According to Julie Bishop Australia is going out backwards

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According to Julie Bishop Australia is going out backwards

Postby Squire » 16 Oct 2017, 18:56

This explains why Australian economy is stalled and wages are stagnant. Bishop's statement on the future direction of the Australian economy was that Australia would "fall out", not that the others would rise.

Australia will fall out of the top twenty economies, overtaken by Indonesia, Pakistan and Thailand.

Perhaps New Zealand will take pity and take us under foster care.

Maybe Aborigines should overthrow the closet poms and take back ownership and send closet pom boat people to UK which should have devolved into abject poverty in this time frame.

https://www.theguardian.com/australia-news/2017/oct/16/australia-unsure-how-assertive-china-will-act-penny-wong-says

... Bishop said while the US would be the “only global superpower into the foreseeable future”, in the next 10 years – the time covered by the forthcoming foreign affairs white paper – Asia’s combined military spending would match the US’s.

In that time, she warned Australia could fall out of the world’s top 20 economies; it is projected to be overtaken by Indonesia, Pakistan and Thailand...
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Thingz is crook mate ... Australia is going out backwards

Postby Squire » 18 Oct 2017, 17:12

Retail sales are down for second consecutive month. Australians are paying the high electricity prices, 2 to 3 times US retail electricity prices.

Let us not forget the gas supply situation which also impacts on electricity prices.

Wages are flat while household debt is increasing which means that all borrowers will find the going hard when their easy start loans start to build up the repayment amounts which are lower for the first few years of easy start loans.

On top of that, the government has run out of public utilities to sell and is promoting a farce in its claim that it is negotiating with energy companies to improve supply and price of gas assets.

The return on superannuation funds will also start falling as the huge bow wave of money chases a shrinking pool of investments.

Thingz is crook in Tallarook.

http://bilbo.economicoutlook.net/blog/?p=37045

... Australian retail turnover fell 0.6 per cent in August 2017 … This follows a fall of 0.2 per cent in July 2017...

... Australian residential customers are paying the highest electricity prices in the world – two to three times more than American households …

...
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Re: According to Julie Bishop Australia is going out backwar

Postby pinkeye » 19 Oct 2017, 00:04

Crook indeed.
Bishop shouls shut her face and go away. I KNOW what she is like/... but she's no worse than her comrades Morrison, Dutton and Abbott.

Bishop is one of the crooks that should retire . Of course that'll never happen. We are stuck with these pollie albatrosses around our necks for the indefinite future.
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Re: According to Julie Bishop Australia is going out backwar

Postby HBS Guy » 19 Oct 2017, 07:46

Oh bring on the election! Dutton will likely lose his seat, turdfull DESERVES to lose his! Billy Bigears ran a better govt than this mob of talentless hacks! How could the electorate vote them back in last year? “We have a plan for Jobsun Groeth” jesus!
Abbott & Co are going to cause the mother and father of all recessions—be prepared!
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Re: According to Julie Bishop Australia is going out backwar

Postby Buzz » 27 Oct 2017, 12:14

Business Confidence and Copper Internet don't mix..... back to selling rocks for the plebs :yak yak ..... :b :stop :stop

*** STOP THE COUNTRY ***

:beer :beer :beer :beer :beer :beer :beer :beer :beer :beer :beer :beer like :WTF Australia

(People actually died for this country!)
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