In a scathing statement on Thursday, Meta echoed the White House and blasted the Albanese government’s News Bargaining Incentive as ‘discriminatory’.
Trade
No one said framing a budget during a global energy crisis would be easy. But the backlash over Labor’s tax reforms is threatening to derail its pitch.
Australia’s trade deal with Europe lands amid tariff wars, defence worries and a broader warning that the global order is getting tougher.
Australia’s plentiful critical minerals will be included when a long-awaited free trade deal is signed with the European Union next week.
The prospect of a violent and chaotic global order may mean inflation is here to stay.
The Coalition’s rivals are mobilising in Farrer as the Liberals downplay their chances of retaining Sussan Ley’s former seat.
Mark Carney leaves Australia with a critical minerals and defence deal, but a broader agreement on the role of middle powers may prove more significant.
Canadian Prime Minister Mark Carney addressed parliament on Thursday and struck a deal with Australia on critical minerals and AI.
The ASX slipped after the US Supreme Court upended Trump’s tariff regime, with US-exposed Australian businesses warning uncertainty is worse than the duties themselves.
Don Farrell has pledged to push back on the Trump administration’s latest tariff strike, but also said the move provides fresh “impetus” for the EU and Australia to seal their free trade pact.
Don Farrell has departed for Europe, but a major free trade deal with the EU remains in the balance.
An EU trade deal appears within reach, but talks are still stuck on agriculture, with farmers urging the government to hold firm on market access.