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BREAKING: Australias economy booms as the world crumbles

 
Anonymous Coward
User ID: 17394977
Australia
06/05/2012 09:38 PM
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BREAKING: Australias economy booms as the world crumbles
Australias GDP grew 1.3% in the three months to March.

(0.6% was expected)

This is being reported as breaking news on ABC News 24 right now.

This is likely connected to China's large appetite for Australian minerals.

UPDATE:

in the last minute the Australian dollar has risen half a cent to the US $ in one minute after this announcement.

and rising fast.


...Australia yet again has avoided any sign of recession just like in 2008.
Anonymous Coward
User ID: 1379853
United States
06/05/2012 09:44 PM
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Re: BREAKING: Australias economy booms as the world crumbles
thats right bitches.. we rise and you fall ;)
Anonymous Coward
User ID: 15972877
United States
06/05/2012 09:46 PM
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Re: BREAKING: Australias economy booms as the world crumbles
thats right bitches.. we rise and you fall ;)
 Quoting: Anonymous Coward 1379853


Neato. What will do you China is done raping you?
Anonymous Coward
User ID: 17177008
United States
06/05/2012 09:48 PM
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Re: BREAKING: Australias economy booms as the world crumbles
Yeah but that's not necessarily good.

But as long as you have wage growth there isn't much to complain about.

Take the US for instance. We have growth but no wage growth. So all the new growth is going to the elite. As usual.

Then the have the nerve to tell us they pay too much in taxes.
Anonymous Coward
User ID: 17456989
Brazil
06/05/2012 09:48 PM
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Re: BREAKING: Australias economy booms as the world crumbles
Everyone who ties to CHINA will survive.

Let the USA and Europe go down the toilet.

We, the Chinatards, are going to thrieve!
Anonymous Coward (OP)
User ID: 17394977
Australia
06/05/2012 09:50 PM
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Re: BREAKING: Australias economy booms as the world crumbles
Everyone who ties to CHINA will survive.

Let the USA and Europe go down the toilet.

We, the Chinatards, are going to thrieve!
 Quoting: Anonymous Coward 17456989


lol @ china tards

china and australia depend on each other equally. No-one is raping anyone.
Anonymous Coward
User ID: 1370697
Australia
06/05/2012 09:54 PM
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Re: BREAKING: Australias economy booms as the world crumbles
yeah totally dude

the costs of living is very cheap

what inflation?

schools are thriving

[link to www.abc.net.au]

teachers are way overpaid as opposed to executive parasites and treachorous politicians who are way underpaid

[link to www.theaustralian.com.au]

shareholder value must be protected at all costs, cancer to democracy is what we need

[link to www.heraldsun.com.au]

the billionaires are decent, generous good people. ask andrew bolt... he knows it all...

the homeless love sleeping on the street

housing and rent are so cheap, the lucky country

lucky for some!

this will never change......so you think.....and then.......BOOM BOOM BOOM SHAKE AND BAKE.....WTF>>>>>WHERE DID THAT COME FROM

out of the blue

hf
Anonymous Coward
User ID: 1483265
United States
06/05/2012 09:55 PM
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Re: BREAKING: Australias economy booms as the world crumbles
Lets get some Fostas and throw anotha shrimp on the bobbie.
Anonymous Coward
User ID: 17447512
Australia
06/05/2012 09:57 PM
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Re: BREAKING: Australias economy booms as the world crumbles
spam
Anonymous Coward
User ID: 1080739
United States
06/05/2012 09:58 PM
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Re: BREAKING: Australias economy booms as the world crumbles
Enjoy it while it lasts.
Anonymous Coward
User ID: 17458451
Brazil
06/05/2012 09:58 PM
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Re: BREAKING: Australias economy booms as the world crumbles
Everyone who ties to CHINA will survive.

Let the USA and Europe go down the toilet.

We, the Chinatards, are going to thrieve!
 Quoting: Anonymous Coward 17456989


lol @ china tards

china and australia depend on each other equally. No-one is raping anyone.
 Quoting: Anonymous Coward 17394977



I know mate.

Same thing here in Brazil.

Sice 2009 we can proudly say that the USA is not longer our biggest trade partner. It's China now.

Let the USA and Europe burn.

