The Oceania Times

Top Menu

  • About us
  • Contact Us
  • Cookie Policy
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions

Main Menu

  • Australian Economy
  • Brokers
  • Commodities
  • Currencies
  • Financial Market
  • Gold and Precious Metals
  • Investment
  • Stock Shares
  • About us
  • Contact Us
  • Cookie Policy
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions

logo

The Oceania Times

  • Australian Economy
  • Brokers
  • Commodities
  • Currencies
  • Financial Market
  • Gold and Precious Metals
  • Investment
  • Stock Shares
  • Forget easyJet shares! I’m buying this travel stock instead

  • Exclusive: Southeast Asian tech giant Sea disbands investment arm -sources

  • UK house prices fall by most since 2009, higher rates to bite-Nationwide

  • Greens Leader proposes major decisions to combat inflation

  • Stock market today: Asian shares mostly rise after House approves debt ceiling deal

Australian Economy
Home›Australian Economy›Australia is a small but much-needed presence at Davos

Australia is a small but much-needed presence at Davos

By Megan
May 27, 2022
67
0
Share:

Davos ain’t perfect. And the WEF needs to continue to listen and reform. Reasonable scepticism and critique are totally understandable. Much of this demonstrably fake news is made by for-profit clickbait centres, and all of it is being monetised by the social media giants. It can be used to undermine our democracies, increase tensions between nation-states, raise fear of climate action, and make it harder for businesses to do their job, at a time when we need them to grow the economy and employ people.

The solution to this problem won’t come from some new magical regulation, or new technologies swooping in overnight to save the day. All of the messages at Davos about these fabulous new innovations are that they are certainly coming, but it’s not so soon that we don’t have to take other actions.

For a while in 2020, there was an idea that the world would emerge from its COVID-19 cocoon in some new form of woke, nature-protecting kinder creature. What was left of this wishful thinking was finally flattened as the tanks rumbled into Ukraine.

The only way nations such as Australia will be able to capture the full benefits of a decarbonising global economy, attract the necessary capital investment, and diversify markets away from too much concentration on China will be to engage in forums like this. There can only be global solutions to global problems, just as there are global opportunities. Australia is a trading nation, and geopolitical tensions affect traders more than most.

Yes, Australia is underrepresented here, but it is a loss both ways. As proven by the high-achieving Australians in almost every sector here – corporations, civil society, universities, media – the WEF and the global dialogue stand to benefit from having the views of Australia in the mix.

Another example this week was Julie Inman Grant, Australia’s eSafety Commissioner, which is arguably the world-leading example of a regulatory agency designed to keeping its citizens safer online.

At places like this, the Australian government can make real inroads on its climate agenda, garnering investment and global attention on its energy transition opportunity. And in the other direction, all evidence is that Australia has got a lot to share with the world.

Finally, I have been coming to events like this for 20 years, and a decade of coming to Davos. Brand Australia has always been an incredibly powerful, loved brand, which, to be honest, dimmed a bit in recent years. But the warmth is still very much there, and I have no doubt that an energetic, creative, scientifically progressive Australia will gain a lot from greater international engagement.

Source link

Previous Article

The Most Important Rule for Brokers to ...

Next Article

Cannes Film Festival 2022: ‘Broker,’ ‘Hunt’ Receive ...

0
Shares
  • 0
  • +
  • 0
  • 0
  • 0
  • 0

Megan

Related articles More from author

  • Australian Economy

    Upbeat US economic data weighs on the $A

    February 23, 2023
    By Megan
  • Australian Economy

    Wall Street drifts lower following weaker reports on economy

    April 4, 2023
    By Megan
  • Australian Economy

    Australia’s Grid Is Being Cornered by Its Own Generators

    June 17, 2022
    By Megan
  • Australian Economy

    Business/Robbery, etc. | The Spectator Australia

    October 13, 2022
    By Megan
  • Australian Economy

    The energy superpower opportunity: Can Australia seize the advantage in a net zero world?

