EconWatch.com > Club Troppo » How resilient is the Australian Economy
[Club Troppo] By increasing Australian saving and by channeling it overwhelmingly into professionally managed, relatively high return portfolios of assets (including a substantial portion of offshore investments) this policy has also made us less reliant on foreign capital, something which will stand us in good stead should foreign investors become less favourably disposed to Australia in the future.
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[Comments for Larvatus Prodeo] Banana wars at Larvatus Prodeo: Brian can I remind you that we have a free trade agreement with NZ and that in support of Wozza, the scientific basis for excluding kiwi apples/pears has been so weak that the case is now before the World Trade Organisation’s legal people for a judicial ruling. These things take time and NZ has been very patient, but I’d put money on a win for the imports eventually, no recourse to emotion needed, just an appreciation of the science.
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