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O'Brien plans tax review, stands by nuclear power

O'Brien plans tax review, stands by nuclear power

Shadow treasurer Ted O'Brien has committed to developing a tax policy that leaves more money in the pockets of Australians after admitting Liberal values were breached by opposing Labor's income tax cuts at the devastating election loss.
A defiant O'Brien, who is now deputy leader, also stood by his previous support for nuclear energy.

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Albo to talk Trump, war with Canadian PM
Albo to talk Trump, war with Canadian PM

Perth Now

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  • Perth Now

Albo to talk Trump, war with Canadian PM

Anthony Albanese is set to discuss the impact of Donald Trump's increasingly aggressive trade war and conflict in the Middle East in his first bilateral meeting with newly-installed Canadian Prime Minister Mark Carney. Following a brief visit to Seattle on the United States' west coast - where it was confirmed Australia had secured a meeting with Mr Trump - the Prime Minister will depart for Calgary on Sunday afternoon local time (Monday morning AEST). He will then head to Kananaskis, Alberta to attend the G7 Leaders Summit. Mr Albanese is also expected to conduct bilateral meetings with UK Prime Minister Keir Starmer, Japanese Prime Minister Shigeru Ishiba, and South Korean President Lee Jae-myung. He has also confirmed an all-important face-to-face meeting with US President Donald Trump on Tuesday, where Mr Albanese is set to make his case for a tariff exemption and spruik AUKUS. Mr Albanese's bilateral with Mr Carney - their formal talk after meeting at Pope Leo XIV's inauguration in Rome - will instead canvas how the two leaders can deepen existing co-operation, plus topics such as defence industry, climate change, and critical minerals. In the wake of the Trump administration's tariff onslaught, the OECD's June Economic Outlook said attempts to 'harmonise regulations' between peer countries such as Canada and Australia 'could support stronger trade and productivity growth'. The G7 Summit will occur in the tinderbox backdrop of brutal tit-for-tat strikes between Israel and Iran. On Sunday, missile strikes near Israel's capital of Tel Aviv killed at least three people, including a 10-year-old boy, with Israeli Prime Minister Benjamin Netanyahu warning of further attacks and appealing to the US for support. Russia's ongoing war in Ukraine will be another focus area, with Ukrainian President Volodymyr Zelenskyy attending the talks. The global ramifications of America's increasingly isolationist trade policies will also dominate talks at the summit, with the event's key themes to focus on global economic stability and threats to international peace and security among other transnational issues. Speaking about his highly-anticipated meeting with Mr Trump, Mr Albanese said tariffs and the value of AUKUS would be key discussion points. While he would not 'make declarations' on negotiations, Mr Albanese said he would 'put forward Australia's interests respectfully'. 'It is also in the interests of the United States for Australia to be treated appropriately. Tariffs across the board, of course, impose an increased cost on the purchases of those goods and services,' Mr Albanese said. 'I will enter into those discussions constructively – the discussions that I've previously had with President Trump were constructive, but those 10 per cent tariff supports have been the minimum … that have been applied across the board.' Sussan Ley has welcomed the meeting wished the Labor leader 'success' in representing Australia's interest. 'It's in the interest of every Australian this meeting is a success and we want the Prime Minister to do well,' the Opposition Leader posted on social media. 'It's important the PM gains a reassurance on AUKUS and protects Australia from tariffs.'

Albanese-Trump meeting critical amid ‘dangerous times'
Albanese-Trump meeting critical amid ‘dangerous times'

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time2 hours ago

  • Sky News AU

Albanese-Trump meeting critical amid ‘dangerous times'

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