Albanese's ‘bizarre' speech hurting Australia's relationship with US
'Why did Albanese make such a bizarre speech,' Mr Sheridan told Sky News host Danica De Giorgio.
'Is he trying to provoke the Americans into killing off AUKUS?
'Albanese, even at the level of politics should be very careful about this though … the American alliance is very popular.'

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The Age
32 minutes ago
- The Age
Australian News LIVE: Inside the mushroom murderer court case, new Trump tariffs; rate cut decision looms
Latest posts Latest posts 6.56am Alex de Minaur's Wimbledon campaign ends in disappointment By Marc McGowan Australia's hopes of a Wimbledon win have been toppled after Australian Alex de Minaur's loss to Novak Djokovic. With Roger Federer watching from the royal box, Australia's perennially underestimated tennis torchbearer returned to Wimbledon's centre court for the showdown he was supposed to have 12 months ago – and fell agonisingly short. Read how it played out here. 6.47am Are rate cuts coming? Australia awaits RBA decision By Millie Muroi and Shane Wright All eyes will be on the Reserve Bank this afternoon with RBA governor Michele Bullock expected to deliver its fastest cut in interest rates since the early days of the COVID-19 pandemic. On a $600,000 mortgage, a rate cut on Tuesday would be worth $100 a month and take to $300 the monthly savings since the Reserve Bank started easing monetary policy in February. However, not all economists are convinced the RBA will cut rates on Tuesday. Betashares chief economist David Bassanese said the bank could wait until the next quarter inflation report, due to be released at the end of the month, to get a better handle on how the economy was performing. Read our full story here. 6.38am This morning's top stories at a glance By Emily Kowal Good morning and welcome to today's national news blog. My name is Emily Kowal, and I will be taking you through today's top stories. It's Tuesday, July 8. Here's what is making news this morning. It's the case that gripped the world and now Erin Patterson has spent her first night behind bars after she was found guilty in the mushroom murder case. Our reporters take you inside the evidence we couldn't publish during the trial, including the moment Erin Patterson lost her cool, and where the unlikely murder weapon was found. In the United States, US President Donald Trump has unveiled a raft of new 25 per cent tariffs. Find out which countries are impacted here. It's (likely) rate cut day, with the Reserve Bank poised to deliver its fastest cut in interest rates since the early days of the COVID-19 pandemic. NSW Police will drop some of the charges laid against former Greens candidate Hannah Thomas after a review found officers incorrectly sought to use extraordinary emergency powers introduced to quell major riots.

Sydney Morning Herald
32 minutes ago
- Sydney Morning Herald
Australian News LIVE: Inside the mushroom murderer court case, new Trump tariffs; rate cut decision looms
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The Advertiser
an hour ago
- The Advertiser
Call to axe 'nuisance' levies as US tariffs wreak havoc
Australia has been urged to push for free markets, avoid a trade war and reduce its own "nuisance" levies as the world braces for the resumption of US tariffs. While President Donald Trump's tariffs are unlikely to have a significant direct impact on Australia when he lifts a pause on reciprocal levies on August 1, the uncertainty they create could wreak havoc on living standards across the globe. Were it not for that, modelling from the Productivity Commission has found Australia could receive some benefits from US tariffs. But the federal government's independent research and advisory body has recommended Australia mitigate impacts by committing to free trade agreements, reducing some of its own tariffs and working towards open markets - offering much-needed certainty for exporters. Any retaliatory tariffs could escalate into a broader trade war, potentially exacerbating uncertainty, which the commission warned would bring "serious consequences". 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The US tariffs would also likely lead capital to flow out of America and high-tariffed countries, benefiting other economies like Australia. This means Liberation Day tariffs, alongside Mr Trump's levies on steel and aluminium, could lead to a 0.37 per cent increase in Australia's real gross domestic product and a 30.9 per cent increase in US demand for Australian exports. While it is unclear whether Australia could negotiate a tariff exemption, the government could take things into its own hands by removing more of its own "nuisance" levies. It has already abolished almost 500 of these tariffs, which impose high costs on businesses and generate little revenue, but the commission identified another 315 that could be urgently removed. "Australia is best served by continuing to advocate for free and fair trade - and that's exactly what we've done," Treasurer Jim Chalmers said in response to the report. Australia has been urged to push for free markets, avoid a trade war and reduce its own "nuisance" levies as the world braces for the resumption of US tariffs. While President Donald Trump's tariffs are unlikely to have a significant direct impact on Australia when he lifts a pause on reciprocal levies on August 1, the uncertainty they create could wreak havoc on living standards across the globe. Were it not for that, modelling from the Productivity Commission has found Australia could receive some benefits from US tariffs. But the federal government's independent research and advisory body has recommended Australia mitigate impacts by committing to free trade agreements, reducing some of its own tariffs and working towards open markets - offering much-needed certainty for exporters. Any retaliatory tariffs could escalate into a broader trade war, potentially exacerbating uncertainty, which the commission warned would bring "serious consequences". In 2025, economic uncertainty in Australia and across the world reached its highest level since the COVID-19 pandemic. The speed, frequency and varying scope of Mr Trump's tariffs created an environment where world trade could be transformed at any time and without warning, creating uncertainty that could slow economic activity, household consumption and investment. Of the scenarios modelled by the commission, Australia would do better under a "Liberation Day" situation where - much like the real event - Australia's exports face only the baseline tariff of 10 per cent while other countries' goods are hit with higher rates. Since Australian items are