PBS prescriptions to be reduced to $25
The government will table a bill this week to reduce the price of scripts on the Pharmaceutical Benefits Scheme (PBS) from $31.60 to $25.
The change in script prices is forecast to save Australians $200 million a year.
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Sydney Morning Herald
an hour ago
- Sydney Morning Herald
Australia news LIVE: Trump expected to set new tariffs within hours; ASIO boss says espionage costing Australians billions every year
Latest posts Latest posts 6.54am Trump envoy to visit Gaza to witness starvation crisis 'first-hand' By Michael Koziol US President Donald Trump's special envoy Steve Witkoff will travel to Gaza to assess what the White House called a 'dire' starvation crisis first-hand, and formulate a plan to deliver more food. White House press secretary Karoline Leavitt said Witkoff and US ambassador to Israel Mike Huckabee would enter Gaza on Friday, local time, following a meeting with Israeli Prime Minister Benjamin Netanyahu on Thursday. They would inspect the current food and aid distribution sites and 'secure a plan to deliver more food, and meet with local Gazans to hear first-hand about this dire situation on the ground ', she said. Following that they would immediately brief Trump and approve a final plan for food and aid distribution to the region, Leavitt said. 6.52am Albanese's allies work to kill off anti-AUKUS push By Paul Sakkal and Kieran Rooney Prime Minister Anthony Albanese's allies are scrambling to put a lid on an anti-AUKUS grassroots Labor move that threatens to complicate a US probe into the submarine pact. The party's Victorian Left faction, led by minister Andrew Giles and who back the prime minister, are lobbying behind the scenes to water down a motion submitted by the anti-US Labor Against War to Labor's state conference on Saturday that slams US President Donald Trump and demands the government 'withdraw' from AUKUS. The push comes at a time when the Pentagon is reviewing the $360 billion nuclear deal and the US Navy is concerned the country is not building enough nuclear submarines to sell any to Australia in the 2030s without a dramatic increase in production. 6.43am What's making news today By Daniel Lo Surdo Hello and welcome to the national news live blog. My name is Daniel Lo Surdo, and I'll be helming our live coverage this morning. Here's what is making news today: US President Donald Trump is expected to sign executive orders within hours to set new tariffs on American trading partners, threatening an increase to the baseline 10 per cent tariff levelled at Australian imports. It comes three days after Trump suggested sweeping tariffs of 15 to 20 per cent on all global trade partners unable to negotiate a deal with the US if an agreement was not struck before the August 1 deadline. ASIO director-general Mike Burgess has revealed espionage is costing Australia an estimated $12.5 billion a year, warning that more than 35,000 Australians have exposed themselves to danger by 'recklessly' boasting their access to sensitive information online. Burgess said ASIO had disrupted 24 major espionage and foreign interference operations in the past three years, more than the previous eight years combined. Trump's special envoy Steve Witkoff will travel to Gaza to assess what the White House called a 'dire' starvation crisis first-hand, and formulate a plan to deliver more food. Witkoff and US ambassador to Israel Mike Huckabee would enter Gaza on Friday (local time) before briefing Trump and approving a final food and aid distribution plan. The Australian sharemarket is expected to fall after Wall Street retreated in response to the White House's demand for 17 pharmaceutical companies negotiate harder with other countries to return extra profits to Americans. Health stocks, including Eli Lilly and UnitedHealth Group, were among the biggest laggards on Wall Street.
The Age
an hour ago
- The Age
Australia news LIVE: Trump expected to set new tariffs within hours; ASIO boss says espionage costing Australians billions every year
Latest posts Latest posts 6.54am Trump envoy to visit Gaza to witness starvation crisis 'first-hand' By Michael Koziol US President Donald Trump's special envoy Steve Witkoff will travel to Gaza to assess what the White House called a 'dire' starvation crisis first-hand, and formulate a plan to deliver more food. White House press secretary Karoline Leavitt said Witkoff and US ambassador to Israel Mike Huckabee would enter Gaza on Friday, local time, following a meeting with Israeli Prime Minister Benjamin Netanyahu on Thursday. They would inspect the current food and aid distribution sites and 'secure a plan to deliver more food, and meet with local Gazans to hear first-hand about this dire situation on the ground ', she said. Following that they would immediately brief Trump and approve a final plan for food and aid distribution to the region, Leavitt said. 6.52am Albanese's allies work to kill off anti-AUKUS push By Paul Sakkal and Kieran Rooney Prime Minister Anthony Albanese's allies are scrambling to put a lid on an anti-AUKUS grassroots Labor move that threatens to complicate a US probe into the submarine pact. The party's Victorian Left faction, led by minister Andrew Giles and who back the prime minister, are lobbying behind the scenes to water down a motion submitted by the anti-US Labor Against War to Labor's state conference on Saturday that slams US President Donald Trump and demands the government 'withdraw' from AUKUS. The push comes at a time when the Pentagon is reviewing the $360 billion nuclear deal and the US Navy is concerned the country is not building enough nuclear submarines to sell any to Australia in the 2030s without a dramatic increase in production. 6.43am What's making news today By Daniel Lo Surdo Hello and welcome to the national news live blog. My name is Daniel Lo Surdo, and I'll be helming our live coverage this morning. Here's what is making news today: US President Donald Trump is expected to sign executive orders within hours to set new tariffs on American trading partners, threatening an increase to the baseline 10 per cent tariff levelled at Australian imports. It comes three days after Trump suggested sweeping tariffs of 15 to 20 per cent on all global trade partners unable to negotiate a deal with the US if an agreement was not struck before the August 1 deadline. ASIO director-general Mike Burgess has revealed espionage is costing Australia an estimated $12.5 billion a year, warning that more than 35,000 Australians have exposed themselves to danger by 'recklessly' boasting their access to sensitive information online. Burgess said ASIO had disrupted 24 major espionage and foreign interference operations in the past three years, more than the previous eight years combined. Trump's special envoy Steve Witkoff will travel to Gaza to assess what the White House called a 'dire' starvation crisis first-hand, and formulate a plan to deliver more food. Witkoff and US ambassador to Israel Mike Huckabee would enter Gaza on Friday (local time) before briefing Trump and approving a final food and aid distribution plan. The Australian sharemarket is expected to fall after Wall Street retreated in response to the White House's demand for 17 pharmaceutical companies negotiate harder with other countries to return extra profits to Americans. Health stocks, including Eli Lilly and UnitedHealth Group, were among the biggest laggards on Wall Street.
Sky News AU
an hour ago
- Sky News AU
Concerns over US beef imports to Australia
Labor's decision to relax biosecurity restrictions on US beef being imported to Australia has renewed fears of herd animal diseases that could decimate the industry. Many in Australia's beef supply chain believe sacrificing our biosecurity for continued access to the American market is not worth the risk. Although biosecurity concerns remain, US beef is expected to be uncompetitive in the market due to price.
