In 2018, Australia bought US$227.3 billion worth of imported products down by -0.6% since 2014 but up by 2.7% from 2017 to 2018.
NAVIGATE 1 VOTER POLITICAL RESEARCH
WHY IS 1 VOTER DOING THIS RESEARCH?
THIS VOTERS PRIORITIES FOR GOVERNMENT
The lens through which I examine the party options .
THE ALTERNATIVES - RESEARCH OTHER PARTIES
I've had a look at these parties so far - Links to my summaries and research:
1 VOTER RESEARCHES LABOR pg1
1 VOTER RESEARCHES STAINABLE AUSTRALIA
These pages are authored by a concerned Australian citizen.The opinions expressed on this website are personal opinions only, the writer has no political qualifications but is a registered voter. This page is not authorised or endorsed by the any of the parties discussed or not discussed here-in. Note: the "Arm Yourself" phrase as used here refers to knowledge and does not refer to violence of any sort
1 VOTER COMMENT4: We are selling off our minerals instead of utilizing them in our own manufacturing industries. The sale of our gas and coal off-shore is raising the prices of these resources for Australian consumers, these are not renewable resources. What do we do when we run out? The reliance on exporting minerals places huge wealth in the hands of few, is primarily located in the states with smaller populations and has a huge impact on the environment.
Mining and mineral exports are primarily responsible for the growth in the Australian economy. What happens if China suddenly stops purchasing our minerals!
1 VOTER COMMENT 5 - SO IS MANUFACTURING UP OR DOWN?
My research shows wildly differing opinions on manufacturing growth or otherwise in Australia, so it’s difficult to know the truth. Drawing on personal observation I have seen vehicles,clothing, shoes, paper products, electrical and whitegoods manufacturing in Australia almost entirely gone. The internet international sales have deprived Australia of G.S.T. income and decimated shopping centres and consequently retail sales jobs.
Finding succinct ratified 2018-19 government Data on this topic has proven difficult so I am submitting here data that covers the period the Coalition has been in government to indicate a general trend.
Activity levels across Australia’s manufacturing sector improved at the fastest pace on record in March 2018, led by broad-based improvements in new orders, employment and exports.
2016-17 KEY INDUSTRY POINTS
The estimates in this publication cover the performance of selected industries compiled from the annual Economic Activity Survey (EAS).
The Mining industry grew strongly across most key data items in 2016-17. In particular, earnings before interest, tax, depreciation and amortisation (EBITDA) grew 38.2% ($23.1b).
The Agriculture, forestry and fishing industry also showed strong growth, reflected in sales and service income increasing by 8.6% ($7.6b) and EBITDA by 22.9% ($4.4b).
The Rental, hiring and real estate services industry EBITDA slowed from the previous year's 13.2% ($6.3b) but was still strong at 6.4% ($3.5b), while the Professional, scientific and technical services industry experienced better growth in 2016-17, with EBITDA up 9.1% ($2.3b) in comparison to 0.9% ($238m) in 2015-16.
In contrast, the Manufacturing industry declined across all key data items, with EBITDA down 3.4% (-$1.2b).
2018 -19 Export figures - Quote" net exports of goods under merchanting fell by 33 percent to AUD 24 million"End Quote
Quote" November 2017 marked the 14th month in a row that the manufacturing sector held a score above 50 on the Ai Group Performance of Manufacturing Index. Any figure above 50 indicates the industry is experiencing success, while the amount above it is from 50 represents its rate of growth, according to Business Insider."End Quote
PURE SPIN - A.K.A. LIE
But while the Treasurer has trumpeted that the Budget is "back in the black" The Coalition has only forecast a surplus and has yet to deliver one.
There had been speculation the Government would attempt to deliver a surplus for the current financial year, but that has failed to eventuate.
The 2018-19 financial year is projected to end with a $4.2 billion deficit.
The Budget forecasts surpluses in each year over the forward estimates, reaching as high as $17.8 billion in 2021-22.
The Australian ® has indicated positive conditions (results above 50 points) for 25 consecutive months – the longest run of recovery or expansion since 2005.
For a third consecutive month, all seven activity sub-indexes in the Australian PMI® expanded in October . Production (up 2.9 points to 61.6), supplier deliveries (up 3.7 points to 60.9) and sales (up 2.3 points to 59.9) were all encouragingly strong, while employment (down 5.4 points to 52.6), new orders (down 3.8 points to 58.8) and exports (down 3.8 points to 55.1) all slowed in comparison to September. "End Quote
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1 VOTER RESEARCHES LIBERALS - COALITION
1 VOTERS OPINION on AUSTRALIAN POLITICS
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