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Key posts
- Big builds head for slowdown, interest rates tipped to rise on Cup Day
- PM arrives in Beijing ahead of meeting with President Xi Jinping
- Hostage situation at Hamburg Airport ends after 18 hours
- This morning’s headlines at a glance
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‘A lot of eggs in one basket’, Lambie says of Australia’s trade with China
Turning now to Tasmanian senator Jacqui Lambie, who has just spoken on ABC TV about Prime Minister Anthony Albanese’s trip to China.
Albanese arrived in Beijing last night and will meet with President Xi Jinping today.
“It’s nice to try to mend some of the diplomatic situations, but quite frankly, I think most of us, or many of us here in Australia, don’t trust China as far as what we could kick them,” she said on ABC News Breakfast.
She told the program she was concerned about trade with the country.
Here’s what else she said:
They just seem to do whatever China seems to like doing. And we still have 30 per cent of our exports going into China.
That’s where we’re at.
We’ve still put a lot of our eggs into one basket. I would have thought that we would learn from this now and we were going to try to go to other countries to do exports and would be safer hands than what I believe they are in China.”
Big builds head for slowdown, interest rates tipped to rise on Cup Day
Billions of dollars in infrastructure projects around the country are on the chopping block and more face years-long delays in an attempt to drive down inflation as borrowers brace for the Reserve Bank to lift interest rates again tomorrow.
Ambitious state and federal road and rail projects were flagged by the International Monetary Fund last week as factors that could force the RBA to lift rates even higher. The IMF urged governments to slow down their big builds.
Major infrastructure projects around the country have gone under the microscope as estimated costs balloon and the government grapples with high inflation.Credit: Anna Kucera
On Sunday, Treasurer Jim Chalmers echoed warnings from Infrastructure Minister Catherine King that the government would make tough decisions on some of those projects when the infrastructure review is released in coming weeks.
“I do think we’re going to need to make some difficult decisions about the infrastructure pipeline, which factor in those $33 billion of blowouts from projects announced by our predecessors and which factor in our inflation challenge,” he said on the ABC’s Insiders program.
Here’s the full story.
PM arrives in Beijing ahead of meeting with President Xi Jinping
Prime Minister Anthony Albanese arrived in Beijing just after 6pm on Sunday night (local time).
He was greeted at the Beijing Capital International Airport by Australia’s ambassador to China Graham Fletcher and China’s ambassador to Australia Xiao Qian.
A young girl met Albanese with a bouquet on the red carpet at the foot of the plane.
Australia’s Prime Minister Anthony Albanese speaks during the China International Import Expo in Shanghai.Credit: AAP
Albanese walked through a cordon of more than 20 Chinese military personnel that surrounded the route to his car.
The prime minister said he was looking forward to constructive discussions with China’s President Xi Jinping today.
“It’s very good to be back in Beijing,” he said.
“[I look forward to] further constructive dialogue. And further advancement of the friendship between our two great nations.”
Hostage situation at Hamburg Airport ends after 18 hours
In international news, an 18-hour-hostage situation has come to an end at Hamburg Airport in Germany after a man drove his vehicle through the airport gates with his child inside.
The man was arrested and the girl appears to be unharmed.
Hamburg police posted to X, formerly known as Twitter, that “the hostage situation is over. The suspect has left the car with his daughter. … The child appears to be unharmed.”
Officers of German BFE police unit stand on the apron of Hamburg Airport while passengers are evacuated.Credit: Getty
“The man was arrested by the emergency services without resistance,” they said.
The airport in the northern German city had been closed to passengers and flights cancelled since Saturday night when the man, who was armed, broke through an airport gate with his vehicle and fired twice into the air with a weapon, according to German news agency dpa.
The man drove the vehicle just outside a terminal building and parked it under a plane.
Authorities said the man’s ex-wife had previously contacted them about a child abduction.
Police said the 35-year-old man, a Turkish citizen, had his daughter inside the car after reportedly taking her by force from the mother in an ongoing custody battle.
A psychologist had been negotiating with the man for several hours. Nobody was injured during the standoff after all passengers had evacuated the airport, police said.
AP
This morning’s headlines at a glance
Good morning, and thanks for your company.
It’s Monday, November 6. I’m Caroline Schelle, and I’ll be anchoring our live coverage for the first half of the day.
Here’s what you need to know before we get started:
- Anthony Albanese sent a strong signal to China that it should end import restrictions if it wants to join a $13 trillion regional free trade pact.
- Billions in infrastructure spending across Australia is on the chopping block, with yet another cash rate increase likely tomorrow.
- Australian universities are stepping up plans to tap the enormous potential of India’s student market by setting up campuses in the country.
- Federal shadow treasurer Angus Taylor believes conservatives must focus on economics to overcome cultural divisions like those exposed by the Voice to parliament referendum.
- Australians aren’t moving between jobs as often as they used to and research suggests the drop-off is hurting productivity.
- Federal cabinet minister Tanya Plibersek blasted comments a principal of an elite Sydney private school made describing the killer of Lilie James as “an absolute delight”.
- Overseas, the US secretary of state has made a surprise visit to the occupied West Bank
- amid spiralling tensions over Israel’s war with Hamas.
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