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Boom and Bust

The rise and fall of the mining industry, greed and the impact on everyday Australians
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Book Hero Magic crafted this summary to help describe this book. While it's new and still learning, it may not be perfect - your feedback is welcome! Summary
Boom and Bust by Royce Kurmelovs is a cautionary tale about greed, irresponsibility, and the failure to learn from history. It explores Australia's mining boom, a remarkable 25-year stretch of economic growth that helped the nation avoid the worst of the Global Financial Crisis. Yet, when the boom ended, its effects rippled through the country. The book focuses on the real human stories behind the economic headlines β€” those who gained vast wealth only to lose it, and workers who thought their jobs were secure but were left vulnerable. Kurmelovs offers a gritty, ground-level perspective on the lingering impact of this pivotal economic event across towns and cities nationwide.
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Format: Paperback / softback
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Book Hero Magic created this recommendation. While it's new and still learning, it may not be perfect - your feedback is welcome! IS THIS YOUR NEXT READ?

This book is essential reading for Australians interested in economics, social change, and the human impact of economic downturns. It will also appeal to those seeking insight into how wealth and job security can be fragile in the face of boom-and-bust cycles.

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The bestselling author of THE DEATH OF HOLDEN turns his attention to another important Australian business: mining. BOOM AND BUST is a dirt-under-the-nails look at the people who lived through the best of the mining boom, and how they are dealing with the evaporation of jobs and wealth.

Book Hero Magic formatted this description to make it easier to read. While it's new and still learning, it may not be perfect - your feedback is welcome! Description

This is a cautionary tale. About greed, irresponsibility and failing to learn from the past.

Australia's mining boom is still talked about with a sense of awe. This once-in-a-lifetime event capped off 25 straight years of economic growth. Thanks to mining, we sidestepped the worst of the Global Financial Crisis. To the rest of the world, Australia was an economic miracle. And then the boom ended.

Now Australia is grappling with what that means at a time of rising economic inequality and political upheaval. The end of the boom isn't about moneyβ€”it's about people. Boom and Bust looks at what happens to those who came into vast wealth only to watch it dry up. To those who thought they had a good job for life, but didn't. The bust didn't just happen on stock-market screensβ€”it was lived, and is still being lived right now, in dusty towns and cities all around the country.

As he did in his bestselling book The Death of Holden, Royce Kurmelovs reveals the reality behind the headlines. Boom and Bust is a dirt-under-the-nails look at the winners, the losers, and the impact of the boom that wasn't meant to end. This is a book all Australians should read.

'Brilliant and powerful' Nick Xenophon on Royce Kurmelovs' The Death of Holden

Book Details

INFORMATION

ISBN: 9780733638725

Publisher: Hachette Australia

Format: Paperback / softback

Date Published: 28 August 2018

Country: Australia

Imprint: Hachette Australia

Audience: General / adult

DIMENSIONS

Spine width: 24.0mm

Width: 154.0mm

Height: 232.0mm

Weight: 390g

Pages: 304

About the Author

Royce Kurmelovs is a journalist and writer whose work has been published by the ABC, CNN, BBC, Al Jazeera English, VICE, The Guardian and other publications. Royce's bestselling first book, The Death of Holden, was published in 2016 and his critically acclaimed second book, Rogue Nation, was published in 2017. Boom and Bust is his third book.

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