President-elect Donald Trump is right: The Trans-Pacific Partnership (TPP) is a damaging deal and deserves to be killed off. But he tells a half truth about why the trade accord among a dozen Pacific Rim nations is a bad deal. In Trump’s view, trade agreements like NAFTA have allowed developing countries to “steal” American manufacturing...

The rise of China as a global economic powerhouse has been well documented. Perhaps less well known has been the emergence of China’s currency, the Renminbi (RMB), as one of the world’s truly global currencies. Use of the Renminbi was limited even ten years ago. In 2009, China launched a pilot program for cross-border settlement...

Brexit has highlighted the political ground-swell against globalization, immigration and the neoliberal economic agenda. These controversies were low-profile issues in Australia's so-far inconclusive July 2 general election, but they may be a factor in the success already of a surprising number of independent candidates, especially in the Senate, or Upper House, of Australian parliament.

Britain’s decision to leave the European Union has opened a fundamental crack in the western world. Australia’s relationship with the United Kingdom is grounded in the UK’s relationship with the EU. Given Australia’s strong and enduring ties with the UK and the EU, the shockwaves from this epoch-defining event will be felt in Australia soon...

Trade and investment create job opportunities for Australians. More than 450,000 jobs have been created since the Coalition came to government. We delivered break-through free trade agreements with China, Japan and South Korea and upgraded our free trade agreement with Singapore. These free trade agreements are delivering thousands of jobs and growth opportunities for Australian...