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Mark Crosby

Associate Professor of Economics, Monash University
In October 2016 Mark Crosby joined Monash University as the Director of the Bachelor of International Business degree. Mark was attracted to this role because of the chance to build a truly innovative new degree. A new campus was completed in 2015 to support a fully "flipped" teaching approach, and an emphasis on understanding the Asian region is another key strength of this program. Prior to joining Monash Mark spent most of the previous 15 years at Melbourne Business School, with a brief stint in Singapore in 2011 and 2012. At MBS Mark's roles included Associate Dean (International), Associate Dean (Students) and Director of the School's Executive MBA program.

Prior to joining MBS Mark worked as an academic at the University of Melbourne, the University of New South Wales, and at the University of Toronto, and as a Research Officer at the Australian Treasury in Canberra.

His academic interests are in international macroeconomics, with particular interest in policy issues in the Australian and Asian regions. His published research has covered topics such as the role of exchange rates in affecting macroeconomic fluctuations, the impact of macroeconomic factors on election outcomes, and the properties of business cycles.

Mark has acted as a consultant to the Hong Kong Monetary Authority and to the Monetary Authority of Singapore on a number of projects since 1998, and he has an ongoing Research Fellowship position at the HKMA. He also consults widely to business and government both in Australia and overseas. His most recent consultancies have examined policies for diversifying Brunei's economy, and policy issues related to South Africa's increasing current account deficit.

Mark is also a regular contributor to the Australian Financial Review and The Age newspapers, and he is a sought after public speaker on matters relating to the macroeconomy.

Heading on an overseas holiday? The Australian dollar tumbled this week – but that’s not bad news for everyone

Dec 22, 2024 07:38 am UTC| Insights & Views Life

This week, the value of the Australian dollar fell to 62 US cents, its lowest level since October 2022. The acute cause? A revelation by the United States Federal Reserve that it expected interest rates to bottom out at...

What is an inverted yield curve? Why is it panicking markets?

Aug 19, 2019 01:23 am UTC| Insights & Views Economy

Since President Trump tweeted about imposing new tariffs on China, global equity markets have gone into a tailspin. Trumps more recent announcement that the new tariffs would be delayed has not calmed the markets, with...

On rate-cut Tuesday, here are four reasons why the Reserve Bank shouldn't jump

May 07, 2019 03:08 am UTC| Insights & Views Central Banks

Every first Tuesday of every month but January the Reserve Bank Board meets to decide whether to adjust interest rates. It announces its decision at 2.30 pm eastern time. It ought to be an easy decision. Officially, the...

Economy

Morgan Stanley Warns Against Overestimating EV Demand Boost from Rising Oil Prices

Morgan Stanley is urging caution among investors who believe that surging oil prices will automatically trigger a rapid recovery for South Korean battery manufacturers. While recent headlines have painted an optimistic...

Iran Closes Strait of Hormuz Again After Brief Reopening, Rattling Global Energy Markets

Hopes for a restoration of normal energy shipping through the Strait of Hormuz collapsed within hours on Saturday after Iran reimposed tight restrictions on the vital maritime corridor, just a day after declaring it open....

Uranium Bull Market Gains Momentum Amid Supply Deficits and Geopolitical Tensions

The uranium market is entering a powerful new phase, with structural supply shortfalls and rising energy security concerns driving long-term bullish momentum. A recent special report from BCA Research confirms that the...

Energy Price Spike Won't Trigger Lasting Inflation, Analysts Say

A new report from BCA Research suggests that the recent surge in energy prices, driven by ongoing Middle East tensions, is unlikely to spark a prolonged period of runaway inflation in major global economies. According to...

Australia Extends Fuel Sulphur Relaxation Amid Iran War Supply Disruptions

Australia has extended its temporary easing of fuel-quality standards through September, as ongoing disruptions from the Iran war continue to strain the countrys fuel supply chains. Energy Minister Chris Bowen confirmed...

Politics

Iran's Internal Power Struggle Threatens Strait of Hormuz Stability

Geopolitical tensions in the Middle East have intensified after Irans Islamic Revolutionary Guard Corps (IRGC) overturned a government decision to reopen the Strait of Hormuz, one of the worlds most critical energy...

North Korea Fires Multiple Ballistic Missiles Amid Growing Nuclear Ambitions

North Korea launched several ballistic missiles toward the sea off its eastern coast on Sunday, according to South Korea and Japan, marking Pyongyangs seventh ballistic missile test this year and its fourth in April alone....

North Korea Fires Ballistic Missile Eastward Amid Rising Global Tensions

South Koreas Yonhap news agency reported on Saturday that North Korea launched an unidentified ballistic missile in an easterly direction. Military officials in Seoul are still analyzing the missiles type and flight...

U.S.-Iran Tensions Escalate as Hormuz Crisis Deepens Amid Ceasefire Strains

Fragile ceasefire negotiations between the United States and Iran are facing serious pressure after a dramatic weekend of escalating confrontations in and around the Strait of Hormuz. New reporting from the Wall Street...

Brazil, Spain, and Mexico Unite to Support Cuba Amid U.S. Blockade

During a high-profile international summit held in Barcelona, the leaders of Brazil, Spain, and Mexico came together to announce a strengthened commitment to providing coordinated humanitarian aid to Cuba. The meeting,...

Science

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

Technology

NVIDIA Acquisition Rumors Dismissed by Morgan Stanley as Strategically Flawed

Morgan Stanley analysts have moved to cool speculation that NVIDIA Corporation (NASDAQ: NVDA) is plotting a major acquisition of a U.S. PC original equipment manufacturer (OEM). According to the investment bank, such a...

Iran’s AI memes are reaching people who don’t follow the news – and winning the propaganda war

A Lego-style Iranian military commander raps over a gangster beat: Our inbox is flooded with Americans saying they dont watch the news. They listen to our songs instead since your media is full of shit. This is the opening...

OpenAI's $20 Billion Cerebras Deal Signals Massive AI Infrastructure Push

OpenAI is reportedly set to spend over $20 billion with AI chip startup Cerebras over the next three years, marking a significant expansion of an already substantial computing partnership. According to The Information, the...

Tesla's Terafab: AI Chip Factory Eyes Taiwan's Semiconductor Talent

Tesla is actively recruiting semiconductor engineers in Taiwan for its ambitious Terafab project a fully vertically integrated AI chip manufacturing facility that aims to consolidate logic, memory, packaging, testing, and...

Japan to Subsidize Sony's Image Sensor Plant in Kumamoto with $380 Million

The Japanese government has announced plans to provide Sony with subsidies of up to 60 billion yen, equivalent to approximately $380 million, to support the construction of an image sensor manufacturing facility in...