Aussie dollar--jumping kangaroo or paper kangaroo?
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Is it a Oz Lehman Brothers ?
B & B is not a peanut!!
http://www.babcockbrown.com/bnb-about-us/business-activities.aspx
At 30 June 2008 the Company had (A)$74 billion assets under management (AUM) across 12 listed funds and 7 unlisted funds. The asset management platform is diversified across a range of geographies, asset classes and capital sources. Babcock & Brown manages assets with in excess of 6,000 employees across 12 countries and 15 regulatory bodies. Approximately 50% of AUM is in the Infrastructure sector
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There are two ways to interpret why 747 Rudd give up a good chance
to expose himself in next week WEF.(He likes exposures in medias)
u can see how frequent of his interviews in TV radios etc here
http://www.pm.gov.au/
1.He knows he went overseas too often,This is time to clean the files.
2.The situation in Oz is really bad.
babcock n brown worth nothing.
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I bet with u that Rudd will go to next week WEF Davos meeting.
How can Rudd miss the chance to shake hands with Head of State?
Under the theme “Shaping the Post-Crisis World”, more than 2,500 participants from 96 countries will convene, including a record 41 heads of state or government. Key finance, foreign affairs, trade and energy ministers will also join heads of non-governmental organizations, social entrepreneurs and religious leaders at the Meeting.
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Digest at the banks figures in this holiday--
'It was save jobs or do nothing'
Mr Rudd said lending by overseas banks represented half of the $285bn in syndicated loans issued to Australian businesses since 2006.
"Of those outstanding loans $75bn is set to fall due over the next two years,'' he said.
"If foreign banks do not roll over their share of these loans it would be difficult for Australia's four major banks to fill this gap on their own.
"The mathematics is fairly straightforward.''
Foreign banks carried more than $48bn or 28 per cent of lending to the Australian commercial property sector and were seeking to reduce their exposures, Mr Rudd said.
"That is why today the Government confirms that it will establish a $4bn Australian business investment partnership with the four major Australian banks.''..EOQ
gg
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Western think is that gavaman shall not ''pick the winners'',
thats gavamn to support selected few.
nOW OZ JUST DO THE SAME!
On Saturday, Mr Rudd said he would pump $2 billion of public money into a credit fund accessible by owners of commercial property such as shopping centres and office buildings if they lost access to foreign loans.
With up to $75 billion in offshore loans due to be rolled over in the next two years, Mr Rudd said a third of the 150,000 jobs in the commercial property sector would be at risk if he failed to act to preserve stability and maintain property values.
Yesterday, as the Australian Chamber of Commerce and Industry backed Mr Rudd's plan, Mr Turnbull claimed Mr Rudd was misleading the public.
The lawyer and former merchant banker said the fund, which would be supplemented by a further $2 billion from banks, was more about maintaining asset values and bank profits than protecting jobs.
http://www.theaustralian.news.com.au/story/0,25197,24962641-601,00.html
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Depreciation of oz $$ make oz banks hard to clear the debts in foreign currency
Australia has been making one of the many mistakes as countries
of Asian Financial Crisis---Borrow low and lend high!!
They borrow currency with low interrate(like US and Yen) and lend in
high rate one like Oz dollars.They have been enjoying this trick for
many years.This is perfectly ok and legal,until Oz dollar
drop like a dead bird!!
Oz banks borrow billions of dollars in FX!
In the good time,u borrow at a rate say A$1.05 to US$1.
Later oz dollar appreciate and u just return at say A$1 for US$1 loan.
But the tide change against u and now,u have to get A$1.30 for US$1 loan.
This is the very problem that oz banks are facing,times billions!!
u can check RBA and IMF reports in this thread for details.
@@@@@@@@@@@@@@@@@
Retails shops look very depressed
While Rudd and officials express that oz is in a much better
shape than other developed countries,
Harvey Norman chains closes one of the shop,with more retails chops
closing down their shops.
Harveyy Norman succumbs to credit crisis
Daily Telegraph - Wed, 21 Jan 00:01:00 2009RETAIL giant Harvey Norman has closed one of its major stores, with chairman Gerry Harvey warning of further closures.- 3.
The Advocate - Sat, 24 Jan 03:02:28 2009Economists, it's been said, are always right; it's a question only of timing. This is not a gratuitous slap at practitioners of the dismal science but underscores the importance of reliable timeframes to economic forecasting.
