Drought to intensify

Monday, 7 October 2019

THE POSITIVE Indian Ocean Dipole (IOD) event, which is a key factor in current dry conditions across Australia, has strengthened to be the most intense event of its kind in almost 20 years.

Earlier in the week the Bureau of Meteorology (BOM) reported that the IOD positive had hit a value of +1.76 degrees, which is the strongest weekly value to be recorded since at least 2001.

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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.