Tony Shepherd: Aussie economy lacks diversity

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By Leith van Onselen

Last week it was Soul Patterson’s CEO, Todd Barlow. Today, former Business Council of Australia president, Tony Shepherd, has warned that the Australian economy lacks diversity and is too reliant on resource exports. From The Australian:

Mr Shepherd argued that a key risk to Australia’s prosperity was its economic vulnerability.

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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.