In reply to Peter Wisemans letter yesterday, one day after I had my contribution published, I would simply like to say the following.
The opposition has never acknowledged the disaster of the GFC. It has treated the events in Europe as if they have no bearing on our economy at all, and generally suggests that we are happy little Vegemites in our little cocoon here in Australia – except when they are in government.
Australia debt-free when Labor came to power? Well, it would have taken something extraordinary for it not to be, as the Coalition received an additional $400 billion dollars of revenue over and above normal receipts during their tenure.
The mining tax was introduced on a scale that would produce a dividend for the Commonwealth only on the profitability of the mining companies – of which, by the way, 83 per cent are overseas owned. I am surprised Mr Wiseman does not know this.
If, as Mr Wiseman claims, that Australia is on the brink of something “terrible”, why have we got a AAA credit rating, the first ever by an Australian Commonwealth government?
Why do we have 5.4 per cent unemployment, record investment, and an economy growing at 3 per cent – which incidentally, continues 21 years of growth by both governments – when the rest of the world is a basket case?
Where would you rather live, Mr Wiseman – here in Australia, or in Greece?
Mr Wiseman continually refers to debt but conveniently ignores the circumstances and Mr Abbott’s $70 billion black hole, $40 billion to repeal the mining and carbon tax, and his own paid parental leave scheme for their constituents when there is already one in place for all Australians, making a total $118 billion dollars alone. Not much left of the budget then.
Mr Wiseman continually asserts that Mr Turnbull is preferred by voters from the left.
No, he is preferred by all voters because he is more moderate, a clear thinker, and has a feel for everybody – not just sections of the community.