A new board solely for setting interest rates will be created under sweeping reforms to the Reserve Bank of Australia, with the governor’s independence also set to be bolstered.
Punitive trade sanctions imposed on Australian exports by China may be gone in time for Christmas.
Prime Minister Anthony Albanese has declared his high-level talks with Xi Jinping “very successful” as his visit was hailed by the Chinese president as ushering in a new era in relations.
Anthony Albanese won’t admit he trusts Xi Jinping, but says the Chinese president has never let him down as he prepares for a crucial meeting with him in Beijing.
Prime Minister Anthony Albanese has left open the possibility of Australia backing China’s bid to join a trans-Pacific trade bloc, as he prepares to meet Chinese President Xi Jinping.
Prime Minister Anthony Albanese will push for progress on Australia’s acquisition of nuclear-powered submarines when he meets with US President Joe Biden to discuss the Indo-Pacific region.