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Canberra, not mining got us through GFC

Treasury secretary Ken Henry has challenged the belief that Australia's mining industry saved the nation's economy during the GFC, telling a Senate hearing Canberra's economic policies were more to thank for the survival.

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Perth
"Treasury secretary Ken Henry has challenged the belief that Australia's mining industry saved the nation's economy during the GFC, telling a Senate hearing Canberra's economic policies were more to thank for the survival." That might be true if not for the fact that those policies (which also wasted hundreds of millions of dollars through poorly implemented and rorted schemes) blew a $12 BILLION hole in Labour's budget, which they are now planning to plug with an extra tax on...guess who - the mining industry!

WA
What's an ignorant statement from Treasurer secretary Ken Henry! The resources sectors do play a vital role in saving Australia from a recession.

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