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Thread ID: 118541	2011-06-09 09:45:00	For those Kiwis going to Australia	Snorkbox (15764)	PC World Chat

Post ID	Timestamp	Content	User
1208017	2011-06-12 21:10:00	The Howard Government cleared immense debt created by the former Labour government, and managed Australia through a period of tremendous prosperity, just to see it all thrown away in 4 short years by the Rudd and Gillard Labour administrations. Thats a very nieve view lol , Australians like most in the developed world were racking up HUGE amounts of private Debt to sustain a standard of living that exceeded US private debt, do you think that could continue forever?. Is that the great wealth you are talking about? The world financial crisis happened and Aus borrowed $50bn in the last year alone to try and keep GDP on the up. There has been some stupid policies for sure such as funding first time home buyers which fed the property bubble. Now Aus is learning its not immune to the property collapse. You can't blame all of Australians problems on the current government, its not going to all "magically" change with a change of government.	Battleneter2 (9361)
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