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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

China vs U.S. AI Race Shifts Toward Robotics and Manufacturing Power in 2026

The global competition for artificial intelligence dominance is no longer driven solely by computing power and advanced chips. A new Alpine Macro report released on May 12, 2026, argues that industrial scale, manufacturing...

Sterling Slides as UK Political Uncertainty Sparks Market Volatility

The British pound came under heavy selling pressure on Thursday after rising political uncertainty in the United Kingdom triggered a sharp increase in forex market volatility. Investors reacted swiftly to reports...

Fed Rate Hike Fears Return as Inflation Risks Reshape Global Market Sentiment

Institutional investors are becoming increasingly worried about rising inflation risks in the United States, while concerns over slowing economic growth continue to fade. A new Bank of America global FX and Rates Sentiment...

Samsung Strike Talks Resume as South Korea Weighs Emergency Action

South Korea is considering all available measures, including emergency arbitration, to prevent a potential labor strike at Samsung Electronics, according to Prime Minister Kim Min-seok. The government is aiming to minimize...

Australia Capital Gains Tax Reform Sparks Housing Market Debate

Australian Treasurer Jim Chalmers has strongly defended the federal governments proposed overhaul of capital gains tax laws, arguing that major reform is necessary to address Australias worsening housing affordability...

Politics

Russia Downs Hundreds of Ukrainian Drones in Largest Moscow Attack in Over a Year

Russia reported one of the largest Ukrainian drone attacks on Moscow and surrounding regions in more than a year, leaving at least four people dead and several others injured. The large-scale overnight assault targeted...

Colombia Election Violence: Two Campaign Workers for Abelardo De La Espriella Killed Ahead of Presidential Vote

Political violence in Colombia has intensified after two campaign workers supporting right-wing presidential candidate Abelardo De La Espriella were killed just weeks before the countrys 2026 presidential election. The...

Alex Saab Deported to U.S. as Maduro Investigation Deepens

Venezuelan official Alex Saab, a close ally of former President Nicolas Maduro, has reportedly been deported to the United States, according to Venezuelas migration agency SAIME. The move marks another major development in...

Taiwan Says U.S. Arms Sales Remain Key to Regional Stability

Taiwan reaffirmed on Saturday that U.S. arms sales remain vital to maintaining peace and stability in the Asia-Pacific region after President Donald Trump said he had not yet decided whether to approve a new weapons...

Amazon Faces Class-Action Lawsuit Over Trump Tariff Price Hikes

Amazon.com Inc. (NASDAQ: AMZN) is facing a proposed class-action lawsuit after consumers accused the company of inflating product prices due to tariffs later ruled unlawful by the U.S. Supreme Court. The case, filed in...

Science

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

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...

Technology

Samsung Union Talks Enter Final Stage as Strike Threat Looms

Samsung Electronics and its largest labor union are set to resume critical wage negotiations on Monday as both sides race to prevent a major strike that could disrupt South Koreas economy and global semiconductor supply...

SpaceX Shareholders Approve 5-for-1 Stock Split Ahead of Potential IPO

A majority of SpaceX shareholders have reportedly approved a 5-for-1 stock split proposed by the companys board, according to a Bloomberg News report published Friday. The decision comes as interest continues to grow...

FTC Antitrust Probe Targets Arm Holdings Over Chip Licensing Practices

Arm Holdings Plc (NASDAQ: ARM) is reportedly under formal investigation by the U.S. Federal Trade Commission (FTC) over concerns tied to its semiconductor licensing business, according to Bloomberg. The probe marks a...

Applied Materials Forecasts Strong Q3 Revenue as AI Chip Demand Accelerates

Applied Materials posted record fiscal second-quarter revenue on Thursday and issued a stronger-than-expected forecast for the third quarter, fueled by rising global investment in artificial intelligence infrastructure and...

Anthropic Nears $30 Billion Funding Round at $900 Billion Valuation

AI startup Anthropic is reportedly close to securing a massive $30 billion fundraising deal that would value the company at approximately $900 billion, according to a Financial Times report published Friday. The new...