logo
Has Newcastle lost its small-town feel and shifted into a bona fide city?

Has Newcastle lost its small-town feel and shifted into a bona fide city?

The Advertiser16-06-2025
I RECENTLY celebrated three years since returning to live in Newcastle, having been away for almost three decades. My main revelation upon return was that Newcastle had acquired that indefinable quality that comes from being a city rather than a large country town.
At sunset recently, I stopped halfway across the Cowper Street bridge to contemplate Newcastle's changing skyline. With its combination of moored yachts and mid to high-rise buildings, the view of the waterfront and West End verged on glamorous. OK, maybe I'm exaggerating, but I'm sure you'll allow that it's a great improvement on the grim neighbourhood some of us grew up with. The same can be said for many other parts of "town".
The other day, I met an older Novocastrian who used to have professional offices at the top of town. He remembered the East End as being "awful", a grimy mélange of derelict warehouses, railway sidings, and pollution from the Zaara Street power station. Now, of course, the area is a tourist mecca and a highly successful event space. The shared paths along the foreshore and beaches are thronged, and the renovated ocean baths and new skate park have been enthusiastically embraced.
Much remains to be done, of course. The slow death of street front retail has left large stretches of Hunter Street struggling to find a new purpose, Beaumont Street has its challenges, and while Newcastle's light rail line was the right idea, it remains a job only partly done. I'll report back in another three years.
THE owners of Tomago Aluminium have warned that high energy prices may put the plant's future in jeopardy. That could cost 1500 direct jobs and an extra 5000 across the region ("Minister optimistic on smelter despite surging energy prices", Newcastle Herald 12/6).
With energy prices to rise from July 2025, Tomago seems to be seeking government subsidy (taxpayer money) to keep operating profitably. Additionally, Alcoa plans to close down an aluminium smelter and two mills in WA this year due to high energy prices and production costs. With the US placing tariffs on Australian aluminium and Indonesia now expanding its cheap production, the future of our aluminium industry is not bright. Without reliable and affordable 24/7 energy supplies, productivity in Australia will continue to decline. It does not take an Einstein to figure that out.
GRAHAME Danaher ("Tackling adversity way to go", Letters 10/6), and Steve Barnett ("Costs are high, but working hard tough to beat", Letters 5/6): of course, tackling adversity is a great part of life, and overcoming it is the greatest high. However, once 3.5 times the median national income was enough for a house deposit. In 2024, it's 8.6 times.
Outrageously, concessional superannuation greatly favours the wealthy, people who do not need it, while the taxation tab is picked up by our younger taxpaying community. A parent recently expressed his bewilderment in the Sydney Morning Herald that, in retirement and with few expenses, he paid no tax, while his child with so many living expenses paid $37,000 on similar income. Employment is now far less stable, for a far more precarious life, for many. What toll is this taking on the social fabric?
The recent Fair Work Commission decision improved real incomes by only 1 per cent, with much of the wage rise lost to inflation. Like me, Mr Danaher and Mr Barnett should be very thankful for how the times favoured them. At the start of his working life, Mr Barnett could pocket $60 of his pay. Sounds pretty good to me.
MY parents didn't have botox injections, false eyelashes, manicures, exfoliation, waxing, cosmetic surgery, day spas, and that was just Dad. Throw in streaming services, exotic holidays, regular nights out, extra TVs, the biggest barbecue backyard smokehouse, spa, pool, four-car garage, double-storey house, jet ski, social media profile, designer clothes and handbags (are you reading this, honey? I hope not). I'm sure you people get my drift.
I know it's hard these days, but it's not impossible to buy a home and start small, dream big. We are dreaming of a small, nice retirement apartment near the beach. It might be a cave overlooking the Hawkesbury River if Mac Maguire's prediction of 1000 years of Labor government comes true. Good luck, I hope you achieve your goals.
