News

Hotly contested AUKUS alliance gains strength

The US, Australia, and UK have signed a key deal in their nuclear sub alliance

Australia’s Defence Minister Peter Dutton has signed an agreement to exchange sensitive ‘naval nuclear and propulsion information” between their nations.

The hotly contested programme will equip Australia’s navy with nuclear-powered submarines in a new defence alliance with Britain and the US.

It’s the first agreement on the technology to be publicly signed since the three countries announced the alliance in September.

The AUKUS agreement has angered China

AUKUS seeks to confront tensions in the Pacific where conflict between China and the U-S is growing.

Under the deal Australia will obtain eight nuclear-powered submarines that are capable of long-range missions.

The communist nation has labeled it an “extremely irresponsible” threat to stability in the region.

Up next
Is Australia’s economy being held hostage by the housing market?

Australia’s growing dependence on property is raising questions about the long-term strength of the economy, with housing affordability.

Read the story →
Ticker Today takes a daily view of the world of news, politics and business.With Ahron YoungWhisky & Suits explores law, property finance and business over fine whisky.With Imran Khan and Chris ChristofiThe Founders Method explores practical lessons and systems for entrepreneursWith Jonathan Byrt and Jesse LeeworthyThe Connector explores property and urban growth across Australia and the UK.With Belinda CoateThe Property Playbook delivers research-led insights for property investors.With Tim Graham and Terry RyderState of Hospitality explores the challenges facing Australia's hospitality.With Jeremy KoadlowBuying Power helps young professionals enter property and build lasting wealth.With Victor and Reshmi KumarThe Airport Economist explores global trade, business and economic outlooks.With Tim HarcourtMedia Movers explores the trends shaping Australia's media and global news.With James ManningBroker Business explores strategies to build, grow and sustain a business.With Rex AfrasiabiMoney Matters explores practical financial strategies to build lasting wealth.With Dr Steven EnticottBeyond Education explores the ideas and technology shaping future learning.With Greg CampitelliTicker Air explores the latest aviation news, travel trends and developments.With Ahron YoungEarly Years Dialogue explores the issues shaping Australia's early learning.With Paul MondoMarkets and Machines explores AI, regulation and trends shaping the markets.With Chris BergSocial Intelligence explores how social media and AI transform our daily lives.With Dr Karen SutherlandThe AI Edge explores how artificial intelligence reshapes the world economy.With Brad Gastwirth

More from Ticker

Watch

More in News

View all →