The Ukraine war means that Australia must pay the higher oil prices that restrictions on Russian oil produces, but it also means that we have windfall gains on the high prices coal is commanding.
Will we have then a net benefit? Many economists think so.
Image: Image: Shutterstock – Kendall Anderson
Produced By: Evan Wallace
Featured In Story: Dr Lurion De Mello, Department of Applied Finance at Macquarie University
First aired on The Wire, Tuesday 3 May 2022