logo
Labor is unwilling to do a ‘deal for deal's sake' with the US

Labor is unwilling to do a ‘deal for deal's sake' with the US

Sky News AU2 days ago
Former Australian ambassador to the US Arthur Sinodinos says the Albanese government is unwilling to "do a deal for a deal's sake" with the Trump administration to get exemptions from tariffs.
"The government is not rushing to do a deal for a deal's sake, they have been wanting to do a deal for free trade with the US but not on terms which were disadvantageous for us, so that's the stage I think we've reached," Mr Sinodinos told Sky News Australia.
"Probably at the moment, at 10 per cent, I think we can live with that"
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Japan government quells concerns over frigates
Japan government quells concerns over frigates

Sky News AU

time33 minutes ago

  • Sky News AU

Japan government quells concerns over frigates

Japan Defence Minister Gen Nakatani has given the Australian government a public push as it seeks to sell Australia on the benefits of a fleet of its frigates. Japan is worried conflict in the region could see it lose access to Australian minerals and resources. The Defence Minister's comments are intended to quell doubts in Canberra, as Japan's major shipbuilder lacks the experience to deliver 11 fighting frigates for Australia.

National News LIVE: Shock rate decision reaction; Medicinal cannabis crackdown; Bungle that caused mushroom murder havoc
National News LIVE: Shock rate decision reaction; Medicinal cannabis crackdown; Bungle that caused mushroom murder havoc

The Age

timean hour ago

  • The Age

National News LIVE: Shock rate decision reaction; Medicinal cannabis crackdown; Bungle that caused mushroom murder havoc

Posts area Latest posts Latest posts 7.03am Shock reserve bank decision hits ASX By Emily Kowal and Shane Wright The Australian sharemarket is set to slide on opening following the Reserve Bank's surprise decision to hold interest rates steady, a move that caught many traders and economists off guard. Yesterday, the Reserve Bank shocked experts (and many homeowners) when it announced it would not cut rates. It was the first time in the bank's history that a vote on a rate decision was made public, revealing a split between those who wanted to stick at 3.85 per cent and those who believe more relief is needed due to easing inflation pressures and the threat posed by the Trump tariff agenda. Governor Michele Bullock said while the bank did not cut rates on Tuesday, further rate relief was likely, with the outcome of the June quarter inflation report – released at the end of the month – the key factor. 'The decision today … was about timing rather than direction,' she said. Treasurer Jim Chalmers said people would be disappointed that the bank had not cut rates. 'There will be millions of Australians around the country who were desperately hoping for more rate relief today, in addition to the two rate cuts that we've already seen over the last five months,' he said. 6.55am Why a major Sydney university has stripped students of their degrees By Christopher Harris To some news in Sydney. Students at the state's biggest university have been caught submitting fraudulent admissions documents, using fake medical certificates to get assignment extensions and increasingly misusing artificial intelligence, with more than 3000 breaches of its academic integrity policy recorded last year. There were more than 1000 cases where University of Sydney students were issued a fail grade for an entire subject after being caught cheating, while 13 graduates were stripped of their degree after the university discovered they had committed fraud, its annual report on misconduct said. 'The university has seen an increase of fraud, in particular, students submitting fraudulent medical certificates in support of their special considerations application, but also the increase of contract cheating in combination with the misuse of artificial intelligence,' it said. Read the full story by Christopher Harris here. 6.50am Over a million Australians have been prescribed medical cannabis. Now, regulators are cracking down By Angus Thomson Patients in emergency departments with cannabis-induced psychosis, consults lasting less than a minute and doctors who have issued more than 10,000 scripts in six months are among the cases that have prompted Australia's alarmed healthcare watchdog to announce clearer guidelines for the booming medicinal cannabis industry. The Australian Health Practitioner Regulation Agency (AHPRA) on Wednesday released guidance for doctors prescribing medicinal cannabis products amid what it described as poor prescribing practice and surging patient demand. 6.44am What's making news today By Emily Kowal Good morning and welcome to the national news blog. My name is Emily Kowal, and I will be helming our live coverage this morning. It's Wednesday, July 9. Let's jump into it.

National News LIVE: Shock rate decision reaction; Medicinal cannabis crackdown; Bungle that caused mushroom murder havoc
National News LIVE: Shock rate decision reaction; Medicinal cannabis crackdown; Bungle that caused mushroom murder havoc

Sydney Morning Herald

timean hour ago

  • Sydney Morning Herald

National News LIVE: Shock rate decision reaction; Medicinal cannabis crackdown; Bungle that caused mushroom murder havoc

Posts area Latest posts Latest posts 7.03am Shock reserve bank decision hits ASX By Emily Kowal and Shane Wright The Australian sharemarket is set to slide on opening following the Reserve Bank's surprise decision to hold interest rates steady, a move that caught many traders and economists off guard. Yesterday, the Reserve Bank shocked experts (and many homeowners) when it announced it would not cut rates. It was the first time in the bank's history that a vote on a rate decision was made public, revealing a split between those who wanted to stick at 3.85 per cent and those who believe more relief is needed due to easing inflation pressures and the threat posed by the Trump tariff agenda. Governor Michele Bullock said while the bank did not cut rates on Tuesday, further rate relief was likely, with the outcome of the June quarter inflation report – released at the end of the month – the key factor. 'The decision today … was about timing rather than direction,' she said. Treasurer Jim Chalmers said people would be disappointed that the bank had not cut rates. 'There will be millions of Australians around the country who were desperately hoping for more rate relief today, in addition to the two rate cuts that we've already seen over the last five months,' he said. 6.55am Why a major Sydney university has stripped students of their degrees By Christopher Harris To some news in Sydney. Students at the state's biggest university have been caught submitting fraudulent admissions documents, using fake medical certificates to get assignment extensions and increasingly misusing artificial intelligence, with more than 3000 breaches of its academic integrity policy recorded last year. There were more than 1000 cases where University of Sydney students were issued a fail grade for an entire subject after being caught cheating, while 13 graduates were stripped of their degree after the university discovered they had committed fraud, its annual report on misconduct said. 'The university has seen an increase of fraud, in particular, students submitting fraudulent medical certificates in support of their special considerations application, but also the increase of contract cheating in combination with the misuse of artificial intelligence,' it said. Read the full story by Christopher Harris here. 6.50am Over a million Australians have been prescribed medical cannabis. Now, regulators are cracking down By Angus Thomson Patients in emergency departments with cannabis-induced psychosis, consults lasting less than a minute and doctors who have issued more than 10,000 scripts in six months are among the cases that have prompted Australia's alarmed healthcare watchdog to announce clearer guidelines for the booming medicinal cannabis industry. The Australian Health Practitioner Regulation Agency (AHPRA) on Wednesday released guidance for doctors prescribing medicinal cannabis products amid what it described as poor prescribing practice and surging patient demand. 6.44am What's making news today By Emily Kowal Good morning and welcome to the national news blog. My name is Emily Kowal, and I will be helming our live coverage this morning. It's Wednesday, July 9. Let's jump into it.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store