"DECADES of Labour mismanagement?"

From my recollection, we've had far more Conservative years than Labour ones.

As well as upgrades, there is a requirement just to catch up on maintenance that was shelved (under Conservatives) in the name of Economic Rationalism, privatisation and the widespread use of external Contractors to save money and cut corners.

Belly & others;
Here is a short video talk by Richard Heinberg on end of growth.

http://youtu.be/EQqDS9wGsxQ

8 minutes I think.

Bazz

That video clearly spells out where we are right now.

Of course, you must understand that it will be viewed as a socialist plot:

That planet Earth is not infinite is a clever ploy by scientists to receive grant money and re-introduce government regulations and corporate accountability.

Thanks Bazz rache sorry but no chance exists in my view of Individual understanding how silly that is.
Here is dangerous stuff, treat it carefully it contains TRUTH.
Italy Greece Spain, other European country's, too many have debt 20 to 30% above the annual total income.
No way out! they just have to fail, DEPRESSION is a big chance.
America is not better, the same fate may be on the way, dreadful but true.
We owe nothing like that thanks two both sides of politics in the 20 years before 2007.
And the coal and mining explosion.
BUT we have in the past, individually, spent far too much, some continue, it has to be paid back!
Under what will be a Liberal government, only Gillard going soon and regime change in press could save Labor.
Watch however the incoming government,see now its failures to say how it funds it promises what ones are non core.
I recommend old fashioned budgeting , buy only what you can pay for, leave the credit card at home.
Any day any second the GFC could return much much harder than ever before

http://www.smh.com.au/business/debt-wrangling-your-guide-to-economic-chaos-20110804-1icr9.html
I offer this link to further under standing we are only part of this world wide matter of concern.
And far better than some.
Still it was and is the very wealthy who drove us on to the rocks.
I truly fear, not for me but humanity another depression may be near.

From my recollection, we've had far more Conservative years than Labour ones.
rache,
the point here is that even when the Coalition was in they still had to battle 50% of their time with Labor incompetence which saturates the Public Service..