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AUKUS

Yesterday

An Australian Collins class submarine.

Defence’s big budget boost four years away, as soldier shortage hits 5000

Despite dire strategic times, defence spending will hover just above 2 per cent for several years before starting to meaningfully rise from mid-2027.

  • Andrew Tillett
xx

BHP’s $64b game; Chalmers slams ‘trick’ claim; Meme stock stupidity

Read everything that’s happened in the news so far today.

Australia is meant to receive the first of at least three Virginia-class submarines from the US in 2032.

Congress fights to reverse funding cuts for AUKUS subs deal

Draft legislation released this week shows Congress is ready to fight to restore funding for building Virginia-class submarines, essential for the success of AUKUS.

  • Matthew Cranston
I

What a second Trump presidency could bring

The influential American conservative platform Project 2025 has spent two years crafting a 900-page proposal for key areas of immigration, tax and trade.

  • Matthew Cranston

This Month

Australia has protested to Beijing that a Chinese fighter jet endangered an Australian navy helicopter over international waters.

Military tensions flare on the road to stability with China

A near miss between a Chinese fighter jet and Australian helicopter show that friction remains despite improvement in ties between Beijing and Canberra.

  • Andrew Tillett
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A Seahawk helicopter prepares to take off from the deck of HMAS Hobart.

Australia’s defence chief rejects Chinese spying claims

In his first comments on dramatic helicopter near miss, General Angus Campbell said a Chinese pilot had acted unsafely and unprofessionally.

  • Andrew Tillett
Building defence equipment overseas may produce savings that can be spent elsewhere in the military.

FWC, government face pressure to step in over submarines pay stoush

The Albanese government insists that an industrial dispute at submarine builder ASC in Adelaide won’t affect the navy’s ability to deploy the ageing Collins-class submarines.

  • Andrew Tillett
China

Australia, US, Japan, Philippines vow to step up military drills

Four way defence ministers meeting in Hawaii raise concerns over China’s clashes with Filipino ships in South China Sea.

  • Andrew Tillett
Japan is looking to develop new air, missile, and other defence technologies with others.

How to make sure JAUKUS is a success

It’s a no-brainer to bring Japanese technology into AUKUS pillar 2. But it needs to take account of Tokyo’s inexperience and concerns about high-level military co-operation.

  • Shingo Yamagami and Paul Maley
Hornsby resident Alex De Muelenaere may live in Sydney but when hunting for an investment property he looked north to Brisbane.

Why this Sydney investor bought property in Brisbane

Investors from Sydney and Melbourne are increasingly looking further afield in the hunt for value. But how do you go about buying in an unfamiliar market?

  • Michelle Bowes

‘No concerns’ with South Korean takeover bid for Austal: Marles

Defence Minister Richard Marles has given a fillip to Hanwha’s bid to buy Perth shipbuilder Austal, despite the deal raising security concerns.

  • Andrew Tillett and Brad Thompson

April

Richard Pappas, managing director of Celsius Property Group.

The apartment supply conundrum behind Perth’s housing price surge

There’s plenty of demand and many projects approved, but sky-high construction costs have left developers asking for more government money.

  • Updated
  • Tom Rabe
President Joe Biden has to revisit the issue with 120 days.

US expects to finalise AUKUS trade exemptions in next 120 days

The statement indicates a delay in the process, but the legislation requires the US president to revisit the issue in another 120 days.

  • Reuters
Japanese media interview a CEO in Tokyo.

Japan’s ‘cowardly’ media fails to take on corporate giants

As he leaves Japan as the AFR’s North Asia correspondent, Michael Smith reflects on a media that is often too scared to hold its government and CEOs to account.

  • Updated
  • Michael Smith
David Rowe

Australia must pay the price for defence and deterrence

A generation of politicians who grew up with a post-Cold War peace dividend are now struggling to switch from welfare to warfare.

  • The AFR View
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A RAAF No.1 Squadron F/A-18 Super Hornet.

Navy, RAAF face cuts to pay for $330b in new weapons

While the government touts its $330 billion new weapons blueprint, concerns are being raised about programs that have been scrapped.

  • Andrew Tillett

Subs ahoy! Marles defends Labor’s record in defence

Richard Marles argues the Labor government has delivered dramatic reform in defence to project Australia into a much changed and more dangerous region. Is that right?

  • Updated
  • Jennifer Hewett
NA

Defence strategy fills gaps but misses holes

We need to move towards a wider conversation around national security and mobilisation, and be clear on the vulnerability in our capabilities until the late 2030s.

  • Jennifer Parker
Defence Minister Richard Marles warns Australia faces a precarious decade.

Defence’s $330b plan still leaves decade of danger

Defence Minister Richard Marles says Australia faces a “precarious” decade, by the end of which defence spending will be about $100 billion a year.

  • Andrew Tillett
Kerry Stokes

Seven’s new Boral bid; Mercedes mortgage pain; $77m Toorak double deal

Read everything that’s happened in the news so far today.