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John Hawkins1

Senior Lecturer, Canberra School of Politics, Economics and Society, University of Canberra
I have a PhD in political science and Masters degrees in Economics and Applied Finance. I have headed the economics division at the Hong Kong Monetary Authority and been a senior economist with the Reserve Bank of Australia, Bank for International Settlements and Australian Treasury and secretary to the Senate Economics Committee.

Central Banking Series

The Reserve Bank of Australia will now have a separate board just to set interest rates. Here’s why that’s significant

Dec 02, 2024 05:10 am UTC| Central Banks Economy

On Thursday night, after a whirlwind day in Canberra, the Senate finally passed the federal governments long-delayed amendments to the Reserve Bank Act. The reforms will create two separate boards for the Reserve Bank...

Digital Currency Revolution

Will digital currencies become the norm as the world moves towards a cashless society?

Jul 03, 2024 14:19 pm UTC| Insights & Views Digital Currency

More than 90% of the worlds central banks are looking at introducing a central bank digital currency (CBDC), to complement existing banknotes. What is a central bank digital currency? A CBDC is not a new currency. It...

Inflation is slowly falling, while student debt is climbing: 6 graphs that explain today’s CPI

Apr 25, 2024 06:06 am UTC| Insights & Views Economy

Australias inflation rate has fallen for the fifth successive quarter, and its now less than half of what it was back in late 2022. The annual rate peaked at 7.8% in the December quarter of 2022 and is now just 3.6%, in...

Interest rates are expected to drop but trying to out-think the market won’t guarantee getting a good deal

Mar 07, 2024 07:38 am UTC| Insights & Views Economy

With most economists expecting interest rates to start falling later this year, prospective home buyers might be weighing up whether to buy now for fear of strong competition for stock, or waiting until repayments are...

Chalmers changes tack as economic growth sinks to a new post-pandemic low

Mar 06, 2024 22:48 pm UTC| Insights & Views Economy

Wednesdays national accounts show economic activity barely grew during the three months to December, climbing just 0.2%. Thats the lowest growth rate in four quarters, each of which was lower than the one before...

Happy birthday AUD: how our Australian dollar was floated, 40 years ago this week

Dec 04, 2023 12:29 pm UTC| Economy Insights & Views

These days, we take for granted that the value of the Australian dollar fluctuates against other currencies, changing thousands of times a day and at times jumping or falling quite a lot in the space of a week. But for...

Digital Currency Revolution

Sam Bankman-Fried convicted for massive FTX fraud, in stark reminder of risks of crypto trading

Nov 04, 2023 03:41 am UTC| Law Digital Currency

It is not just crypto tokens that have spectacular downfalls. So can crypto personalities. Sam Bankman-Fried founded FTX, one of the worlds largest exchanges for so-called cryptocurrencies, which collapsed last year...

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Economy

Gold Surges as South Korea Martial Law Uproar and Israel-Lebanon Strikes Shake Markets; Powell’s Address Looms

Gold prices climbed on Wednesday as South Koreas martial law crisis and Israel-Lebanon tensions boosted safe-haven demand. Spot gold edged up 0.1% to $2,646.53 per ounce, with traders eyeing Federal Reserve Chair Jerome...

Asia Stocks Reel from South Korea’s Martial Law Reversal and Political Turmoil

Asian stocks tumbled Wednesday, led by South Koreas KOSPI falling over 2%, as President Yoon Suk-Yeols abrupt martial law and its reversal deepened political unrest, unnerving investors across the region. Asian Stocks...

FxWirePro- Economic Events for the day

Time Currency Impact Actual Forecast Previous 8:15am EUR Spanish Services...

Australia's Economy: Steady Growth Amidst Rising Challenges

In the third quarter of 2024, Australias economy grew by0.3%compared to the previous quarter, a slight improvement from the0.2%growth seen in the second quarter. This growth marks the twelfth quarter of economic expansion;...

FxWirePro- Major Economic events for the day

Time (GMT) Currency Event Actual Previous Consensus 7:30 AM CHF CPI...

Politics

What is Donald Trump’s stance on cryptocurrency mining regulations in 2025?