Let the old world elites burn.
Anonymous Coward
User ID: 17416200
United Kingdom
06/05/2012 09:58 PM
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Re: BREAKING: Australias economy booms as the world crumbles
hurrrrr

australians dont own the mineral rights to australia, the english crown does
Anonymous Coward
User ID: 1379853
United States
06/05/2012 09:59 PM
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Re: BREAKING: Australias economy booms as the world crumbles
hurrrrr

australians dont own the mineral rights to australia, the english crown does
 Quoting: Anonymous Coward 17416200


bs!! the queen doesnt own shit down here..
Anonymous Coward
User ID: 17416200
United Kingdom
06/05/2012 10:04 PM
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Re: BREAKING: Australias economy booms as the world crumbles
hurrrrr

australians dont own the mineral rights to australia, the english crown does
 Quoting: Anonymous Coward 17416200


bs!! the queen doesnt own shit down here..
 Quoting: Anonymous Coward 1379853


oh, must have missed all your independence celebrations.

have you never heard of gough whitlam?

[link to en.wikipedia.org]

Edward Gough Whitlam, AC, QC (born 11 July 1916), known as Gough Whitlam , served as the 21st Prime Minister of Australia. Whitlam led the Australian Labor Party (ALP) to power at the 1972 election and retained government at the 1974 election, before being dismissed by Governor-General Sir John Kerr at the climax of the 1975 Australian constitutional crisis. Whitlam remains the only Prime Minister to have his commission terminated in that manner.


when do you celebrate independence day?
Anonymous Coward (OP)
User ID: 17394977
Australia
06/05/2012 10:38 PM
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Re: BREAKING: Australias economy booms as the world crumbles
[link to www.skynews.com.au]
Anonymous Coward
User ID: 6268601
Hong Kong
06/05/2012 10:41 PM
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Re: BREAKING: Australias economy booms as the world crumbles
LOL Australia is a bubble fueled by China's bubble economy.

Australia is gonna be one hell of a mess when China finally blows up.
teraustralis

User ID: 3735420
Australia
06/05/2012 10:43 PM
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Re: BREAKING: Australias economy booms as the world crumbles
hurrrrr

australians dont own the mineral rights to australia, the english crown does
 Quoting: Anonymous Coward 17416200


bs!! the queen doesnt own shit down here..
 Quoting: Anonymous Coward 1379853


Go back to school & learn something dude.. Oh yeah, they won't teach you the truth.

The Queen and the Crown are two different corporations.

peace
Ozicell

User ID: 17451451
Australia
06/05/2012 10:49 PM

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Re: BREAKING: Australias economy booms as the world crumbles
Australia is being set up to be the seat of the New World Order which has been in the planning for around 30years+.

Of course I don't believe it will ever happen and even if it doesn't - the plans are still in place and proceeding on schedule!

Hence, we are provably the most controlled and most under surveillance nation on Earth. Yet we live under the illusion of being free!

A lot of stuff is about to go down and Australia is in the cross hairs.
That which is - has already been, And what is to be - has already been. Quote: King Solomon.
Anonymous Coward
User ID: 17449240
Australia
06/05/2012 11:00 PM
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Re: BREAKING: Australias economy booms as the world crumbles
hurrrrr

australians dont own the mineral rights to australia, the english crown does
 Quoting: Anonymous Coward 17416200


incorrect.

the english crown has owned nothing in australia since 1923.

the rights to mine are sold by australian government to companies, but the minerals themseves are owned by australian citizens, and the companies pay us in taxes and , in some cases, royalties.
Anonymous Coward
User ID: 15224403
New Zealand
06/05/2012 11:05 PM
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Re: BREAKING: Australias economy booms as the world crumbles
More than likely due to the huge influx of Japanese keen to leave their homeland post the tsunami.
Anonymous Coward
User ID: 16753272
Australia
06/05/2012 11:11 PM
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Re: BREAKING: Australias economy booms as the world crumbles
artificial boom.


KEY WORD - ARTIFICIAL


It wasnt created with real 'capital' or productivity.


Very misleading thread.
Anonymous Coward
User ID: 15224403
New Zealand
06/05/2012 11:11 PM
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Re: BREAKING: Australias economy booms as the world crumbles
hurrrrr

australians dont own the mineral rights to australia, the english crown does
 Quoting: Anonymous Coward 17416200


incorrect.

the english crown has owned nothing in australia since 1923.

the rights to mine are sold by australian government to companies, but the minerals themseves are owned by australian citizens, and the companies pay us in taxes and , in some cases, royalties.
 Quoting: Anonymous Coward 17449240


Crown right to all the minerals in her Commonwealth is an imperial entitlement as the Empire belongs to her. Anything you get is incidental and the "independence" you enjoy is subject to her whim. Whitlam is a good example of what she can do if her domain is in any way threatened.
Anonymous Coward
User ID: 17447512
Australia
06/05/2012 11:13 PM
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Re: BREAKING: Australias economy booms as the world crumbles
hurrrrr

australians dont own the mineral rights to australia, the english crown does
 Quoting: Anonymous Coward 17416200


incorrect.

