City Canberra Financial News

Qantas chief executive Alan Joyce has been summoned to Canberra to appear before a parliamentary cost of living inquiry, as pressure mounts on the national carrier about competition in domestic and international aviation.

The impact of Trump 2.0: The year saw a stark turn in US engagement, with Trump’s approach to the Indo-Pacific characterized by unpredictability at best and rent-seeking at worst.The recently-released US National Security Strategy was emblematic of this ambiguity, prioritizing quid pro quo ties over legacy commitments and the use of muscular rhetoric while offering little doctrinal clarity.This has sent out mixed signals on China, as its deterrence rhetoric coexists with policy fuzziness and even deference in some parts, with US partners struggling to identify US thresholds for action, particularly on high-stakes issues such as Taiwan.Despite the rhetorical turbulence emanating from Washington, alliance architectures did not collapse, although they didn’t sprint forward either.Traditional security partnerships with Japan, Australia, South Korea and the Philippines have endured amid a sobering realization of the magnitude of US capabilities, particularly vis-à-vis strategic concerns about China.Nonetheless, the pace and predictability of strategic cooperation have waned, which is telling in the context of a tenuous regional landscape.Hence, although formal alliances will continue to matter, their political meaning has shifted, with partner countries less willing now to outsource strategy entirely to Washington and more inclined to shape outcomes independently, reflecting a post-‘hub-and-spokes complacency’ mindset.Similarly, multilateral formats like the Quad persisted and adapted, but the coherence of their agenda often reflected leadership from partners as much as from Washington.Initiatives such as maritime domain awareness and cooperation on critical minerals, for example, were driven more on the ground by Canberra,

Schools closed, public transport stopped – What we know about rare storm nearing Australian coastTropical Cyclone Alfred is expected to make landfall late Friday or early Saturday with the strength of a category 1 Atlantic hurricane, as it swirls west toward the city of Brisbane, home to 2.5 million people, and coastal suburbs either side.ALSO READ: Brisbane Airport cancels flights; schools closed, transport halted as storm approaches Australian coastAlfred is threatening a region that doesn’t normally experience cyclones; they typically form much further north, over warmer waters in the tropics. The delay in the storm’s arrival gave officials more time to issue warnings to anxious residents living in properties previously untested by cyclonic winds.Catch Live Updates With MintCyclone Alfred LIVE Updates: Prime minister Anthony Albanese said 660 schools in southern Queensland and 280 schools in northern New South Wales were closed on Thursday as weather conditions worsen."My message to people, whether they be in southeast Queensland or northern New South Wales, is we are there to support you.

nuclear submarine deal ahead of a meeting between their defence heads on Friday in Washington.

Joao Fonseca definitively introduced himself to the world as the latest teen sensation in men's tennis on Tuesday night, upsetting No. 9 seed Andrey Rublev 7-6 (1), 6-3, 7-6 (5) in the first round of the Australian Open. It was quite a debut in the main draw of a Grand Slam tournament for the 18-year-old Brazilian, who is currently ranked 112th and made it into the bracket at Melbourne Park by winning three matches in qualifying rounds last week.

Rohit Sharma expressed satisfaction with his team's performance, stating that they achieved their objectives as a unit. A four-wicket haul by pacer Harshit Rana, along with commanding knocks from Shubman Gill, Nitish Kumar Reddy, and Yashasvi Jaiswal, helped India secure a five-wicket win against Australia's Prime Ministers' XI at Canberra's Manuka Oval on Sunday. Speaking at the post-match presentation, Rohit also expressed gratitude towards the crowd for their support.

Anthony Albanese on Thursday hosted a reception for the travelling Indian cricket team ahead of its two-two-day pink ball practice match against PM's XI here from November 30. The game will take place the Manuka Oval serving as good preparation for the day-night Test in Adelaide from December 6. India recorded their biggest win on Australia soil when they hammered the hosts by 295 runs in the opening game of the Border-Gavaskar Trophy in Perth. Following the protocol, India skipper Rohit Sharma introduced all his teammates to Albanese, who praised heroes of the first Test including Jasprit Bumrah and Virat Kohli.

Shubman Gill, who suffered an injury to his thumb while fielding in the slips during match simulation in the build-up to the first Test of the Border-Gavaskar Trophy in Perth, is doubtful for the second Test too, reported TOI. Gill is also likely to miss the two-day practice pink-ball math at Canberra starting from Sunday. The second Test will begin in Adelaide from December 6.

