World leaders are working to shore up economic ties and push for open global trade against the prospect of a disruptive Trump presidency due to flagged tariffs.
Dominic Giannini
Australia remains in America's box seat and receives privileged trade and investment access as the relationship endures a Trump presidency, the US envoy says.
Abby Joseph Cohen, Goldman Sachs’ former market maven, warns that Trump’s policies are a long term threat to global economy.
Jackson Hewett
Prime Minister Anthony Albanese says Australia ‘can play a role’ in any potential trade war that erupts between Donald Trump’s administration and China.
Ellen Ransley
Australia is better prepared for a return of Donald Trump than it was in 2016 following a concerted effort to build ties with his allies and supporters, says former US ambassador Arthur Sinodinos.
Ben Westcott and Haidi Lun
Treasurer Jim Chalmers believes Australia is well placed to deal with global financial shocks despite the looming threat of US tariffs.
Andrew Brown and Poppy Johnston
Reserve Bank of Australia boss Michele Bullock says the inflationary effect of Donald Trump’s looming presidency will depend on how many of his promised policies he gets to implement.
Neale Prior
China is bracing for continued superpower rivalry with the US after Donald Trump proposed tariffs that could disrupt supply chains and hurt the Chinese economy.
Laurie Chen
Australia could face ‘consequences’ if Donald Trump gets back into the White House, the Treasury chief says.
Joseph Olbrycht-Palmer
The Federal Government has trumpeted new air services deals with Malaysia and Canada while holding out on striking expanded travel with Qatar Airways amid heightened scrutiny of sector competition.
Simone Grogan
A top economic agency reckons Australia will have close to the highest inflation in the developed world next year — risking local borrowers falling behind as countries cut interest rates.
Matt Mckenzie
WA wine exports have received a welcome boost years after being iced out of the Chinese market during geopolitical trade spats over the pandemic.
Industrial action is looming at a south coast port after workers from the Australian Maritime Officers Union voted to down tools.
The State Opposition has backed calls for urgent investment at the Kwinana harbour, with Government-owned operator Fremantle Ports unable to lock in a date to fix the problem.
WA’s alumina exporters have had a bleak 18 months but Trade Minister Don Farrell says a recent deal will boost access to a key Middle Eastern market.
The EU’s man Down Under says a free trade deal with Australia is far from “dead in the water” as he heads West with a troop of diplomats looking to forge new ties in the mining State.
Inflation is running softer than expected in China, sparking calls for the world’s second biggest economy to go harder on stimulus.
Bloomberg
Trade Minister Don Farrell says no back-room deals were done between Australia and China to lift the live lobster ban, adding there was an ‘iron clad guarantee’ the Chinese would start buying before Christmas.
Joe Spagnolo
Lobster fishers have pledged this won’t be the last Christmas West Aussies can get their hands on the popular seafood, despite a trade win with China that’s set to re-charge exports.
A deal to allow Western Australian lobster fishers to again access China’s lucrative market will be worth hundreds of millions of dollars to regional communities, the industry says.
China will lift its ban on Australian live lobster exports by the end of the year, Prime Minister Anthony Albanese has confirmed after meeting Chinese Premier Li Qiang.
Dan Jervis-Bardy and Katina Curtis
Exports through Kwinana Bulk Terminal have been stalled for months because the equipment used to load ships is out of action.
WA businesses are paying close to $900,000 of ‘parking fees’ every time a ship visits Kwinana because of huge delays at the port.
The minister for regional development has weighed in on the City of Albany’s decision to “break up” with its Chinese sister city of Linyi, noting that strong relationships are integral to trade.
Melissa Sheil
