In 2008, the Australia government parachuted money into the economy to limit the impact. This time, the government had already flooded consumers with cash due to covid and our problems are secondary to that. It's very different and, in an Australian context, potentially worse. Of course, who knows. Australia has been remarkably resilient for a long time.
As for Peter King, I'm a big fan, but he's been there for 9 years, not 23. Still, undoubtedly a loss to the company.
In 2008, the Australia government parachuted money into the...
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