Malcolm Turnbull’s energy failure turns fatal

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As a PM, if you let your country get eaten alive by rent-seekers’ devouring the fundamentals of your civilisation then you deserve everything that you get.

This is the sad and sorry truth now confronting Australia’s worst ever PM, Malcolm Bligh Turnbull.

The Turnbull Government has been staggeringly slow to recognise the wreckage of the energy sector. It has been coldly callous to the trashing of household income that has resulted. It has failed totally to sustain balance the interests of industry. It has betrayed every principle of protection of the environment along the way.

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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.