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Rocky times ahead require a stable federal government

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30.12.2018

Blindsided by a dysfunctional Donald Trump administration, Australia can forget about escaping the madness that has engulfed Washington as it awaits the next unpredictable manoeuvre.

This is the world we find ourselves in, untethered from the sort of American stabilising role we have come to take for granted.

President Donald Trump's rash decision-making has destabilised the world. Credit:Andrew Harnik

If you found 2018 disconcerting, there is no reason to believe things will settle down next year. Indeed, they may get worse as that administration finds itself increasingly under siege.

Multiple investigations into Russian influence on Trump’s presidential election campaign, lawsuits against the President’s associates as far as the eye can see and the prospect of endless Democrat-driven Congressional inquiries into the administration’s conduct mean Washington will remain in a state of high anxiety for the life of this President. Impeachment proceedings can’t be excluded.

At home, the 2019 election campaign is already under way with a beleaguered Prime Minister, Scott Morrison, striving to reverse an electoral tide that is threatening to wash away the Coalition’s foundations.

This month's release of the Mid-Year Economic and Fiscal Outlook (MYEFO) that showed a return to a budgetary surplus in 2019-20 –........

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