The PM assures regional leaders AUKUS does not pose a nuclear proliferation risk; Biden says the US government ‘will do whatever is needed’ to protect depositors from the collapse of SVB. Follow updates here.
– former prime minister Scott Morrison tasks defence officials to look into feasibility of acquiring nuclear-powered submarines after doubts over the French contract.May 2021
– Morrison presents AUKUS proposal to full national security committee and is given permission to approach US and UK leaders with an official government policy.– Morrison meets with US President Joe Biden and then UK prime minister Boris Johnson on the sidelines of the G7 and agree to an in-principle deal.– The deal is publicly unveiled, with Morrison announcing it in Canberra flanked by TV screens of the US and UK leaders.
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