Chinas Hope

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Chicken Almond Ding L Chicken with Broccoli L4. Moo Goo Gai Pan L6. Chicken in Garlic Sauce L Beef with Broccoli L7. Chicken with Peapods L Beef Chow Mein L8. So with this strong employment growth, we should have got much better wage outcomes than we've actually got, and so it's very hard to forecast if it will ever turn around and when. I assume that means an election-sweetener war chest, but the Government also remains committed to banking the benefits of this period to improve the bottom line. First of all, I think the political pressure to spend will be very, very strong.

We saw that with the Howard government. When they were in danger, they spent a lot of money.

How dependent are the government’s budget hopes on China?

So, the pressure to spend will be strong, and secondly, the forecasts depend on three really good years, sort of more or less what we've had now, roughly speaking. And the next sort of three years in the forecast period would be, you know, better than nine out of 10 of the last 10 years. So, it's going to be hard to do both, I think.

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And so it's more likely that this boom, if you like, will come to an end in the next three-year period than not? A lot — so much depends, in Australia, on what's going on in China and the price of exports. And obviously the trade war, as you say — some say the pillars of the global system are fundamentally unstable. And if you had the bet between, you know, three good years or stumbling because of China, you'd choose the stumbling because of China. But the Trump-China thing looks really bad, and furthermore, my friends in America tell me that Trump is not alone in this sort of attempt to contain China, so, you know, it's not a policy that's likely to change quickly in America.

And that's very, very bad for us. I mean, the Trump policies are really hard for Australia, very hard indeed.

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The secret to the government's economic success is, as always, strong earnings from China. Mon 17 Dec , 6: So it's really the foreign market that's been the big thing that's made a difference.

China hopes US can learn not to "blurt things out" after Zambia denial - Channel NewsAsia

So, they haven't really changed anything there; they've just delayed the increase a little bit. Can they do both? I don't think they can do both, myself. I mean, as I say, it's very hard to forecast these things.

Investors hope for trade war ceasefire at G20 summit

So, a good three years is not really in our Government's hands. But I'm not — we can't be sure. And we are seeing China slowing, aren't we? Would you go that far?