Financial vampires bleed Australia’s productive economy

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By Leith van Onselen

This site has frequently questioned the merits around the explosion of Australia’s financial economy, claiming it has bled the productive economy dry:

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Today, Ross Gittins has joined the fray:

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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.