China’s slowdown not a threat to Australia’s growth

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“There will be new markets beyond China and these markets could be even closer to home in South and South-East Asia,” said Warren Hogan, an economic adviser to Judo Bank. He argued that Australia’s economic success was not just about selling coal and iron ore to China, but rather selling those commodities to other steelmakers around the world. The main driver of global growth, according to Mr Hogan, was now moving south towards India and the Mekong Delta, with the slowdown in China’s economy affecting Australia only “at the margin”. Optimist club What is more, Australia had already started to...