Australia’s exports to China have not returned to the peaks before the Chinese authorities started imposing discriminatory bans, but they are higher than five years ago, unlike China’s imports from every other major advanced economy. Although …
Articles by: "David Uren"
Global migration flows have risen to record levels since the pandemic, driven by economic opportunity and conflict, and are facing a widespread policy backlash. A record 6.5 million people made new homes in advanced nations …
Australia risks being caught in no man’s land as the world divides into rival economic blocs in what the International Monetary Fund describes as a new cold war. Trade has been falling everywhere since Russia’s …
China’s Belt and Road Initiative (BRI) for investment abroad has been revamped with a greater focus on risk management and governance, and it is on the cusp of winning important new members. Brazil is expected …
It is intrinsic to warfare that economic assets are destroyed, but conflicts usually don’t generate economic devastation on the scale inflicted in Gaza. The value of economic activity in Gaza in the first quarter of 2024 …
United States presidential candidate Donald Trump sees the continued dominance of the US dollar in international transactions as a matter of national security. ‘If we lost the dollar as the world currency, I think that …
The people of Papua New Guinea have derived no measurable benefit from the resource boom, unlike the populations of all other resource-rich nations. A World Bank study shows that while the PNG economy achieved rapid, …
Australia’s 20-year-long economic party, funded by China, may be drawing to a close, with consequences for federal and state budgets, superannuation returns and living standards generally. The iron ore price is the most obvious pointer …
Have depressed rare earths prices been engineered by the Chinese state to snuff out non-Chinese rivals before they get going? Or do they simply reflect a weak market, with demand rising more slowly than was …
Treasury has stepped up enforcement of Australia’s foreign investment regime, however it continues to try to balance protecting national interests and encouraging investment inflows. Data suggests some foreign investors, noting national security provisions in the …
Australia’s exports to the nations that supported it during China’s three-year campaign of economic punishment are tumbling, as China reasserts its position as Australia’s dominant export market. Exports to Japan have dropped by a third …
Risks to the future of the Whyalla steel mill should be prompting the federal government to develop contingency plans to ensure Australia’s continued capacity to manufacture basic steel products. The Whyalla mill is Australia’s only …