
Australia has stabilising role amid rising global division, says PM Albanese
SYDNEY, June 10 (Reuters) - Australia will seek to disprove the "corrosive" idea that democratic institutions are failing amid significant global uncertainty, and play a stabilising role in the region, Prime Minister Anthony Albanese said on Tuesday.
In his first major speech since his centre-left Labor party was re-elected in May, Albanese said the rise of far right and far left populism elsewhere in the world was because people felt they did not have a stake in the economy and that institutions were not working for them.
"We are living in a time of significant global uncertainty - and that reaches beyond just economic instability, it is the more corrosive proposition that politics and government and democratic institutions, including a free media, are incapable of meeting the demands of this moment," he said in a speech to the National Press Club in Canberra.
Albanese said that while some "cynically seek to harvest it", the Australian government saw its responsibility was to disprove such perceptions.
He also referred to an Australian journalist hit by a rubber bullet during protests on Sunday in the U.S. city of Los Angeles as "horrific", and said that his government had contacted the U.S. over the incident to say it was not acceptable.
Albanese is expected to meet U.S. President Donald Trump for the first time next week on the sidelines of the G7 meeting in Canada, where the security allies will discuss tariffs and a request from the United States for Australia to increase defence spending from 2% to 3.5% of gross domestic product.
Albanese has declined to publicly commit to a defence spending target, saying Australia would focus on capability needs, such as local manufacturing of missiles.
"I think that Australia should decide what we spend on Australia's defence," he said on Tuesday, adding the country's ties in the Pacific and Asia were also important for its security.
Australia was focussed on strengthening relationships in Asia, amid strategic competition in the region, he said.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


The Guardian
3 hours ago
- The Guardian
Australians can look forward to a bigger nest egg as super guarantee rises to 12%
Australian workers can look forward to a bigger nest egg, with an increase to the superannuation guarantee to add tens of thousands of dollars to the average super account. From 1 July, employers' minimum required contribution to employees' superannuation accounts will rise from 11.5% to 12%. It is the latest and last in a series of incremental increases from 9% over more than a decade since they were legislated by the Rudd-Gillard Labor government in 2012. With the latest bump, a 30-year-old earning $60,000 would have an extra $20,000 in super by retirement, according to the Association of Superannuation Funds of Australia. It will add about $300 each year to the superannuation of a worker on a $60,000 salary, or $500 for someone on a $100,000 salary. 'The system foundations are cemented for young, working people to have a comfortable retirement,' the ASFA chief executive, Mary Delahunty, said. 'It's a moment all Australians should be proud of.' Sign up for Guardian Australia's breaking news email The association said the cost of a comfortable retirement had increased 1.6% in the past year, while the cost of a modest retirement rose 1.7%. A 'comfortable' retirement includes top-level health insurance, a reasonable car and leisure activities. The cost of either outcome was increasing slower than Australia's current 2.4% headline inflation but retiree budgets remained under pressure from rising food, energy and health costs. Couples on average need $73,900 annually for a comfortable retirement, while most singles require $52,300 a year, ASFA says. For a modest retirement covering the basics, couples needed $48,200 each year, singles $33,400, or for renting couples, $64,250, and $46,660 each year for singles who rent. The figures underlined the importance of increasing Australia's housing stock, Delahunty said. 'They also illustrate how super can be the difference between hardship and stability later in life, especially for renters.' For some workers, the extra contribution would come from their existing pay package, according to CPA Australia's superannuation lead, Richard Webb. 'It's a good idea to check with your employer to see how they view the changes and what it means for you,' he said. Sign up to Breaking News Australia Get the most important news as it breaks after newsletter promotion Workers on contracts with a total remuneration package could see a slight drop in their take-home pay, while those on award or enterprise agreements would likely receive the contribution on top of their current pay. When compulsory superannuation was introduced in 1992 – in part to reduce government spending on the age pension – only one in 10 Australian retirees listed super as a source of income. Nine in 10 people between 30 and 50 now have super. Government spending on the age pension was projected to fall from 2.3% of gross domestic product in 2020 to 2.0% by 2062-63, despite a doubling of the over-65 population and a trebling of over-85s over the same period. However, the super guarantee increase would not help those who missed out on paid work for extended periods, the Super Consumers Australia chief executive, Xavier O'Halloran, said. '(For) people who have caring responsibilities or who have been locked out of the unaffordable housing market … increasing SG further won't address those inequalities,' he said. O'Halloran said there was more that could be done to support people struggling in retirement, when a significant portion of their autumnal years' savings were made. 'Right now, there are no minimum standards for retirement products like there are for MySuper,' he said. 'There is also no performance testing of retirement products, so super funds can still sell poor products.'


