Poirot, I could also say that we went from zero debt to hundreds of billions of debt in just two three year terms of labor and, while I accept they dealt with the GFC, this accounted for only $20 billion of that debt, as the other $20 billion required was in the bank.

One cant help but wonder where we would be now had we not gone down the Kevin 07 path to mayhem and destruction. So do take all the facts into account when passing judgement there Poirot.

Philip S,
Unemployment figures are easy to manipulate. GDP figures can't be manipulated so easily, as the ATO would notice.

'Twas Abbott who started the emissions rebate scam. A carbon tax can't be so easily defrauded.

rechctub,
"The way the minimum wage is worked out is just killing us as a nation"
On the contrary, it's making us stronger as it encourages more automation.

There is nothing worth doing that the minimum wage prevents us from doing.

"Poirot, I could also say that we went from zero debt to hundreds of billions of debt in just two three year terms of labor and, while I accept they dealt with the GFC, this accounted for only $20 billion of that debt, as the other $20 billion required was in the bank."
Why is that a problem? 'Tis precisely 0% of our credit limit.
The interest rate fell and inflation remained under control.

"One cant help but wonder where we would be now had we not gone down the Kevin 07 path to mayhem and destruction."
If you want to find out, look at Britain: a prolonged deep double dip (almost triple dip) recession, and when growth resumed it was mainly in low value low wage jobs.