Guardian: "Australia may sell assets and cut welfare spending to rein in a debt burden that is already the second-smallest among developed nations" reported Bloomberg breathlessly early in May.
Such is the madness of the deeply unpopular conservative Australian government, which will lay down its budget for the coming 12 months next week.
In order to justify its right-wing agenda, the Abbott government ordered a National Commission of Audit. The Commission's report was released a week ago, and was described...