commerce

I don't read about it everyday, but it is certainly prominent in the news here quite frequently. We are actually doing exceptionally well, especially in our economic relationship with a booming China. They are holding the Boao Forum right now in Perth, Western Australia, which was set up in 1998 for the purpose of bringing Asian Businesses & Governments together. It's the first time the conference was held here. With the new Australian Government's Mineral Resources Revenue Tax on top of the Carbon Tax soon to come into effect, we really hope they do not deter Asian investment here. Perhaps we needn't worry; if the likely Liberal Party get in after the next election, all of these damaging policies will be reversed anyway. Prior to the election in which the Liberals were voted out here, PM John Howard was just months away from allowing India to buy our Uranium, which India needs to grow. India, with this sort of trade relationship, was heavily tipped to be the world's biggest economy very quickly way ahead of China, even as China is now. What Australia needs to work on now, is finding some long-term stability & positive economic policies which benefit everyone (like the Howard Government developed in opposition & government) to offer Asia in terms of trading policies, then we can all grow together.