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ANZUS is dead. We need an entirely new continental defence strategy.
The launch of a nuclear-capable long-range missile from a Chinese submarine in the South Pacific with just hours of notice has angered Australia and New Zealand, who labelled the test destabilising and concerning.
The firing of the ballistic missile, fitted with a dummy warhead, came just hours after Australia and Fiji struck a new defence alliance that commits them to come to each other’s aid if they come under attack.
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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific's leading geo-politics and economics portal.
He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.
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