Last month, ex-US president Donald Trump announced he was selling a new collection of his digital trading cards. The cards, announced in typical Trump style on his Truth Social platform, cost $99 (€90) each and if you buy 15 or more, you will receive an actual physical card with a piece of the suit he wore to his debate with Joe Biden.

Australian senator heckled King Charles by yelling that he is not her king, as quoted in a report by the New York Post. A senator yelled and accused King Charles of committing genocide against their people, causing chaos during his speech to the Australian parliament on Monday. The 75-year-old monarch, who has cancer, is currently on a five-day tour of Australia with his wife, Queen Camilla, as part of an official state visit. The king is visiting Australia for the first time in his capacity as monarch.

Australia are strangely viewed as 'let bygones be bygones'. Mega-level double standards have become so normalised that historic theft of land is seen as a tut-tut cliche.

Universities Australia Chair David Lloyd said countries including the UK and the US would be big winners from the center-left Labor government’s plan to limit foreign student places to 270,000 next year — 175,000 for the higher education sector and 95,000 for skills colleges. Lloyd pointed to Canada as a cautionary tale for Australia after it imposed similar restrictions only to see new international student enrollments fall by more than expected.

Facebook owner Meta is considering blocking news content from the platform in Australia if the government makes it pay licensing fees, a company representative told a parliamentary hearing on Friday. Meta's regional policy director Mia Garlick told lawmakers «all options are on the table» when asked if the company would block Australians from sharing news content to avoid paying fees.

WikiLeaks founder and whistleblower Julian Assange walked free after signing a plea deal with the United States, the US State Department termed his actions for which he pleaded guilty had put the lives of people, especially Washington's allies and diplomats, at risk. US State Department Mathew Miller also pointed that Assange served as a «conduit» for Russian intelligence interfering in the US presidential elections.

WikiLeaks founder Julian Assange was freed by a court on the U.S. Pacific island territory of Saipan on Wednesday after pleading guilty to violating U.S. espionage law, in a deal that will see him return home to Australia. During the three hour hearing, Assange pled guilty to one criminal count of conspiring to obtain and disclose classified U.S. national defence documents but said he had believed the Constitution's First Amendment, which protects free speech, shielded his activities.

Chinese Premier Li Qiang says he has agreed with Australian Prime Minister Anthony Albanese to properly manage their nations’ differences as they emerge from a hostile era in which minister-to-minister contacts were banned and trade barriers cost Austr...

Li Qiang, Australian Prime Minister Anthony Albanese and senior ministers of both administrations met at Parliament House on Monday to discuss thorny issues, including lingering trade barriers, conflict between their militaries in international waters and China’s desire to invest in critical minerals. Li, China’s most senior leader after President Xu Jinping, arrived in the South Australian state capital of Adelaide on Saturday and the national capital of Canberra late Sunday in the first visit to the country by a Chinese premier in seven years.

Trade Organization (WTO) as Canberra is making changes to its commitments which New Delhi believes could impact its services trade.

Chinese military drills in the straits of Taiwan in 2023 practiced manoeuvres key to an invasion of the island, although an actual attack was not imminent or inevitable, a senior US general in the region said on Thursday. In the exercises, the People's Liberation Army simulated a maritime and air blockade of Taiwan, amphibious assaults and counter-intervention operations, Deputy Commander of U.S. Indo-Pacific Command, Lieutenant General Stephen Sklenka, said in a speech in Canberra. Sklenka's comments come as Taiwan's military mobilised its forces on Thursday after China started two days of «punishment» drills around Taiwan in what it said was a response to «separatist acts».

Quad, Aukus, the US-Philippines-Japan trilateral and the US-Japan-South Korea trilateral. The Philippines, Japan and Australia are not treaty allies; however, each of these countries shares a bilateral treaty alliance with the US. Thus, the idea behind the Squad centres on the desire of all four democracies to deepen their level of integration beyond the hub-and-spokes format at a time when China has been militarizing the South China Sea at the expense of the rules-based order of the Indo-Pacific.

China said on Tuesday its military took steps to warn and alert an Australian aircraft after Australia blamed a Chinese fighter jet for endangering one of its military helicopters during an «unsafe» confrontation over the Yellow Sea.

technology companies that do not co-operate with laws allowing security agencies to access encrypted communication. In a speech to be delivered in Canberra on Wednesday, agency chief Mike Burgess will outline how «offshore extremists» are asking a commercially available artificial intelligence program for advice on building weapons.