Kevin Rudd’s victory speech highlighted the importance of re-engaging young people in the political process. He referred to the energy and ideas they can contribute. But with official unemployment figures for young Australians exceeding 15 per cent – not including the under-employed and those who have stopped looking for work – our nation’s youth could […]
Archives for June 2013
Lurking beneath Australia’s AAA economy…..
June 21, 2013 By 1 Comment
‘Since [Paul] Keating abandoned exchange controls, more than $A7,000 million has fled Australia every year. A major industrial economy, like Britain’s, can sustain bleeding of this magnitude for some time. A small economy cannot; and unless the flight of capital is stemmed, Australia will be left with an insoluble balance of payments’ deficit and is […]