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The New Daily
The New Daily
Michael Pascoe

Michael Pascoe: Business isn’t wasting a good crisis while China plays the long game

Business is making the most of the volatility and various crises enveloping Australians, Michael Pascoe writes. Photo: TND

Ampol’s sharply increased refinery profits, the price of bread in Britain, environmentalists making coal miners richer and China selling down its US Treasuries stash – Machiavelli’s advice not to waste a good crisis is being heeded.

They might look like four totally unconnected matters, but all are symptoms of the sort of games that are played and major shifts that can be made under the cover of crisis and volatility.

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