- 3.
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In singapore,the situation looks worse.
Last night if u in China Town Chinese Year Night Market ,
u will know fewer hawkers and fewer shoppers!!
There were very few selling Mandarins(Cjinese orange),a
must for CNY!!So,i am not bashing Oz.SG is also very bad.
But i am supirsed that OZ officials changed their tone so fast.
Now they admits there are problems ,though import one.
This mindset make me worry.They dunt know the root of their problems,
besides fair share of import one.
Like,oz banks currency swap---borrow low interest rate currency but lend
in high interest rate currency!!Like Korean and Indonesia did before
AFC!!
Budget likely forced into deficit
Agence France-Presse
November 26
The adequacy of unemployment benefits will also need to be reconsidered.
In 2006-07, two million people relied on social sector services, an increase of 6.3 per cent on the previous financial year.
In the same period, service providers were forced to turn away more than 77,000 people, a 25 per cent increase on the previous year.
Recent financial developments has meant many agencies have been forced to provide essential services to those with only the most pressing needs.\
http://www.news.com.au/story/0,,24709070-421,00.html- Budget likely forced into deficitNEWS.com.au, 26 Nov 2008
- @@@@@@@@@
- Rising tide of jobless swamping welfareNEWS.com.au, 26 Jan 2009
http://www.news.com.au/story/0,27574,24965397-421,00.html
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Mr Rudd,u are damn wrong!!
Oz banks are greedy too.Oh!! No.They just maximaxize their profits for shareholders!
Now,the banks and their shareholders have to pay the price for the smart
move of currency swap!!
http://www.pm.gov.au/media/Speech/2009/speech_0769.cfm
This great global crisis is not of Australia’s making, but as Australians we are left to deal with it. And deal with it we will. The causes of this crisis are complex. But ultimately they go to a set of values that are the very antithesis of our own. Values of unrestrained greed, encouraged by an ideology of unfettered markets.
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For your immediate attention
It seem foreign lenders also lose faiths on oz gavaman!!
Last Oct,oz announces gavaman will gurantee loans from foreign banks
granted to oz banks.
Last week,Rudd said oz gavaman will act as a fund providers if banks
cant raise funds for 75 b in the coming 2 years!!
So,can i say some goreign banks also dunt truth oz gavaman's gurantee!!
Guarantee of term funding for institutions
The Australian Government will also guarantee wholesale term funding of Australian incorporated banks and other authorised deposit-taking institutions (ADIs).
The Government will offer the guarantee in return for a fee in respect of eligible non-deposit debt obligations of Australian ADIs and foreign subsidiary banks operating in Australia.
It will enable Australian institutions to raise funds overseas in the current tight conditions and will restore confidence in credit markets.14 Oct12 OctGlobal Financial Crisis - Media Release@@@@@@@@''Net foreign liabilities rose to 67 percent of GDP at end-March 2008,''
My views in Oct last year looks more relevant than then!!
pl forgive me i repeat postings here.
@@@@@@@@@@\
out of oz A$692 bILLION NET FOREIGN LIABILITY,
how much in foreign currency and how much is short term?
@@@@@@@@@@@
Oz financial health is comparable to indonesia and Phillipines:
Country.....External debt.....Current account....Budget Balance
.................as % in GDP.......as % in GDP....as % in GDP
Australia.......67*...................--6.0..............1.5
Indonesia......32....................2.8................--2.0
Phillpines......43.....................4.4..............0.2
Vietnam........31......................--13.6.........--1.7
U can say becos of Oz credibility,therefore Oz can borrowed
so much money.Other 3 rd world countries's poor credit
made them cannot raise so much funds.
Pl remember O$P$ is a basic principal in human being.
Oz is unlike USA in the past few decades to print IOU
then can survive.
Oz $$ is just a play doll in the Forex.
The sole purposes of holding Oz $$ is for high deposit interest rate.
