The Forum > Article Comments > Brace for rate hike - unless ... > Comments
Brace for rate hike - unless ... : Comments
By Henry Thornton, published 7/8/2007Henry provides his usual free advice to the board of the RBA who meet today to consider their next rate hike.
- Pages:
-
- 1
- Page 2
-
- All
We are in serious infrastructure debt.The neglect and mismanagement in NSW is mind boggling.They now have to borrow billions to pay for the lag in infrastructure.At every turn it has been waste and a debacle of management.So don't try do defend these Labor morons since it discredits your own arguments.
From what I hear Tasmania is joke along with NT and Qld is fast going the same way.In total our State Govts will borrow $70 billion for infrastructure and have just blown the GST on wages for the PS.
For every working person in Aust this $7000.00.So add that to your mortage.The Coalition have paid off $96 billion of Labor debt and have a $90 billion surplus.