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Australia’s better off under the Liberals.

Commonwealth Budget Balance

Average Commonwealth Budget Balance

Net Government Debt

Howard Government

Rudd/Gillard Government

$19.8 billion

$43.4 billion

(2007-08)

(2011-12)

$8.1 billion

$43.1 billion

(1996-97 – 2007-08)

(2008-09 – 2011-12)

$44.8 billion

$147.3 billion

surplus

surplus

in the black (2007-08)

3.8%

Net Debt as a % of GDP

deficit

net debt

10%

in the red

$1.02 billion

$6.6 billion

(2007-08)

(2011-12)

in earnings

Average Annual GDP Growth

Average Annual Inflation

Working Days Lost to Industrial Disputes

(2011-12)

in payments

Average Standard Variable Mortgage Rate Average Proportion of Family Income Devoted to Repayments on New Home Loans

Govt Outlays as a % of GDP

23.1%

23.8%

Average Small Business Unsecured Overdraft Rate

Govt Reciepts

$294.9 billion

$367.0 billion

Spread between RBA Cash Rate and Average Standard Variable Mortgage Rate

4.5%

5.6%

Average Annual Bankruptcies (personal and business)

(2007-08)

(2007-08)

Unemployment Rate

(Nov 2007)

Increase in Employment

338,900

(Year to Nov 2007)

3.7%

(Mar qtr 1996 to Dec qtr 2007)

2.6%

Rudd/Gillard Government

2.3%

(Dec qtr 2007 to Dec qtr 2012)

2.8%

(March qtr 1996 to Dec qtr 2007)

(March qtr 2008 to Dec qtr 2012)

49,700

273,200

(2007)

(2012)

(2011-12)

in the black (2007-08)

Net Government Interest Payments

deficit

Howard Government

(2012-13)

(2012-13)

(March 2013)

7.26%

(Mar 96 – Nov 07)

27.8%

(1996-97 – 2006-07)

8.89%

7.37%

(Dec 07 – Feb 13)

34.4%

(2007-08 – 2011-12)

10.14%

(Mar 96 – Nov 07)

(Dec 07 – Feb 13)

180 points

345 points

(Nov 2007)

23,497

(1996-97 to 2007-08)

(Feb 2013)

25,729

(2008-09 to 2011-12)

197,400

(Year to Feb 2013)

To download our Real Solutions Plan visit realsolutions.org.au Hope. Reward. Opportunity. Printed and authorised by Brian Loughnane, Federal Director, Liberal Party of Australia. Cnr Blackall & Macquarie Streets, Barton, ACT 2600. April 2013.

Lpa business a4 flyer australia is better off under the liberals 11 april 2013  

To download our Real Solutions Plan visit realsolutions.org.au

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