Originally Posted by
mcgrath50
Various world financial bodies praise Australia for avoiding the worst effects of the GFC. So the measures taken by the government (which were much more aggressive in terms of spending than the rest of the, now recession hit, world), assisted by the tail end of the mining boom, worked out well actually.
yeh Harvey Norman & the God Guys did well, when they sold 1 million flat screen TV's with the $500 almost every family got.
What an incredible waste of money.