Hockey blathered about Australia's growing "sovereign risk" under Labor. He and the Coalition should be embarrassed that, in the very week they are trying to run this fearmongering nonsense, international investors actually confirmed that Australia is not a sovereign risk but a sovereign safe haven.
The interest rate that investors demand on Australian Treasury bonds this week fell to the lowest in history as investors, fleeing the real sovereign risk of Spain and Italy, put tens of billions of dollars into German, Japanese, British, US and Australian government bonds for safekeeping.
Abbott's fear of falling prey to stunts suggests that a man who lives by the stunt is worried he might die by a stunt. If his leadership were better founded on good policy, he might not be so fearful of something as shallow as a stunt.
Read more: http://www.smh.com.au/opinion/politics/panic-on-the-house-floor-20120601-1zn4x.html#ixzz1wb16Al1d