Outcome not timing the main game for Trump talks: PM
A positive result from a meeting with Donald Trump is more important than how soon a one-on-one with the US president can be arranged, the prime minister says.
Anthony Albanese says Australia will press the case for a total removal of US tariffs when he meets with Mr Trump.
The pair were due to come face-to-face at the G7 summit in Canada earlier in June but that opportunity was lost at the eleventh hour when the US president left early due to the Middle East conflict.
Mr Albanese has faced criticism for a lack of urgency in lining up the meeting,but he said the final result of the discussion mattered more than timing or location.
"Where the meeting takes place is less important than what comes out of the meeting, frankly, and I know there is a laser-like focus on this," he told ABC TV on Monday.
"I'd be prepared, of course, to meet with President Trump when a suitable time can be organised."
An in-person meeting could take place at the next Quad summit, the annual conference involving leaders from Australia, the US, Japan and India.
The possibility has also been floated of Mr Albanese stopping by the US in September during the next meeting of the UN General Assembly.
Mr Albanese said he would continue to press the case for a removal of all tariffs on Australian exports to the US.
"In supporting Australia's national interest, I'll continue to advocate for the best outcome possible," he said.
"I look forward to having a meeting and continuing the constructive dialogue that I have had with President Trump up to now."
Nationals deputy leader Kevin Hogan said it was "frankly embarrassing" the prime minister was yet to secure a meeting with Mr Trump.
"Resolving trade tensions - particularly tariffs affecting Australian agricultural and manufactured exports - must be a top priority," he said.
Tariffs of 10 per cent on all Australian exports, as well as 50 per cent for aluminium and steel products, are due to come into effect on July 9.
The UK was able to strike a deal to ensure steel and aluminium exported to the US are subject to 25 per cent levies but the federal government has called for tariffs on Australian goods to be removed altogether.
Penny Wong has flown out for Washington DC for a meeting of Quad foreign ministers, which will include talks with US Secretary of State Marco Rubio.
The one-on-one with Mr Rubio will be a key opportunity to argue for tariff removal to members of the Trump administration.
The Quad summit coincides with calls from the US for Australia to lift its defence spending to 3.5 per cent of GDP.
Australia is on track to lift its defence budget to 2.3 per cent by 2033/34, with the federal government holding firm on its spending commitments.
The prime minister said he would make the case to the US that Australia was bolstering its defence budget.
"We'll invest in whatever capability Australia needs to defend ourselves, and that is the way that you make sure that you maximise the defence of this country," he said.
"We've got significant upgrades in our defence capacity coming on board."
A positive result from a meeting with Donald Trump is more important than how soon a one-on-one with the US president can be arranged, the prime minister says.
Anthony Albanese says Australia will press the case for a total removal of US tariffs when he meets with Mr Trump.
The pair were due to come face-to-face at the G7 summit in Canada earlier in June but that opportunity was lost at the eleventh hour when the US president left early due to the Middle East conflict.
Mr Albanese has faced criticism for a lack of urgency in lining up the meeting,but he said the final result of the discussion mattered more than timing or location.
"Where the meeting takes place is less important than what comes out of the meeting, frankly, and I know there is a laser-like focus on this," he told ABC TV on Monday.
"I'd be prepared, of course, to meet with President Trump when a suitable time can be organised."
An in-person meeting could take place at the next Quad summit, the annual conference involving leaders from Australia, the US, Japan and India.
The possibility has also been floated of Mr Albanese stopping by the US in September during the next meeting of the UN General Assembly.
Mr Albanese said he would continue to press the case for a removal of all tariffs on Australian exports to the US.
"In supporting Australia's national interest, I'll continue to advocate for the best outcome possible," he said.
"I look forward to having a meeting and continuing the constructive dialogue that I have had with President Trump up to now."
Nationals deputy leader Kevin Hogan said it was "frankly embarrassing" the prime minister was yet to secure a meeting with Mr Trump.
"Resolving trade tensions - particularly tariffs affecting Australian agricultural and manufactured exports - must be a top priority," he said.
