China supplies just 2% of America’s steel, while Canada and Europe have sizeable shares and Australian steel producers depend on access to US markets.
- School of Social Sciences, Monash University
You will find no revisionism in this foreign policy white paper; the first foreign policy white paper since 2003 is firmly in the camp of the status quo.
A lot has changed in the global economy since the Federal Budget 2016.
Many of the US’s current and mooted free trade negotiations are now dead in the water, but that doesn’t mean it’s game over for free trade.
A report into the IMF’s handling of the euro crisis carefully avoids blame, while attempting to reclaim influence.
It’s not as easy as increasing quantitative easing when it comes to what central banks can do to address the current global uncertainty.
Behind the sterile debate around the EU referendum is a troubled 40 year relationship.
The experts’ take on Scott Morrison’s first mid-year economic update.
The Trans-Pacific Partnership may not be a done deal, but Australia cannot avoid the realities of the cut-throat business of international capital, trade and investment.
The biggest factor behind the recessionary trend is not the Chinese market, austerity budgets, or even the threat of higher US interest rates this year.
Academic experts respond to the No vote in Greece’s referendum on whether or not to accept a bailout offer from their international creditors.
As Greece wastes time seeking war repatriations to help cover its debts, a better solution would be debt forgiveness - with conditions.
A line-up of former prime ministers stake their rival claims to making Australia great, in a new series by journalist George Megalogenis.
Crisis postponed. On Friday, Greece, the European Union (EU) and the International Monetary Fund (IMF) brokered a four-month extension of bailout loans to the newly-installed government of Alexis Tsipras…
You know Australia’s in trouble when the Reserve Bank cuts interest rates. Last week, the central bank did precisely that, in belated recognition of the income recession that has struck. Gross domestic…
Fact: over 585 regional trade agreements have been signed. Almost 400 are already operating. Australia is a signatory to at least 12 of them. An intricate web of cross-cutting free trade agreements (FTAs…
“Men make history,” Karl Marx wrote in 1859 in his Critique of Political Economy, “but not always in circumstances of their own choosing”. Whitlam himself would have chosen a different year to be his time…
Governments are notorious for missing targets. Look no further than France or Spain’s recent fiscal calumny, despite the European Union’s excessive deficit procedure. Closer to home, the Association of…
The Business 20 (B20) summit typically attracts the global corporate glitterati, as the usual suspects assemble in alpine retreats like Davos; cinema-infused beach towns like Cannes; or sunny Mexican resorts…
Some 400 million eligible voters, 751 seats, 28 countries: a portrait of true democracy at work – unless they held an election and nobody came. Average voter turnout in the weekend’s European Parliament…
The Abbott government has laid out its path to reach a budget surplus near the end of the decade in the face of continued below-trend growth. Stopping short of making deep cuts in the coming years, Treasurer…
With eight months left on his contract, Treasury Secretary Martin Parkinson decided to jump into the GST debate on Wednesday night. In a speech to the Sydney Institute, Parkinson declared the federal budget…
The G20 finance ministers, who have been meeting in Sydney this weekend, say economic grow is still below the rate needed to get people back into jobs. In a statement released at the conclusion of talks…
Toyota has confirmed it will cease its vehicle and engine production in Australia by the end of 2017, signalling the end of automotive manufacturing in Australia. The announcement follows decisions by…
Governments have “run out of money” and the “cashed up” private sector needs to step up investment, Treasurer Joe Hockey said today as he outlined this year’s G20 agenda. “Too many tax payers’ dollars…
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