Australia Boom And Gloom: Calls To Spread The Wealth

Perth in Western Australia positively gleams as the autumn sunlight bounces off its skyscrapers and luxury waterfront apartments.

No wonder this city sparkles. Perth is at the heart of Australia's booming economy which has avoided recession for two decades.

Australia is one of just over a dozen countries with the top credit ratings from all three of the leading ratings agencies.

Many in Europe and America can only look on with envy.

It is Western Australia's minerals which have largely helped keep the country afloat. Read More