Looks like the Australian Economy is doing alright.
From the IMF site. https://www.imf.org/en/News/Articles/2019/02/15/NA022119-australia-economic-outlook-in-six-charts
Economic growth in Australia picked up strongly in the first half of 2018, and the economy made further strides in its adjustment and rebalancing after the end of the mining investment and commodity price boom. Despite strong employment growth and declining unemployment rates, wage growth was low and underemployment still above its longer-term average.
Hello, Liberal Party shill. Let's have a little chat about the economy then...
You've used some extremely selective measures here to try and say the LNP have done a stand-up job. In a nutshell, public and private debt is exploding - we actually have a Keynesian economy in Australia now where the government is responsible for taxing and spending into a fake prosperity. We have 1.3 million people at universities in 2019 - if the government stopped funding HELP and ended the possibility of residency we'd probably have a third or a quarter of that. Similarly about 1 million plus under-employed, in fact nearly half the part-timers 20-24 years old are under-employed.
Unemployment is a measure of nothing but the most under-occupied and unemploy-able in Australia, there's millions more who are not in the work-force or under-employed and they're (gasp!) dragging living standards down, how dare they, how un-Australian!
Official interest rates at 1.5% https://www.rba.gov.au/statistics/cash-rate/
It's very curious that you're shilling this point since Joe Hockey (surely the most intelligent Liberal Party front-bencher in recent memory) himself said that the extremely low interest rates that they were about to inherit from the failing Rudd government was a sure fire sign of how buggered the economy was.
Yet fast-forward to 2019 at the end of six years of totally dismal non-leadership from what surely must be one of the worst governments we've ever had and SURPRISE! Super low interest rates are suddenly funky like bell-bottoms and Brill-Cream again and (as Howard said) interest rates will be even lower under a Liberal government, you can be sure.
So is it really wonderful that we're about to spiral into deflation or really bad... I can't tell...
All in all, the economy looks pretty good. Not happy with it? Don't worry Bull smeg Bill Shorten will totally stuff it up, if he gets in.
It will be absoultely no different, if anything the Labor Party has perfected the art of sucking up to the Chinese Communist Party so perhaps that'll delay a fall-out with them.
Otherwise I really don't expect things to be any different under a Shorten government other than things like the possibility of helicopter money
which will probably happen under Morrison if he gets re-elected anyway.
By the way I'm not convinced Shorten will win the election, I think there's problems with the volatility of the electorate that are very hard to predict as per Brexit and Trump. Also I'd really like to see how the LNP will react to the coming financial crisis, it would be worth it just to see what they do.