The Australia Economy ?
sounds complicated when you hear all the 'so called experts' quoting financial figures on taxation, GDP (gross domestic Product) ,housing bubbles,fiat currency,and reserve bank forecasts and yet with all the technical financial talk do you notice that Australia is now in a
WORSE FINANCIAL position then ever before ? and it is TOTALLY UNNECESSARY ! 7 TRILLION IN TOTAL DEBT !

WHY ? 
we can get all complicated here but the answer is very simple GLOBALIZATION.
Globalization started in Australia about 40 years ago when the Gough Whitlam ,Bob Hawke and Paul Keating basically 

opened the boarders of Australia to Globalization.
Long story short over the last 40 years that process has destroyed the sovereignty of Australia ,destroyed every industry both primary and Secondary (manufacturing, farming etc) and opened the door to Global companies (who do not pay tax on profits in Australia) to rape, pillage and plunder Australia (economically speaking), and vacuum their profits offshore international tax havens and not pay any taxes on goods sold in Australia.

This is done under so called 'international law' or'trade agreements' which means is a lose/lose scenario for Australian tax paying citizens who ultimately fund this Global business scamming through your taxes, the real welfare recipients of the Australian tax payer are the Global companies and this is a well known fact ! Australia Tax office admits 36% of Global companies PAY NO TAX !   
Gradually we have had our economy eroded to the point we are now 7 trillion in debt (total personal and business/government debt ) refer   http://www.australiandebtclock.com.au/ 
I have done a series of videos explaining this process some years ago along with some other references by the world most educated people in 'the real world' not the 'make believe world of 'debt finance'
refer my page in www.healysnomorebull-s.com   and some more important videos here  where I felt we are heading for a

Global financial crash, but instead we are just living on borrowed time in a every INCREASING DEBT BUBBLE and the crash now being fed by QE (reserve bank quantitative easing = flood the world economy with trillions of dollars of valueless paper money) and keep the DEBT BUBBLE GROWING EXPONENTIALLY, and what goes up must now come down in a GLOBAL FINANCIAL CRASH of epic proportions.

Independent Experts like Harry Dent, Jim Rickhards , Mike Maloney ,Max Keiser, Pro.Steve Keen have educated people Globally on what is really going on in the Global Economy and their collective summery is A MASSIVE FINANCIAL STORM IS BUILDING
(see important videos click here)

Basic Financial Common sense tells you you cannot operate on continuous credit to global banks whose objective to to exchange 'fiat money' created literally out of 'thin air' on their computers in exchange for REAL ESTATE IN HARD ASSETS and that's the summery of the BIG PICTURE of the Global Corporates and Global Banking Scammers ( simply put), and to top this off the so called 'wealth' is filtered to the Elite 1% of the mega wealthy  who ultimately control the world.
In summery the motivation is PURE GREED and the race IS TO THE BOTTOM OF THE FINANCIAL DEBT SLAVERY ABYSS. 
 
China? 
Are the Australian politicians completely stupid ? allowing a communist country/dictatorship  to OWN LARGE PARTS OF AUSTRALIA ?  through various foreign/Chinese owned companies ?  this is insanity, nowhere else in the world can you own majority share holdings in companies based in that countries home land , try doing that in China ! (you would mysteriously disappear more then likely into a 're-education' camp or worse.) This demonstrates the complete corrupt incompetence of the current crop of politicians selling Australia 'down the creek in a barb wire debt laden canoe' and I'm NOT JOKING that's exactly what has been progressively been happening over the last 40 years .
  
Australia ? 
Notice NONE OF THE so called 'privatization schemes' have worked ?
Everything has just got MORE EXPENSIVE ?
Cost of real estate has gone up 6,000 % since the 1960's ,while real wages have stagnated over the last 30 years(relatively speaking may have increase 200% ), cost of living is escalated, cost of electricity gone through the roof, and to keep feeding the 'global debt machine' the Australian politicians have just kept SELLING OFF NATIONAL ASSETS without asking permission of the citizens of Australia.
The reality is after the 125 various taxes in Australia, you the Australian citizen, is earning 20 cents in the Dollar 80 cents is going to Taxation in its 125 various forms in every Dollar you earn, and The Global Corporations pay ZERO TAX !
SOUND FAIR TO YOU ? ARE YOU GETTING A "FAIR GO MATE" ? YOU MY FRIEND ARE NOTHING MORE THEN A DEBT SLAVE !

IRRESPONSIBLE CORRUPTED POLITICIANS YEAR IN YEAR OUT BLOWING OUT THE NATIONAL CREDIT CARD AND SELLING OFF NATIONAL ASSETS TO FEED THE EXPONENTIALLY GROWING DEBT BLACK HOLE ! CREATING A NATION OF DEBT SLAVES !
THIS MUST BE STOPPED IMMEDIATELY  and REVERSED!

Climate Change ?
It was a scam from the beginning any credible scientist that quotes empirical data of the recorded change in temperature over the last 150 years states the data says .8 degree Kelvin (point 8) I mean you have to be brain dead and stupid to believe the hype around climate change and Al Gore ? made a lot of money out of complete Bull-s and sucked a lot of people in and still does.
References:
Lord Christopher Monckton:   https://youtu.be/UGqcweY1a3I     
Nobel Laureates Ivar Giaever: https://youtu.be/TCy_UOjEir0

How Money is created ?

Basically out of 'thin air' and its no longer anchored to a Gold standard so it has no real 'value' other then what you 'perceive it does. please refer to my financial education page to get you up to speed on that issue here: (Mike Maloney is a good reference Video) 
Bottom Line ?
Globalism has created a DEBT SLAVERY SYSTEM and Australia is well entrenched in 2018 Chained up and sinking to the Bottom.