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Articles by Michael Sainsbury

Iron giants: Gina’s gunning for Twiggy, and it ain’t gonna be pretty

Gina Rinehart is about to start pumping out 55 million tonnes a year of iron ore from her Roy Hill mine. This is very bad news for Fortescue.

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The lies our government is telling refugees about Cambodia

The Australian government has devised a “fact sheet” to tell refugees in Nauru what they could expect from life in Cambodia. But the fact sheet is full of lies.

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Abbott and Bishop have lost their cojones as Asian neighbours run roughshod over rights

Thailand has instituted an insidious new regime of repression. But you won’t hear it mentioned in Canberra …

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How Big Iron’s mistake cost you billions

Grave miscalculations about China’s domestic steel production have landed Australia’s iron ore sector in deep slag.

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Is it time for Twiggy to play his Chinese joker?

The price of iron ore is still falling, with Fortescue Metals Group facing total wipeout. But there may be a way to save the company — look to the East …

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Twiggy’s ‘cartel’ won’t turn Fortescue around — not for all the steel in China

A combination of inaccurate economic forecasting, a demand-side slump, and erratic behaviour from its chairman, Andrew “Twiggy” Forrest, has left iron ore miner Fortescue Metals Group in dire straits.

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Tough love from Singapore’s founding father

The death of Singapore’s Lee Kuan Yew should remind us that much as he gave Malcolm Fraser some excellent tough-love advice, it might be time to return the favour.

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Fortescue’s future uncertain after Twiggy’s failed debt financing

Fortescue Metals Group’s share price is down again — and there is no relief in sight.

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Fortescue Metals moves to rescue falling share price, but too late?

Andrew “Twiggy” Forrest’s Fortescue Metals Group will need to move soon if it’s to avoid serious financial strife caused by the ongoing downturn in the global iron ore market.

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Half the sky: Australia needs to stand up for women’s rights in Asia

China has detained at least seven women’s rights activists in the last few days. This is unacceptable — and Australia must speak up.

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China chokes under both an economic and literal smog

China’s Communist Party faces two challenges this month: how to recover its ailing economy, and how to deal with a controversial new documentary about Chinese air pollution.

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Hepatitis A scandal leaves China FTA up shit creek

Australian businesses, media and government are slowly coming to the realisation that China’s booming economy is not going to be the answer to economic woes Down Under.

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Abbott’s cavalier disdain for foreign policy will cost lives

Don’t believe everything you read — Tony Abbott’s not doing any better overseas than he is here.

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In the Year of the Goat, we must bell the Chinese cat

Despite the optimistic posturing of Australia’s Reserve Bank governor Glenn Stevens, China’s economy is in trouble, and it’s time for Australia to readjust its policies to recognise the looming downturn.

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Could Aung San Suu Kyi become president of Myanmar?

As Myanmar’s ruling government is pushing for regressive legislation amounting to religious apartheid, Opposition Leader Aung San Suu Kyi makes a bold play for democracy.

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India rises, as China comes to rain on Japan’s parade

The global pivot to Asia just became a little more complex. As everyone jostles for a bigger slice of the power pie, the Abbott government is left with some tough decisions to make on Australia’s future relationship with China.

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China’s party men concerned as anti-corruption campaign claims scalps

Xi Jinping’s anti-corruption campaign is opaque, utterly devoid of due process — and hurting big business.

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Yingluck is right, democracy is dead in Thailand

The military junta that controls Thailand is looking every inch a dictatorship.

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China’s economic slowdown is bad — and it’s only going to get worse

Anyone depending on Chinese demand for resources (like, say, Australia) should be very worried about the quickly decelerating growth in the Chinese economy.

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Australia bets it all on India’s coal market

Tony Abbott has appointed Rio Tinto’s CEO to the Australia-India CEO Forum, doubling down on Australia’s commitment to mining coal for Indian consumption. What could possibly go wrong?

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China loses grip on Indian Ocean as economy continues to sink

Last week’s election of Maithripala Sirisena in Sri Lanka is yet another blow to China’s economic prosperity, along with falling commodity prices and competition from regional rivals.

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Move over, China — Abe’s strength is good news for Australia

Stop focusing all your attention on China — a free trade agreement with Japan will be a very big prize for Australia indeed.

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Ice cold: why China (and China alone) decided to release Kalynda Davis

China’s uncharacteristically lenient treatment of alleged drug mule Kalynda Davis is, in some ways, an anomaly and a distraction from the greater ice threat that should unite Australia and China.

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Evolve ore die — the grim future of Australia’s steel industry

The latest trade figures from China are in — and it’s not good used for our beleaguered Treasurer.

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Spotlight on Cambodia as it debates returning 13 Vietnamese asylum seekers

Cambodia’s treatment of 13 recently arrived Vietnamese asylum seekers will make or break Immigration Minister Scott Morrison’s refugee deal.

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