*
http://www.imf.org/external/np/sec/pn/2008/pn08123.htm
read the Staff report--page 8
5. The current account deficit widened in 2007 to more than 6 percent of GDP,despite the commodity boom (Figure 5, Tables 3 and 4). The trade deficit deteriorated, as export volume growth was constrained by drought disrupting rural exports and bottlenecks in the export supply chain. Imports also grew strongly owing to buoyant domestic demand and an appreciation of the real effective exchange rate (REER). In addition, the investment income deficit increased,
reflecting higher interest payments on foreign debt and large dividend payments, particularly from the resource sector. Net foreign liabilities rose to 67 percent of GDP at end-March 2008, mainly owing to an increase in foreign debt,
channeled primarily through financial institutions.@@@@@@@@@@2
The major problems is oz foreign short term debts in foreign currecny to support
long term expenses or lending converted Oz dollars.This is like
what u have seen in Thailand ,Indonesia and Korea in 1997 crisis.
The sudden surge in foreign debt caught the eyes of IMF.
Directors noted that the banking sector remains profitable and well capitalized. However, they encouraged the authorities to monitor carefully the sector's vulnerability to rollover risks arising from short-term wholesale funding and to the risks associated with the large indebtedness of the household sector.
http://www.imf.org/external/np/sec/pn/2008/pn08123.htm
u can read more from this.
@@@@@@@@@@@@
no crisis is formed by over night:
http://www.imf.org/external/np/sec/pn/2008/pn08123.htm
Australia: Selected Economic Indicators, 2004-08
u can read more
current account runs in deficit for about 6% for the above period.
Why?i heard the commodity export was very storng.
2004 2005 2006 2007 2008 Net foreign liability in GDP-- %56 56 60 67 67
Proj.http://www.theaustralian.news.com.au/story/0,25197,24443103-28737,00.html
Financial rescue squad
Michael Stutchbury, Economics editor | October 04, 2008
It helps when the banks are offering 8 per cent to lock up your money with them for six months. The Aussie banks are offering such high saving rates because they're desperate to get back their old deposit base, which defected to tax-preferred super over the past 15 years. That funding gap has forced the banks to turn to wholesale markets, producing the rollover funding vulnerability highlighted by the International Monetary Fund.
Great opportunity to earn high interest rate.Only the risk of exchange rate
and taxation!!
100% capital protection by Oz government.No hidden cost.
So now u understand more why Oz PM need to guarantee all banks and non--
banks deposit.If not,Oz financial instiutions will face short of funds.
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The news that oz big 4 banks are now in Top 20 global banks
will make Rudd wrong decisions!!This is a bad news!!
@@@@@@@@@@@2
The elites in Oz seem dunt know the whole situation.
I dunt pretend to be Mr Know All.
But they seem forget the dark sides of Oz.
How can they feel comfortable when their
Net foreign liability in GDP increase so far?
2004 2005 2006 2007 2008 -- %56 56 60 67 67
Proj.http://www.imf.org/external/np/sec/pn/2008/pn08123.htm
read my today posting !
Dr Morgan, who chaired a stream of Kevin Rudd's 2020 Summit last year, said he believed the strength of the Australian banking system would help to cushion the economy from the global crisis.
"Nobody knows how this is going to work out. But I am very confident that Australia will do better than almost anywhere else in the world," he said. "We have got a much less impaired banking system, which is the single most important reason."
He said that Australia still had more "shots in our fiscal and monetary policy locker to fire off than most other countries" and that the economy was tied more to the fortunes of the Asian countries, particularly China, than to the US.
"The rest of the world's banking system is looking a good deal worse. In the US, the UK and Europe, banks are materially worse than the Australian banking system.
"There was adventurism offshore and they got too complacent about risk."
Read the full story in The Australian.http://www.news.com.au/business/story/0,27753,24963181-462,00.html
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lionnoisy time for u to take a break and do lion dance this CNY
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Originally posted by Fantagf:
lionnoisy time for u to take a break and do lion dance this CNY
nobody talk then i talk.Oh u talk lah.then i dunt talk !
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Originally posted by lionnoisy:
nobody talk then i talk.Oh u talk lah.then i dunt talk !
why u misinterpret? do lion dance can earn $ during CNY -
i repeat page 2 posting here---
How much is the Oz banks's debt to foreign creditors which also under
Oz gavaman gurantee?
OMG.www.rba.
http://www.rba.gov.au/Statistics/AlphaListing/alpha_listing_f.html
H05 Net Foreign Liability
599953 millions A$!! or A$600 billions!!
So, i salute to Oz gavaman so daring to gurantee local banks deposits
of A$700 billions and 600 billions in NET foreign liability,amounting
to A$1300 billions!!Oz gavamna just get A$20 b in hands!!
