We've been watching the rest of the World suffer.
Well, now OUR dollar has tumbled several cents against the US thingy.
WAIT! There's more! Ford Australia finds that having been bailed out to the tune of $1,000,000,000s from our taxes, it cannot survive even with more hand-outs, so it's closing its two manufacturing plants in Victoria. I have the sneaking suspicion that this represents approximately 100% of its Australian operations. Future for components manufacturers, repairers etc = BLPPPPPPH (I think that's how one spells it).
Moreover, there's talk that if Ford goes, GMH and Toyota might follow suit, leaving us without any vehicle production.
We'll still have 400 airports, 567,000 coffee shops, 890,000 hair and beauty salons, 38,000 casinos, 1,002,000 telephone cleaning providers and of course, 3,892,000 management consultants. It's probably time to start running that bath as per "The Hitchiker's Guide...." I haven't included organised crime in the above, because they'll continue running the place anyway.
To add to our fun, we have been told off about our offshore processing of asylum seekers - a) for doing it offshore; b) because those facilities aren't up to scratch; c) because we're not allowed to say that they can't land here. [That's odd, because our Labour government is to be replaced by the Liberals at the next election, and one of the Lib's policies is "We'll stop the boats"]
Just thought I'd let you know that we're catching up.









