Australia goes completely feral

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Parliament has been shut down by the government:

There you have it. The house has voted to adjourn. Parliament is done for another two weeks, at least.

They’ve won 70-68.

We only just crept past midday.

The house will now be adjourned until 10 September. Labor are yelling abuse at the government.

The media is at each other’s throats:

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Shock jocks are going nuts:

Sydney radio listeners have been subjected to a racial slur after Alan Jones once again dropped the N-word as part of a foul-mouthed rant.

The veteran broadcaster was discussing the leadership rumblings in Canberra when he turned his attention to outgoing finance minister Mathias Cormann. The 77-year-old said the finance minister needed to reveal his hand.

“The n—– in the woodpile here, if one can use that expression – and I’m not going to yield to people who tell us that certain words in the language are forbidden – the person who’s playing hard to get is Mathias Cormann.”

Jones later apologised to listeners.

The Australian dollar keeps falling as we go completely feral:

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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.