This briefing note assesses trade and US tariffs, including an explanation and learnings for Australia. It seeks to explain the economic basis for tariffs, the apparent motives and impact of the so-called ‘Liberation Day’ tariffs, the benefits of trade, the exposure of the Australian economy to tariff wars, as well as discussing potential responses.

This report aims to help the Australian Government and its defence apparatus negotiate Australia's security environment at a time of great global upheaval. It presents the new realities of the Australian-US alliance, examines how $59 billion p.a. in taxpayers’ money is being spent and concludes with recommendations for a Minister for Defence after the 2025...

This report discusses the potential for the Trump administration to ask Australia to water down the Pharmaceutical Benefits Scheme (PBS). This would result in higher medicine prices. The report argues that policies delivering cheaper medicine for Australians should not be considered trade restrictions.

This policy brief examines the economic impacts of expanded multilateral agreements in Asia. The findings provide evidence-based insights for policymakers to understand the potential benefits from improved trade integration, navigate the complexities of national, regional, and sectoral trade, and to ensure the equitable distribution of its benefits.

This strategy identifies the conditions to develop the sovereign industrial capability needed to deliver, operate and sustain future conventionally-armed, nuclear-powered submarines, while also ensuring Australia's existing Collins class submarines are sustained and upgraded until their eventual withdrawal from service. The strategy sets out five critical lines of effort to boost Australian industry uplift.