Tariffs of 10 per cent on all Australian exports, as well as 50 per cent for aluminium and steel products, are due to come into effect on July 9.
The UK was able to strike a deal to ensure steel and aluminium exported to the US are subject to 25 per cent levies but the federal government has called for tariffs on Australian goods to be removed altogether.
Penny Wong has flown out for Washington DC for a meeting of Quad foreign ministers, which will include talks with US Secretary of State Marco Rubio.
The one-on-one with Mr Rubio will be a key opportunity to argue for tariff removal to members of the Trump administration.
The Quad summit coincides with calls from the US for Australia to lift its defence spending to 3.5 per cent of GDP.
Australia is on track to lift its defence budget to 2.3 per cent by 2033/34, with the federal government holding firm on its spending commitments.
The prime minister said he would make the case to the US that Australia was bolstering its defence budget.
"We'll invest in whatever capability Australia needs to defend ourselves, and that is the way that you make sure that you maximise the defence of this country," he said.
"We've got significant upgrades in our defence capacity coming on board."
A positive result from a meeting with Donald Trump is more important than how soon a one-on-one with the US president can be arranged, the prime minister says.
Anthony Albanese says Australia will press the case for a total removal of US tariffs when he meets with Mr Trump.
The pair were due to come face-to-face at the G7 summit in Canada earlier in June but that opportunity was lost at the eleventh hour when the US president left early due to the Middle East conflict.
Mr Albanese has faced criticism for a lack of urgency in lining up the meeting,but he said the final result of the discussion mattered more than timing or location.
"Where the meeting takes place is less important than what comes out of the meeting, frankly, and I know there is a laser-like focus on this," he told ABC TV on Monday.
"I'd be prepared, of course, to meet with President Trump when a suitable time can be organised."
An in-person meeting could take place at the next Quad summit, the annual conference involving leaders from Australia, the US, Japan and India.
The possibility has also been floated of Mr Albanese stopping by the US in September during the next meeting of the UN General Assembly.
Mr Albanese said he would continue to press the case for a removal of all tariffs on Australian exports to the US.
"In supporting Australia's national interest, I'll continue to advocate for the best outcome possible," he said.
"I look forward to having a meeting and continuing the constructive dialogue that I have had with President Trump up to now."
Nationals deputy leader Kevin Hogan said it was "frankly embarrassing" the prime minister was yet to secure a meeting with Mr Trump.
"Resolving trade tensions - particularly tariffs affecting Australian agricultural and manufactured exports - must be a top priority," he said.
Tariffs of 10 per cent on all Australian exports, as well as 50 per cent for aluminium and steel products, are due to come into effect on July 9.
The UK was able to strike a deal to ensure steel and aluminium exported to the US are subject to 25 per cent levies but the federal government has called for tariffs on Australian goods to be removed altogether.
Penny Wong has flown out for Washington DC for a meeting of Quad foreign ministers, which will include talks with US Secretary of State Marco Rubio.
The one-on-one with Mr Rubio will be a key opportunity to argue for tariff removal to members of the Trump administration.
The Quad summit coincides with calls from the US for Australia to lift its defence spending to 3.5 per cent of GDP.
Australia is on track to lift its defence budget to 2.3 per cent by 2033/34, with the federal government holding firm on its spending commitments.
The prime minister said he would make the case to the US that Australia was bolstering its defence budget.
"We'll invest in whatever capability Australia needs to defend ourselves, and that is the way that you make sure that you maximise the defence of this country," he said.
"We've got significant upgrades in our defence capacity coming on board."
A positive result from a meeting with Donald Trump is more important than how soon a one-on-one with the US president can be arranged, the prime minister says.
Anthony Albanese says Australia will press the case for a total removal of US tariffs when he meets with Mr Trump.
The pair were due to come face-to-face at the G7 summit in Canada earlier in June but that opportunity was lost at the eleventh hour when the US president left early due to the Middle East conflict.
Mr Albanese has faced criticism for a lack of urgency in lining up the meeting,but he said the final result of the discussion mattered more than timing or location.
