Qantas and Cochlear are showing that companies are using the coronavirus slowdown to gain the upper hand in the market, Australia should be very wary.
Hearing implant manufacturer Cochlear has become the first cab off the ranks of Australian companies requesting funding to avoid ruin amid the economic downturn.
While Australia faces an investment drought, the government is deterring billions in renewable energy investment because of its climate denialism. The result is more expensive and less reliable power.
Since Joe Hockey dared General Motors to leave in 2013, a fundamental political change has seen Australia re-embrace protectionism, at a far higher cost than the car industry.
While politicians claim they want to support coal miners, the real appeal of coal lies in the tens of billions of dollars in exports it earns every year — and the wealthy interests it funds.
Many predicted years of trouble for the Commonwealth Bank as scandals and regulation engulfed it. Instead it has all proven to be a minor inconvenience as the bank cruises to more success.
The RBA — like the rest of Australia — is trapped by the government's policies of stagnation and surplus-addiction.
Hotel booking site Trivago has been slammed for misleading customers, and the rest of the the cost-per-click industry could soon feel the effects.