Yesterday the AFR praised Australia’s real estate Treasurer:
Scott Morrison has done what his two immediate predecessors failed to do. In what may be remembered as an important early speech in his tenure as Treasurer, Mr Morrison on Thursday outlined in some detail the huge risks to the Chinese economy.
Rather than trot-out the standard lines about slowing Chinese growth and how this will benefit Australia in the long term, the Treasurer weighed into the fractious debate over China’s debt levels and its lack of a reform agenda.