"Where the meeting takes place is less important than what comes out of the meeting, frankly, and I know there is a laser-like focus on this," he told ABC TV on Monday.
"I'd be prepared, of course, to meet with President Trump when a suitable time can be organised."
An in-person meeting could take place at the next Quad summit, the annual conference involving leaders from Australia, the US, Japan and India.
The possibility has also been floated of Mr Albanese stopping by the US in September during the next meeting of the UN General Assembly.
Mr Albanese said he would continue to press the case for a removal of all tariffs on Australian exports to the US.
"In supporting Australia's national interest, I'll continue to advocate for the best outcome possible," he said.
"I look forward to having a meeting and continuing the constructive dialogue that I have had with President Trump up to now."
Nationals deputy leader Kevin Hogan said it was "frankly embarrassing" the prime minister was yet to secure a meeting with Mr Trump.
"Resolving trade tensions - particularly tariffs affecting Australian agricultural and manufactured exports - must be a top priority," he said.
Tariffs of 10 per cent on all Australian exports, as well as 50 per cent for aluminium and steel products, are due to come into effect on July 9.
The UK was able to strike a deal to ensure steel and aluminium exported to the US are subject to 25 per cent levies but the federal government has called for tariffs on Australian goods to be removed altogether.
Penny Wong has flown out for Washington DC for a meeting of Quad foreign ministers, which will include talks with US Secretary of State Marco Rubio.
The one-on-one with Mr Rubio will be a key opportunity to argue for tariff removal to members of the Trump administration.
The Quad summit coincides with calls from the US for Australia to lift its defence spending to 3.5 per cent of GDP.
Australia is on track to lift its defence budget to 2.3 per cent by 2033/34, with the federal government holding firm on its spending commitments.
The prime minister said he would make the case to the US that Australia was bolstering its defence budget.
"We'll invest in whatever capability Australia needs to defend ourselves, and that is the way that you make sure that you maximise the defence of this country," he said.
"We've got significant upgrades in our defence capacity coming on board."
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Sydney Morning Herald
22 minutes ago
- Sydney Morning Herald
ASX set to dip, Wall Street edges higher; $A jumps
US stocks are adding to their records on Monday as Wall Street nears the finish of a second-straight winning month. The S&P 500 was 0.2 per cent higher in its first trading after completing a stunning rebound from its springtime sell-off of roughly 20 per cent. The Dow Jones was up 133 points, or 0.3 per cent and the Nasdaq composite was 0.2 per cent higher. The Australian sharemarket is set to edge lower, with futures at 5am AEST pointing to a slip of 2 points at the open. The ASX added 0.3 per cent on Monday to wrap up the best financial year for the index since the pandemic. The Australian dollar is stronger. It was 0.8 per cent higher at 65.79 US cents at 5.11am. US stocks got a boost after Canada said it's rescinding a planned tax on US technology firms and resuming talks on trade with the United States. On Friday, US President Donald Trump had said he was suspending talks with Canada because of his anger with the tax, which he called 'a direct and blatant attack on our country.' One of the main reasons US stocks came back so quickly from their springtime swoon has been hope that Trump will reach deals with other countries to lower his stiff proposed tariffs. Otherwise, the fear is that trade wars could stifle the economy and send inflation higher. Many of Trump's announced tariffs are currently on pause, and they're scheduled to kick back into effect in a little more than a week. Loading In an interview with Fox News Channel's Sunday Morning Futures, Trump said his administration will notify countries that the trade penalties will take effect unless there are deals with the United States. Letters will start going out 'pretty soon' before the approaching deadline, he said. The US stock market being back at a record high could raise the risk of renewed escalations on tariffs, according to strategists at Deutsche Bank led by Parag Thatte and Binky Chadha. They point to the pattern in 2018 and 2019 of rallies for the market prompting escalations for tariffs, which then drove market pullbacks followed by relents on tariffs that then sparked rallies again.
