From everyone’s favourite Dolphin we present:
Let me remind everyone of the beautiful set of numbers again and again:
0. Best Fiscal consolidation & spending restraint in the last 20 years
1. Unemployment 5.3%
2. Inflation 3.6%
3. Public Net Debts 6.1% GDP & Aust Govt deficit is 3.4% of GDP and compares to deficits of over 10 per cent of GDP in the US and UK.
4. RBA Interest rate 4.75%, compared to 6.75% when Howard was voted out
5. For the whole of the 2010-2011 financial year, the economy grew 1.8 per cent, the ABS said. Despite all the natural disasters during the year
6. AUD Vs USD 0.9823
7. Trade Surplus – $2B jun 2011- Australia’s $2 billion-plus trade surplus for June brought the tally for the last financial year to $22.4 billion – easily the biggest surplus in raw terms for the past 40 years of records compiled by the ABS
8. “ALP best manager of money, history shows” – George Megalogenis – http://bit.ly/jD9jYf
9. Australian families depending on one breadwinner pay among the lowest amounts of tax in the world and have become better off under the Gillard Government – Natsem
10. Investment in the next year in mining and related infra-structure projects $140B
11. Labor’s Tax take 21.75% of GDP Vs 25% under Liberals
12. No interest rise for the 10th consecutive month Vs 10 consecutive rises under Howard/Costello. It is now expected no rises in the future with a prospect of interest rate cuts.
13. The number of people filling for bankruptcy in Australia has fallen by 16%.
14. Australia safe from debt crisis: OECD – http://bit.ly/o4HGEI
15. Credit Rating AAA
16. We are in Asia
17. business investment spending is expected to grow by 15 per cent this year and another 15 per cent next year. – Ross Gittin
18. Australia in good shape if another crisis hits, says IMF – 8/8/11 – http://bit.ly/n7yK7k
19. Australia Stock market has finally decoupled itself from US. On 8/8 ASX up 1.2% as DJ down 6%
20. Capex investment went gangbuster in July and retail up 0.7%
21. NEW Treasury analysis finds Mining played minor role during GFC, it says service industries such as retail – which received a hefty boost from Kevin Rudd’s stimulus package – were crucial in sustaining the economy during its darkest days.
22. Spending survey shows we are better off than we think – YOU would not believe it if you listened to our politicians, but household fuel and power bills eat up no more of our wallets than they did six years ago. And petrol eats up less. he only comprehensive survey of household spending – conducted once every six years by the Bureau of Statistics – finds domestic fuel and power accounted for 2.6 per cent of household spending in 2009-10, 2.6 per cent in 2003-04 and 2.6 per cent two decades earlier in 1988-89. http://bit.ly/qbWVJw
23. For the whole of the 2010-2011 financial year, the economy grew 1.8 per cent, the ABS said. Despite all the national disasters during the year. And the growth is not all attributed to the Mining sector. Households are not only spending, but saving
24. MASSIVE investment in resources and healthy household spending have delivered the best economic growth in four years and boosted the government’s chances of delivering its promised return to budget surplus. – http://bit.ly/qZuYDY
25. Wayne Swan – Treasurer of the Year 2011 – http://t.co/p1nywVMY
26. Global recovery stalled, says IMF, but Australia well-placed to weather economic turmoil. But the Australian economy has more scope to adjust than most countries, with the ability to slow its return to budget surplus if conditions get worse, and it will be buttressed by the continuing strength in Asia, the fund says. – http://bit.ly/oDr0d5
27. iiNet predicts 27% cost drop on NBN – http://www.zdnet.com.au/iinet-predicts-27-cost-drop-on-nbn-339322771.htm
28. The Wobblebys in Rugby WC Semi Final
I Luvz him.