Originally Posted by American Dave

Say what you want about government and interest rates. Time will tell how the new government LEARNS to govern and deal with this issue but I know from personal experience (think first home buyer in 1990) that high unemployment and interest rates can be a disasterous combination for ordinary tax payers and borrowers.

Now that Labour have managed to regain power I bet they are waking up to a harsh reality. Standing government gets voted out of office even though the economy is going gangbusters. What do you have to do to make the Aust voters happy? Three years will either go by very quickly or drag slowly by as will the economy.

AWA's and global warming are the first two issues Krudd and his union educated ministers will be focusing on. God help us all.