Australia's new PM shifts focus to domestic woes after Quad trip

26/5/2022 7:28:00 AM

Australia's new PM shifts focus to domestic woes after Quad trip

https://str.sg/w2QcSYDNEY (REUTERS) - New prime minister Anthony Albanese said on Thursday (May 26) Australia faces significant economic headwinds, turning his attention to domestic affairs after a first few days in office dominated by international security.

"I want an economy that works for people, not the other way around," Mr Albanese told ABC television.Treasurer Jim Chalmers on Wednesday described the fiscal situation he inherited as"dire", warning that family budgets would be under pressure as interest rates rise to deal with a spike in inflation.

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Copy to clipboard https://str.met his Malaysian counterpart Ismail Sabri Yaakob on Wednesday (May 25).met his Malaysian counterpart Ismail Sabri Yaakob on Wednesday (May 25).newly appointed Prime Minister Ranil Wickremesinghe will double up as finance minister leading bailout talks with the International Monetary Fund, according to people with knowledge of the matter.

sg/w2Qc SYDNEY (REUTERS) - New prime minister Anthony Albanese said on Thursday (May 26) Australia faces significant economic headwinds, turning his attention to domestic affairs after a first few days in office dominated by international security. "I want an economy that works for people, not the other way around," Mr Albanese told ABC television. Bernama News Agency cited Datuk Seri Ismail as saying that the two leaders discussed their bilateral retreat that Singapore will be hosting this year, with the proposed dates to be in late September or early October. Treasurer Jim Chalmers on Wednesday described the fiscal situation he inherited as"dire", warning that family budgets would be under pressure as interest rates rise to deal with a spike in inflation. Both leaders will be speaking at the 27th Nikkei International Conference on The Future of Asia on Thursday. Mr Albanese was sworn in as the prime minister on Monday so he could attend a meeting of the Quad security grouping in Japan. On Wednesday, PM Lee also visited the teamLab Borderless digital art museum in Tokyo's Odaiba district, ahead of its closure in August. China sees the Quad, which includes the United States, India and Japan, as an attempt to push back against its growing influence in the Indo-Pacific.5 billion) over the next eight months to pay for essential imports.

Mr Albanese blamed the previous government led by Scott Morrison, for"dropping the ball" on the Pacific, whereas China is seeking pacts on security and trade with several Pacific states. In a Facebook post, Mr Lee noted that many Singaporeans would be familiar with teamLab's distinctive digital installations, with their work having been featured in the Future World exhibit at the ArtScience Museum and the Story of the Forest exhibit at the National Museum of Singapore. In a Facebook post, Mr Lee noted that many Singaporeans would be familiar with teamLab's distinctive digital installations, with their work having been featured in the Future World exhibit at the ArtScience Museum and the Story of the Forest exhibit at the National Museum of Singapore. Mr Albanese sent his foreign minister, Ms Penny Wong, to Fiji on Thursday. With votes from Saturday's election still being counted, the prime minister's centre-left Labor Party is two seats short of a majority of 76 in the 151-seat lower house, with five seats too close to call, according to the Australian Broadcasting Corp. He will begin a five-year appointment as chief conductor in September next year. Mr Morrison, who stood down as leader of the Liberal Party after one of its worst election showings, has promised to support his successor. Mr Lee also had dinner with members of the Japan-Singapore Parliamentary Friendship League (JSPFL) , which was formed in 1997 to promote bilateral engagement between the two parliaments. "I leave not with regrets but with a great sense of gratitude," he told radio station 2GB in his first interview since the election drubbing. The current JSPFL chairman is former Japanese foreign and defence minister Taro Kono, who worked in Singapore in 1993 in the private sector. Public protests continue, calling for President Gotabaya Rajapaksa to step down following the resignation of his brother - and Mr Wickremesinghe's predecessor - Mahinda Rajapaksa.

Outgoing Defence Minister Peter Dutton, a former policeman from Queensland, was shaping up as favourite to lead the Liberals. Mr Albanese criticised comments from Ms Tanya Plibersek, tipped to become minister for women and education in the new government, for likening Mr Dutton to the Harry Potter villain Voldemort. He now serves as the honorary chairman of the Japan Durian Promotion Association. He now serves as the honorary chairman of the Japan Durian Promotion Association. Ms Plibersek has apologised for her comment. "Let's discuss policy differences. "I'm glad that Singaporeans will soon be able to make their own connections as Japan progressively reopens its borders to small group tours," he said.. Embed Facebook Facebook Many Singaporeans would be familiar with the distinctive digital installations of teamLab / チームラボ. More On This Topic.

. Their work has been. I want to change the way that politics operates," Mr Albanese told Channel Seven. More On This Topic ...