PM claims he is focused on securing Trump meeting
The Prime Minister told The Australian abandoning the Pharmaceutical Benefit Scheme is off the table, as well as dismissing the AUKUS review ordered by the US.
Mr Albanese is warning the Coalition and the Greens against Senate obstruction, ahead of Parliament resuming this week.
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The Age
7 minutes ago
- The Age
Australia news LIVE: Albanese to introduce cheaper medication bill; European Union reach 15 per cent trade deal with Trump
Latest posts Latest posts 6.43am Britain warns on China, backs Australia By David Crowe Britain has vowed to 'fight together' with Australia if needed in flashpoints such as the Taiwan Strait, as it steps up its warnings about threats from China, including repression, espionage and hybrid attacks. UK Defence Minister John Healey said Britain and Australia would deter enemies together by being more ready to fight, in some of his most assertive remarks about the risks to global security. The declaration to the British media came days after Healey signed a $41 billion defence treaty with Australia to accelerate the construction of the AUKUS nuclear submarines, seen as essential to countering future trade and military threats. 6.37am Australians 'frosty' on Trump and want distance from US: new polling By Matthew Knott Australians are voicing a strong desire for the country to assert more independence from the United States amid Donald Trump's turbulent presidency, with most voters saying they do not blame Prime Minister Anthony Albanese for failing to secure a meeting with the US president. The latest Resolve Political Monitor survey of more than 2300 people, conducted for this masthead, found that most Australians continue to have strongly negative views of Trump six months after he re-entered the White House. Fewer than one in five Australian voters believe Trump's election was a good outcome for Australia. 6.33am What's making news today By Daniel Lo Surdo Hello and welcome to the national news live blog. My name is Daniel Lo Surdo, and I'll be helming our live coverage this morning. Here's what is making news today: The Albanese government will continue work to execute its election promises this week, with legislation to cap the cost of Pharmaceutical Benefits Scheme medicines at $25 on the agenda in the sitting second week of the new parliamentary term. Labor also plans to pass legislation to reduce student debts and enact childcare reform this week, after the respective draft laws were introduced in the first sitting week since the government's thumping election victory in May. The European Union have accepted a trade deal with US President Donald Trump that will impose a 15 per cent tariff on billions of dollars in exports, in an agreement that appears set to lift prices for American consumers and hurt sales for European exporters. The deal will also see the EU purchase $US750 billion worth of energy from US in the years ahead, in a move to reduce its reliance on Russian gas. Israel's military carried out airdrops of aid in Gaza on Sunday after Israel said it would establish humanitarian corridors for United Nations aid convoys amid international pressure over mounting reports of starvation-related deaths in Gaza. The Israeli Foreign Ministry said it would introduce 'tactical pauses' to allow for aid to be distributed, and halt activity in Muwasi, Deir al-Balah and Gaza City from 10am to 8pm every day until further notice. Australian Oscar Piastri has extended his F1 championship lead after winning the Belgian Grand Prix in a rain-interrupted race at Spa-Francorchamps overnight. Piastri started second on the grid but overtook McLaren teammate Lando Norris early in the race and held his nerve to finish atop the podium. Norris and Ferrari's Charles Leclerc joined Piastri on the dais in Belgium.
Sydney Morning Herald
7 minutes ago
- Sydney Morning Herald
Australia news LIVE: Albanese to introduce cheaper medication bill; European Union reach 15 per cent trade deal with Trump
Latest posts Latest posts 6.43am Britain warns on China, backs Australia By David Crowe Britain has vowed to 'fight together' with Australia if needed in flashpoints such as the Taiwan Strait, as it steps up its warnings about threats from China, including repression, espionage and hybrid attacks. UK Defence Minister John Healey said Britain and Australia would deter enemies together by being more ready to fight, in some of his most assertive remarks about the risks to global security. The declaration to the British media came days after Healey signed a $41 billion defence treaty with Australia to accelerate the construction of the AUKUS nuclear submarines, seen as essential to countering future trade and military threats. 6.37am Australians 'frosty' on Trump and want distance from US: new polling By Matthew Knott Australians are voicing a strong desire for the country to assert more independence from the United States amid Donald Trump's turbulent presidency, with most voters saying they do not blame Prime Minister Anthony Albanese for failing to secure a meeting with the US president. The latest Resolve Political Monitor survey of more than 2300 people, conducted for this masthead, found that most Australians continue to have strongly negative views of Trump six months after he re-entered the White House. Fewer than one in five Australian voters believe Trump's election was a good outcome for Australia. 6.33am What's making news today By Daniel Lo Surdo Hello and welcome to the national news live blog. My name is Daniel Lo Surdo, and I'll be helming our live coverage this morning. Here's what is making news today: The Albanese government will continue work to execute its election promises this week, with legislation to cap the cost of Pharmaceutical Benefits Scheme medicines at $25 on the agenda in the sitting second week of the new parliamentary term. Labor also plans to pass legislation to reduce student debts and enact childcare reform this week, after the respective draft laws were introduced in the first sitting week since the government's thumping election victory in May. The European Union have accepted a trade deal with US President Donald Trump that will impose a 15 per cent tariff on billions of dollars in exports, in an agreement that appears set to lift prices for American consumers and hurt sales for European exporters. The deal will also see the EU purchase $US750 billion worth of energy from US in the years ahead, in a move to reduce its reliance on Russian gas. Israel's military carried out airdrops of aid in Gaza on Sunday after Israel said it would establish humanitarian corridors for United Nations aid convoys amid international pressure over mounting reports of starvation-related deaths in Gaza. The Israeli Foreign Ministry said it would introduce 'tactical pauses' to allow for aid to be distributed, and halt activity in Muwasi, Deir al-Balah and Gaza City from 10am to 8pm every day until further notice. Australian Oscar Piastri has extended his F1 championship lead after winning the Belgian Grand Prix in a rain-interrupted race at Spa-Francorchamps overnight. Piastri started second on the grid but overtook McLaren teammate Lando Norris early in the race and held his nerve to finish atop the podium. Norris and Ferrari's Charles Leclerc joined Piastri on the dais in Belgium.
7NEWS
7 minutes ago
- 7NEWS
Albanese government pushes forward with prescription medicine cap at $25
Medicines listed on the Pharmaceutical Benefits Scheme (PBS) will be capped at $25 per prescription from the start of 2026, down from the current $31.60, with the Albanese government to introduce laws confirming the changes this week. The major federal election promise will also see the price of PBS scripts frozen at its current level of $7.70 for pensioners until 2030. The changes will cost taxpayers $200 million per year, but are likely to be popular with voters. The Coalition matched the policy during the election and is likely to see the bill pass through parliament relatively quickly. However, Labor used the policy during the federal campaign in April and May to run a scare campaign accusing Peter Dutton and the Opposition of being 'Trump-Lite' and wanting a US style health system. The Prime Minister, Anthony Albanese, says: 'The size of your bank balance shouldn't determine the quality of your healthcare'. 'We said we would make cheaper medicines even cheaper - that is exactly what we are doing,' Albanese said. 'This is another example of cost of living relief that helps every Australian. The Health Minister, Mark Butler, says the last time PBS medicines cost no more than $25 was 2004 – more than 20 years ago. 'The Albanese Government has been focused on delivering cheaper medicines for Australians,' Butler said. 'Cheaper medicines are good for the hip pocket and good for your health.' The Albanese Government has started the first two sitting weeks of its second term trying to keep the focus on its election promises. Last week it introduced bills to cut HECS debt by 20 percent, entrench penalty rates in workplace agreements, and safety reforms for the childcare sector.
