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Britain's strategic priorities have changed. Australia must take note

Britain's strategic priorities have changed. Australia must take note

Last Monday, the British government formally launched its new National Security Strategy. Publication of the much-anticipated document came on the heels of the NATO summit a fortnight earlier, at which Britain, along with all other NATO members (except Spain) pledged to lift their defence spending to 5 per cent of GDP by 2034. Given domestic pressures on the budget in Britain and other NATO countries, that is probably unachievable. Nevertheless, there is now bipartisan agreement in the UK on an urgent need to significantly elevate defence spending over the coming decade. The National Security Strategy is premised on that expectation.
With Anthony Albanese visiting China this week, and as we await the outcome of the Colby review of AUKUS, Australian eyes are rightly focused on Beijing and Washington. Why should strategic decisions made in London matter to Australia?
The United Kingdom has long been, second only to the United States, our most important strategic partner: through the Five Eyes security network, the Five Power Defence arrangements, and now through AUKUS itself. This has also been our most longstanding military and intelligence relationship and – at a time of American unpredictability – our most reliable one.
A significant reorientation of the foreign policy of such an important ally – particularly when it involves a change of its approach to our region – matters a great deal.
The launch of the National Security Strategy coincided with the first anniversary of the election of Sir Keir Starmer's Labour government. Starmer's landslide victory, after a campaign in which he made himself the smallest possible target, was overwhelmingly driven by public contempt for what had become a comically dysfunctional Conservative government. Starmer's one-word slogan 'Change' captured the public mood but, in its very vacuousness, also demonstrated how anaemic Labour's offering was. The only message: 'We're not them.'
Domestically, Starmer has had a miserable first year. The economy is in an even worse condition than it was when he was elected; capital is fleeing in the face of punitive taxes; the number of illegal arrivals across the English Channel has exploded to 44,000 on Labour's watch. As his government marked its first anniversary, a backbench revolt forced it to abandon reforms to the welfare system, leading to a £5 billion fiscal hole which will undoubtedly be filled with yet higher taxes, accelerating the capital flight. It all has a very retro, 1970s feel.
The abysmal state of the nation is, naturally, reflected in opinion polls: Labour's support has collapsed to 23.9 per cent, nearly five points behind Nigel Farage's insurgent Reform Party. While the Tories remain a joke, Labour is already being seen as a failed experiment.
Yet amidst the domestic gloom, foreign policy has, to the surprise of many, emerged as Starmer's strong suit. What has stood out, in particular, has been his deft handling of Donald Trump – a feat that has eluded most world leaders. On Friday, it was announced that Trump will visit Scotland next month, where he will combine the opening of a new golf course with a bilateral meeting with Starmer. Then, later in the year, he will be flattered by the panoply of a full State visit, at the invitation of King Charles. Two visits in six months (plus an early and successful visit by Starmer to the White House) is pretty effective diplomacy. Some prime ministers can't even get a meeting.
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Anthony Albanese's major iron ore pitch to Chinese steelmakers

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Albo flaunts Aussie iron amid China fears

In a display of classic supply and demand salesmanship, Anthony Albanese will flaunt Australian iron ore at a roundtable with China's biggest steelmakers on Monday. The country's behemoth construction industry has slowed in recent years, fuelling fears a downturn in steel production could smash demand for Australian iron ore and threaten jobs as well as the national bottom-line. Both countries have also committed to cleaning up big polluting industries in line with their broader climate goals. With Australia the world's largest iron ore producer and China Australia's top customer, the Prime Minister will make the case for closer co-operation. 'I'm pleased to be here for an important discussion between Australian iron ore miners and Chinese steelmakers,' Mr Albanese will tell the roundtable, according to speech extracts seen by NewsWire. Prime Minister Anthony Albanese will speak with China's biggest steelmakers at a roundtable on Monday. Joseph Olbrycht-Palmer / NewsWire Credit: News Corp Australia 'Australia and China's iron ore and steel sector partnership has contributed to both countries' economic development for decades. 'Australian miners are reliable and stable suppliers of iron ore, responsible for almost 60 per cent of China's iron ore imports. 'That iron ore goes into Chinese steel production which accounts for over 50 per cent of global supply.' BHP, Hancock, Rio Tinto and Fortescue will all be seated at the roundtable, with Twiggy Forrest among the executives showing up. Nearly 145,000 Australians work in the metal ore mining industry, according to the latest official figures. In 2024, iron ore exports alone were worth north of $150bn. But it is a dirty business in a world scrambling for greener options. 'Steelmaking value chains are also responsible for 7 to 9 per cent of global emissions,' Mr Albanese will say. 'Achieving the goals of the Paris Agreement will require the decarbonising of steel value chains, presenting an opportunity for Australia and China to progress our long-term economic interests.' Mr Albanese will raise the 'challenges' of steel decarbonisation, but aim to reassure both the Australian mining chiefs and the Chinese steel bosses that Australia is willing to front up the cash investments and tweak policies. The Prime Minister will tell industry leaders the challenge of decarbonisation presents an opportunity for the Australia-China relationship. PMO via NewsWire Credit: News Corp Australia 'What we need are enabling policy environments, extensive investments in research to develop new technologies, and collaboration across academia, industry and government,' he will say. 'Australia and China each have major stakes in how the decarbonisation efforts develop. 'As both countries co-operate to advance decarbonisation, we also need to work together to address global excess steel capacity. 'It is in both countries' interests to ensure a sustainable and market-driven global steel sector.' Later on Monday, Mr Albanese will have a lunch with Australian and Chinese business leaders. Both roundtables are key parts of his six-day diplomatic and big business blitz in China. Against a backdrop of an increasingly militaristic regional rivalry with Beijing, Mr Albanese has been keen to reframe the bilateral relationship in friendlier terms, such as tariff-free trade.

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