It has been so long coming, and there have been so many false starts, that most people have missed what looks like the long-awaited fall in the value of the Australian dollar to less than US90 cents, and perhaps below US80 cents.
Having had its influence eroded at this year’s state poll and now their dynamic leader, Brendon Grylls, the Nationals face a tough road to stay competitive.
The Western Australian resources boom of the past decade is well documented; not so widely recognised, however, has been the associated growth in civil infrastructure construction.
One of the downsides of international investment is that people with a different worldview can start influencing the ways things are done in Australia.
Rated as the world’s fourth biggest pool of contestable cash, Australia’s $1.4 trillion superannuation sector was eventually going to struggle to find viable investments for its members, though not many people expected it take a risk with a plunge into publishing.
It might be playing with fire to own a pair of asbestos gloves these days, but Colin Barnett should borrow a pair before finalising a red-hot deal to sell the Kwinana Bulk Terminal to building mate
It will probably take Gina Rinehart a few years to catch Bill Gates in the race to be the world’s richest person, but it is easy to see how she might overhaul the Microsoft founder’s swag of $75 billion.