Latest news with #TheAustralian
Sky News AU
6 hours ago
- Business
- Sky News AU
China will 'kill' underperforming Australian economy, Peter Beattie declares, as Labor heavyweight questions tax on unrealised gains
Labor heavyweight Peter Beattie has raised concerns over the Albanese government's plan to tax unrealised gains in superannuation as he warned China would "kill" Australia's economy if it continued to underperform. The former Queensland premier spoke with The Australian on the eve of the Albanese government's economic roundtable, saying the super plan risked jeopardising investment in innovation. Catch up with all of the day's breaking news and live interviews from politicians and experts with a Streaming Subscription.
Sky News AU
14 hours ago
- Business
- Sky News AU
‘Sickening moment': Debate rages over effectiveness of Trump-Putin meeting
The Australian's Foreign Editor Greg Sheridan discusses the result of the meeting between US President Donald Trump and Russian President Vladimir Putin. 'This was really a sickening moment, I thought really perhaps the worst thing that Trump had ever done was impose tariffs on India … because India trades with Russia,' Mr Sheridan told Sky News host Andrew Bolt. 'This sadly is a reversion to the taco-Trump, Trump always chickens out … it shows the world can never get to any trade stability with Trump. 'What would a security guarantee from Trump in these circumstances be worth to Ukraine?.'
Sky News AU
14 hours ago
- Politics
- Sky News AU
‘Civilisational-wide failure': Vladimir Putin is a ‘powerful bully' amid Alaska meeting
The Australian's Foreign Editor Greg Sheridan says Russian President Vladimir Putin is a 'powerful bully'. 'Putin is a powerful bully, and Trump gives in to powerful bullies,' Mr Sheridan told Sky News host Andrew Bolt. 'Critical as I am of Trump, and I think this latest passage is one of the most despicable things I've ever seen. 'This is a civilisational-wide failure by the West.'
Straits Times
20 hours ago
- Business
- Straits Times
Australians more anxious on Trump tariffs than China, poll shows
42 per cent of respondents named US tariffs as their top concern compared with 37 per cent who cited the strategic threat from China. Australians are more worried about the Trump administration's protectionist trade policies than China's military buildup in the Asia-Pacific region, a new opinion poll showed. Some 42 per cent of respondents named US tariffs as their top concern compared with 37 per cent who cited the strategic threat from China, according to a Newspoll published on Aug 18 in The Australian. A further 21 per cent said neither bothered them, the survey conducted Aug 11 to 14 for the newspaper showed. It had a margin of error of plus or minus three percentage points. While Australia received the minimum 10 per cent levy on its exports to the US, it could still be in the firing line for sectoral tariffs on industries such as pharmaceuticals. More generally, it is heavily exposed to global trade as an export-reliant nation and could also see blowback on import duties from its largest trading partner, China. Prime Minister Anthony Albanese undertook a six-day visit to China in July that included meetings with President Xi Jinping and Premier Li Qiang in Beijing. While there, he focused heavily on boosting business and trade ties, sidestepping thornier issues around US-China competition, Taiwan and Beijing's military assertiveness. University-educated voters were more worried about US tariffs than China's military expansion, according to the survey. The results were more evenly split for those without university education, it said. On local politics, Newspoll showed Albanese's Labour Party leading the center-right coalition 56 per cent to 44 per cent, slightly up on the May 3 election result that delivered Labour 94 seats in the 150-member parliament. The prime minister's net satisfaction rating also turned positive for the first time since September 2023, it showed. BLOOMBERG
Bloomberg
a day ago
- Business
- Bloomberg
Australians More Anxious on Trump Tariffs Than China, Poll Shows
Australians are more worried about the Trump administration's protectionist trade policies than China's military buildup in the Asia-Pacific region, a new opinion poll showed. Some 42% of respondents named US tariffs as their top concern compared with 37% who cited the strategic threat from China, according to a Newspoll published Monday in The Australian. A further 21% said neither bothered them, the survey conducted Aug. 11-14 for the newspaper showed. It had a margin of error of plus or minus three percentage points.
