Conflicted Xenophon slams “free trade fundamentalism”

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By Leith van Onselen

Nick Xenophon has hit out at the Coalition’s “free trade fundamentalism”, which he claims has sacrificed the manufacturing sector and caused angst in the community. From The Guardian:

“[The] fact is our trade deficit has gone up, our current account deficit has continued to increase, we are lousy negotiators, we have not negotiated in the context of an industry policy,” he said.

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.