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In a minor miracle, a southern heat wave has pushed the gas price below Albo’s disastrous $12Gj price floor:
Electricity prices are slowly falling:
Joseph Stiglitz is on the Australian humiliation tour as he smashes the gas cartel:
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What is so weird about it is how obvious it all is!
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.