John Menadue & Greg Dodds | Deja vu as Australia returns from smoko for Asian century

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Despite appearances, Australia’s relationship with its trading bloc remains superficial, making little progress in 20 years of ”discussions”.

In the mid-’90s we went on smoko, even as we continued to dig up more of our ores and coal for export. Today, 48 per cent of our exports are fuel and mineral products, way more than most comparable countries. We are dependent on a few markets and a few exports.

In business, only four Australian companies in the top 150 bothered to put in a submission to the Henry Review. Far too many see Asia as customers rather than partners, when trade and investment is about relationships of trust and understanding.

Read the full article in The National Times here

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