Tag Archives: Joe Hockey

Evolve ore die — the grim future of Australia’s steel industry

Michael Sainsbury The latest trade figures from China are in — and it’s not good used for our beleaguered Treasurer. As he prepares to release the Mid-Year Economic and Fiscal Outlook, Australian Treasurer Joe Hockey — May budget still not passed — could not have had worse news yesterday. He might, in fact, have felt queasy. China’s latest trade figures laid

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There’s only one agreement that matters at APEC — and it’s not with China

  Michael Sainsbury Australia is spruiking its forthcoming free trade agreement with China, but with China’s economy slowing, the FTA won’t make much difference. Trade Minister Andrew Robb, who along with Prime Minister Tony Abbott is in Beijing for the Asia-Pacific Economic Co-operation summit, was everywhere yesterday talking up the prospect of a free trade

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China’s political fox hunt calls for some shirt-front diplomacy

Michael Sainsbury Instead of quietly bowing to pressure from the Chinese Communist Party to help net fugitive Chinese officials, the Abbott government should be leveraging the opportunity to agitate for the release of Australians questionably imprisoned in China. The Abbott government continues to be in a quandary about how to deal with China. Last week,

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“China resources boom is over” says PM Rudd: Australia’s economic overhaul an election issue

Michael Sainsbury Look out below folks. Coming hot on the heels of the alarming bank credit freeze of the past two weeks, a string of poor economic data from China has been topped off by the news that manufacturing is contracting or, at the very least, flatlining. The official purchasing managers’ index (PMI) for June

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