The Coalition’s repeated claims that Australia’s economy is one of the world’s strongest can be refuted by simply looking at the numbers. THEY ARE LYING AUSTRALIA
Income per person
Slumped 4 to 8th under the LNP
27th of 38 OECD countries
2008- 2013 under the ALP it went from 8th to 6th Under LNP it went to 18th in 2019 and now 16th
Under Howard we were 14th Under the ALP we ranked 7-10th then we tumbled back to 15th
In 2013 4th 2019 15th and now 18th
Value of the Aussie dollar
Under the ALP it averaged $1 and Under the LNP it’s 0.72
We can also look at wage rises, productivity and other variables to see the same trends. Clearly, Australia’s economy is not leading the advanced world. It is barely leading Costa Rica and Chile.
In what world other than in La La Land can what Frydenberg or Morrison are saying be believed the reality and facts tell a totally different story.