Australian business leaders need to start taking geopolitics seriously. Markets, shareholders and stakeholders will punish those firms caught unprepared for the calamities ahead.

The geopolitical shock of Trump’s second presidency has gripped Australia – but it was a long time coming. China’s rise has upended our strategic environment.

With all eyes on US President Trump over the past month, the world’s second superpower has quietly slipped from global headlines.

In nine short months, three of America’s most revered universities have lost their heads. In December 2023, Professor Liz Magill, president of the University of Pennsylvania abruptly resigned.