Australia is one of the most indebted countries in the world.
If nothing is done, we will soon owe a Trillion Dollars. It van be easily seen by the decreasing proportion of Australia that is owned by the people who live here, that has and the increasing proportion that has been handed to others who don't.

Every time you see poverty, hardship and inequality in this country, the National Debt is always lurking there in the background, making it worse.
All the bad economic symptoms that people are describing in this forum have as a contributor the fact that Australia is being bled dry by the large economic forces in the world, be it multinationals (including "Aussie" companies) sending profits offshore, larger countries whom we depend on manipulating our politicians and economy (UK, USA, Japan, and now China), the absolutely appalling level of organised crime and corruption (everyone knows but no-one talks about it), or simply by the greed and ignorance (some would say stupidity) of ordinary people who overvalue foreign goods.
We elect governments to help protect us from such things.
All this must change very soon, or it is a one-way trip to national destitution. And for the bold, vibrant Australia we know and love being cast onto the scrap-heap of history.

All government initiatives MUST be based on making Australia and Australians stronger. That seems obvious. Yet it has not been happening. We all know that. And the fact is, over the last three decades, Australia has been getting progressively weaker.
All the other economic problems listed here PALE in comparison to this issue, WHY is no-one taking it seriously.
Have you all given up? Or are we going to do something about it?

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The Government is always keen to throw money at every situation that arises. The handouts are not the way to go. They are short term.
The First homebuyer scheme, was a great idea, However it still costs us money. Immediately affecting the hard earnt reserves.
How about ideas that dont cost us money. (reserves).
Idea 1: Tax cuts. These should be brought in much quicker.
Larger tax breaks of up to 50%, if only for a 12 month period, for all small business. This will help employment.
Idea 2: NO Capital Gains Tax on ANY property purchased for investment for the next 12 months. This will get the economy and housing market moving. How many investors will instantly start putting all their spare cash into property? This may cost in the long run, and only intermittently, But its something that stimulates the economy and costs NO reserves. And will create employment in the housing sector.
The first home buyer grant was a great idea, But its run its course, and its not the first homebuyers that have enough money to stimulate this economy. Its the working class man and woman. The ones building this country. Why shouldnt we get a break or have a win somewhere...

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