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Economy

Stimulus Spending Waste

#Stimulus #Economy #Spending With calls for a return to Rudd era direct government stimulus, it is worth looking at the broken window fallacy and asking whether our current housing affordability crisis may be in part to blame on Rudd? Reference Australia’s Uncreative Destruction https://mises.org/library/australias-uncreative-destruction

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ALP (Party) AUSPol Economy Greens (Party) Liberal (Party)

China’s Australian Cyber Attack

#China #Economy #Espionage Claims have been made that China was responsible for a recent cyber attack on the Australian Parliament and major political parties. Naturally, because our economy is so dependant on China our leaders were apparently instructed to not raise this issue in public. References Exclusive: Australia concluded China was behind hack on parliament, […]

Categories
Economy

Oil Prices Spike Amid Threat of War

#Oil #Economy #Conflict Oil prices spike amid threat of war because of a recent drone attack on a Suadi Arabian refinery and oil field. References Oil prices expected to jump more than 10pc following Saudi Arabia attackhttps://www.abc.net.au/news/2019-09-16/oil-prices-expected-to-jump-more-than-10pc-on-saudi-attack/11515350?section=business Iran warns US it’s ‘ready for fully-fledged war’ after drone attack on oil righttps://www.news.com.au/world/middle-east/iran-warns-us-its-ready-for-fullyfledged-war-after-drone-attack-on-oil-rig/news-story/694f6273aa01140c66cb715516475c3b