Is the Dastayari Affair an Australian Black Swan?

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Yesterday we had two extraordinary political outbursts over China:

Both major parties believe the controversy over Chinese interference in Australian politics will serve them well when Bennelong’s large Chinese-Australian population votes in the weekend’s by-election.

Labor candidate Kristina Keneally opened the final week of campaigning arguing voters in the suburban Sydney electorate are alarmed by the prime minister’s rhetoric on China.

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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.