MATT Ophir says he does not see any mosques being firebombed or sprayed with graffiti ("Targets of hate speak volumes", Letters, 12/6). What we are seeing is Palestine being destroyed and tens of thousands of its innocent citizens being slaughtered. Unfortunately, the hard-line government in Israel has used the bad behaviour of Hamas to invade the entire country. Yes, bad behaviour on both sides. I congratulate our government's brave decision to call out poor behaviour on both sides. I also congratulate the Albanese government on their response to the amazing clown act happening in America. Go Albo.
WITH all due respect to Cr Clausen ("Councillors have duty to speak up", Letters, 10/6), the community's response to the Davidson Report, on display in these pages, shows it did nothing to restore public trust. Nor did accusing the lord mayor of spreading misinformation in any way stem the community outrage that drove the former lord mayor out of office.
AN article on an Upper Hunter solar farm said it would cost $300 million and create five permanent jobs. I wonder where the thousands of permanent jobs will go when Mt Arthur closes, if five cost so much?
APPARENTLY, Greta Thunberg and her cohort will be shown a video of the Hamas attack on Israel as justification for the invasion of Gaza. I wonder if they will also justify their response to the October 7 attack?
The US wants us to spend more on defence, but surely the $368 billion for nuclear submarines more than covers us? I am not sure that Donald Trump knows much about the submarine deal, though.
I RECENTLY celebrated three years since returning to live in Newcastle, having been away for almost three decades. My main revelation upon return was that Newcastle had acquired that indefinable quality that comes from being a city rather than a large country town.
At sunset recently, I stopped halfway across the Cowper Street bridge to contemplate Newcastle's changing skyline. With its combination of moored yachts and mid to high-rise buildings, the view of the waterfront and West End verged on glamorous. OK, maybe I'm exaggerating, but I'm sure you'll allow that it's a great improvement on the grim neighbourhood some of us grew up with. The same can be said for many other parts of "town".
The other day, I met an older Novocastrian who used to have professional offices at the top of town. He remembered the East End as being "awful", a grimy mélange of derelict warehouses, railway sidings, and pollution from the Zaara Street power station. Now, of course, the area is a tourist mecca and a highly successful event space. The shared paths along the foreshore and beaches are thronged, and the renovated ocean baths and new skate park have been enthusiastically embraced.
Much remains to be done, of course. The slow death of street front retail has left large stretches of Hunter Street struggling to find a new purpose, Beaumont Street has its challenges, and while Newcastle's light rail line was the right idea, it remains a job only partly done. I'll report back in another three years.
THE owners of Tomago Aluminium have warned that high energy prices may put the plant's future in jeopardy. That could cost 1500 direct jobs and an extra 5000 across the region ("Minister optimistic on smelter despite surging energy prices", Newcastle Herald 12/6).
With energy prices to rise from July 2025, Tomago seems to be seeking government subsidy (taxpayer money) to keep operating profitably. Additionally, Alcoa plans to close down an aluminium smelter and two mills in WA this year due to high energy prices and production costs. With the US placing tariffs on Australian aluminium and Indonesia now expanding its cheap production, the future of our aluminium industry is not bright. Without reliable and affordable 24/7 energy supplies, productivity in Australia will continue to decline. It does not take an Einstein to figure that out.
GRAHAME Danaher ("Tackling adversity way to go", Letters 10/6), and Steve Barnett ("Costs are high, but working hard tough to beat", Letters 5/6): of course, tackling adversity is a great part of life, and overcoming it is the greatest high. However, once 3.5 times the median national income was enough for a house deposit. In 2024, it's 8.6 times.
Outrageously, concessional superannuation greatly favours the wealthy, people who do not need it, while the taxation tab is picked up by our younger taxpaying community. A parent recently expressed his bewilderment in the Sydney Morning Herald that, in retirement and with few expenses, he paid no tax, while his child with so many living expenses paid $37,000 on similar income. Employment is now far less stable, for a far more precarious life, for many. What toll is this taking on the social fabric?
The recent Fair Work Commission decision improved real incomes by only 1 per cent, with much of the wage rise lost to inflation. Like me, Mr Danaher and Mr Barnett should be very thankful for how the times favoured them. At the start of his working life, Mr Barnett could pocket $60 of his pay. Sounds pretty good to me.
