11/10/2004 11:08:51 am
Howard Wins Again in Successful Australia. During the last two decades, Australia has become a star on the global economic sky. The success is the result of market-oriented reforms since the 1980?s. Now Prime Minister John Howard just won a fourth term in office. Read more about the election and its implications here. This election result shows clearly that the Australian people likes the reforms. That may not be surprising; high growth creates ever better living standards and more jobs. One sign of the economic success can be seen at migrationexpert.com where the Australian government seeks more people. 200 000 work visas have been made avaliable until 2006. In fact, the reforms are working so well and are so popular that the entire political landscape has changed. There are hardly any forces that want to stop change or bring the old times back. The main parties are competing about who wants more reforms. This is a contrast to Europe, where politicians are afraid of even the most necessary reforms. But Australia shows that reforms work, and that the politicians who have courage to act for change are rewarded in due time.