Resilience and Australia’s trading system

As Australia seeks to diversify its economy, build more resilience into supply chains and improve productivity, reducing the transaction costs of both exporting and importing must be high on all governments’ policy agendas.

Meet Michele Bullock

Australia’s next Reserve Bank governor, Michele Bullock – the first woman in the job – will take office in September at a time when much of the bank’s work in fighting inflation will be done and its focus will be on changing the way it operates.

Australia in the global economy

Remaining open to international trade will help Australia mitigate the looming threat of recession and reboot economic growth.

Standing together

If a country and economy like Australia can remain steady in the face of Beijing’s attempts to weaponise trade, and can stand alongside partners who are doing the same, Beijing will have a shrinking strategic space in which to play its coercive trade games.

The blue needs green

Blending finances, tailored instruments, and collaboration among various stakeholders can drive the growth of the blue economy and ensure a sustainable and prosperous future for both people and the planet.

Standing together against economic coercion

Trusted supply-chains offer countries like Australia trade resilience and protection against economic coercion and Australia can trust its allies and partners when it comes to combating Chinese trade sanctions and economic coercion.

A more resilient food supply

Australian agriculture is efficient, safe, and reliable and can play a large role in meeting growing demand in international markets.

How economic allies helped Australia evade China’s blockade

China’s campaign of economic coercion against Australia failed because of support from other Asian trading partners who turned to Australia to secure their energy supplies.

Australia’s National Reconstruction Fund

Australia’s federal parliament has approved a A$15 billion National Reconstruction Fund to revitalise the nation’s dwindling manufacturing sector, so here are 3 ways to ensure it works.

Friendshoring

Greater organisation for the protection of critical minerals industries from economic coercion is on the agenda for major nations, with China’s actions providing a catalyst. A key platform for the agenda will be May’s G7 summit in Hiroshima.

Boosting productivity

Reforms to revitalise Australian productivity will be opposed by vested interests which benefit by exploiting economic inefficiencies for their own gain.

Six faces of globalisation

A new book, “Six Faces of Globalization”, discusses international trade, transnational corporations, great power competition, inequality and environmental issues in these dangerous, polorised times.