MY parents didn't have botox injections, false eyelashes, manicures, exfoliation, waxing, cosmetic surgery, day spas, and that was just Dad. Throw in streaming services, exotic holidays, regular nights out, extra TVs, the biggest barbecue backyard smokehouse, spa, pool, four-car garage, double-storey house, jet ski, social media profile, designer clothes and handbags (are you reading this, honey? I hope not). I'm sure you people get my drift.
I know it's hard these days, but it's not impossible to buy a home and start small, dream big. We are dreaming of a small, nice retirement apartment near the beach. It might be a cave overlooking the Hawkesbury River if Mac Maguire's prediction of 1000 years of Labor government comes true. Good luck, I hope you achieve your goals.
MATT Ophir says he does not see any mosques being firebombed or sprayed with graffiti ("Targets of hate speak volumes", Letters, 12/6). What we are seeing is Palestine being destroyed and tens of thousands of its innocent citizens being slaughtered. Unfortunately, the hard-line government in Israel has used the bad behaviour of Hamas to invade the entire country. Yes, bad behaviour on both sides. I congratulate our government's brave decision to call out poor behaviour on both sides. I also congratulate the Albanese government on their response to the amazing clown act happening in America. Go Albo.
WITH all due respect to Cr Clausen ("Councillors have duty to speak up", Letters, 10/6), the community's response to the Davidson Report, on display in these pages, shows it did nothing to restore public trust. Nor did accusing the lord mayor of spreading misinformation in any way stem the community outrage that drove the former lord mayor out of office.
AN article on an Upper Hunter solar farm said it would cost $300 million and create five permanent jobs. I wonder where the thousands of permanent jobs will go when Mt Arthur closes, if five cost so much?
APPARENTLY, Greta Thunberg and her cohort will be shown a video of the Hamas attack on Israel as justification for the invasion of Gaza. I wonder if they will also justify their response to the October 7 attack?
The US wants us to spend more on defence, but surely the $368 billion for nuclear submarines more than covers us? I am not sure that Donald Trump knows much about the submarine deal, though.
I RECENTLY celebrated three years since returning to live in Newcastle, having been away for almost three decades. My main revelation upon return was that Newcastle had acquired that indefinable quality that comes from being a city rather than a large country town.
At sunset recently, I stopped halfway across the Cowper Street bridge to contemplate Newcastle's changing skyline. With its combination of moored yachts and mid to high-rise buildings, the view of the waterfront and West End verged on glamorous. OK, maybe I'm exaggerating, but I'm sure you'll allow that it's a great improvement on the grim neighbourhood some of us grew up with. The same can be said for many other parts of "town".
The other day, I met an older Novocastrian who used to have professional offices at the top of town. He remembered the East End as being "awful", a grimy mélange of derelict warehouses, railway sidings, and pollution from the Zaara Street power station. Now, of course, the area is a tourist mecca and a highly successful event space. The shared paths along the foreshore and beaches are thronged, and the renovated ocean baths and new skate park have been enthusiastically embraced.
Much remains to be done, of course. The slow death of street front retail has left large stretches of Hunter Street struggling to find a new purpose, Beaumont Street has its challenges, and while Newcastle's light rail line was the right idea, it remains a job only partly done. I'll report back in another three years.
THE owners of Tomago Aluminium have warned that high energy prices may put the plant's future in jeopardy. That could cost 1500 direct jobs and an extra 5000 across the region ("Minister optimistic on smelter despite surging energy prices", Newcastle Herald 12/6).
With energy prices to rise from July 2025, Tomago seems to be seeking government subsidy (taxpayer money) to keep operating profitably. Additionally, Alcoa plans to close down an aluminium smelter and two mills in WA this year due to high energy prices and production costs. With the US placing tariffs on Australian aluminium and Indonesia now expanding its cheap production, the future of our aluminium industry is not bright. Without reliable and affordable 24/7 energy supplies, productivity in Australia will continue to decline. It does not take an Einstein to figure that out.
