A contract for the Navy’s $10 billion Mogami warship program will be ‘signed’ this weekend — but figures close to the project claim it was already quietly inked by officials last month.
LATIKA M BOURKE: Defence Minister Richard Marles should swap his glass jaw for a little Teflon coating because the defence spending boost looks like catch-up, on delay.
NEW YORK TIMES: Trump has lashed out at enemies, allies and even the Pope, and made it harder for Republicans to keep the focus on economic issues in a midterm election year.
French Trade Minister says brutal tectonic shifts in the global order caused by Donald Trump and China have forced it to dump the country’s concerns over beef and pursue critical minerals as a priority.
Anthony Albanese has dodged questions about whether he’s sought clarification from the Trump administration about the ongoing criticism over Australia’s role in the Strait of Hormuz.
Treasurer Jim Chalmers has shared new details about if Australia could be plunged into recession as a result of the deepening oil crisis amid slower economic growth and higher inflation.
The US President has criticised Australia for not supplying military support in the Strait of Hormuz, saying: ‘They were not there when we asked them to be.’
Core inflation could hit peak COVID-19 pandemic levels, with up to five Reserve Bank rate hikes, if the Middle East crisis isn't resolved soon, analysts warn.