President-elect Donald Trump has articulated a comprehensive approach to cryptocurrency mining regulations set to take effect in 2025. His strategy emphasizes bolstering the domestic crypto industry while implementing...

How will Donald Trump protect Americans’ retirement savings in 2025?

President-elect Donald Trump has unveiled a series of proposals aimed at safeguarding Americans retirement savings in 2025. These initiatives focus on tax reforms, Social Security adjustments, and modifications to...

What are Donald Trump’s plans for community policing programs in 2025?

President-elect Donald Trump has outlined a comprehensive strategy to enhance community policing programs in 2025, emphasizing a law and order approach. This plan includes increased funding for law enforcement, the...

What are Donald Trump’s initiatives for affordable housing in urban areas in 2025?

As housing affordability reaches a critical tipping point in urban centers across the United States, President Donald Trump has unveiled an ambitious set of initiatives aimed at addressing the crisis in 2025. The proposed...

How will Donald Trump address aviation safety concerns in 2025?

As the aviation industry faces increasing scrutiny due to rising safety concerns, President Donald Trump has announced his ambitious plans to address these issues head-on in 2025. Aviation safety has become a significant...

Science

How is Donald Trump prioritizing funding for cancer research in 2025?

President-elect Donald Trump has announced a major initiative to prioritize funding for cancer research in 2025, pledging billions in federal support to combat one of the worlds leading causes of death. The plan includes...

How will Donald Trump address renewable energy research funding in 2025?

President-elect Donald Trump has revealed plans to reshape the U.S. renewable energy landscape in 2025, sparking debates about the administrations commitment to combating climate change. While Trumps previous term focused...

RNA editing is the next frontier in gene therapy – here’s what you need to know

The United States Food and Drug Administration has just approved the first-ever clinical trial that uses CRISPR-Cas13 RNA editing. Its aim is to treat an eye disease called wet age-related macular degeneration that causes...

From using plant rinds to high-tech materials, bike helmets have improved significantly over the past 2 centuries

Imagine its the mid-1800s, and youre riding your high-wheeled, penny-farthing bicycle down a dusty road. Sure, it may have some bumps, but if you lose your balance, youre landing on a relatively soft dirt road. But as the...

Why does everything look flat even though the Earth is round?

Ever since the ancient Greeks first made observations of the circular Moon and the skies, scientists have known that the Earth is a sphere. Weve all seen beautiful images of the Earth from space, some photographed by...

Technology

ChatGPT Ads Could Be OpenAI’s Next Move, but Sam Altman Fears Erosion of User Trust

Facing financial strain, OpenAI is evaluating an ad model for ChatGPT. Sam Altman, however, has voiced concerns, cautioning that such a move could damage user trust and conflict with the companys ethical goals. OpenAIs...

Samsung AR Glasses May Finally Debut at Unpacked 2025 With the Galaxy S25 in Tow

Samsungs AR glasses, delayed for years, might finally debut at Unpacked 2025, launching alongside the Galaxy S25. The collaboration with Google and Qualcomm suggests a bold step forward in mixed-reality...

Samsung and SK Hynix Lead the Charge on LPDDR6-PIM Memory to Smash AI Bottlenecks

Samsung and SK Hynix, giants in the DRAM industry, have partnered to standardize LPDDR6-PIM memory. This groundbreaking effort targets AI bottlenecks and power challenges, paving the way for revolutionary performance gains...

Kia’s EV4 Breaks Cover for 2025: Entry-Level Electric Sedan to Shake Up the Affordable EV Market

Kias EV4 is officially on its way for 2025, promising to disrupt the entry-level EV market with bold design, cutting-edge technology, and starting prices around $30,000. Positioned as part of Kias push for EVs for all, the...

Tesla Scores Big as Longtime Critic Turns Bullish, Boosting Price Target from $85 to $380

Teslas stock received a major boost as Roth MKMs Craig Irwin upgraded his rating from Neutral to Buy, raising the price target to $380. Irwin, a longtime Tesla skeptic, now sees Trump-backed policies and a growing...