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Boom states now face the toughest problems

Discussion in 'The Economy' started by Tropo, 15th Dec, 2008.

  1. Tropo

    Tropo Well-Known Member

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    Boom states now face the toughest problems

    AUSTRALIA may continue to run a two-speed economy, but it will be the resource states that run slow as Queensland and Western Australia supplant NSW as the Rudd Government's biggest economic headache.

    As it deals with resource states that are lifting taxes and cutting services, while households battle rising unemployment and falling real incomes, the Rudd Government may look back with nostalgia at the high poll ratings its economic management brought it at the end of 2008.
    Boom states now face the toughest problems | The Australian