Hockey must work an economic miracle

On so many issues, Treasurer Hockey is between a rock and a hard place. Keeping growth alive will be an extraordinary achievement.

If ever a Treasurer has had a spinning-plate trick on his hands, it's Joe Hockey. When he returns from his G20 discussions in the US, Hockey will need every ounce of skill to keep the sticks and plates spinning lest one should fall, bringing the economy down with it.

What are the plates? In no particular order, the main ones are: the housing market, the Aussie dollar, business and consumer confidence, business investment, the jobs market and immigration.

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