Anthony Albanese expresses optimism about securing an exception from Donald Trump's metal tariffs, emphasizing the unique economic relationship between Australia and the United States. Meanwhile, the government faces pressures regarding rising healthcare costs and declining research and innovation investment. The Health Minister has challenged private health insurers to propose more 'reasonable' premium increases, while a panel warns that Australia risks falling behind in global competitiveness due to insufficient R&D.
Anthony Albanese is remaining positive about the hope of an exception from Donald Trump's metal tariffs.has given the private health insurers a deadline of early next week to hand back it's proposed premium increases.
"I have written back to some of the insurers only, I think very late last week from memory, asking them to resubmit their applications for premium rises for 2025 from memory."I think I'll be in a position to make that decision relatively soon."Australia's future economic growth is at risk from plummeting investment in research and innovation, with big business failing to pull its weight, according to a panel appointed to review the sector.
Price says she wants to look at whether the body is feeding up grassroots information effectively enough. "We need to look at how organisations like that can also contribute to closing the gap. It's to me, it's a commonsense approach.""I wouldn't go so far as scrapping closing the gap, but understanding where the actual gap exists is, I think, the most important thing that we can do in moving forward," she said.
"Because I think I've always argued that, you know, just just being Indigenous doesn't automatically make you disadvantaged. It comes down to your circumstances. It comes it often comes down to your geographical place in Australia as well.""President Trump indicated they'd be willing to consider an exemption, because we're a bit different to some of these other countries and economies which have been President Trump's focus.
says it'll boost the borrowing power of young people, who can face reluctance from banks to give them a mortgage. "There's a lot more work to do on all of these areas, on building more homes, on helping renters, on home ownership, but I want people to see we've got a real record of achievement here," she said.was also asked for an update on the latest in the tariff saga. He repeated much of what we've already heard.
"Those issues, of course, are commercial," he says, stressing his preference is for a private sector operator to snap up the collapsed airline. The PM says many governments around the world, such as NZ, Singapore, Germany and Italy, have a stake in airlines. Regional Express entered voluntary administration in July last year after it failed to expand its services to competitive capital city routes.
Eurobodalla Shire Council will receive over $200,000 to reseal the runway, taxiways and apron pavement and replace the apron lighting at Moruya Airport. But that's now set to change with a request from the treasurer to financial regulators to give banks new lending guidelines.
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