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Australia news live: China moves to drop tariffs on Australian wine; fears for travellers missing in remote WA flash flood


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Chinese government releases interim decision to drop sanctions on $1bn worth of Australian wine imports. Follow the day’s news live

US to halve submarine procurement in 2025: media reports

The ABC is reporting that the United States will halve next year’s planned procurement of Virginia-class boats, as the defence minister, Richard Marles, says Aukus partners are working “at pace” to help Australia acquire nuclear-powered submarines.

If such a cut is actually enacted, it will remove one more attack submarine from a fleet that is already 17 submarines below the Navy’s long-stated requirement of 66.

We remain cautiously optimistic about the forthcoming decision and will await Mofcom’s (China’s commerce ministry) final determination.

We appreciate the collaborative efforts from both the Australian and Chinese governments, and industry partners, in working towards a resolution.

Continue reading…Chinese government releases interim decision to drop sanctions on $1bn worth of Australian wine imports. Follow the day’s news liveUS to halve submarine procurement in 2025: media reportsThe ABC is reporting that the United States will halve next year’s planned procurement of Virginia-class boats, as the defence minister, Richard Marles, says Aukus partners are working “at pace” to help Australia acquire nuclear-powered submarines.If such a cut is actually enacted, it will remove one more attack submarine from a fleet that is already 17 submarines below the Navy’s long-stated requirement of 66.We remain cautiously optimistic about the forthcoming decision and will await Mofcom’s (China’s commerce ministry) final determination.We appreciate the collaborative efforts from both the Australian and Chinese governments, and industry partners, in working towards a resolution. Continue reading…