Prime Minister Julia Gillard has been hit by the glare of a new set of headlines warning that the mining boom that has kept Australia's economy afloat through global crises is about to end.
Although the prediction by leading economic analyst Deloitte Access Economics offsets the gloom by pointing to the continued strength of the economy - a world record 21 years without recession - it says the Government's budget surplus is vanishing.
The forecast follows a long series of others highlighting serious pain outside the big mining states, rising unemployment, mass layoffs and plunging consumer and business confidence.
Gillard's threadbare remnants of credibility have largely been held together by the nation's continued economic resilience, although polls show both that voters believe mining - rather than Government competence - has kept Australia afloat, and that most consider the Opposition to be more skilled economic managers.
The threat of losing the insulation of mining and resource exports will add to concern over rising costs of living and a widening sense of insecurity that has contributed to the consistent record lows recorded by the Government in major opinion polls.