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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.

Imagine if each of us could direct where our taxes were spent. Meet TaxTrack

Oct 24, 2022 17:26 pm UTC| Economy

Ahead of this weeks budget, Treasurer Jim Chalmers says he wants Australians to prepare for a serious conversation about how to pay for the services we need. Weve developed a proposal to make that conversation more...

Digital Currency Revolution

Cryptocurrencies are great for gambling – but lousy at liberating our money from big central banks

Jul 04, 2022 16:27 pm UTC| Digital Currency

The dream that decentralised finance or DeFi can free the monetary system from the clutches of governments and banks has helped launch 20,000 cryptocurrencies. But with 2022 proving to be more of a crypto-nightmare ...

Oil in Global Economy Series

What will the fuel excise cut save you? Not as much as the Treasurer says

Apr 05, 2022 11:52 am UTC| Economy

As an appeal to middle Australia, to the voters politicians routinely describe as working families or battlers, the Morrison governments centrepiece budget move to halve the fuel excise for six months has obvious...

How to camouflage $150 billion in government spending? Call it 'tax expenditure'

Feb 08, 2022 03:38 am UTC| Economy

This financial year the Australian government plans to spend at least A$150 billion on so-called tax expenditures tax concessions or exemptions applying to particular activities or classes of taxpayer. And thats just...

Digital Currency Revolution

What is Bitcoin's fundamental value?

Nov 13, 2021 07:44 am UTC| Digital Currency Investing

As it hits new highs, there is no shortage of bold predictions about Bitcoin reaching US$100,000 or more. Often these are based on not much more than extrapolations by people with vested interests: the price has gone up...

Digital Currency Revolution

Can Bitcoin become a real currency? Here's what's wrong with El Salvador's crypto plan

Jun 14, 2021 04:04 am UTC| Digital Currency Investing

Nayib Bukele, president of El Salvador, has got himself a pair of laser eyes on his Twitter profile at least. Laser eyes are something social media users give themselves to show they love cryptocurrency and Bukele...

The Low and Middle Income Tax Offset has been extended yet again. It delivers help neither when nor where it's needed

May 16, 2021 11:15 am UTC| Investing Law

The Low and Middle Income Tax Offset (known as the LMITO or lamington) has been given yet another new lease of life. What started in 2018 as a stop-gap until broader tax cuts were introduced, was extended because of...

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Economy

Citigroup AI Tools Transform Workflows for 140,000 Employees Across Eight Countries

Citigroup has launched AI tools for 140,000 employees in eight countries, aiming to streamline operations and foster efficiency. The rollout includes Citi Assist and Citi Stylus, which are designed to simplify complex...

Air Canada Unveils New Carry-On Fee Policy Amid Backlash from Ottawa Over Added Passenger Costs

Air Canada will impose carry-on bag fees for basic fare passengers starting Jan. 3, citing rising operational costs. Ottawa criticized the policy, saying it burdens Canadian travelers already grappling with increased...

Powell Signals Fed’s Rate Cut Path May Slow, Citing Economic Strength and Uncertainty

Federal Reserve Chair Jerome Powell on Wednesday emphasized economic strength as a factor in potentially slowing the pace of interest rate cuts, urging flexibility in the Feds strategy ahead of the December...

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...

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...