If my figures of 15 b cash in Oz gavamn hands is wrong,i am sorry
for my mistakes and wrong interpretations.
@@@
sources of info
http://www.rba.gov.au/
Statistical Directory
Three ways to access StatisticsChart Pack
A collection of graphs on the Australian economy and financial markets.
Released on 3 December 2008http://www.rba.gov.au/FinancialSystemStability/
Statement on Monetary Policy
The Reserve Bank issues a Statement on Monetary Policy four times a year. These Statements assess current economic conditions and the prospects for inflation and output growth. A listing of these statements/reports is available under Reserve Bank Bulletin.Reserve Bank Bulletin
A monthly publication that contains economic commentary, feature articles, speeches and a set of statistical tables.Financial Stability Review
The Reserve Bank issues a Financial Stability Review half-yearly. These Reviews assess the current condition of the financial system and potential risks to financial stability, and survey policy developments designed to improve financial stability.Annual Reports
Reports to the Parliament by the Reserve Bank, Payments System Board and, until 2002, Council of Financial Regulators.http://www.aofm.gov.au/
http://www.pm.gov.au/
http://www.treasurer.gov.au
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to Dubbo Base Hospital of NSW of Australia.NOW!!
I have told u in this forum that oz hospitals dunt have $$ to pay
salary and buy basic equipments and daily consumable stuff.
The situation is still the same!!
WHY?It is NSW of Australia!!not NT of Oz!!
OMG!! What happen to oz!!
Premier 'too busy' for hospitals
KATE BENSON | Nathan Rees is "too busy with other things" to deal with problems in country hospitals.
http://www.smh.com.au/news/national/premier-too-busy-for-hospitals/2009/01/27/1232818436932.htmlStudents from Mudgee High School ran car washes, charity balls and raffles to raise $20,000 for emergency department beds last year. "It's a bit of a shame really that in a country like ours, as rich as ours, that our Government's health system has to rely upon local community donations to keep the hospital running," the former school captain, Hannah Kempton, said.
Three emergency trolleys were bought by the hospital's auxiliary last week after it raised more than $15,000 in raffles, while a football team paid for carpet in the maternity ward.
"It would be nice if we didn't have to buy these things, but we do," the president of the auxiliary, Glenys Goodfellow, said.--EOQ
@@@@@@@@@@
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MP pledges to fix cash crisis hospital
Western Area Health Service which led to shortages of medical gear at Dubbo Base Hospital. "The direct…
...getting to the bottom of it. "I expect to have it fixed and fixed very quickly.'' A Dubbo-based…15 Oct 2008 | The Australian > The Nation > New South Wales | article | Find related
http://www.theaustralian.news.com.au/story/0,,24504927-5006784,00.html
October 16, 2008
Article from: Australian Associated PressNEW South Wales Health Minister John Della Bosca has promised to fix a "systemic failure" that forced doctors at a hospital in the state's west to buy their own medical supplies.
Mr Della Bosca today said he had launched an investigation into cash-flow problems at the Greater Western Area Health Service which led to shortages of medical gear at Dubbo Base Hospital.
"The direct answer is cash flow, and it is totally unacceptable for doctors and nurses to be paying for supplies out of their own pocket,'' he told Fairfax Radio Network.
"It is totally unacceptable, if it is true, that doctors and nurses are having to borrow bandaging from local veterinary scientists.
"I'm immediately having that investigated as of today.''--EOQ
@@@@@@@@@@@@@
What can i say?
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read the % of foreign funds and terms of oz banks' funds .repeat from page 1.
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u can monitor RBA liability(i think RBA take over many
toxic assets from banks )by reading here.
Liabilities and Assets - Weekly - A1
Liabilities and Assets - Monthly - A1http://www.rba.gov.au/Statistics/Bulletin/index.html
currently is at 160 billions A$,almost double one year ago!!
FYI,US Fed Reserve liabilty also treble from 0.7 T in 3Q 2008 to 2.1 T
as at Dec 2008!