impacted by a lower rate, they would be comparatively cheaper, meaning American consumers would shift demand to Australia. Lower US demand for other countries' imports would decrease their price, reducing the cost of import inputs used in Australian production. The US tariffs would also likely lead capital to flow out of America and high-tariffed countries, benefiting other economies like Australia. This means Liberation Day tariffs, alongside Mr Trump's levies on steel and aluminium, could lead to a 0.37 per cent increase in Australia's real gross domestic product and a 30.9 per cent increase in US demand for Australian exports. While it is unclear whether Australia could negotiate a tariff exemption, the government could take things into its own hands by removing more of its own "nuisance" levies. It has already abolished almost 500 of these tariffs, which impose high costs on businesses and generate little revenue, but the commission identified another 315 that could be urgently removed. "Australia is best served by continuing to advocate for free and fair trade - and that's exactly what we've done," Treasurer Jim Chalmers said in response to the report. Australia has been urged to push for free markets, avoid a trade war and reduce its own "nuisance" levies as the world braces for the resumption of US tariffs. While President Donald Trump's tariffs are unlikely to have a significant direct impact on Australia when he lifts a pause on reciprocal levies on August 1, the uncertainty they create could wreak havoc on living standards across the globe. Were it not for that, modelling from the Productivity Commission has found Australia could receive some benefits from US tariffs. But the federal government's independent research and advisory body has recommended Australia mitigate impacts by committing to free trade agreements, reducing some of its own tariffs and working towards open markets - offering much-needed certainty for exporters. Any retaliatory tariffs could escalate into a broader trade war, potentially exacerbating uncertainty, which the commission warned would bring "serious consequences". In 2025, economic uncertainty in Australia and across the world reached its highest level since the COVID-19 pandemic. The speed, frequency and varying scope of Mr Trump's tariffs created an environment where world trade could be transformed at any time and without warning, creating uncertainty that could slow economic activity, household consumption and investment. Of the scenarios modelled by the commission, Australia would do better under a "Liberation Day" situation where - much like the real event - Australia's exports face only the baseline tariff of 10 per cent while other countries' goods are hit with higher rates. Since Australian items are impacted by a lower rate, they would be comparatively cheaper, meaning American consumers would shift demand to Australia. Lower US demand for other countries' imports would decrease their price, reducing the cost of import inputs used in Australian production. The US tariffs would also likely lead capital to flow out of America and high-tariffed countries, benefiting other economies like Australia. This means Liberation Day tariffs, alongside Mr Trump's levies on steel and aluminium, could lead to a 0.37 per cent increase in Australia's real gross domestic product and a 30.9 per cent increase in US demand for Australian exports. While it is unclear whether Australia could negotiate a tariff exemption, the government could take things into its own hands by removing more of its own "nuisance" levies. It has already abolished almost 500 of these tariffs, which impose high costs on businesses and generate little revenue, but the commission identified another 315 that could be urgently removed. "Australia is best served by continuing to advocate for free and fair trade - and that's exactly what we've done," Treasurer Jim Chalmers said in response to the report. Australia has been urged to push for free markets, avoid a trade war and reduce its own "nuisance" levies as the world braces for the resumption of US tariffs. While President Donald Trump's tariffs are unlikely to have a significant direct impact on Australia when he lifts a pause on reciprocal levies on August 1, the uncertainty they create could wreak havoc on living standards across the globe. Were it not for that, modelling from the Productivity Commission has found Australia could receive some benefits from US tariffs. But the federal government's independent research and advisory body has recommended Australia mitigate impacts by committing to free trade agreements, reducing some of its own tariffs and working towards open markets - offering much-needed certainty for exporters. Any retaliatory tariffs could escalate into a broader trade war, potentially exacerbating uncertainty, which the commission warned would bring "serious consequences". In 2025, economic uncertainty in Australia and across the world reached its highest level since the COVID-19 pandemic. The speed, frequency and varying scope of Mr Trump's tariffs created an environment where world trade could be transformed at any time and without warning, creating uncertainty that could slow economic activity, household consumption and investment. Of the scenarios modelled by the commission, Australia would do better under a "Liberation Day" situation where - much like the real event - Australia's exports face only the baseline tariff of 10 per cent while other countries' goods are hit with higher rates. Since Australian items are impacted by a lower rate, they would be comparatively cheaper, meaning American consumers would shift demand to Australia. Lower US demand for other countries' imports would decrease their price, reducing the cost of import inputs used in Australian production. The US tariffs would also likely lead capital to flow out of America and high-tariffed countries, benefiting other economies like Australia. This means Liberation Day tariffs, alongside Mr Trump's levies on steel and aluminium, could lead to a 0.37 per cent increase in Australia's real gross domestic product and a 30.9 per cent increase in US demand for Australian exports. While it is unclear whether Australia could negotiate a tariff exemption, the government could take things into its own hands by removing more of its own "nuisance" levies. It has already abolished almost 500 of these tariffs, which impose high costs on businesses and generate little revenue, but the commission identified another 315 that could be urgently removed. "Australia is best served by continuing to advocate for free and fair trade - and that's exactly what we've done," Treasurer Jim Chalmers said in response to the report.