    May 1, 2023
    By Megan
  • Australian Economy

    After a $3.5 billion hit, natural disasters to weigh on Australia’s economy

    January 13, 2023
    By Megan

Leave a reply Cancel reply

You may interested

  • Stock Shares

    Sensex Today: Stock Market Live Updates: Sensex rises 100 points, Nifty above 18,300; broader markets outperform; pharma index in the red

  • Australian Economy

    davis cup: Dominic Thiem faces rib injury, hopes to recover soon for Davis Cup

  • Currencies

    INDIA RUPEE Rupee gains in line with Asian FX, runs into resistance at 81.50/USD

  • LATEST REVIEWS

  • TOP REVIEWS

Timeline

  • June 1, 2023

    Forget easyJet shares! I’m buying this travel stock instead

  • June 1, 2023

    Exclusive: Southeast Asian tech giant Sea disbands investment arm -sources

  • June 1, 2023

    UK house prices fall by most since 2009, higher rates to bite-Nationwide

  • June 1, 2023

    Greens Leader proposes major decisions to combat inflation

  • June 1, 2023

    Stock market today: Asian shares mostly rise after House approves debt ceiling deal

Best Reviews

Latest News

Stock Shares

Forget easyJet shares! I’m buying this travel stock instead

Image source: Getty Images easyJet (LSE: EZJ) shares are a popular investment. It seems investors are drawn by the fact that they’re still well below their pre-Covid levels. Now I ...
  • Exclusive: Southeast Asian tech giant Sea disbands investment arm -sources

    By Megan
    June 1, 2023
  • UK house prices fall by most since 2009, higher rates to bite-Nationwide

    By Megan
    June 1, 2023
  • Greens Leader proposes major decisions to combat inflation

    By Megan
    June 1, 2023
  • Stock market today: Asian shares mostly rise after House approves debt ceiling deal

    By Megan
    June 1, 2023
  • Recent

  • Popular

  • Comments

  • Forget easyJet shares! I’m buying this travel stock instead

    By Megan
    June 1, 2023
  • Exclusive: Southeast Asian tech giant Sea disbands investment arm -sources

    By Megan
    June 1, 2023
  • UK house prices fall by most since 2009, higher rates to bite-Nationwide

    By Megan
    June 1, 2023
  • Greens Leader proposes major decisions to combat inflation

    By Megan
    June 1, 2023
  • Forget easyJet shares! I’m buying this travel stock instead

    By Megan
    June 1, 2023
  • Australia’s economy: boom or bust?

    By Megan
    September 9, 2019
  • Australian economy suffers virus symptoms

    By Megan
    February 10, 2020
  • The stage is set for mining-led economic recovery

    By Megan
    December 1, 2020

Trending News

  • Stock Shares

    Forget easyJet shares! I’m buying this travel stock instead

    Image source: Getty Images easyJet (LSE: EZJ) shares are a popular investment. It seems investors are drawn by the fact that they’re still well below their pre-Covid levels. Now I ...
  • Investment

    Exclusive: Southeast Asian tech giant Sea disbands investment arm -sources

    HONG KONG/SINGAPORE, June 1 (Reuters) – Southeast Asian e-commerce and gaming giant Sea Ltd (SE.N) is winding down its investment arm, two people with knowledge of the matter said, amid ...
  • Financial Market

    UK house prices fall by most since 2009, higher rates to bite-Nationwide

    [1/3] Painted houses are seen in London, Britain, March 31, 2023. REUTERS/Toby Melville/File Photo LONDON, June 1 (Reuters) – British house prices fell by the most since 2009 in the ...
  • Australian Economy

    Greens Leader proposes major decisions to combat inflation

    Greens Leader Adam Bandt believes there is an alternative to battling the war on inflation and it could bring “radical changes”. Giving the Reserve Bank of Australia the task of ...
  • Stock Shares

    Stock market today: Asian shares mostly rise after House approves debt ceiling deal

    YURI KAGEYAMA, Associated Press 11 mins ago TOKYO (AP) — Asian benchmarks were mostly higher Thursday after the United States House of Representatives approved a debt ceiling and budget cuts ...
  • About us
  • Contact Us
  • Cookie Policy
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© Copyright The Oceania Times. All rights reserved.

SUBSCRIBE TO OUR NEWSLETTER

Get our latest downloads and information first. Complete the form below to subscribe to our weekly newsletter.