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Daily News23-11-2010
Ken Henry - shooting straight from the hip
Australian Treasury secretary Ken Henry has issued a warning that providing assistance to struggling parts of the economy could force up interest rates and the value of the Australian economy. Speaking in front of a senate committee, Henry said that the Australian economy could be undergoing a permanent structural change as a result of the mining boom. So is Henry foreseeing a fundamental shift in Australian economics?

Born on 27th November 1957, Henry is a Sagittarius born in the Chinese year of the Rooster. Those born under the sign of the Rooster are often considered to be straight talking, no nonsense characters who are not afraid of conflict. They tend to hide their conservative natures with a display of aggression and self-confidence, yet still manage to retain an air of dignity. Their attention to detail and love of accuracy means that Henry`s words should not be taken lightly, as Roosters can be surprisingly perceptive. In general, Roosters are genuine and work for the greater good, and Henry`s words are not meant to inflame but rather make Australians aware that the economic boom that the mining industry has brought to the continent will mean that other industries may eventually decline. His words are typical of a Rooster`s ability to see which way the wind is blowing and to crow loudly enough to let everyone else hear their warning. Henry`s ability to see the long-term picture may be of great benefit to the economy later on down the line.

In This Month's Newsletter
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