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Foreign Exchange

Schwartz Media
China
United States
Australia
AUKUS
Iran
North Korea
Taiwan
Nuclear Deterrence
Canada
Trump
Submarines
Shangri-La Dialogue
People's Republic Of China
Ukraine
Asia Pacific
Vietnam
Treaty Of Rarotonga
First Island Chain
Intelligence
Nuclear Weapons

Every fortnight, Sam Roggeveen and Hugh White discuss major developments in international affairs affecting Australia and the region, from an Australian perspective.

PublishesWeeklyEpisodes22Founded3 months ago
Number of ListenersCategory
Government

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Artwork for Foreign Exchange

Latest Episodes

This week, counterinsurgency expert David Kilcullen joins Hugh White to discuss his article in Australian Foreign Affairs, Plan B: How to defend Australia without submarines, by David Kilcullen

“There's two ways it could fail.

“One could be that t... more

Every fortnight, Sam Roggeveen and Hugh White discuss major developments in international affairs affecting Australia and the region, from an Australian perspective.

“This is an extraordinarily serious choice.

“Now, we might feel uncomfortable abou... more

Every fortnight, Sam Roggeveen and Hugh White discuss major developments in international affairs affecting Australia and the region, from an Australian perspective.

“All of those styles of intelligence except the last one —HUMINT— is, of course, un... more

Subscribe to Australian Foreign Affairs: www.australianforeignaffairs.com/subscribe

Every fortnight, Sam Roggeveen and Hugh White discuss major developments in international affairs affecting Australia and the region, from an Australian pers... more

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Recent Guests

David Kilcullen
Professor of War Studies at the University of New South Wales
University of New South Wales
Episode: PLAN B: Counterinsurgency expert David Kilcullen on how to defend Australia without submarines

Hosts

Hugh White
Co-host and host from Australian National University; serves as a senior commentator on strategic affairs.
Sam Roggeveen
Host of the program; frequently leads discussions and anchors analysis.

Chart Rankings

How this podcast ranks in the Apple Podcasts, Spotify and YouTube charts.

Apple Podcasts
#27
Australia/Government
Apple Podcasts
#150
France/Government
Apple Podcasts
#24
New Zealand/Government
Apple Podcasts
#107
Singapore/Government

Talking Points

Recent interactions between the hosts and their guests.

PLAN B: Counterinsurgency expert David Kilcullen on how to defend Australia without submarines
Q: What alternatives should Australia consider if subs are delayed or not viable?
Options include expanding air power and missiles, long-range unconventional platforms, and uncrewed systems like Ghostbat and Ghost Shark, as well as considering legacy or alternative submarine concepts to maintain deterrence.
PLAN B: Counterinsurgency expert David Kilcullen on how to defend Australia without submarines
Q: What are the roles submarines play for Australia beyond land strike?
Submarines provide persistent, long-range, stealthy maritime denial and sea control, and their primary value is to deter and complicate adversaries by threatening assets at range, which is crucial for Australia given its geography.
PLAN B: Counterinsurgency expert David Kilcullen on how to defend Australia without submarines
Q: How likely is AUKUS to fail, and what uncertainties matter most?
Kilcullen explains there is a substantial, though not quantified, uncertainty around pillar one (the subs delivery) and potential failure modes, including US transfer decisions and timing mismatches, which make prudent hedging essential.

Audience Metrics

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Frequently Asked Questions About Foreign Exchange

What is Foreign Exchange about and what kind of topics does it cover?

Two seasoned foreign policy thinkers dissect major regional and global security developments from an Australian perspective. Episodes frequently center on US–China competition, defense modernization in the Indo-Pacific, and Australia's strategic posture within alliances like AUKUS, including debates over long-range capabilities, nuclear deterrence, and regional diplomacy with Pacific partners. The format is collaborative and dialog-driven, with deep dives into policy documents, Think-tank analyses, and current events, often weaving historical context with forward-looking scenarios. Notable strengths include a rigorous, skeptical take on official narratives and a strong emphasis on strategic autonomy balanced with alliance credibility, makin... more

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1. Lowy Institute
2. Politics Now
3. Politics with Michelle Grattan
4. Global Roaming with Geraldine Doogue and Hamish Macdonald
5. Saturday Extra - Separate stories podcast

How many episodes of Foreign Exchange are there?

Foreign Exchange launched 3 months ago and published 22 episodes to date. You can find more information about this podcast including rankings, audience demographics and engagement in our podcast database.

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Recent guests on Foreign Exchange include:

1. David Kilcullen

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