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Australia’s defence minister says no to U.S. subs down under

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3 years ago

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Australia's defence minister

Australia’s defence minister says no to permanently basing U.S. subs down under, welcomes greater military presence

Australia’s Defence Minister Richard Marles has welcomed greater U.S. military presence in the nation, but has ruled out the possibility of having a permanent home for American submarines.

Marles is in Washington, meeting with his U.S. counterpart, Defence Secretary, Lloyd Austin.

Earlier, Marles made a visit to a nuclear submarine manufacturing yard in New England.

It follows speculation the Australian government may have been considering allowing some American subs to have a permanent home down under.

But the defence minister has ruled out this proposition.

He says while America’s naval presence in Australia has been growing, “home porting” takes it a step further. He says this is not a position the government wants to be in at this stage.

“The trajectory of the American presence in Australia has been growing … and that’s what we would anticipate,” Marles told The Herald Sun

It comes as the two nations seek to increase their defence relationship and enhance their forces.

It’s expected Australia will soon face a so-called “capability gap” after the current fleet of Collins-powered subs is retired. The country will then have to wait for the arrival of nuclear-powered vessels.

The defence minister’s visit to Washington comes ahead of the Albanese government’s first AUSMIN defence and foreign policy talks with American officials.

Additionally, Marles and his UK and U.S. counterparts will also hold their first AUKUS trilateral meeting.

Here, details about Australia’s path to acquire nuclear-powered submarines of its own are likely to be finalised, but they will be kept secret until next year.

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William is an Executive News Producer at TICKER NEWS, responsible for the production and direction of news bulletins. William is also the presenter of the hourly Weather + Climate segment. With qualifications in Journalism and Law (LLB), William previously worked at the Australian Broadcasting Corporation (ABC) before moving to TICKER NEWS. He was also an intern at the Seven Network's 'Sunrise'. A creative-minded individual, William has a passion for broadcast journalism and reporting on global politics and international affairs.

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Senate clears Epstein files release despite White House push

Senate upholds vote to release Epstein files despite White House delay attempt; Trump signals intent to sign bill.

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4 hours ago

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November 20, 2025

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Senate upholds vote to release Epstein files despite White House delay attempt; Trump signals intent to sign bill.


The White House tried to delay a vote on the release of Justice Department files connected to Jeffrey Epstein, even as former President Trump insisted there was nothing to hide.

Despite this, the Senate approved the measure exactly as it passed the House, ignoring amendments proposed by Trump’s aides. This move clears the path for the files to be made public in full.

Trump has indicated he intends to sign the bill, marking a significant shift after the White House’s attempt to block or delay the vote proved unsuccessful. The decision could have wide-reaching implications for transparency and ongoing investigations.

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#EpsteinFiles #WhiteHouse #Trump #SenateVote #JusticeDepartment #USPolitics #Transparency #TickerNews


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Nvidia earnings shake tech stocks as ASX heads into Christmas

Nvidia’s earnings spark sharp market reactions, prompting investor concerns for tech stocks and volatility ahead of year-end trading.

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4 hours ago

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November 20, 2025

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Nvidia’s earnings spark sharp market reactions, prompting investor concerns for tech stocks and volatility ahead of year-end trading.


Markets are reacting sharply to Nvidia’s latest earnings, leaving investors questioning the future of tech stocks. Analysts are closely watching whether the results meet expectations and what it could mean for the broader market.

Joining us is David Scutt from StoneX to break down Nvidia’s post-earnings performance and its ripple effects across US and global equities. Investors are keeping a keen eye on how this could set the tone for year-end trading.

With Christmas approaching, the ASX faces a pivotal day as global risk sentiment shifts. Traders are positioning themselves for potential volatility, making it critical to understand the signals coming out of major tech earnings.

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#NvidiaEarnings #TechStocks #StockMarket #ASX #GlobalMarkets #Investing #MarketUpdate #TickerNews


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Tech stocks on edge ahead of Nvidia

Nvidia’s earnings report could impact tech sector trends, prompting analysis of profit-taking versus deeper market concerns.

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1 day ago

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November 19, 2025

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Nvidia’s earnings report could impact tech sector trends, prompting analysis of profit-taking versus deeper market concerns.


With Nvidia’s crucial earnings on deck, expectations are sky-high and the outcome could set the tone for the entire tech sector.

Chris Weston from Pepperstone breaks down whether this rotation signals simple profit-taking or deeper market concerns.

#TechStocks #Nvidia #Markets #Investing #FinanceNews


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