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rationalexchange

Listed below are comments made by rationalexchange between Thursday, 2nd October 2008 and Thursday, 2nd October 2008.

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Lucky, Lucky, Lucky? 02:11am on 02 Oct 2008 Good article and interesting comments (ignoring the tongue in cheek 'Pom' stuff).

One point that often gets ignored in the 'mining boom' argument ...

Australia's success in the resources markets is not simply an accident of global circumstances. This is a MARKET like any other - you have to be a reliable quality supplier. In the 1970's Australia's record as a trading partner was appalling! Lost production due to industrial action was near the top of OECD league tables.

Economic reform - particularly industrial relations reform - by BOTH labour and coalition governments - paved the way for a world class resources sector. The much maligned waterfront reform is just example of what had to be done to improve Australia's economic performance.

Still lots more to be done though.

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