Australia news live: Rupert Murdoch joins parade of business leaders at Trump inauguration; Albanese says new president promised ‘perfect’ relationship

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Australia news live: Rupert Murdoch joins parade of business leaders at Trump inauguration; Albanese says new president promised ‘perfect’ relationship
Author: Martin Farrer
Published: Jan, 20 2025 19:36

The government has announced $262 million dollars in another round of funding for local defence industry, to develop Australia’s Aukus submarine supply chain capacity. Labor says the funding will support around 125 businesses across the country, to build industry capacity, and help get domestic products into US and UK supply chains.

The Aukus agreement, signed in August last year, officially came into force over the weekend, which will see US Virginia-class submarines transferred to Australia from the 2030s. Defence minister, Richard Marles, said in a statement:. We are continuing to build and invest in an Australian submarine industrial base capable of supporting our future nuclear-powered submarine fleet and underpinning a strong local economy over the coming decades... This is a further demonstration that Aukus is happening now.

The Northern Beaches Council says early test results show mysterious grey ball-shaped debris which closed nine beaches are similar to those which washed up on eastern suburbs beaches last year. The council are waiting on the full analysis of the testing they commissioned but the preliminary results show traces of hydrocarbons and other materials which appear to be consistent with some of the chemicals found by NSW EPA tests at other Eastern Suburbs beaches last year.

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