Australia’s lucky again but that comes at a price, Macquarie CEO warns
Shemara Wikramanayake says the nation is once again well-positioned to weather shocks from overseas. However, there is a trade-off for that good fortune.
Australian companies have got it good. The United States is creating huge global change with its trade and national security policies, turning decades of economic and market convention on its head.
But we’re the lucky country, and like during most financial crises of the past 30 years, we’re on the other side of the world muddling along and relatively sheltered.
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Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com
