Titan 404 what world are you living in of course we are being driven by China and in the future India. Why are China trying to buy Australian mining companies I ask you? Cravenmorehead is spot on.
The Aussie economy is doing OK. We are seeing good growth, the farm sector is set to rebound. The sugar price is at a record, not sure about wheat and other grains. Gold miners are all expanding. Iron ore and coal still need badly by China. China still records high growth figures.
Tourism will come back once the Swine flu thing abates which it has.
This will all see aviation pick up. I agree house prices are due to come down that will cause pain just as the deflating of the market did last year, bad luck if you bought at the top.
Goverment stimulus is designed to cushion the building sector once the first home owners grant evaporates.
Anyway my 3 bits worth.
Interesting discussion though.
Che
fighting for bovine freedom