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 …
The Australian federal budget shows defence will receive a significant increase in funding over the next decade under the new National Defence Strategy and Integrated Investment Plan. The budget papers, issued on 14 May, include …
Australia is losing its ability to manufacture basic materials, with recent plant closures spelling the end to local production of polyethylene and the industrial gas helium, while the future of Australian nickel refining is in …
Defence will continue to operate within a tight financial straightjacket as it executes the massive redirection demanded by last year’s Defence Strategic Review and the AUKUS program, with cuts to existing projects expected to make …
The vulnerability of Australia’s trade routes to military coercion was highlighted by both last year’s Defence Strategic Update and by government commentary on the rationale for AUKUS. In his critique of ASPI’s new report, The …
If push comes to shove between China and the United States, Australia’s international trade with Asia is at risk of becoming collateral damage. The sea routes through Indonesia and to Asia around the east of …
While China was imposing punitive barriers against Australian exports, its own sales to Australia were rising rapidly, with growth led by motor vehicles, electric machinery and wind towers. China’s annual sales of manufactured goods (excluding …
Indonesia’s success in deploying Chinese capital and innovation to become the dominant force in the global nickel industry has been achieved in the face of concerted opposition from the European Union through the World Trade …
The global institutional architecture designed in the aftermath of World War II to ensure that disaster was never repeated is showing its age. The United Nations, the International Monetary Fund and the World Bank are all …
The grim state of China’s housing market has so far had little effect on the iron ore price because its steel mills are diverting their surplus output onto export markets where they are adding to …
