Labor to have a tough senate for tax reform

Wednesday, 1 May 2019

Seven of the cross-bench have banded together to produce a declaration:

Labor can deliver on all of that easy enough, so long as it breaks the east coast gas cartel to prevent utility price shocks as more intermittent energy hits the grid without increased dispatchable gas. Otherwise it will be chaos.

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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.