Car sales up 17% huh
Not from cars made here it was the worst year in history for Aussie cars
The increase has come from overseas manufacturers who can afford to keep their prices lower now the carbon tax will make our car makers even more un-competitive
Then go the jobs
Then comes the government bail out.....
And it's not just the car makers Alcoa in VIC just got a massive bail out as well
The labor party love to Tax the companies the when they go belly up and or job losses occur they have to appease their union mates by offering government bailout packages.
It a merry go round
And the economy is not all roses its being propped up by WA and QLD withou the mining boom we would be farked and thats a fact even Swanny admitted it.
en.m.wikipedia.org/wiki/Dutch_disease
The mining boom is a double edged sword. Sure it's propping up the economy but the rapid influx of funds into the economy is crippling the non mining economy at the same time.
Imports are at their cheapest rates, people are buying everything on line from the states something that before was not quite as viable. The exchange rate at Parody rather than .75 or thereabouts where it should be makes it more attractive. Retail is screwed due to this.
Manufacturers can no longer export as they are now too expensive, couple that increased local competition amongst domestic competition and the cheap imports coupled with a work force chasing the coin in the mines and this industry is in trouble.
Tourism: too expensive to come here now, go to Greece. Cheapest holiday right now.
With labour shortages and increased costs to resources from Australia big companies like Rio Tinto are already investing elsewhere, the Chinese are also investing in the development of mining operations in cheaper countries to ensure their own supply for the future.
What happens when it all ends???
Little jon are you just trolling?
Wealthy people don't pay GST and now companys that are droping like flys are still not paying enough tax. Surely your trolling, no ones that stupid.