The Forum > General Discussion > Government ruins Xmas for Australia
Government ruins Xmas for Australia
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Posted by Antiseptic, Tuesday, 4 January 2011 7:55:46 AM
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not a bunch of regulations"
I agree in principle, but the marketwill always be aligned with short-term nbenefits, such as a slightly lower price, while less obviously personal benefits such as having more locals employed, will tend to be forgotten at the time of purchase.
I don't favour much regulation, but I think some money could be usefully spent on a decent "buy local" campaign and I don't see any problem with imposing GST on goods imported via interent ordering.
The link posted by Lexi was quite instructive. It showed that mining, especially, and agriculture to a lesser extent are the only sectors really pulling their economic weight. I don't believe we can sustain that for too long, especially with the dollar at such high levels. Let's hope the market is more sensible in this case than it often is.