Penny Wong stresses AUKUS ‘benefits' in call with Marco Rubio

The country's chief diplomat has stressed the 'benefits' of AUKUS in a call with US State Secretary Marco Rubio amid concerns Washington could be looking to pull out of the defence pact.
The US Department of Defence earlier this month announced it was reviewing AUKUS to ensure it aligned with Donald Trump's 'American first' agenda.
The Albanese government has brushed off concerns the 30-day audit signalled waning US support for the deal with Australia and the UK, with Deputy Prime Minister Richard Marles repeatedly calling it a 'natural' move.
But with AUKUS the centrepiece of Australia's defence strategy over the first half of this century and Anthony Albanese yet to secure a face-to-face with the US President, it has offered little reassurance.
Foreign Minister Penny Wong said on Friday she and her US counterpart discussed 'the importance of our partnership to stability, peace and prosperity in the Indo-Pacific'.
'I have outlined … the benefits to all countries, all three countries of the AUKUS agreement – an agreement which I think is so important for strategic balance in the region,' Senator Wong told reporters in Adelaide.
'That means protecting peace, preventing conflict, and assuring prosperity and security for all countries.
'I've also outlined, just as the Prime Minister has, the near-term benefits to the United States, including additional maintenance days and more days in the water for more submarines.'
She refused to give a read on whether Mr Rubio backed the deal, only saying that 'he's on record as understanding the importance of AUKUS'.
'But obviously we'll work through the review with the United States,' Senator Wong said.
'It's unsurprising that they would engage in a review just as the United Kingdom did.'
Canberra has already spent billions laying the groundwork to acquire and build nuclear-powered submarines and train personnel to crew them under AUKUS.
Washington has committed to supply up to five Virginia-class submarines starting in 2032.
But sluggish submarine production has put the US on track to face a shortage early next decade.
Mr Trump can renege on AUKUS commitments if they endanger US national security.
To help bolster production, Australia has agreed to inject $4.6bn into the US defence industrial base.

Try Our AI Features

Explore what Daily8 AI can do for you:

