In 2020, Australia experienced the most significant outflow of US direct investment in 15 years according to a new report by USSC Trade and Investment Program Director Stephen Kirchner. His research reveals that US investment in Australia recorded its third consecutive year of decline with Australia accumulating nearly A$150 billion of losses in US investment as it falls short in attracting US capital compared to peer economies.

New analysis by USSC research associate Victoria Cooper looks at the key appointees in the Biden administration and their significance for Australia. The publication provides insights into what Australians can expect from the Biden team in the next hundred days and the 1,260 thereafter.

Australians believe “dealing with climate change” is a more important foreign policy goal than Americans, according to recent polling by the USSC. Eighty per cent of Australian survey respondents said “dealing with climate change” was either a “very important” or “fairly important” foreign policy goal, compared to 68 per cent of American respondents, however, Americans appear to be significantly more polarised in their opinion than Australians.

Australia's long-standing strategic relationship with the United States is transforming in response to rapid geostrategic change in the Indo-Pacific, a fractious debate about America's role in the world, technological change, and economic interdependence. For Australian policymakers and their American partners, creativity and dexterity are in great demand, with the US-Australia alliance growing in scope and deepening in strategic importance.