WTF does this mean... national income up, GDP reported as being awesome... all because of the ABS including a revision in primary income credits from non-residents?? Huh? I guess that fixes the economy then.
Inside the board room where Mathematical Politics is performed. Chairman: "Pass the dutchie to the left hand side" Treasurer: "Let's roll another number" Guardian isn't wading in the weed because.................. it does'nt know how it feels meanwhile the PM sees "Lucy in the Sky with Diamonds"
It's simply a chart of the official ABS numbers: March figures,June figures Jun-2012,317460,317532 Sep-2012,317120,317273 Dec-2012,316940,317136 Mar-2013,317247,317420 Jun-2013,318063,318215 Sep-2013,319167,319341 Dec-2013,320522,320748 Mar-2014,321612,321856 Jun-2014,321854,322063 Sep-2014,321754,321951 Dec-2014,321541,321744 Mar-2015,320612,320790 Jun-2015,318948,318748 Sep-2015,317633,317533 Dec-2015,317149,319050 Mar-2016,317237,322078 Jun-2016,null,325326
Good times==Mining boom=Count in dollar terms=increased GDP Bad times=Mining Slump=Count in amount ore and coal mined=increased GDP UK Scenario///include prostitution and the drug trade to lift GDP Like OC says its all BS. Regards Errol 43
ABS. Note the BS. You can't blame them for living up to their name. Plus we must have thousands of families reliant on the taxpayer-funded theft who are working at the ABS. Do you iz wanting them to haz no jobs? We can't have that, can we? There must be at least 4 billion dollars worth of spin that they aren't counting in the official statistics, so they iz being fair.