Learn with AIFact CheckingText to SpeechAI Summary

Related Articles

SBS Australia

an hour ago

• SBS Australia

'Unmitigated disaster': What Donald Trump could be weighing up on Iran

US President Donald Trump says he's considering whether or not to involve the US in the Israel-Iran conflict. Source: AAP, Press Association / Suzanne Plunkett As hostilities between Israel and Iran continue, United States President Donald Trump is keeping the world guessing as to what he might do next. Israel launched a sweeping aerial campaign against Iran a week ago, calling it a "pre-emptive" strike to prevent Iran from developing nuclear weapons. Iran has denied plans to develop such weapons and retaliated by launching counterstrikes on Israel. Trump has repeatedly criticised Iran, called for an "unconditional surrender", and floated the possibility of US action in Iran. On Thursday, Trump said he has yet to decide how the US would proceed, but will do so in the next two weeks. He has indicated there is still a chance of negotiating with Iran. "Based on the fact that there's a substantial chance of negotiations that may or may not take place with Iran in the near future, I will make my decision whether or not to go within the next two weeks," press secretary Karoline Leavitt told reporters, quoting a message from Trump. Leavitt told a regular briefing at the White House that Trump was interested in pursuing a diplomatic solution with Iran, but his top priority was ensuring that Iran could not obtain a nuclear weapon. Professor Wesley Widmaier, from the Australian National University's Department of International Relations, said domestic policies could play a major role in Trump's decision. Widmaier said a portion of Trump's voter base may not support involvement in the conflict. "I think right now he is poised on the horns of a dilemma between the isolationist MAGA [Make America Great Again] coalition base and anti-Iran pro-Israel kind of foreign policy imperative," he said. "And politicians like to keep things ambiguous for as long as possible; it gives them maximum mobility." Widmaier said the two-week time frame will provide Trump with an extension to weigh up tensions in his supporter base, political strategy and pressure, and the US relationship with Israel. Michael Green, professor and CEO of the United States Studies Centre at the University of Sydney, said Trump is likely deciding whether or not to use a 13,000kg Massive Ordnance Penetrator 'bunker buster' bomb on an Iranian underground nuclear facility. Only the US military has the bunker buster bomb. "I believe that the decision he has to make is whether or not the US drops that bunker-busting bomb on Fordo, the remaining intact part of Iran's nuclear weapons programs," he said. "The reason he might do it is because the Israelis believe that the Iranians are weeks away from creating nuclear weapons capability. The reason to not do it is because there's no guarantee of success." Trump has not outlined exactly what US involvement in Iran could look like, but he has floated several possible scenarios. Comments and social media posts about his plans have veered from proposing a swift diplomatic solution to suggesting the US might join the fighting on Israel's side. On Wednesday, he said nobody knew what he would do. A day earlier, he mused on social media about killing Iran's Supreme Leader Ayatollah Ali Khamenei, then demanded Iran's unconditional surrender. Iran has warned of "all-out war" if the US joins the military action. Green said while the Iranian regime is vulnerable, it could still "lash out" and cause threats to US forces and allied interests. He said Trump may be hoping the threat of the bunker buster bomb could influence Iranians to agree to peacefully give up their nuclear capability. "I am sceptical that Iran will, even under this huge amount of pressure, give up their nuclear program, [but] they might agree to meet, they might agree to talk about it, to dissipate the pressure," he said. "The most likely scenario is they put something out there to save themselves and it will be debated whether it's enough, and Donald Trump may or may not take it." Widmaier said he believes the US bombing Iran would be a "disaster". "My sense is this would all be leading to a disaster. It would just be a disaster for the region, it would be a disaster for American foreign policy," he said. If the Trump administration decides to pursue US action in Iran, Widmaier said it would need to have clear aims and a clear exit strategy. He said the US government would also want to be sure of public support if it were to take action. "These are lessons of the Vietnam war, these are lessons of the Iraq war, and I see no sense that they really know what they want," Widmaier said. Wars are easy to start, but hard to end. Wesley Windmaier "I say with a high level of confidence that it would be an unmitigated disaster, and it's something absolutely to be avoided. "I don't think you need a PhD to see that, given the disastrous military interventions that are a history of US foreign policy." While Trump has publicly criticised Iran and sided with Israel, US action against Iran is not guaranteed. In the next two weeks, Trump will weigh up different factors and scenarios, including opposition from some of his Republican colleagues, some of whom have said the US should avoid war. Kentucky senator Rand Paul said he hoped Trump would not give in to pressure to get involved. "It's not the US' job to be involved in this war," Paul said on NBC's Meet the Press on Sunday. Republican representative Thomas Massie of Kentucky said on X: "This is not our war. We should not engage our military here." Widmaier said it's possible the president could opt out of the US becoming directly involved in another Middle East conflict. He pointed out Trump does have a record of holding off in the context of Iran. "In his first term, he came right up to the brink of ordering some strikes against Iranian sites, and he backed off at the last possible minute," Widmaier said. "So he does seem to have some inhibitions against, it may be that at the last minute he pulls back ... he does have a pragmatic streak too." — Additional reporting by Reuters and the Australian Associated Press

