Astonishing!
An unexpected 4.5% surge in the Australian economy, and, as all today's papers are reporting, driven mainly by an equally unexpected jump in mining investment.
I wonder if we shall see an acknowledgement of their error from those OLOers who have been direly predicting that the MRRT and the Carbon Tax would drive mining investment away from Australia.
These Chicken Littles may now perch themselves alongside Tony Abbott, who is running away from his 'end of the world as we know it' Carbon Tax predictions as fast as his little legs - and large mouth - can carry him.
Anthony
http://www.observationpoint.com.au

500 billion worth of investments, The Carbon tax and MRRT is a pie in the sky.
The nation of au will not default any time soon.
Imagine what the investment figures would be if it was not being talked down by noalition scumbags.
Abbott has been spreuking investment going elsewhere for 2 years or more
That shows the economic credentials this mutated individual has.
Costello was correct, Turnbull should be handed the position for the betterment of the coalition.

...Look, irrespective of what Abbott does or says, the Liberals are to be given the "baton" by the Australian electorate at the next election.

...This predicted result, has not the slightest resemblance to any other reality, other than Labor have thrown away every chance of reelection by their rule of stupidity.

We can only hope that we shall continue to
prosper economically as we have done thus far.
The current figures are great - and prove at
least one thing. We're doing better than allright
currently. Even Joe Hockey has admitted - "you
can't argue with these great figures!" Although
Mr Abbott will certainly try. Malcolm Turnbull -
where are you?

I get no joy, only unhappiness, in saying Diver Dan is quite right.
NOT that Labor has got every thing wrong, but far too much wrong.
Gillard was, and is wrong, after she leads us over the cliff, so many straw men will come forward AND LIE TO US the party faithful!
They will say we tried to stop it, but it will be a lie.
Anthony/LEXI/579 1972, a similar joy, the big bloke took us out of 23 years of losses.
We scraped in a second election, just.
Then as now, we contributed to our defeat, some today refuse to see the idea of buying back our country was great, its implementation pure insanity.
ALL THE time, believe me! media let us have it, today even the ABC radio for sure, female announcers ask a question then answer it by interrupting EVEN EXPERTS to give their own view!
Labors policy's are brilliant, our country has never been better served by a government.
NEVER had a worse opposition.
Yet until we get Gillard out we can not defeat Tony Abbott? not the worst ever?
With honesty with thoughtfulness ask your self this, not how bad Abbott is,he is that and more.
Ask why Gillard once highly respected, not by me, can not get close to him, she never can win an election,so why is Labor trotting behind her?

It's a mystery, Belly, no doubt of that.
If one calmly counts up this government's successes, it adds up to a result to be proud of.
And our continuing economic performance alone would justify reelection.
But, like you, I'm resigned to a loss, perhaps a large one.
Losses and victories come and go in politics - it's part of the process.
What really troubles me is the thought of how much damage an unfettered Abbott government will do to our nation and our society.
Anthony
http://www.observationpoint.com.au