignore him, he's a charlatan. All governments promise to cut red tape. Don't take them seriously. If Rudd is so desperate for a debate he only has to call the election. The record year for approvals of visas was under the Gillard government.

So why did the ALP approve a record number if they thought they were being rorted - ineptitude? Under Keating's highly skilled, tightly regulated migration scheme, we did not have the widespread rorting we have now, and during the 11 years that the Coalition was in government and did not even have a minimum wage, did not even have labour market testing, did not even have any onus on employers or employment agencies to advertise vacancies.

The Coalition's introduction of visas in 17 years ago also coincided with the start in the acceleration of visa overstayers.

Keating had visa overstayers in single, double and triple digits, and the Coalition had visa overstayers in the thousands. The Coalition voted against the ALP's recent amendments to the visa system. The Coalition continue to deny there is rorting in the visa system, and have pledged to wind back changes, sending a clear message to the rorting employers, employment agencies, migration agencies and education providers that it's open slather under his leadership.

OUB, John Hewson had the courage and decency to discuss both his policies and costings in detail during the election. Hewson fronted up for numerous interviews and discussed his policies in great detail. I will never forget how the Coalition completely failed to campaign on Workchoices during the election yet Abbott falsely claims to this day that his government had a mandate to implement harsh IR reforms. Rudd has told Abbott the election will be held on a Sat. If Abbott is too spineless to debate, that's all the information he deserves.

No one has followed his example since, on either side of politics. Why do you expect such charity from Abbott? I don't recall such a claim from Abbott. Not doubting you, just cautious about accepting you would provide such information without the full context. Secondly, Paul Keating openly debated John Hewson and was upfront about discussing his policies, so it's not like it was only John Hewson being open with the electorate.

Thirdly, I despised John Hewson's policies but I have great respect for him to this day for the way he campaigned and opened explained his policies. Fourthly, both parties can have their policies and costings scrutinised simultaneously in head to head debates so the electorate can better evaluate the strengths and weaknesses of both parties' policies. Lastly, I have never forgiven the Coalition for springing Workchoices on us in when they lacked the common decency to campaign on this major issue at all during the election.

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