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John Hawkins1

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.

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...

Negative Rates Series

Central Banking Series

The Reserve Bank could still go negative

Feb 02, 2021 13:10 pm UTC| Economy

Few people expected the Reserve Bank to adjust its cash rate at its first meeting of the year today, and for good reason. It has been saying loudly that it is not expecting to increase the cash rate for at least three...

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Economy

South Korean legislators seeks delay of crypto tax

South Korean parliament is taking steps to suspend a planned 20 percent tax on annual profits from digital asset investments exceeding 2.5 million won for another year. The government planned to begin taxing on Jan. 1,...

Chicago Bulls icon Scottie Pippen extends foray into beverage biz with bourbon barrel-aged tea

Iconic former Chicago Bulls basketball player Scottie Pippen extends his foray into the beverages business with a December 5 launch of his limited-release DIGITS Bourbon Barrel Aged Tea in partnership with Smith...

More Japanese workers now feel that drinking with colleagues is unnecessary

Over 60 percent of Japanese workers surveyed online said they believe drinking with colleagues is unnecessary, as the pandemic reduced reliance on alcohol drinks to deepen relationships. Those who shun meeting up with...

Skyrocketing housing prices force Seoul residents to move to Gyeonggi Province

More people are leaving Seoul to nearby provinces like Gyeonggi and other greater Seoul regions due to the financial difficulties caused by the pandemic, coupled with skyrocketing housing prices. Last year, 402,000...

NFL opens official Roblox store

The National Football League (NFL) has opened a virtual store at Roblox, initially offering official virtual helmets for all 32 teams. The NFL hopes to take advantage of rising consumer demand for digital items that can...

Politics

Donald Trump investigation: Michael Cohen says investigators should 'squeeze' those closest to Allen Weisselberg

Two investigations surrounding twice-impeached former President Donald Trump are based in New York, both of which probe into his assets and businesses. Trumps former fixer, Michael Cohen, revealed which people...

Joe Biden Build Back Better bill: Sen. Amy Klobuchar says social infrastructure bill will pass the Senate

Following the passage of US President Joe Bidens Build Back Better act in the House, it now heads to the Senate for another round of negotiations. Minnesota Democratic Senator Amy Klobuchar expressed confidence that the...

Iran: Nuclear talks resume this week, breakthrough least likely

World powers are returning to Vienna to restart discussions with Iran and its nuclear program. However, there is little hope for any breakthrough coming from this latest effort. The delegations of the world powers will...

Capitol insurrection: Missouri paper calls on Senate to investigate Josh Hawley's possible Jan. 6 involvement

Missouri Republican Senator Josh Hawley became one of the faces of the Capitol insurrection on January 6. As the House Committees investigation is underway, a local news outlet in Missouri is calling for the Senate to...

Science

Pigeons consider safety, food availability in picking where to perch

Pigeons consider safety and food availability in picking where to perch, according to Keio University professor emeritus of animal behavior, Shigeru Watanabe. The finding could help cities manage pigeon...

Half of world's seabirds ingest plastic additives :study

An international team of researchers estimates that about half of the worlds seabirds have ingested plastic additives after studying 145 seafowls of 32 species from 16 areas of the world. Plastic chemicals such as...

Study shows plant-based meat has 'excessive' salt content

A UK-based lobby group found the salt content of plant-based meat products unnecessarily high, with over 75 percent of the products surveyed failing to meet the UK governments salt reduction targets. The researchers...

S. Korean watchdog assures clothing from recycled plastic bottles is safe

The Korea Consumer Agency concluded that clothes made with recycled plastic bottles generally have no safety concerns. The watchdog based its findings on durability and safety tests of five recycled polyester garments...

S. Korean scientists develop hydrogen fuel engines strong enough to power industrial drones

The Korea Institute of Machinery and Materials has developed a 5-kilowatt hydrogen fuel engine that is strong enough to power industrial lift drones with a weight of 20 to 30 kilograms. The engine supplies hydrogen fuel...

Technology

‘Cyberpunk 2077’ is not coming to Xbox Game Pass anytime soon

Xbox Game Pass subscribers hoping to play Cyberpunk 2077 for the first time without paying for it will still have to wait for an indefinite period. On the bright side, CD Projekt seems to be open to the possibility that...

Honor 60 full design and specs leak a day before the official launch

The Honor 60 series is still hours away from getting launched, but its technical specifications and design details have already leaked. The company is expected to reduce the number of rear cameras to three while keeping a...

Realme GT 2 Pro is the brand’s ‘first premium flagship phone’ launching in early 2022

Like other smartphone makers that started by introducing mid-range products at lower price points, Realme is also expanding its business by introducing a premium and flagship device. The company confirmed Realme GT 2 Pro...

Oppo’s first foldable smartphone could be named ‘Find N’

More companies are expected to introduce their take on foldable smartphone technology within the next year, and Oppo is likely to be one of them. More reports emerged recently claiming to have new details about the Oppo...
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