GRAHAME Danaher ("Tackling adversity way to go", Letters 10/6), and Steve Barnett ("Costs are high, but working hard tough to beat", Letters 5/6): of course, tackling adversity is a great part of life, and overcoming it is the greatest high. However, once 3.5 times the median national income was enough for a house deposit. In 2024, it's 8.6 times.
Outrageously, concessional superannuation greatly favours the wealthy, people who do not need it, while the taxation tab is picked up by our younger taxpaying community. A parent recently expressed his bewilderment in the Sydney Morning Herald that, in retirement and with few expenses, he paid no tax, while his child with so many living expenses paid $37,000 on similar income. Employment is now far less stable, for a far more precarious life, for many. What toll is this taking on the social fabric?
The recent Fair Work Commission decision improved real incomes by only 1 per cent, with much of the wage rise lost to inflation. Like me, Mr Danaher and Mr Barnett should be very thankful for how the times favoured them. At the start of his working life, Mr Barnett could pocket $60 of his pay. Sounds pretty good to me.
MY parents didn't have botox injections, false eyelashes, manicures, exfoliation, waxing, cosmetic surgery, day spas, and that was just Dad. Throw in streaming services, exotic holidays, regular nights out, extra TVs, the biggest barbecue backyard smokehouse, spa, pool, four-car garage, double-storey house, jet ski, social media profile, designer clothes and handbags (are you reading this, honey? I hope not). I'm sure you people get my drift.
I know it's hard these days, but it's not impossible to buy a home and start small, dream big. We are dreaming of a small, nice retirement apartment near the beach. It might be a cave overlooking the Hawkesbury River if Mac Maguire's prediction of 1000 years of Labor government comes true. Good luck, I hope you achieve your goals.
MATT Ophir says he does not see any mosques being firebombed or sprayed with graffiti ("Targets of hate speak volumes", Letters, 12/6). What we are seeing is Palestine being destroyed and tens of thousands of its innocent citizens being slaughtered. Unfortunately, the hard-line government in Israel has used the bad behaviour of Hamas to invade the entire country. Yes, bad behaviour on both sides. I congratulate our government's brave decision to call out poor behaviour on both sides. I also congratulate the Albanese government on their response to the amazing clown act happening in America. Go Albo.
WITH all due respect to Cr Clausen ("Councillors have duty to speak up", Letters, 10/6), the community's response to the Davidson Report, on display in these pages, shows it did nothing to restore public trust. Nor did accusing the lord mayor of spreading misinformation in any way stem the community outrage that drove the former lord mayor out of office.
AN article on an Upper Hunter solar farm said it would cost $300 million and create five permanent jobs. I wonder where the thousands of permanent jobs will go when Mt Arthur closes, if five cost so much?
APPARENTLY, Greta Thunberg and her cohort will be shown a video of the Hamas attack on Israel as justification for the invasion of Gaza. I wonder if they will also justify their response to the October 7 attack?
The US wants us to spend more on defence, but surely the $368 billion for nuclear submarines more than covers us? I am not sure that Donald Trump knows much about the submarine deal, though.
I RECENTLY celebrated three years since returning to live in Newcastle, having been away for almost three decades. My main revelation upon return was that Newcastle had acquired that indefinable quality that comes from being a city rather than a large country town.
At sunset recently, I stopped halfway across the Cowper Street bridge to contemplate Newcastle's changing skyline. With its combination of moored yachts and mid to high-rise buildings, the view of the waterfront and West End verged on glamorous. OK, maybe I'm exaggerating, but I'm sure you'll allow that it's a great improvement on the grim neighbourhood some of us grew up with. The same can be said for many other parts of "town".
The other day, I met an older Novocastrian who used to have professional offices at the top of town. He remembered the East End as being "awful", a grimy mélange of derelict warehouses, railway sidings, and pollution from the Zaara Street power station. Now, of course, the area is a tourist mecca and a highly successful event space. The shared paths along the foreshore and beaches are thronged, and the renovated ocean baths and new skate park have been enthusiastically embraced.
