Latest news with #AngusTaylor
9 News
7 days ago
- Business
- 9 News
'Suckerpunch' electricity price increase locked in for eastern states
Your web browser is no longer supported. To improve your experience update it here BREAKING Australian killed, another injured in Bali villa shooting incident Prices will increase by more than 13 per cent in parts of the country, but one state may be shielded from the worst of it. "This will be a suckerpunch for a lot of customers," Canstar spokesperson Sally Tindall said. The cost of electricity is about to jump higher than predicted across Australia's east coast. (Nine) AGL and Origin Energy locked in new prices for millions of customers today. Starting on July 1, AGL's prices will jump 13.5 per cent in New South Wales. They will also rise 8 per cent in South Australia, 7.5 per cent in Queensland and 6.8 per cent in Victoria - adding $110 to an average Victorian household's bill. Today, the federal opposition slammed the government's action on energy prices. "They imposed price caps that haven't worked, they've completely failed, and we continue to see price hikes," Shadow Treasurer Angus Taylor said. Origin Energy hasn't locked in its electricity charges for Victoria just yet. Gas will cost the average Victorian household an additional $85 per year, which is the largest increase for any state in the country. "There are plenty of options and payment plans available," Origin's Chief Marketing Officer Catherine Anderson said. "We would really encourage our customers to reach out to us, we're here to help." The cost of electricity is about to jump higher than predicted across Australia's east coast. (Nine) For those struggling to pay, some help is on the way. Every household will automatically get a $150 electricity discount thanks to the federal government, and another $100 is being offered to concession card holders in Victoria. For everyone else, the advice is to shop around. "Don't get mad - get even," Tindall said. "By shopping around you, could potentially save hundreds of dollars off your electricity bill." Other retailers will lock in their prices in the coming days. national Victoria power Electricity CONTACT US
News.com.au
13-06-2025
- Politics
- News.com.au
Anthony Albanese 'confident' AUKUS will prevail despite US review into defence pact
Anthony Albanese has rejected comments that the Pentagon's review into the AUKUS defence deal threatens the future of the pact, with Australia yet to confirm a face-to-face meeting with US President Donald Trump. Speaking from Nadi, Fiji on Friday afternoon, the Prime Minister said the new Trump administration was entitled to review existing policies, noting the United Kingdom had undertaken a similar process following the election of Labour's Keir Starmer in July 2024. While the US evaluation will assess whether the multi-billion dollar pact remains 'aligned with the President's America First agenda,' Mr Albanese backed its future. 'We are very confident, though, that AUKUS is in the interest of all three of our nations, and that it will play an important role in peace, security and stability around the world, at a time when that is absolutely necessary,' he said. Mr Albanese also sidestepped a question asking whether Labor would bring forward its current plans to lift defence spending to 2.3 per cent of GDP by 2033-34 as a 'sign of good faith' to the US. While current investment is at 2 per cent of GDP, US Defence Secretary Peter Hegseth has called on Australia to boost the figure to 3.5 per cent. Earlier, Coalition defence spokesman Angus Taylor warned Australia had a 'very high price to pay if AUKUS fails,' putting increased pressure on Mr Albanese to meet with Mr Trump. 'What discussions has Richard Marles already had? To what extent is our lack of defence spending a driver of this review? When will the Prime Minister meet with the President to actually discuss this face-to-face?' he said. 'These are questions we need answers to, and they're questions that go to the heart of making sure that AUKUS is a success and that we ensure that we have peace through deterrence in our region.' Mr Albanese met with Fijian Prime Minister Sitiveni Rabuka. Mr Rabuka said it was a 'great honour to receive the Prime Minister of Australia,' and congratulated Labor on its win. Mr Albanese said Fiji was a 'great friend of Australia,' spruiking the alliance amid growing global fragility. 'We in Australia understand that in today's uncertain world what we need is partners and friends that we can rely on, who are trusted and you, my friend, are a trusted partner and friend of Australia,' he said. 'So this is a relationship about defence and security, about our economy, but most, most importantly, about our people.' The Labor leader also commented on recent developments that Israel had launched strikes on Iran, allegedly killing key military leaders and nuclear scientists. Mr Albanese said it was a 'concerning' escalation in the region and urged Australians not to travel to the area. He said he wanted to see the issue resolved through 'dialogue', commending the US for its 'important role' in peace talks. Mr Albanese was welcomed to the island country on Friday afternoon with Fijian honour guard upon arrival, members of the local greeting party included Fijian Deputy Primeminister Biman Prasad, the Republic of Fiji's Deputy Commander of the Military Forces Commodore Humphrey Tawake and Fiji Police Force Commissioner Rusiate Tudravu. Australia's welcome delegation included our High Commissioner to Fiji and Australia's defence adviser to Fiji Colonel Henry Stimson. Mr Albanese will fly to Seattle on the United States West Coast on Saturday morning, where he is expected to meet with business leaders with a focus on artificial intelligence and other emerging technologies.