The Age
22 minutes ago
- The Age
ASX set to dip, Wall Street edges higher; $A jumps
US stocks are adding to their records on Monday as Wall Street nears the finish of a second-straight winning month. The S&P 500 was 0.2 per cent higher in its first trading after completing a stunning rebound from its springtime sell-off of roughly 20 per cent. The Dow Jones was up 133 points, or 0.3 per cent and the Nasdaq composite was 0.2 per cent higher. The Australian sharemarket is set to edge lower, with futures at 5am AEST pointing to a slip of 2 points at the open. The ASX added 0.3 per cent on Monday to wrap up the best financial year for the index since the pandemic. The Australian dollar is stronger. It was 0.8 per cent higher at 65.79 US cents at 5.11am. US stocks got a boost after Canada said it's rescinding a planned tax on US technology firms and resuming talks on trade with the United States. On Friday, US President Donald Trump had said he was suspending talks with Canada because of his anger with the tax, which he called 'a direct and blatant attack on our country.' One of the main reasons US stocks came back so quickly from their springtime swoon has been hope that Trump will reach deals with other countries to lower his stiff proposed tariffs. Otherwise, the fear is that trade wars could stifle the economy and send inflation higher. Many of Trump's announced tariffs are currently on pause, and they're scheduled to kick back into effect in a little more than a week. Loading In an interview with Fox News Channel's Sunday Morning Futures, Trump said his administration will notify countries that the trade penalties will take effect unless there are deals with the United States. Letters will start going out 'pretty soon' before the approaching deadline, he said. The US stock market being back at a record high could raise the risk of renewed escalations on tariffs, according to strategists at Deutsche Bank led by Parag Thatte and Binky Chadha. They point to the pattern in 2018 and 2019 of rallies for the market prompting escalations for tariffs, which then drove market pullbacks followed by relents on tariffs that then sparked rallies again.
Sky News AU
27 minutes ago
- Sky News AU
Australia 'lagging' behind insufficient 1.2 million new homes target, REA Group senior economist Anne Flaherty declares
Aussies desperate to break into the nation's housing market have been delivered a devastating reality check as Labor attempts to boost housing supply. The Albanese government has promised to build 1.2 million new homes by 2029. However, construction efforts in Australia have not matched up to the target which are also insufficient to meet the nation's housing needs, REA Group senior economist Anne Flaherty said. 'We are lagging,' Ms Flaherty said on Business Now. 'There are some positive signs that things are picking up a bit but if we continue on the trajectory that we're already on, we're looking at around a 20 per cent shortfall in the government's target of 1.2 million houses or homes. 'I should add to that … (Labor's) 1.2 million new homes is really what we need to keep the ratio of supply of homes to the population steady from where we are. 'With population growth continuing to outpace forecasts, that's likely to mean that this 1.2 million new homes - which we are unlikely to achieve - would already be below what we would actually need.' Ms Flaherty's warning comes as recent figures from the Australian Bureau of Statistics showed the nation is falling well short of its 1.2 million new home goal. If the government were to achieve its target, it would need to ensure 240,000 are built each year. However, ABS figures show that since the Housing Accord began in July 2024, only about 90,000 new dwellings have been completed. There were 90,136 houses built from July to December 2024 under the Albanese government, almost the same amount delivered by the Morrison government over the same period in 2021. The National Housing Supply and Affordability Council has projected the government will fall short of its target by more than 250,000 homes—or roughly 20 per cent. In separate findings, the ABS found that younger Aussies are struggling more to get their foot in the door of the housing market compared to previous generations. About half (55 per cent) of Millennials are homeowners, whereas 66 per cent of Baby Boomers were homeowners at the same age. In 1984, the average Australian could buy a home that cost 3.3 times their annual income, while in 2025, the average person faces house prices 10 times their annual pay packet. In the lead up to the 2025 Federal Election, both major parties put the nation's housing crisis under the microscope. Labor pledged $10b to build 100,000 homes exclusively for first home buyers and promised to guarantee mortgages for homeowners that can put down a five per cent deposit. The Coalition said it would allow home buyers to take upwards of $50,000 out of their super to put towards a down payment and vowed to unlock 500,000 new homes through $5b of investment in essential infrastructure.
