Australia's Economy

The Costs of COVID: Australia's Economic Prospects in a Wounded World
Analyses
The Costs of COVID: Australia's Economic Prospects in a Wounded World
Despite a COVID-constrained global economy, rising unemployment and high government debt, meeting the fiscal challenge is within Australia's means
Australia doesn’t need to choose between guns and butter
Australia doesn’t need to choose between guns and butter
The Morrison government’s plan for defence spending outlined in the Defence Strategic Update last month has been incorporated into the Canberra consensus, with Labor offering no…
Economic diplomacy: A call to syringes, not arms
Economic diplomacy: A call to syringes, not arms
Going out or staying in With Australia experiencing its first recession in a generation, potential differences are emerging over whether future prosperity will come from more…
Economic diplomacy: Post-Covid trade, from decoupling to wet markets
Economic diplomacy: Post-Covid trade, from decoupling to wet markets
Multilateralism lives With European leaders having just spent five days in close-contact negotiations in Brussels and now Australia’s first offshore ministerial visit for almost…
Modern Monetary Theory and mainstream economics converging
Commentary
Modern Monetary Theory and mainstream economics converging
Stephen Grenville gives a detailed account in the Eureka Report on Modern Monetary Theory (MMT), which after a decade on on the periphery of economic discussion, has…
Economic diplomacy: Diversification dilemmas
Economic diplomacy: Diversification dilemmas
Costing the D word Diversification might be the word of the moment in the lexicon of Australian trade debate, even though few advocates make much attempt to explain how it will…
Emerging From COVID: Policy Responses To The Pandemic
Interactives
Emerging From COVID: Policy Responses To The Pandemic
In this new feature, Lowy Institute experts provide policy recommendations for Australia to address issues that are critical to our nation’s — and the world’s —…
Emerging from COVID: Policy Responses to the Pandemic
Policy Briefs
Emerging from COVID: Policy Responses to the Pandemic
Lowy Institute experts provide policy recommendations for Australia to address issues that are critical to our nation's — and the world's — successful emergence from the pandemic.
The World After COVID
Analyses
The World After COVID
How will the COVID-19 pandemic change the world? Lowy Institute experts provide their analysis.