GLOBALIZATION

Robb cautions against losing tariff advantage

roymorgansocial Leave a comment

Original article by Joe Kelly
The Australian – Page: 4 : 19-Feb-25

Former Coalition minister Andrew Robb has weighed into the debate regarding the tariff policies of US President Donald Trump. Robb has used a Sydney University speech to warn that the foundations of the global trading system are facing their "most significant challenge" since the post-World War II era. He notes that the US has traditionally been the strongest advocate of the "three pillars" of globalisation, but these pillars are now under threat. These pillars include the law of comparative advantage, and the former trade minister says Australia must resist "throwing it out the window".

CORPORATES
UNITED STATES. EXECUTIVE OFFICE OF THE PRESIDENT, UNIVERSITY OF SYDNEY

Labor to embrace free-trade agenda

roymorgansocial Leave a comment

Original article by Greg Sheridan
The Australian – Page: 5 : 6-Jul-17

The Australian Labor Party’s foreign affairs spokeswoman Penny Wong will warn against any push toward protectionist trade policies in a Lowy Institute speech on 6 July. Wong will stress Labor’s commitment to open trade and globalisation, arguing that trade barriers are not in the nation’s interests. She will also highlight the importance of Australia’s long-standing alliance with the US and the need to further strengthen the relationship between the two nations. Establishing closer ties with Asia will also be a feature of Labor’s foreign policy.

CORPORATES
AUSTRALIAN LABOR PARTY, LOWY INSTITUTE FOR INTERNATIONAL POLICY

Most Australian voters still wary of globalisation – but we’re slowly becoming more positive

roymorgansocial Leave a comment

Original article by Roy Morgan Research
Market Research Update – Page: Online : 8-Jul-16

A Roy Morgan Single Source survey, which was carried out in the year to March 2016, has found that 55.6 per cent of Australian electors agree with the statement "globalisation brings more problems than it solves". This compares with 59.4 per cent in the year to March 2013. The proportion of Liberal voters who agree with the statement has fallen from 62.4 per cent to 56.6 per cent over the last three years, while the proportion of Labor voters who agree with the statement has fallen from 55.8 per cent to 55.1 per cent. Just 45.9 per cent of Greens voters believe that globalisation brings more problems than it solves, down from 48.6 per cent before the last federal election.

CORPORATES
ROY MORGAN RESEARCH LIMITED, LIBERAL PARTY OF AUSTRALIA, AUSTRALIAN LABOR PARTY, AUSTRALIAN GREENS, NATIONAL PARTY OF AUSTRALIA

Scrap 15pc ownership cap: Funke Kupper

roymorgansocial Leave a comment

Original article by James Eyers
The Australian Financial Review – Page: 17 : 13-Feb-15

ASX Limited has reported a profit rise of 4.7 per cent for the first half of 2014-15. ASX CEO Elmer Funke Kupper said on 12 February 2015 that the stock exchange operator’s ownership cap of 15 per cent is no longer needed and should be removed. He says that globally, stock exchanges are being consolidated and the Australian stock exchange should be allowed to be part of this trend

CORPORATES
ASX LIMITED – ASX ASX, CHI-X AUSTRALIA PTY LTD, AUSTRALIA. FOREIGN INVESTMENT REVIEW BOARD, COUNCIL OF FINANCIAL REGULATORS