Australia's Economy

The end of the neo-liberal order?
The end of the neo-liberal order?
Did US National Security Advisor Jake Sullivan’s “New Washington Consensus” speech on 27 April signal the end of the neo-liberal order, when free markets had a paramount role in…
Economic diplomacy: Paying for a new security era
Economic diplomacy: Paying for a new security era
Jobplomacy For all the fine words in recent years about integrating the official arms of international relations policymaking in diplomacy, development and defence (the so…
Finding opportunity in Asia’s net-zero transition
Finding opportunity in Asia’s net-zero transition
The Asia-Pacific region is witnessing a surge in climate action, with nearly all countries in the region committing to achieving net-zero emissions, albeit with varying timeframes…
Bond maturity mismatch shows why near zero rates a serious error
Commentary
Bond maturity mismatch shows why near zero rates a serious error
In time, we may come to wonder why the chief architect of the policy that has created the painful imbalances in bank balance sheets – Ben Bernanke – won the Nobel Prize…
The limits on Australia’s submarine industry
The limits on Australia’s submarine industry
Enthusing about Australia’s nuclear-powered submarine project, Prime Minister Anthony Albanese drew an analogy with the creation of an Australian car industry after the Second…
Economic diplomacy: Diversification is hard to do
Economic diplomacy: Diversification is hard to do
Catching up It is now 25 years since then World Bank senior vice-president and chief economist Joseph Stiglitz remarkably turned on his employer to set out a roadmap for …
The rise of financial engineering to hedge against market panic
Commentary
The rise of financial engineering to hedge against market panic
Originally published in The Australian.
Economic diplomacy: Nation building at home and abroad
Economic diplomacy: Nation building at home and abroad
Broader security Australia’s ministers for home affairs and their immigration or border protection predecessors in recent years have tended to be associated with rhetoric about…
Asia skills critical to Australia’s economic future and security
Asia skills critical to Australia’s economic future and security
The Albanese government will hold its Jobs and Skills Summit next week in Canberra amid fierce debate about immigration, skills shortages, real wage growth and an uncertain…
Economic diplomacy: No free lunches for national security
Economic diplomacy: No free lunches for national security
Phones or thrones Here’s an interesting context for considering whether the Australian government struck the right balance in development aid last year by spending more money…