Much remains to be done, of course. The slow death of street front retail has left large stretches of Hunter Street struggling to find a new purpose, Beaumont Street has its challenges, and while Newcastle's light rail line was the right idea, it remains a job only partly done. I'll report back in another three years.
THE owners of Tomago Aluminium have warned that high energy prices may put the plant's future in jeopardy. That could cost 1500 direct jobs and an extra 5000 across the region ("Minister optimistic on smelter despite surging energy prices", Newcastle Herald 12/6).
With energy prices to rise from July 2025, Tomago seems to be seeking government subsidy (taxpayer money) to keep operating profitably. Additionally, Alcoa plans to close down an aluminium smelter and two mills in WA this year due to high energy prices and production costs. With the US placing tariffs on Australian aluminium and Indonesia now expanding its cheap production, the future of our aluminium industry is not bright. Without reliable and affordable 24/7 energy supplies, productivity in Australia will continue to decline. It does not take an Einstein to figure that out.
GRAHAME Danaher ("Tackling adversity way to go", Letters 10/6), and Steve Barnett ("Costs are high, but working hard tough to beat", Letters 5/6): of course, tackling adversity is a great part of life, and overcoming it is the greatest high. However, once 3.5 times the median national income was enough for a house deposit. In 2024, it's 8.6 times.
Outrageously, concessional superannuation greatly favours the wealthy, people who do not need it, while the taxation tab is picked up by our younger taxpaying community. A parent recently expressed his bewilderment in the Sydney Morning Herald that, in retirement and with few expenses, he paid no tax, while his child with so many living expenses paid $37,000 on similar income. Employment is now far less stable, for a far more precarious life, for many. What toll is this taking on the social fabric?
The recent Fair Work Commission decision improved real incomes by only 1 per cent, with much of the wage rise lost to inflation. Like me, Mr Danaher and Mr Barnett should be very thankful for how the times favoured them. At the start of his working life, Mr Barnett could pocket $60 of his pay. Sounds pretty good to me.
MY parents didn't have botox injections, false eyelashes, manicures, exfoliation, waxing, cosmetic surgery, day spas, and that was just Dad. Throw in streaming services, exotic holidays, regular nights out, extra TVs, the biggest barbecue backyard smokehouse, spa, pool, four-car garage, double-storey house, jet ski, social media profile, designer clothes and handbags (are you reading this, honey? I hope not). I'm sure you people get my drift.
I know it's hard these days, but it's not impossible to buy a home and start small, dream big. We are dreaming of a small, nice retirement apartment near the beach. It might be a cave overlooking the Hawkesbury River if Mac Maguire's prediction of 1000 years of Labor government comes true. Good luck, I hope you achieve your goals.
MATT Ophir says he does not see any mosques being firebombed or sprayed with graffiti ("Targets of hate speak volumes", Letters, 12/6). What we are seeing is Palestine being destroyed and tens of thousands of its innocent citizens being slaughtered. Unfortunately, the hard-line government in Israel has used the bad behaviour of Hamas to invade the entire country. Yes, bad behaviour on both sides. I congratulate our government's brave decision to call out poor behaviour on both sides. I also congratulate the Albanese government on their response to the amazing clown act happening in America. Go Albo.
WITH all due respect to Cr Clausen ("Councillors have duty to speak up", Letters, 10/6), the community's response to the Davidson Report, on display in these pages, shows it did nothing to restore public trust. Nor did accusing the lord mayor of spreading misinformation in any way stem the community outrage that drove the former lord mayor out of office.
AN article on an Upper Hunter solar farm said it would cost $300 million and create five permanent jobs. I wonder where the thousands of permanent jobs will go when Mt Arthur closes, if five cost so much?
APPARENTLY, Greta Thunberg and her cohort will be shown a video of the Hamas attack on Israel as justification for the invasion of Gaza. I wonder if they will also justify their response to the October 7 attack?
The US wants us to spend more on defence, but surely the $368 billion for nuclear submarines more than covers us? I am not sure that Donald Trump knows much about the submarine deal, though.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

