Is a dining boom replacing the mining boom?

Advertisement

By Leith van Onselen

CommSec’s Craig James was at his boosterish best yesterday, declaring that a “dining boom” of agricultural exports was replacing the “mining boom”. From The Australian:

New figures suggest Australian exporters are enjoying the fruits of an Asian ‘dining boom’, replacing the nation’s income diet of a ‘mining boom’…

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:
Cancel at any time through our billing provider, Stripe
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.