Australian Economy Commodities Featured Article

Without Adani “QLD is finished”

Thursday, 20 August 2015

From the AFR comes some mayoral panic:

Townsville mayor Jenny Hill doesn’t hide the fact she wants Adani’s controversial $16.5 billion Carmichael mine in central Queensland to go ahead.

…”We need the jobs,” she said bluntly. “As long as the project can meet the environmental standards, especially the ones about protecting the reef, the community supports it.”

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About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.