Resilient Australian economy better shape than the rest of the world.
I am giving the Australian Labor Party a big tick for economic management. When the Prime Minister and Treasurer, and others tell you the Australian economy is doing better than most- they are right. The low unemployment rate has surprised me. We are still fortunate to have an unemployment rate with a five in front of it. Our unemployment rate has remained pleasingly low and our debt to GDP ratio, the amount we owe, compared to the strength of our economy is a lot better than most other countries. The Australian economy is better than the economies of Japan, the US and most European countries.