Advertisement
AFR Senior correspondent, Aaron Patrick, has slammed former ACCC head Rod Sims for demanding export controls to bring down local energy prices:
Over the past decade, eight non-Western countries have restricted foreign sales of natural gas, oil and similar energy sources, according to the World Trade Organisation: Argentina, Belarus, China, Indonesia, Kazakhstan, Kyrgyz Republic, Mexico and Ukraine…
This happened while, in return for $200 billion in foreign investment, Australia became a liquified natural gas superpower.
The full text of this article is available to MacroBusiness subscribers
Cancel at any time through our billing provider, Stripe
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.
Advertisement