Securing Australia’s economic future amidst global uncertainty

Friday, 30 July 2021

A significant funding boost for Australian researchers will help secure the nation’s economic future, regardless of the uncertain relations between global powerhouses China and the United States.

Street scape in China with screens projecting stock market

Economic warfare between China and the US poses a significant economic and security threat for Australia and the region. To combat this, a research team led by Professor Lisa Toohey is examining how trade wars play out for Australian businesses, and the formulation of legal and policy responses.

Australia and Weaponised Trade: Threats and Responses is a two-year project funded by the Australian Department of Defence under its Strategic Policy Grants Program. With a global increase in the use of trade as an instrument of national security, the project aims to identify how best safeguard Australia’s interests, maintain global peace, and avoid unnecessary harm to Australian industry.

The research team includes collaborators Associate Professor Markus Wagner from the University of Wollongong and Associate Professor Elizabeth Thurbon from UNSW.

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The University of Newcastle acknowledges the traditional custodians of the lands within our footprint areas: Awabakal, Darkinjung, Biripai, Worimi, Wonnarua, and Eora Nations. We also pay respect to the wisdom of our Elders past and present.