Looks like things in Australia aren't quite as rosy as I first thought:
http://www.reuters.com/article/idUSSGE61805120100209
http://www.smh.com.au/business/dont-...0219-8c6e.html
It appears there's close to $2 trillion in private debt in Australia, twice its GDP. You guys may be on your way to the same credit crunch followed by massive layoffs and housing foreclosures that the US has been experiencing, while your government conveniently ignores the problem.