China keeps building infrastructure in other countries that is needed by those other countries. Surely this is sinister. But all is not lost. As Joe Biden wonders if cannibals may have eaten his uncle Ambrose during World War II, Washington discovers remarkable new instruments in its geopolitical tool kit. American local and geopolitical behaviour today Continue reading »
Economy
Released last week, the Australian government’s Future Gas Strategy states that “our trade partners […] are relying on Australian gas to transition their economies to net zero”, but falling demand and over-contracting from Japan, our largest LNG export customer, raise questions over this claim. Japan has on several occasions stressed the importance of Australian LNG for its energy security. Continue reading »
Imagine you have been asked by the Australian government to draft its new population policy. You first ask to see the old policy but are told there isn’t one: immigration policy has been the de-facto population policy for as long as anyone can remember. You start to make a list of relevant issues. First, you Continue reading »
Liu Bin, chief expert of China Automotive Technology & Research Centre (CATARC), explained that raising the temporary tariff rate on imported cars with large engines can further accelerate the green transition in China’s auto industry; and an article analysing the Biden Administration’s Section 301 Tariffs on China by a think tank affiliated with China’s Ministry Continue reading »
Russian weakness has enabled China to emerge as Eurasia’s dominant power. But it also limits the partnership of the two. Visits by heads of state to each other are cloaked in symbolism. But insensitivity to cultural or historical nuances can see the best of intentions go awry. In March 2013, when Xi Jinping made his Continue reading »
We are confronting a deep structural crisis in our society. We have confused the idea of democracy with the institutions of political parties and representative democracies. The major parties have become structures representing economic and security elites to which only second rate personalities flock, incapable of navigating the huge challenges we face globally. Meanwhile, the Continue reading »
Tranche 2 Anti Money Laundering and Counter Terror Financing Laws Protect Us All. In 1988, I was a trainee detective with the Australian Federal Police working in Sydney, when Australia passed the Cash Transaction Reports Act 1988 (later renamed the Financial Transaction Reports Act). This was the beginning of the introduction of Australia’s Anti-Money Laundering Continue reading »
Those who curb real trade and expand financial sanctions don’t seem to understand the likeliness of a destructive outcome for all. The West is wrecking the foundations of its prosperity. The United States has struck another blow at free trade. This week, US President Joe Biden announced wide-ranging tariff increases, including to 100 per cent Continue reading »
Relations between great powers and their neighbouring regions are often fraught. The cases of the United States and Latin America, or the European Union and North Africa, come to mind. For instance, tensions related to immigration from Latin America and North Africa, has led to the rise of right wing populism in the United States Continue reading »
The increasing number of Grandparents paying private school fees has enabled elite schools to evade Commonwealth parent income tests determining the rate of taxpayer funding that goes to society’s most wealthy and least in need students. Some private schools have acknowledged that many grandparents pay school fees. In effect, this is an admission that they Continue reading »