Dear Shadow Minister,

Well that got a laugh.

I think you are thinking of this treasurer.

http://www.theaustralian.com.au/news/nation/reserve-banks-gold-sale-cost-us-5bn/news-story/ffb632d0dee80cfb7ac840a2002c8912

If you wanted to thank a Costello for the success of the Future Fund, particularly through the GFC then this is the bloke you should acknowledge.
http://thenewdaily.com.au/finance/superannuation/2018/11/19/future-fund-pioneering-ceo-paul-costello-has-died-at-61/

SR,

You do realise that the RBA is independent from the treasurer? Considering that:
-That most other Reserve Banks were reducing the stocks of gold,
-That in the same period stocks roughly doubled, while gold tripled,

Indicates that the real loss was closer to $2.5bn, which compared Whine Swan's pissing $9bn against the wall in a cash splash combined with a nearly complete waste of $16bn with the school halls debacle is trivial.

Secondly the future fund was primarily Peter Costello's idea, Paul Costello was directly hired by Peter and directly reported to Peter, and while Paul played a major role, the responsibility and Kudos are largely attributed to Peter Costello.

Dear Shadow Minister,

Are you for real? Lol.

Morrison has handed over $1,000 tax rebates costing us 10 billion dollars without a blimp to very subdued retail figures.

As a stimulus it has failed miserably. Why? Because unlike Swann he kept it to those earning $48,000 plus. It went not to spending but to paying of mortgages. Those earning less were not deemed worthy of Liberal party largess and so it had little effect.

Your mob just don't get it. Time and time again they do an incredibly poor job and it is left to Labour to clean the whole lot up.

Question time this day [different figures indy not that fund] will the Prime Minister explain this countrys national debt near doubling after Rudd/Gillard

SR,

I take it that you have accepted that Australia's best treasurer was more responsible for the $120bn gain in the future fund than the $2.5bn loss over an equivalent period by the RBA.

As for the messes that the coalition created and Labor cleaned up please give an example I can't think of one. However the coalition had to clean up labors mess in 1996 and in 2013.

Secondly, while the tax rebate reduced the tax receipts p.a. by roughly $10bn, treasury has modelled that the additional tax revenue generated will be > $7bn p.a. over the long term. Compare this to the $9bn cash splash by Whine Swan according to the auditor general was overwhelmingly spent on imported white goods providing a very short term boost to retailers with little to no long term improvement in GDP or employment. As for the School hall debacle which wasted $16bn building largely unnecessary infrastructure

More bad news for the Australian economy, with the September quarters growth figure coming in at a miserable 0.4%, a shocker! With flat retail spending, and rising unemployment, added to minimal wages growth, and poor capital investment. The government looks to be in trouble on the "we are the great economic managers" front. Tax handouts failed to stimulate spending, they were directed at the wrong people! Three interest cuts this year have failed to give the economy a boost, there has been no rise in consumer discretionary spending at all. The 'Fryingpan Plan' for the economy, if he and ScumO actually have one, is simply too little, too late. Those with a job, try and hang on to it, with the governments economic failings, 2020 sure looks a rough year ahead.