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Why does the U.S. want Australia to have guided missiles and nuclear subs?

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Australia will be part of an expanded US industrial base, as Washington promises to help Canberra build guided missiles within two years. What will this mean for regional security?

 
Australia will be given access to advanced manufacturing techniques from the United States, so it can build its own guided missiles.

It’s one of the big ticket items to come from recent talks in Brisbane between visiting Secretaries of Defence and State with their Aussie counterparts.

The new cooperation on guided weapon production follows a trilateral partnership announcement in March that will see Britain provide Australia with a fleet of eight submarines powered by U.S. nuclear technology.

This all comes despite Australia and the US trying to build closer relations with Beijing – at least they’re now talking.

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Knowing when to walk away in real estate deals

Real estate expert shares insights on advocacy, client trust, and knowing when to walk away from potential property deals

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Real estate expert shares insights on advocacy, client trust, and knowing when to walk away from potential property deals

In Short:
– Walking away can be smarter than winning every real estate deal.
– Orium & Co prioritises client needs, offering guidance through emotional property decisions.
In real estate, knowing when to walk away can be wiser than striving to win every deal. On this episode of The Property Playbook, host Tim Graham is joined by Lisa Britcliff, co-founder of Orium & Co, to focuses on client-first advocacy in real estate.
Lisa’s team has over 40 years of experience guiding clients through significant transitions like divorce or loss, offering support beyond mere transactions.
Orium & Co aims to be genuinely client-led, helping clients navigate complex real estate decisions by leveraging extensive industry knowledge and a robust network of agents across Melbourne.Download the Ticker app

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US government reopens amid unresolved political divisions

US government reopens after record shutdown, yet deep political rifts and funding uncertainties linger

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US government reopens after record shutdown, yet deep political rifts and funding uncertainties linger

In Short:
– U.S. government reopens after 43-day shutdown, causing disruption and unpaid federal workers.
– Political divisions persist, with unresolved issues and nearly equal blame for the shutdown on both parties.
The U.S. government is set to reopen following the longest shutdown in history, lasting 43 days.

This shutdown disrupted air travel and food assistance, leaving over 1 million federal workers unpaid.Political divisions remain despite the funding package allowing the government to resume operations. Republican President Donald Trump’s administration continues to challenge Congress on financial matters, and unresolved health subsidies remain a key issue.

Discontent within the Democratic Party is evident, as moderates and liberals disagree on how to handle Trump’s presidency.

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Federal employees affected by the shutdown will receive back pay, with payments expected to be completed by Wednesday. While Trump’s administration previously threatened to withhold pay, there are no current indications of this. The deal reached ensures that federal jobs safeguarded during the shutdown are maintained.

Air Travel Normalises

Air traffic is returning to normal after significant disruption during the shutdown.

The Department of Homeland Security announced bonuses for security screeners who worked extra shifts. State funding for food aid programs will be restored shortly, assisting millions of Americans dependent on these resources.

Polling reveals nearly equal blame for the shutdown is placed on both political parties. Upcoming funding decisions pose the threat of repeating the shutdown cycle as concerns about national debt persist.


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Markets brace as U.S. government reopens ahead of key Fed signals

U.S. government funded through January; traders anxious amid economic data delays and potential December rate cut.

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U.S. government funded through January; traders anxious amid economic data delays and potential December rate cut.


The U.S. government is funded through January, averting another shutdown for now, but economic data delays and shifting Fed expectations are keeping traders on edge.

Markets now price in a 64% chance of a December rate cut as officials deliver crucial speeches this week.

#USMarkets #FederalReserve #GovernmentShutdown #InterestRates #USEconomy #WallStreet #Inflation #Treasury #FinanceNews #GlobalMarkets


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