Can Abbott talk up what he talked down?

When offshore capital inflows ebb, Australia will rely far more on industries now precariously positioned. That puts Tony Abbott and Joe Hockey in a tight spot.

It was wrong to talk down the economy during the Gillard years and it would be wrong to talk it down now – especially as something like the ‘Abbott bounce’ is finally apparent in retail data and consumer confidence.

That is a very good thing. The economy is at a precarious point and we frankly need to spend a bit of money and get businesses moving again.


{{ twilioFailed ? 'SMS Code Failed to Send…' : 'SMS Code Sent…' }}

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device

Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device

Register as a new member

(using a different email)

Related Articles