the english crown has owned nothing in australia since 1923.

the rights to mine are sold by australian government to companies, but the minerals themseves are owned by australian citizens, and the companies pay us in taxes and , in some cases, royalties.
 Quoting: Anonymous Coward 17449240


I think the states own the rights to mine, not the public at large, I know Guillard is trying to push that story, but it's not borne out in legal documents.
Anonymous Coward
User ID: 17449240
Australia
06/05/2012 11:21 PM
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Re: BREAKING: Australias economy booms as the world crumbles
hurrrrr

australians dont own the mineral rights to australia, the english crown does
 Quoting: Anonymous Coward 17416200


incorrect.

the english crown has owned nothing in australia since 1923.

the rights to mine are sold by australian government to companies, but the minerals themseves are owned by australian citizens, and the companies pay us in taxes and , in some cases, royalties.
 Quoting: Anonymous Coward 17449240


Crown right to all the minerals in her Commonwealth is an imperial entitlement as the Empire belongs to her. Anything you get is incidental and the "independence" you enjoy is subject to her whim. Whitlam is a good example of what she can do if her domain is in any way threatened.
 Quoting: Anonymous Coward 15224403


maybe in NZ , but not here.

and whitlam was removed by the governor general, who the queen promptly sacked.(her only influence)

our referendum decided to keep the queen, she is a figurehead of state by the will of

the people.
Anonymous Coward
User ID: 12064276
United States
06/05/2012 11:39 PM
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Re: BREAKING: Australias economy booms as the world crumbles
LOL Australia is a bubble fueled by China's bubble economy.

Australia is gonna be one hell of a mess when China finally blows up.
 Quoting: Anonymous Coward 6268601


and when china finds out that australia has been conspiring with the US to start war against them... in the south sea area.
Anonymous Coward
User ID: 14835172
United States
06/05/2012 11:44 PM
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Re: BREAKING: Australias economy booms as the world crumbles
bsmeter2

Smokes and mirrors.
Anonymous Coward
User ID: 12899762
Australia
06/05/2012 11:48 PM
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Re: BREAKING: Australias economy booms as the world crumbles
The mining boom... And we have an awesome treasurer!!!
Voted number one treasurer in the world. Wayne swan rocks!!!!
Anonymous Coward
User ID: 17322050
Australia
06/05/2012 11:50 PM
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Re: BREAKING: Australias economy booms as the world crumbles
Its all mining we have no other industry to help us. We dont make anything and the day will come when we use all our resources and we will be stuffed. There is no job growth at all, except in the mines.
Anonymous Coward
User ID: 16847391
United States
06/05/2012 11:52 PM
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Re: BREAKING: Australias economy booms as the world crumbles
Everyone who ties to CHINA will survive.

Let the USA and Europe go down the toilet.

We, the Chinatards, are going to thrieve!
 Quoting: Anonymous Coward 17456989


lol @ china tards

china and australia depend on each other equally. No-one is raping anyone.
 Quoting: Anonymous Coward 17394977



I know mate.

Same thing here in Brazil.

Sice 2009 we can proudly say that the USA is not longer our biggest trade partner. It's China now.

Let the USA and Europe burn.

Let the old world elites burn.
 Quoting: Anonymous Coward 17458451


And you also lead the league in shemale porn

lmao
Anonymous Coward
User ID: 17449240
Australia
06/06/2012 12:04 AM
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Re: BREAKING: Australias economy booms as the world crumbles
Its all mining we have no other industry to help us. We dont make anything and the day will come when we use all our resources and we will be stuffed. There is no job growth at all, except in the mines.
 Quoting: Anonymous Coward 17322050


not really.

the mines are just a place few australians are willing to work in.

there are heaps of low skilled jobs there that pay in excess of $2000 a week, all in

remote areas.

we have the lowest rate of mining per area in the western world and the highest unmined

resources.

growth is stable (except retail) basically across the board, mining is booming, and will for the next century.

if your young and want a house, five years in the mines and you will own your own, on a salary with no risk.
Anonymous Coward
User ID: 17447512
Australia
06/06/2012 12:23 AM
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Re: BREAKING: Australias economy booms as the world crumbles
The mining boom... And we have an awesome treasurer!!!
Voted number one treasurer in the world. Wayne swan rocks!!!!
 Quoting: Anonymous Coward 12899762


bsmeter2





GLP