Thanks for the links bryce.
As an aussie looking in from the outside, I totally agree with the sentiment of the article. Compared to the current political, economical and social issues in the EU, Australia is relatively trouble free yet, as per the article, "Just when their country has the chance to become influential in the world, they appear introverted and unable to see the big picture". Australia is in a good position to make the most of the resources boom (while it lasts), low unemployment and good growth prospects and terms of trade. The opportunity is there to take some risks with little downside and forge ahead in global standings but from all reports I just can't see the political will there to make the most of it.
It's a bit like the Wallabies last year or the year before, gain the upper hand then rest on their laurels only to see victory taken away at the last breath. Australia is in a bit of a comfort zone at the moment so why not use that advantage to provide better education, housing, infrastructure, backing of the arts & sports for immigrants and future generations to innovate and create. Do nothing and places like the BRIC states will continue marching ahead at the worlds expense. Yes, the US and Japan have been knocked to the canvas but they will rebound and be stronger for their suffering.
I am really looking forward to moving back home next year for a lot of reasons and only hope that the leadership from the top down (political and corporate) get their shit together before the opportunity is lost.