Telegraph
7 hours ago
- Telegraph
Keir Starmer's chipmunk incident
A chipmunk came close to menacing Sir Keir Starmer's leg just as Robert Peston, ITV's political editor, was grilling the Prime Minister in an outdoors interview in the shadow of Canada's Rocky Mountains at the G7 on Tuesday. 'Can't you do something about this?', whispered an adviser to a security guard. Before any drastic action could be taken, the chipmunk sloped away. Peston insists his questioning had nothing to do with it. Angie's near-miss Angela Rayner was so excited to be chairing this week's Cabinet in Sir Keir Starmer's absence that she nearly ran over Larry, left, No 10's resident cat when her Government car driver had to brake sharply. Rayner then texted her boss. 'All good while you were away,' she told Starmer, alongside an emoji. Is 17-year-old Larry running out of lives? Vine's lamps Journalist Sarah Vine spoke to me on Chopper's Political Podcast this week about the 'unpleasant' experience of being involved in the 2009 MPs' expenses scandal. I was The Daily Telegraph journalist who had contacted her then MP husband Michael Gove over his claims for £134 elephant lamps, a £493 Manchu cabinet and a £331 Chinon armchair from Oka, David Cameron's mother-in-law's shop. Vine, whose memoir How Not To Be A Politician's Wife was launched on Thursday, said the experience was 'very, very unpleasant'. She added: 'I've got the lamps. I might auction them one day for charity. What do you think?' Great idea. Macca's pants Writer and broadcaster Stuart Maconie visited the home of Beatles' friend and biographer Hunter Davies for his new book, With A Little Help From Their Friends. Davies gave Maconie a tour of his Beatles books and other Fab Four memorabilia. 'At one point he took a Ziploc bag from a filing cabinet with what appeared to be a pair of Y-fronts in it: 'Would you like to see Paul McCartney's underpants? He left them behind in the villa when he and Linda stayed with us in Portugal'.' Boris's birthday boat Happy birthday to former Daily Telegraph columnist Boris Johnson who turned 61 on Thursday. The former prime minister is marking his big day today with a trip down the River Thames, three men in a boat-style. All the Johnsons have been invited, including his sister Rachel who will meet Boris's month-old daughter Poppy for the first time. Baby on board! Brandreth's other job Cuddly jumper wearing polymath Gyles Brandreth, 77, has barely any downtime. 'There's not a week, no exaggeration, when I'm not asked to be the voiceover on one of these funeral plan ads', he says: 'This is partly because I host on an annual basis the British Funeral Directors' Awards – the big prize at the end of the night is the lifetime achievement award for 'thinking outside the box'.' Trump's golf challenge Former PMs David Cameron and Theresa May, UK ambassador Peter Mandelson and US ambassador Warren Stephens helped Culture Secretary Lisa Nandy mark the restoration of George Washington's statue, in London's Trafalgar Square this week. 'We are delighted to be able to welcome the President on his historic second state visit to the United Kingdom,' she said. 'Although we are all having to brush up on our golf skills'. Trump is due here in September and has a handicap of 2.8. Better get practising Lisa. O'Flynn's legacy Mourners gathered at Mortlake Crematorium, south London on Monday for the funeral of the journalist and ex-Ukip MEP Patrick O'Flynn who has died aged 59. Peter Hill, O'Flynn's former editor at the Daily Express, revealed how O'Flynn persuaded him to launch an unlikely campaign for Britain to leave the EU in 2011. 'It was the perfect newspaper campaign,' Hill recalled. 'It wouldn't cost any money, and it stood no chance of success, which meant we could return to it at any time on slow news days.' How did it go? Illicit Nigel Nigel Farage is puzzled that he was voted sexiest MP by a dating site for married people looking for extramarital affairs. 'I find this completely and utterly and totally extraordinary,' he told GB News' viewers. 'Could it be that people [on that site] want naughty people, or could it be the clip of me when I was in the jungle on I'm A Celebrity, Get Me Out Here?''

Rhyl Journal
7 hours ago
- Rhyl Journal
Russian drones target two Ukrainian cities, killing at least one person
The assault targeted the southern port city of Odesa and the north-eastern city of Kharkiv, hitting apartment blocks, officials said on Friday. The barrage of more than 20 drones injured almost two dozen civilians, including girls aged 17 and 12, Ukraine President Volodymyr Zelensky said. The strikes came as a Kremlin official said he expected an announcement next week on dates for a fresh round of direct peace talks. 'Russia continues its tactics of targeted terror against our people,' Mr Zelensky said on messaging app Telegram, urging the US and the European Union to increase economic pressure on Moscow. Russia has shown no sign of relenting in its attacks, more than three years after it invaded its neighbour. It is pressing a summer offensive on parts of the 620-mile front line and has kept up long-range strikes that have hit civilian areas. Kremlin spokesman Dmitry Peskov said on Friday that the date for the next round peace talks is expected to be agreed next week. Kyiv officials have not recently spoken about resuming talks with Russia, last held when delegations met in Istanbul on June 2, though Ukraine continues to offer a ceasefire and support US-led diplomatic efforts to stop the fighting. The two rounds of brief talks yielded only agreements on the exchange of prisoners and wounded soldiers. A fire caused by Russia's nighttime strike on Odesa engulfed a four-storey residential building, which partly collapsed and injured three emergency workers. A separate fire spread across the upper floors of a 23-storey high-rise, leading to the evacuation of around 600 residents. In Kharkiv, at least eight drones hit civilian infrastructure, injuring four people including two children, according to Ukraine's Emergency Service. Russia launched 80 Shahed and decoy drones overnight, Ukraine's air force said, claiming that air defences shot down or jammed 70 of them.