From This Author
Motorists may be cheering the slump in the price for crude oil, which has fallen in price by nearly 20 percent over the past few weeks. However, an economist warns this may be a cautionary sign that the world’s economy is about to slow down drastically as a result of trade tensions.
Bob Hawke was a Prime Minister of Australia who won four consecutive elections and ushered in a decade of economic and social reform. UNSW Business School's Tim Harcourt reflects on Hawke's life, and the times they crossed paths.
US shares have hit an all-time high, marking the stock market's complete recovery from a nosedive at the end of last year amid fears of a global recession, an escalating trade war between the US and China, and concerns that raising interest rates could slam the brakes on tentative green shoots of economic growth.
Earlier this year, during the Prince Phillip knighthood debacle (dubbed #knightmare by Twitter), we speculated how Tony Abbott could make Malcolm Turnbull his treasurer, in place of the hapless Joe Hockey, and thereby save his prime ministership.
When the politics of the Chinese Australia Free Trade Agreement (ChAFTA) hit fever pitch last week I was in China, teaching MBA students and talking with companies, both Australian and Chinese, about the stock market, the exchange rate and the ChAFTA.