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ss
http://www.strathfield.com/
I learn a eletronics chain of 100 shops go into voluntary administration
from here;
2009 012 CPI; Global Financial Crisis; Economic Security Strategy; Inflation; Australian Business Investment Partnership - Press Conference, Parliament House, Canberra
28/01/2009Reasons---
Also, after due consideration of the company’s recent performance, including the less than satisfactory Christmas and post-Christmas trading results and the continued negative and worsening retail outlook for at least the first half of 2009 calendar year, and in particular the significant deterioration of the Company’s working capital position and funding requirements going forward, that have emerged following poor Christmas trading figures, the board has resolved to take decisive steps to restructure the Strathfield Group."---EOQ
nnn
Business Spectator - Electronics retailer Strathfield enters ...
- [ 翻译æ¤é¡µ ]28 Jan 2009 ... Retailer flounders under substantial impairments, deteriorating capital position and retail outlook.
We hear Rudd and his officials say some things like,''Oz is ok!"
''There are important signs that Australia's economy is in better shape than most.
This is a key message I bring with me to you here, the investment community of New York.
While Australia has not completely resisted the pull of international economic forces, we have demonstrated some characteristic Aussie resilience.
According to the OECD, our growth prospects for the current year are more favourable than any of the G7 economies.
Our banking sector is amongst the most stable in the world, with our four largest banks amongst only 11 of the world's major banks with a double-A rating or above.''
EOQ
2009 002 "The Global Recession And Australia's Future Economy" - Address to The New York Investment Community, New York
23/01/2009@@@@@@@@@@@@@@
We go back to the oz gavamnan to support commercial properties scheme.
Treasuer just say oz commercial properties is profitable!!
He never think the creditbility of oz banks and GAVAMAN,
if foreign banks dunt extend the credits!!
One of the problem is foreign banks may dunt truth oz gavaman's gurantee
on wholesale funds at all!!
In the era of currency swap,ie borrow at low interest rate and oz exchange rate
is high,oz banks find no problems to get funds.
The problem we've got is that there is a problem in the international banking system which will mean, could mean, and I say could, could mean that some international banks who have supplied capital to profitable commercial property investments in this country may have to withdraw, not because the investment isn't profitable or worthwhile, but because of international conditions. And all our vehicle does is to provide a measure of support to fill that gap, to support profitable investments here, and if that doesn't happen jobs are under threat.---EOQ
read the problems of ''hidding in the sands'' mindset here
http://business.smh.com.au/business/coming-off-the-roof-20090129-7sbj.html
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GOOD NEWS---
Mr Luscombe said Australia was not in the same position as other countries, where businesses were closing and jobs were being lost, but discretionary retailers faced tough conditions in 2009, but for Woolworths it was business as usual and the company would continue to invest in its operations.
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It seem oz net exterbal debts of 66% exceed the level of average of Thai,Indonesia
and S korea in 1996/97 AFC at 63 % of GDP!!
http://www.imf.org/external/np/exr/facts/asia.pdf
refer to p 28 of this thread.
pl refer to data for Thai,Indonesia and Korea in this link.
I take 1996 and 1997 average for all the 3 countries.
http://www.imf.org/external/np/sec/pn/2008/pn08123.htm
u can compare SG position here.SG gavaman dunt has any external debts!!
http://www.singstat.gov.sg/sdds/data.html
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''most specialists at the hospital had not been paid in six weeks and operating theatre staff were still regularly without basic supplies such as gloves''.---
in NSW,Australia!!NOT in Third world country!
Why does NSW gavaman cant pay the debts due?
If it is just a overrun financial year,then it is ok.NSW can always
pass additional budget to top up the deficits.
But how about if NSW cannot can additional budgets?
THIS IS THE DAMN BIG PROBLEM I WORRY.
@@@@@@@@@
There are few possible----fundings and man power to pay money!!
WHO OWES WHAT
NSW Health owes $117.5 million to creditors
Children's Hospital at Westmead $4.5m�
Greater Southern Area Health Service $22m�
Greater Western AHS $10m�
Hunter New England AHS $0�
North Coast AHS $9m�
South East Sydney Illawarra AHS $24m�
Sydney South West AHS $0
North Sydney Central Coast AHS $22m
Sydney West AHS $26m
Code red: state hospitals in crisis
KATE BENSON | Senior doctors at Dubbo Base Hospital are threatening to quit after
running out of morphine and watching patients in the intensive care
unit swelter in 37 degree heat for five days. FUNDINGS
Does NSW get funds to pay?
NSW Health says it intends reducing this debt to $10 million by the end of tomorrow, but admits the state's area health services will still owe $117.5 million in unpaid bills.
