Australia news live: Turnbull warns of ‘very, very high’ risks in Aukus subs plan

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Australia news live: Turnbull warns of ‘very, very high’ risks in Aukus subs plan
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Australia news live: Marles defends Aukus deal, voice working group to finalise advice

The minister for skills and training,is speaking to ABC News Breakfast about the energy market operator’s announcement this morning there could be shortages of gas supply this winter, extending for several years.

It’s fair to say we as a nation should have moved quicker to transform the sector in order to bring down energy – well, to provide secure and certain energy but to reduce prices.

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AUKUS: Raise bank levy to foot AUKUS billAUKUS: Raise bank levy to foot AUKUS billOPINION: Making banks hand back to taxpayers some of the profits from the special treatment Canberra gives them would be the user-pays principle in action.
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China warns Australia is going down a ‘dangerous road’ following AUKUS announcementChina warns Australia is going down a ‘dangerous road’ following AUKUS announcementChina has warned Australia is going down a “dangerous road” following the historic AUKUS announcement. Chinese officials have been lobbying the International Atomic Energy Agency to oppose the nuclear submarine deal, which Beijing says raises the risk of war. “The three countries have gone further and further down a wrong and dangerous road for their own selfish political gains,” Chinese Foreign Ministry spokesperson Wang Wenbin said. “In complete disregard of the concerns of the international community.” Commentators quoted in Chinese media were just as forthright, referring to the AUKUS agreement as an “expensive mistake”, a “time bomb for peace and stability” which turns Australia into a “US military base”.
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China warns AUKUS deal is accelerating an arms race in Australia's backyardChina warns AUKUS deal is accelerating an arms race in Australia's backyardOpposition leader Peter Dutton has called the deal a 'huge achievement', while Chinese state media has described it as an offer of 'death and destruction'.
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How Australia will pay for AUKUS submarinesHow Australia will pay for AUKUS submarinesAustralia will boost its annual defence spending by an average of 0.15 per cent of GDP annually for 30 years to cover the cost of nuclear-powered submarines.
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Australia has taken the ‘nuclear’ emphasis out of AUKUSAustralia has taken the ‘nuclear’ emphasis out of AUKUSAustralia has taken the “nuclear” emphasis out of the AUKUS deal after it has expressed the nuclear-powered subs does not mean nuclear weapons, says Sky News Washington Correspondent Annelise Nielsen. “The very clear message that these are nuclear-propulsion submarines – they will not be armed with nukes,” Ms Nielsen told Sky News Australia. “The nuclear load not being created within Australia – that's quite significant when it comes to our nuclear non-proliferation agreements.”
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