News.com.au

2 hours ago

• News.com.au

Criterion: Back up the dumpster! It's time for an EOFY share purge

Potential tax loss selling candidates include ASX200 inclusions Domino's Pizza Enterprises and IDP Education Investors may want to offset capital gains from successful AI and Trump-related plays But beware: tax-loss selling is governed by ATO rules Tax-loss selling is a fine judgment call, because the dud shares can be on the cusp of a brilliant recovery. In some cases, their worth has been further devalued by EOFY selling that in theory will ease after June 30. But for investors sitting on capital gains from an AI driven splurge on data centres or a fear-driven plunge into gold, offsetting the gains by selling the lost causes makes sense. Or maybe hey want to lighten up on Commonwealth Bank (ASX:CBA) shares and offset the healthy gains Investors must ensure they are genuinely exiting the position, with the taxman's 'wash' rules preventing repurchasing within 45 days. Even then, investors must justify their action, such as independent research changing a call on a stock from 'sell' to 'buy'. Domino's prospects are as flat as its pizza Amid a string of downgrades, Domino's Pizza Enterprises (ASX:DMP) shares have lost 88% of their value since peaking in September 2021. Domino's problems include underperforming French and Japanese operations, while measures including store closures have failed to turn the company's fortunes. Long-time CEO Don Meij departed in November last year, while the Europe and Japan chiefs have also left the building. As with McDonald's decades previously, Dominos mastered the art of industrial scale, ultra fast production. Maybe the world has reached peak pizza … if that's possible. Busted flush Having seen 70% of the value of their holdings vanish over the past year, Star Entertainment Group (ASX:SGR) investors would have been better off at the blackjack table … and that's not saying much. The owner of gambling dens in Sydney, Brisbane and the Gold Coast, Star was crippled by money laundering and other governance controversies. Star is subject to a convertible note/debt-based rescue bid from US casino operator Bally's Corporation. An independent expert report dubs the proposal as 'not fair' to shaeholders but 'compelling' nonetheless, given the company's dire position. Investors should take the hint. Also pinged for money laundering transgressions, SkyCity Entertainment Group (ASX:SKC) last month warned of 'deteriorating' trading conditions at its Auckland and Adelaide casinos. Skycity shares have fallen 36% over the year. Morningstar dubs them as 'materially undervalued', but the company's luck doesn't look like turning any time soon. A sobering lesson Shares in overseas student wrangler IDP Education (ASX:IEL) plunged 50% after a June 3 profit warning, erasing $1 billion of value. IDP has nowhere to run, with its key geographies of Canada, Australia, the UK and the US all executing migration crackdowns. Overseas students made for a once thriving export industry, but the crackdown has cooked and plucked that golden goose. IDP remains the industry leader and management points to a recovery. The stock remains one class worth wagging, in our humble view. The stock has lost an astonishing 75% over the last year. Shooting Bambi Selling CSL (ASX:CSL) shares is like shooting Bambi, given the almost certain demand for its life-saving plasma derived products. Once the biggest ASX company, CSL has lost 17% of its value because of weakness in its Seqirus flu vaccine division and its acquired Vifor kidney health arm. Lingering concerns over Donald Trump's tariff and drug pricing have also weighed on sentiment. Broker Wilsons describes CSL as 'thorougly over owned'. But - hey - the experts said the same about CBA shares, which continue to defy gravity. Cochlear (ASX:COH) shares also are off the pace. In an earnings downgrade last week, the company noted weakness in developed markets for implant and sound processor sales. New implant and processor products might put things right, but so far investors aren't listening. Small cap cleanout candidates Call recording house Dubber Corp (ASX:DUB) in March 2024 discovered that $30 million of funds had gone missing. This week, the company said it would sue its external auditors over the unrecovered $26.6 million. But with investors sitting on an 80% loss since the incident, they probably should hang up. In the retail sector, shares in plus-sized clothier City Chic Collective (ASX:CCX) have shrunk 35% over the year and 97% over five years. The company recently warned of poor trading here and in the US, while tariffs are a worry. Weight Watchers filed for US bankruptcy in May and Ozempic sales are booming, so maybe there's a nexus. Owner of Kathmandu, KMD Brands (ASX:KMD) on Thursday signalled peak puffer jacket with a weak earnings outlook.

SBS Australia

2 hours ago

• SBS Australia

Australian embassy officials in Iran evacuate as conflict grows in Middle East

Australian embassy officials in Iran evacuate as conflict grows in Middle East Published 20 June 2025, 8:37 am Australian officials and their families have been evacuated from Tehran. Threats of a major regional war have prompted Australia to close its embassy. The Federal government is urgently warning Australians in Iran to leave if safe to do so.