Rudd’s recipe for recovery
Phillip Coorey – Chief
25 July 2009
Sydney Morning Herald
AUSTRALIANS should brace for high unemployment, rising interest rates, severe budget cuts and more expensive food and petrol as the nation and the world recover from the global economic crisis, the Prime Minister, Kevin Rudd, warns.
“These four pressures will hit Australian families just as they begin to feel the first benefits of recovery,” he says. “As growth returns, the economic conditions facing many families will deteriorate.”
The warning is contained in a 6100-word essay in today’s Herald, in which Mr Rudd charts the path beyond the crisis and into recovery, a turning point he believes could be reached this year.
With only five days before it’s relaunch, the Federal Government has advised the scrapping of the GroceryChoice website. Consumer Affairs Minister Dr. Craig Emmerson announced the decision on the 26th of June 2009 – with a media release apparently before Choice, the current caretakers of the website, were notified.
Dr. Emmerson believes that the introduction of […]