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Canberra's New Soap Star Is Short On Character

Wednesday June 6, 2007
By all reasonable standards, Australia has had a good government since 1996. Total household wealth has more than doubled from $2047 billion to $4632 billion. Australia's standard of living (measured in GDP per head) has risen from 13th to eighth in the world. Unemployment has dropped from 8.2 per cent to 4.4 per cent, a 32-year low. Inflation has fallen from 5.2 per cent to 2.5 per cent. Mortgage rates have fallen from 12.75 per cent to 7.17 per cent. Government debt of $96 billion has been ...