Australia’s two-speed economy

By Joanne Black, Jonathan Milne In Commentary

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The warmth, the scenery and the beaches were as enticing as Danny McKeown had expected when he arrived in the Queensland coastal resort of Hervey Bay in late March. What he had not banked on was the unemployment. “Hervey Bay is a beautiful, idyllic, swim-with-the-dolphins type of place,” he says now, back home in Wellington after more than four months’ fruitless search for a job in Queensland. “But every town on the coast from Brisbane to Cairns is struggling because they depend on tourism and, in the current economic climate, Australians are not travelling domestically, and nor ...

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