But the situation is likely to deteriorate. The Government confirmed last night that a PricewaterhouseCoopers report last month showed this year's health budget would blow out by $900 million by March unless urgent action was taken.
The report said a $600 million blowout was expected on top of a $300 million shortfall announced in September.
NO man power to pay money
I found this reason
''reduced its administrators by 17 per cent''
is very funny.but this is the official reasons of late payment!!
i think NSW Health better fire all finance and admin staff.
Then NSW Health no need to pay at all!!
NSW is one of the richest,if not the richest state in oz!!Why like that??
The Director-General of NSW Health, Debora Picone, said the health service had made improvements since it was ordered in June to pay its creditors, but spiralling costs and recruitment problems had made it difficult to get debts under control. "I don't expect the area health service to turn things around overnight but they have already reduced the number of creditors by 50 per cent and we are headed in the right direction."
Ms Picone said the health service had reduced its administrators by 17 per cent and increased frontline staff by up to 29 per cent in the past year.
But Dr Fisher questioned the figures. "Where are these extra doctors and nurses? I haven't seen them. All the doctors and nurses here are exhausted from double shifts and being on call. And if we quit, who suffers? Joe in the street, that's who."
with Louise Hall and Andrew Clennell
"It is dangerous here and we are losing the will to continue," a surgeon, Dean Fisher, (above)told the Herald yesterday.
He said most specialists at the hospital had not been paid in six weeks and operating theatre staff were still regularly without basic supplies such as gloves.
"As of Monday we have no urologist and cardiac patients are already sent to Sydney because there is one cardiologist who flies in once a month. Eight clinicians, including surgeons, psychiatrists, physicians, anaesthetists and locums, are flown in every month at huge cost to the health service because nobody wants to work here."
The Medical Staff Council, run by 15 Dubbo doctors, passed a unanimous vote of no confidence in the hospital's management three months ago but Dr Fisher said "nothing had changed".
"Nobody is ever held accountable for this mess."
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Pl forgive me to highlight this small hospital saga.
Does it reflect a big problem in oz------lack of cash in gavaman of NSW!!
i dunt guess lah.becos i will be accused of anti--oz.
u tell me the true answer lah,mate.
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Originally posted by lionnoisy:
i dunt guess lah.becos i will be accused of anti--oz.
*Sigh* If you're not anti-Oz, what reason do you have to waste all this bandwidth with your nonsensical cut-and-paste jobs?
You're not Australian (frankly, even if you sucked Rudd's cock and called him Daddy they'd be laughing too hard to let you in), so what business is it of yours? You're not affected by it, but even if Elle Mcpherson's hair was out of place you'd post it and ask if Australia is such a great place after all, so the first step to your unlikely recovery is to admit that you've got a fucking big problem with this obsession of yours.
You seriously need to dump the pathetic self-pity and try to get whatever passes for a life in your species.
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The worst news there are many backlogs in health services!!
Table E.2: Infrastructure backlog estimate, extrapolated from Access Economics and MAV results
Backlog in infrastructure renewals ($m)$14,533
Underspend on existing infrastructure renewals per annum ($m)$1,129
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1663k - Adobe PDF - View as htmlPricewaterhouseCoopers. 201 Sussex Street. Sydney NSW 2000. Phone: (02) 8266 2765 ... health and welfare agencies within the area, and ... excess of $300 million. ...www.alga.asn.au/policy/finance/pwcreport/pdf/reportpdf.php
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Wow!!Wat a Great Oz mindset!!
(AUSTRALIAN)TREASURER:
Well Fran, we got ahead of the curve when we put in place the Economic Security Strategy last October. And in this debate about what's occurring in the global economy, we should never lose sight of the underlying strengths of the Australian economy. And one of those strengths during this period of great global uncertainty was the fact we had an economic stimulus package in place while confidence globally and demand globally was falling off the cliff.
The second point is that we have a very strong banking sector, perhaps the strongest banking of anywhere in the world.
But most importantly, there's probably no government in the developed world which has more capacity to respond further than Australia. We've got a lot of room to move when it comes to both fiscal policy and monetary policy, and both myself and the Prime Minister have made it clear that as the situation demands it, we won't hesitate to act. 013 IMF Report; Global Recession; Economic Security Strategy; Deficits; Jobs - Interview with Fran Kelly, ABC Radio National Breakfast
29/01/2009