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

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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.

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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US–China trade talks are a handshake, not a deal

Trump and Xi unofficially extend tariff truce, with US concessions and Chinese commitments on soybeans, fentanyl, and rare earths.

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Trump and Xi unofficially extend tariff truce, with US concessions and Chinese commitments on soybeans, fentanyl, and rare earths.


Presidents Trump and Xi extend their tariff truce in an informal meeting, with US cuts and Chinese promises on soybeans, fentanyl, and rare earths.

Steve Gopalan from SkandaFX cautions this is unofficial and deeper issues between the two super powers remain.

#USChina #TradeTruce #Tariffs #GlobalMarkets #Soybeans #RareEarths #UnofficialDeal #TickerNews


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Markets cautious as rate cut hopes fade

Central banks ease rate cut hopes amid inflation and wobbling tech stocks; markets adjust to Fed’s new stance.

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Central banks ease rate cut hopes amid inflation and wobbling tech stocks; markets adjust to Fed’s new stance.


Central banks pull back on rate cut expectations as tech stocks wobble and inflation pressures persist. Markets adjust cautiously to the Fed’s new tone.

#Markets #Fed #InterestRates #Inflation #TechStocks #CapitalMarkets #TickerNews #Economy #FinancialUpdate


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Trump and Xi strike temporary trade truce after six years

Trump and Xi establish temporary trade truce, reducing tariffs and enhancing U.S. exports amid lingering economic tensions.

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Trump and Xi establish temporary trade truce, reducing tariffs and enhancing U.S. exports amid lingering economic tensions.


President Donald Trump and Chinese leader Xi Jinping have agreed to a temporary trade truce, cutting tariffs and boosting U.S. exports.

Analysts remain cautious, warning deep economic divides still linger.

#Trump #XiJinping #TradeDeal #USChinaRelations #Tariffs #GlobalTrade #Economy #Soybeans #RareEarths #TickerNews


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