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The Land of Opportunity Down Under: Australia

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Manage episode 514823452 series 2605485
Content provided by David McWilliams and John Davis. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by David McWilliams and John Davis or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
Cycling through Brisbane in the heat, we've found a country that hasn’t had a recession in nearly half a century; a statistical miracle in modern capitalism. Australia’s economy has grown steadily since the 1980s, powered by the luck of geography and the grit of immigration. Iron ore alone earns more than €100 billion a year, and one in three residents were born abroad, making it the most immigrant-driven economy in the rich world. Its central bank floats the currency to stay competitive, its politicians spend sparingly but smartly, and its cities remain among the most liveable on Earth. Yet beneath the sunshine and swagger lies a tension: record house prices, soaring costs, and a nation riding two horses at once, one facing Washington, the other Beijing.

Hosted on Acast. See acast.com/privacy for more information.

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609 episodes

Artwork
iconShare
 
Manage episode 514823452 series 2605485
Content provided by David McWilliams and John Davis. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by David McWilliams and John Davis or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
Cycling through Brisbane in the heat, we've found a country that hasn’t had a recession in nearly half a century; a statistical miracle in modern capitalism. Australia’s economy has grown steadily since the 1980s, powered by the luck of geography and the grit of immigration. Iron ore alone earns more than €100 billion a year, and one in three residents were born abroad, making it the most immigrant-driven economy in the rich world. Its central bank floats the currency to stay competitive, its politicians spend sparingly but smartly, and its cities remain among the most liveable on Earth. Yet beneath the sunshine and swagger lies a tension: record house prices, soaring costs, and a nation riding two horses at once, one facing Washington, the other Beijing.

Hosted on Acast. See acast.com/privacy for more information.

  continue reading

609 episodes

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