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Is Australia putting “too many trading eggs” in China’s basket?

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Australia is under pressure to impose sanctions on Chinese officials for alleged human rights abuses and follow the lead of several other western nations.

Why is Australia staying silent?

It comes after Australia’s Prime Minister Scott Morrison made a declaration that his country should join the US and “develop a best practice targeted sanctions regime.”

However, six months on from this announcement, and the Australian government is yet to pass such laws, and remains non-committal.

Natasha Kassam from the Lowy Institute says that “perhaps the Australian government is concerned about causing even more friction to a relationship that seems to get described at a new rock-bottom on a monthly basis.”

In March, the US, the European Union, the UK. and Canada enacted new laws to sanction Chinese officials involved in alleged human rights abuses in Xinjiang

“The Prime Minister doesn’t have a plan”

Australian Greens Senator Sarah Hanson-Young told Ticker News she believes the PM doesn’t have a plan when it comes to dealing with China.

Hanson-Young says there’s a huge human rights issues in China, “I think about those, the wages and the camps. I think this is just horrific.

“Australia does need to be standing up and calling out that behaviour, what’s going on in Hong Kong, the crackdown on free media and the freedom of the press. I think these are all things we need to be, of course, standing up too. But the problem is, the Prime Minister doesn’t have a plan.”

Hanson-Young says Morrison is “very knee jerk in relation to China”

Is Australia putting “too many trading eggs” in China’s basket?

Hanson-Young says “obviously it’s a very difficult issue, and it’s very difficult to thread the needle when we’ve invested so much in China as a trading partner, and probably too much.”

“We put too much of our eggs, trading eggs into China and we needed to be diversifying years ago.”

“That is starting to happen in certain commodities but not across the board. And so there is still a big need for China to be trading with Australia.

Will China agree to a minimum corporate tax rate?

In the wake of G7 member nations agreeing to a minimum global corporate tax rate, there are concerns over China’s willingness to take part.

More than 100 countries will need to agree on the new framework which will impact multinational companies, seeing these corporations taxed at least 15 percent.

Although China already has a corporate tax rate of 25 percent, there are numerous exemptions for most companies, which brings the rate well below the proposed 15 percent.

If Beijing refuses to adopt the agreement, leaders from wealthy nations worry it will be difficult to achieve wider global acceptance.

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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Australia’s new National AI Plan aims to transform the future of tech

Australia’s National AI Plan aims to make it a global leader in AI, focusing on safe, responsible innovation and workforce support.

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Australia’s National AI Plan aims to make it a global leader in AI, focusing on safe, responsible innovation and workforce support.


Australia has unveiled its ambitious National AI Plan, a blueprint designed to position the country as a global leader in artificial intelligence. The plan focuses on building smarter infrastructure, strengthening domestic capability, and encouraging innovation across a wide range of sectors.

A key priority is ensuring the safe and responsible use of AI technologies. This includes frameworks to prevent harm, attract global investment, and boost industry collaboration while unlocking opportunities for businesses and communities across the nation.

The government also aims to support and upskill Australian workers, promoting widespread adoption of AI and improving public services. The vision is to ensure every corner of the country benefits from the next wave of technological progress.

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#AustraliaAI #TechPolicy #ArtificialIntelligence #FutureOfWork #DigitalTransformation #InnovationNews #AIRegulation #TickerNews


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Stocks rebound as Bitcoin and tech surge ahead of Fed meeting

Stocks rebound as tech and bitcoin rise, fueled by optimism over potential Fed interest rate cuts.

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Stocks rebound as tech and bitcoin rise, fueled by optimism over potential Fed interest rate cuts.


Stocks bounced back today as investors cheered gains in technology shares and bitcoin. Optimism is building around a potential interest rate cut from the Federal Reserve on December 10, fueling a bullish mood in the markets.

December has historically been a strong month for equities, with the S&P 500 averaging more than a 1% gain. Analysts are watching closely as the final weeks of the year could set the tone for 2026.

For expert insights, Chris Weston from Pepperstone breaks down what investors should watch and how the market could react to the Fed’s next move.

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#Stocks #Bitcoin #TechStocks #MarketUpdate #Investing #SP500 #FederalReserve #Trading


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Kristi Noem pushes to expand U.S. travel ban amid rising security concerns

Noem calls for expanding U.S. travel ban amid security concerns following a deadly shooting, citing risks from additional countries.

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Noem calls for expanding U.S. travel ban amid security concerns following a deadly shooting, citing risks from additional countries.


Homeland Security Secretary Kristi Noem is calling for a major expansion of the U.S. travel ban, arguing that more countries are sending dangerous migrants into the United States. Her proposal would widen the list from 19 to as many as 30 nations, although the exact countries have not been named.

The push follows a deadly shooting in Washington that killed a young Army specialist and left another critically injured. Noem says the attack highlights growing national security gaps.

The conversation is now shifting to how the U.S. evaluates travel risks and the broader political consequences.

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#KristiNoem #TravelBan #USPolitics #HomelandSecurity #MigrationPolicy #BreakingNews #USBorder #TickerNews


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