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Australia news live: Chalmers warns China slowdown could hurt economy; wild storm cuts power in Victoria


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The treasurer says China’s dramatically slowing growth is ‘one of the major economic challenges facing Australia’. Follow the day’s news live

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There are reports the Australian army will replace its European-made Taipan helicopter fleet early with an estimated $2.8bn purchase of 40 American-made Black Hawk helicopters.

In 2021, the army announced it would ditch the fleet of Taipan helicopters a decade earlier than planned.

Continue reading…The treasurer says China’s dramatically slowing growth is ‘one of the major economic challenges facing Australia’. Follow the day’s news liveGet our morning and afternoon news emails, free app or daily news podcastThere are reports the Australian army will replace its European-made Taipan helicopter fleet early with an estimated $2.8bn purchase of 40 American-made Black Hawk helicopters.In 2021, the army announced it would ditch the fleet of Taipan helicopters a decade earlier than planned. Continue reading…