There is no law against providing lousy financial advice, but there ought to be, and the first person investigated should be the man in charge of Australia’s finances, Wayne Swan.
It’s a long walk from Perth to Paris, but Australia took two more steps on the road to Europe last week thanks to politicians playing personal popularity games.
Everyone loves a bargain. But, there comes a time when cheap is too cheap, as the world is discovering with falling prices destabilising industries, and entire economies.