1400 batteries in a day: Aussies soak up solar subsidy
1400 batteries in a day: Aussies soak up solar subsidy

Perth Now

time9 minutes ago

  • Perth Now

1400 batteries in a day: Aussies soak up solar subsidy

Australian households are installing solar batteries at record rates, with more than 19,000 registered in a month. Figures released on Friday by market analysis firm SunWiz indicated consumers could more than double the number of home batteries installed in a single year, with NSW households leading the pack. The unprecedented adoption comes one month after the launch of the federal government's $2.3 billion Cheaper Home Batteries Program, which offered discounts of 30 per cent on the technology. But buyers might need greater protections to prevent providers from exploiting the popularity of the scheme, the Australian Competition and Consumer Commission has warned, and should compare several quotes before joining the trend. Analysis of the first month of the scheme showed more than 19,000 households registered batteries, SunWiz managing director Warwick Johnston said, peaking at 1400 batteries added in a single day. "In just one week, Australians installed more battery capacity than in the entire first two months of 2024," he said. If installations continued at the same pace, he said, households could install more than 220,000 batteries this year, up from 72,500 in 2024. Home batteries installed during July were also larger than typical, with an average capacity of 17 kilowatt-hours compared to between 10 and 12kWh. "Many households recognise this may be a one-time opportunity to access a significant subsidy and they're using it to invest in larger batteries," Mr Johnston said. Households in NSW made up more than a third of those to register batteries under the scheme (38 per cent), followed by Queensland (23 per cent) and South Australia (15 per cent). Most consumers installing batteries already used solar panels. The figures were revealed as the Australian Competition and Consumer Commission released its Electricity Inquiry Report, which found households with solar panels and a battery installed saved an average of 40 per cent on energy bills. Typical electricity users paid $1565 per year for electricity, the report found, while those with both a battery and solar power paid $936. But greater safeguards should be introduced to protect consumers as demand for battery installations increased, commissioner Anna Brakey warned, and the commission would closely scrutinise businesses and offers. "We believe additional consumer protections are needed as more Australians participate in markets for new and emerging energy services," she said. "Consumers looking to take advantage of the new subsidies for solar home batteries to lower their energy bills should take their time and not feel pressured to rush in straightaway." The government would hold consultations into retail price protections and cross-market manipulation following the report, Energy Minister Chris Bowen said.

BHP, Vale accused of 'cheating' UK law firm out of fees
BHP, Vale accused of 'cheating' UK law firm out of fees

