Its not a matter of support or opposition; but more what is more likely than not to happen.
If you are an investor, then its futile to barrack for one side or the other but rather to assess the opportunities and risks.
In the longer term, China is the big importer of minerals and energy and this war has simply skewed the global market for both.
I am more concerned about our trade relationship with China than that of Russia specifically or the BRICS generally.
We have publicly stated that China in our #1 enemy when our economy is over 30% dependant on China Trade.
2 weeks before the War, Xi & Putin made a pact focused on Trade because both knew that NATO led by the USA would impose crippling economic sanctions on Russia.
We peed the China bed when we : -banned Huawei from our NBN -Obliquely accused China of spreading Covid -Outlawed Aus and/or our States from Joining China's BRI
The bottom line here is that China will now source as much minerals and energy from Russia & other BRICS and over time leave us like a shag on a rock.
While the US way very well defend us against future China aggression, it wont take our of millions f tons on IO, coal, grain,LNG etc: in fact the USA is our global competitor in most of our resource, energy and food exports.
For these reasons, Aus should be acting as a peace broker for this war because the sooner it is settled, the less damage will be done to our China trade, IMo because without China trade, we are bankrupt .
