National
Australian cotton growers could be the latest victims of increasingly bitter trade tensions with China which have seen crippling tariffs placed on Australian barley exports, with wine also in the firing line.
Opinion
Calls to rebuild Australia’s manufacturing industry to provide jobs and increase national self-reliance in a post-pandemic economy have merit, but the move must be targeted. Big picture, big ticket products are not the answer, but there is a strong case for strategic manufacturing, argues Richard Holden.
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China’s intimidation and detention of Australian journalists mirrors actions against other foreign correspondents amid rising diplomatic tensions with the US and Australia, observes Rowan Callick.
Australia no longer has any correspondents working on the ground in China for the first time since the 1970s, after two journalists were forced to flee the country and Chinese officials revealed a third had been detained for suspected “criminal activities endangering China’s national security”.
The Australian economy contracted by 7.0 per cent in the June quarter, confirming the nation is in its first recession since the early 1990s following the biggest quarterly GDP fall in 61 years – but SA bucked the national trend with a lower rate.
China has suspended imports from an Australian barley cooperative after claiming it had found pests in the shipments, weeks after slapping Australian barley imports with an 80 per cent tariff amid growing trade and diplomatic tensions.
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