The Australian energy sector has pulled off another political coup.
Not only has it dodged regulation, but it has also rolled the Albanese Government into allowing it to apply sky-high prices across the economy.
A major revolt is building within the Government, unions, and energy users as the Resources Minister has disappeared, apparently kidnapped by the cartels.
What are the solutions and the economic/market outcomes?
In this week’s podcast, we look at the latest crazy episode of Big Mining rorting Australia.
Agenda: The Great Energy Heist
- A potted history of Australian energy cartels
- Ukraine War and prices
- The new ADGSM and Labor revolt
- The kidnapping of Madeleine King
- What are the answers?
- Investment implications
Can’t make it to the live series? Catch up on the content via Podcasts or our recorded Videos.
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Samuel Kerr is a Senior Financial Adviser at the MacroBusiness Fund, which is powered by Nucleus Wealth.
The information on this blog contains general information and does not take into account your personal objectives, financial situation or needs. Past performance is not an indication of future performance. Samuel Kerr is an Authorised Representative of Nucleus Advice Pty Limited, Australian Financial Services Licensee 515796. And Nucleus Wealth is a Corporate Authorised Representative of Nucleus Advice Pty Ltd.