General
Opening up — not shuttering — markets will drive Australia’s post-COVID 19 recovery
Opening up — not shuttering — markets will drive Australia’s post-COVID 19 recovery. Despite this, many still doubt the merits of globalisation.
Globalisation sceptics have been emboldened by the pandemic. They claim it has exposed the overreliance of the Australian economy on foreign markets, and instead demand adopting a ‘Fortress Australia’ mindset.
Trade scepticism is historically and economically ignorant. Australia is a trade-dependent economy that has been enriched by open markets with our neighbours. Withdrawing from globalisation will impoverish us.
We’ve been here before. There’s some parallel between today’s vaccine nationalism — and stockpiling of medical supplies — and World War II’s onshoring…
-
Noosa News20 hours agoTranslink data shows buses are late more often as Queensland approaches one year of 50¢ fares
-
Noosa News21 hours agoTerminal evacuated at Brisbane Airport, significant delays expected
-
Noosa News23 hours agoMan shot by police in Townsville charged with assault and drug offences
-
Noosa News21 hours agoFears Vitamin B6 levels in energy drinks like Red Bull and Monster could contribute to rise in B6 toxicity cases