Perth Now

time9 minutes ago

  • Perth Now

BHP, Vale accused of 'cheating' UK law firm out of fees

BHP and Vale face a London lawsuit from the law firm representing hundreds of thousands of people over Brazil's worst environmental disaster, alleging the companies sought to cheat the firm out of legal fees by procuring settlements. Anglo-Australian mining giant BHP said it rejected the allegations "in their entirety" and would contest them. Brazil-headquartered multinational Vale declined to comment. Pogust Goodhead, which represents the claimants in an ongoing case against BHP over the 2015 collapse of the Fundao dam in Mariana, southeastern Brazil, says it will seek Stg1.3 billion ($A2.7 billion) for unpaid fees. The firm was representing more than 600,000 Brazilians in the case at London's High Court. A June presentation by BHP and Vale's Samarco joint venture - which owned and operated the dam - said about 130,000 people had settled. In a legal letter sent on Pogust Goodhead's behalf, lawyers representing the firm allege BHP, Vale and Samarco pressured claimants to "settle their claims at far below their true value". Pogust Goodhead also alleges that a 170 billion-reais ($A47 billion) compensation agreement that Brazil signed with BHP, Vale and Samarco in October 2024 prevented claimants discussing the deal with the firm or paying its legal fees. The firm says it has also incurred an extra $US1 billion ($A1.6 billion) in borrowing costs to finance the English case over the dam's collapse. "We reject Pogust Goodhead's claims and allegations in their entirety and dispute their factual and legal basis," a BHP spokesperson said in a statement. "These allegations and threatened claims are entirely without merit and BHP rejects and will vigorously contest them." The BHP spokesperson pointed to 2024's compensation deal, saying: "We continue to believe Brazil is the most appropriate, effective, and efficient place for compensation for the Fundao dam failure from Samarco to be delivered." Pogust Goodhead's threat of legal action - in a so-called "letter before action" that is required as part of the process - is the latest development in the litigation, after the High Court in June ruled BHP should face a full contempt of court hearing for funding parallel litigation in Brazil. BHP, meanwhile, still awaits judgment following a trial of the underlying lawsuit over the dam collapse, in which Pogust Goodhead said it was seeking damages of up to Stg36 billion. When the dam burst in 2015, it unleashed a wave of toxic sludge that killed 19 people, left thousands homeless, flooded forests and polluted the length of the Doce River. The trial began in October and finished in March. BHP denies liability and says the case duplicates legal proceedings and reparation and repair programs in Brazil.

New trade war looms as Trump's disruptive tariffs become reality
New trade war looms as Trump's disruptive tariffs become reality

Sydney Morning Herald

time39 minutes ago

  • Sydney Morning Herald

New trade war looms as Trump's disruptive tariffs become reality

'Grateful for small mercies' is a phrase that springs to mind after US President Donald Trump failed to follow through on his previous threats and allowed Australian goods to continue being subject to a US tariff of 10 per cent. Should Trump have made good on his ultimatums to hike the levy to 15 or 20 per cent, it would not have been the action of a special friend, especially given the US already enjoys a trade surplus with Australia. Displaying his patented bluster and blunder, Trump announced his tariff regime last April on what he called Liberation Day. It barely discriminated between friend or foe, tanked stock markets, caused the gold price to soar, and imposed a universal 10 per cent tariff on all imports, with Asian nations hit with even steeper tariffs. Four months later, some clarity has emerged. Trump's battery of new tariffs on more than 60 countries starts on August 7. He kept Australia on the same 10 per cent rate as another close ally, the United Kingdom. However, he was not so disposed to other allies: although the US imports more to Canada, he lifted the tariff from 25 per cent to 35 per cent. Trump hit New Zealand too, with a surprise 5 per cent rise to a 15 per cent tariff. None of this is set in stone and Trade Minister Don Farrell has confirmed Canberra will continue to lobby for the removal of all tariffs on Australian goods. But if Australia has dodged a bullet for the moment, there is no getting away from the harsh reality that the tariffs imposed by Trump on other major economies are likely to slow global economic activity and eventually could hurt our relatively small, export-driven economy. Loading Trump is attempting to put America First by scrapping the world trading system with his own scheme, which presumes nations must jump through his hoop. In an inconsiderate slight, the US did not even bother to confirm Australia was exempt from higher tariffs, but left it to a White House fact sheet to confirm any countries not on the new list would remain on 10 per cent. Last April, when the US tariffs were first announced, Opposition Leader Peter Dutton slammed Prime Minister Anthony Albanese as a leader of a bad government who could not get a phone call with Trump to discuss tariffs. Little appears to have changed.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store