3 ms·
"Australia", understood as a nationwide polity attending to its aggregate interests, barely exists. The part of it that decides what happens to resources (ie. t
by aussiesnack 4y ago
"Australia", understood as a nationwide polity attending to its aggregate interests, barely exists. The part of it that decides what happens to resources (ie. the resource owners and client governments) doesn't give a crap about value-adding, because it can make scads of cash from exports without having to deal with much in the way of messy labour relationships, etc.
There are some signs of change however. The resource industry is currently looked at with more suspicion than I've seen here before. Time will tell.