ABC News
13-06-2025
- Business
- ABC News
Breakfast Wrap: What next for AUKUS?
The questions about Australia's deal to buy nuclear powered submarines aren't going away. We learnt this week the US Defence Department is reviewing the agreement. And while the Australian government is playing it cool and insisting there's nothing usual about that, not everyone is so sure. We'll bring you the latest reaction here from shadow Defence Minister Angus Taylor and get the view out of the other AUKUS partner, the UK. Also today bring you a panel of journalists to wrap the huge political week that was. And a flight travelling from India to the UK has crashed on take-off. We'll get an early view from one aerospace expert about what happened. Recap the morning's news, politics and global affairs with the Breakfast Wrap
News.com.au
13-06-2025
- Politics
- News.com.au
Australia to pay ‘very high price' if AUKUS falls through
Australia will have 'a very high price to pay if AUKUS fails', opposition defence spokesman Angus Taylor says. The warning came after the US Department of Defence launched a review of the pact to ensure it aligned with Donald Trump's 'America First' agenda. The Albanese government has brushed off concerns the move signals waning US support for the alliance with Canberra, with Deputy Prime Minister Richard Marles saying it was 'natural that the (Trump) administration would want to examine this major undertaking'. But with AUKUS the centrepiece of Australia's defence strategy over the first half of this century, it has offered little reassurance. 'This is an incredibly important alliance,' Mr Taylor said on Friday. 'It's an incredibly important capability, both in terms of the submarine capability and the technology capability … and this must be a top priority of the government.' He said the Albanese government had 'many questions to answer'. 'What discussions has Richard Marles already had? To what extent is our lack of defence spending a driver of this review? When will the Prime Minister meet with the President to actually discuss this face-to-face?' he queried. 'These are questions we need answers to, and they're questions that go to the heart of making sure that AUKUS is a success and that we ensure that we have peace through deterrence in our region.' But US State Department sources said a time had not been set and the situation was 'fluid'.
Perth Now
13-06-2025
- Politics
- Perth Now
‘High price': Grim warning after AUKUS move
Australia will have 'a very high price to pay if AUKUS fails', opposition defence spokesman Angus Taylor says. The warning came after the US Department of Defence launched a review of the pact to ensure it aligned with Donald Trump's 'America First' agenda. The Albanese government has brushed off concerns the move signals waning US support for the alliance with Canberra, with Deputy Prime Minister Richard Marles saying it was 'natural that the (Trump) administration would want to examine this major undertaking'. But with AUKUS the centrepiece of Australia's defence strategy over the first half of this century, it has offered little reassurance. Opposition defence spokesman Angus Taylor says Australia will have 'a very high price to pay if AUKUS fails'. NewsWire / Martin Ollman Credit: News Corp Australia 'This is an incredibly important alliance,' Mr Taylor said on Friday. 'It's an incredibly important capability, both in terms of the submarine capability and the technology capability … and this must be a top priority of the government.' He said the Albanese government had 'many questions to answer'. 'What discussions has Richard Marles already had? To what extent is our lack of defence spending a driver of this review? When will the Prime Minister meet with the President to actually discuss this face-to-face?' he queried. 'These are questions we need answers to, and they're questions that go to the heart of making sure that AUKUS is a success and that we ensure that we have peace through deterrence in our region.' NewsWire understands Anthony Albanese was set to meet the US President on the sidelines of the upcoming G7. But US State Department sources said a time had not been set and the situation was 'fluid'. More to come.
