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The Forum > General Discussion > Government ruins Xmas for Australia

Government ruins Xmas for Australia

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abby:"The only way to sort all this out is to let the market decide,
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.
Posted by Antiseptic, Tuesday, 4 January 2011 7:55:46 AM
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