FROM THE CAPITAL

The benefits of the US-Australia pact are greatly exaggerated

US President Joe Biden has more or less agreed that his country’s critical minerals policies are having an insidiously distorting effect on the free flow of global capital.

John Robertson*
The benefits of the US-Australia pact are greatly exaggerated

Australia has always relied heavily on foreign companies taking a bet on the value of its resource endowment. Although less visible today, US corporations helped found some of Australia's most iconic...

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