Australia’s future: Senator James Paterson on strategy, technology and securing the economy

Stop the World is hosting a short series of conversations with Australian politicians that transcend daily politics and breaking news to get to the fundamental strategy and security challenges Australia faces.

In the first of the series, we speak with Shadow Finance Minister, Senator James Paterson. James shares frank views on Australia’s strategic risks, the need to deter authoritarian powers, his advocacy for higher defence spending—despite his instinctive fiscal prudence—and the role technology can play in boosting the economy so Australia doesn't get left behind by the transformative power of artificial intelligence.

He talks about balancing his classical liberal support for an open economy with the need to safeguard strategic industries and technologies, the responsibilities of the tech industry, the maintenance of the Australia-US alliance under the unconventional Trump administration, and the need to prioritise future generations so young people don’t become disillusioned with politics.

James has been a Senator for Victoria since 2016 and has previously served as Shadow Minister for Home Affairs and Cyber, and chair of the Parliamentary Joint Committee on Intelligence and Security.