Last week the Hague handed down it’s judgement in the dispute between China and the Philippines. It found that China has no legal basis to claim historic rights over most of the South China Sea and it therefore ruled against China.
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Home-town hero warned against favouring South Australia
Defence experts and industry figures say it makes sense for Christopher Pyne to take on a new senior defence industry role in cabinet but warn against Mr Pyne’s using the job to favour his home state of South Australia. Read more
The People Back Beijing
He Xiaoliang is a 23-year-old electrician who lives with his parents in Shanghai. Every night, his family gather around the dinner table and argue about current affairs. But on Tuesday night they were in total agreement. Read more
Lessons in Indonesia’s pushback approach to Sino aggression
China’s behaviour in the South China Sea is beginning to resemble that of the imperialist great powers it once condemned. Its fishing boats are now intruding regularly into Indonesia’s exclusive economic zone around the Natuna Island group at the southern end of the South China Sea, jeopardising relations with Southeast Asia’s largest state and directly challenging the rules based order which Australia supports. Read more
China picks an unlikely fight in its battle for territory in the South China Sea
Less than a week after an Indonesian warship clashed with a fleet of Chinese fishing vessels off the coast of the Natuna Islands, the symbolism was unmistakable.
On Thursday, Indonesian President Joko Widodo presided over a cabinet meeting on the exact same ship, the KRI Imam Bonjol, near where the clash took place, more than 1000km north of his usual political areana in the capital Jakarta. Read more
China accused of being more hostile in South China Sea
Maritime security analysts say the Chinese are using fishing fleets and armed civilian forces to strengthen control in the South China Sea. Beijing and several countries in the region have overlapping claims over islands in the resource-rich area.
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Greens defence policy would leave us exposed in a perilous world
The Greens’ aspiration to become a mainstream political party was underlined last week by leader Richard Di Natale’s foray into defence and foreign policy, an area which is unfamiliar terrain for a party that began life as an environmental protest movement.
The sympathetic Left predictably applauded Di Natale’s sentiments but offered little in the way of supporting arguments for his speech to the Lowy Institute, which challenged many of the established tenets of Australian defence and foreign policy. The Right also failed to seriously engage with Di Natale’s arguments. The Daily Telegraph dismissed his speech as the ramblings of the ‘‘loony Greens’’.
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Investment Innovation Institute Insights: Interview with Alan Dupont
Flocks of Swans
By Wouter Klijn, May 2016, http://www.i3-invest.com/ins-detail/flocks-of-black-swans/
The idea of a Black Swan, as popularised by the investor and philosopher Nassim Nicholas Taleb, refers to a highly improbable, but nevertheless devastating event and when it comes to investing Taleb argued that it is likely we will see more of these events than has been the case in the past.
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Mike Pezzullo, our man at the gates of globalisation
A little remarked consequence of the fact Australia is part of an interconnected world — no longer isolated by geography or tyrannised by distance — is the quantum surge in people and goods crossing our borders.
During the past decade, there has been a 60 per cent rise in international passenger movements and 34 per cent in the number of travel visas issued. Imported sea cargo has increased by 50 per cent and air cargo a staggering 450 per cent, from 6.1 million consignments in 2005-06 to 33.6 million in 2014-15.
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Keynote Address at Investment Strategy Forum 2016
The Investment Innovation Institute convenes educational forums and training workshops to cover investment strategies, policies, risk management and portfolio implementation to a diverse group of investors and asset owners in the Asia Pacific region.
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