Australia news LIVE: PM lays out key areas to tackle housing crisis; Coalition pushes nuclear energy plan

Save articles for later

Add articles to your saved list and come back to them any time.

Key posts

  • Four fixes Anthony Albanese wants for the housing crisis
  • Nationals happy to go nuclear
  • Biden issues an executive order restricting US investments in Chinese technology
  • This morning’s headlines at a glance
  • 1 of 1

Four fixes Anthony Albanese wants for the housing crisis

A national deal on housing will seek to speed up approvals for property projects that add new homes around major road and rail routes, as state and federal leaders negotiate new ways to boost supply.

Prime Minister Anthony Albanese is confident of securing pledges from state premiers to tackle key obstacles to new housing projects, naming zoning laws as a challenge for national cabinet when it meets in Brisbane next week.

Anthony Albanese lists some of the key areas where the states will agree to tackle the housing crisis.Credit: Alex Ellinghausen

With federal officials forecasting a shortage of 106,000 dwellings by 2027, the prime minister has been talking to premiers about further commitments on planning and zoning to underpin earlier agreements, including a $2 billion payment from Canberra to the states and territories in June.

While Albanese offered the $2 billion in federal cash so the states and territories could fund more social housing, he also wants an outcome in Brisbane on a separate National Housing Accord that was agreed last October with a stated goal of adding one million homes over five years.

“We want to make sure that all states and territories have plans to get there,” Albanese told parliament yesterday.

More on the housing issue here. 

Nationals happy to go nuclear

Nationals leader David Littleproud has declared he is open to having a nuclear power plant in his Queensland electorate, as the Coalition pushes a new plan to convert Australia’s existing fleet of coal plants to the controversial source of electricity generation.

Coalition energy spokesman Ted O’Brien said on Wednesday nuclear energy was a crucial emissions-reduction technology.

Nationals leader David Littleproud has declared he is open to having a nuclear power plant in his Queensland electorate.Credit: Alex Ellinghausen

He called for a national discussion about ending Australia’s moratorium, and argued that existing coal plants could be supplanted with the developing nuclear technology of small modular reactors.

Federal parliament banned nuclear power in 1998, and the moratorium has remained in place with bipartisan support.

“I would support a process to explore small-scale modular reactor technology in my electorate with appropriate consultation and education of the community if a moratorium was removed,” Littleproud said.

Here’s the full story on the push for nuclear energy.

Biden issues an executive order restricting US investments in Chinese technology

In a sign of growing strains between the world’s two biggest powers, President Joe Biden signed an executive order Wednesday that would block and regulate high-tech US-based investments going toward China.

It covers advanced computer chips, micro electronics, quantum information technologies and artificial intelligence.

Senior administration officials said that the effort stemmed from national security goals, rather than economic interests and that the categories it covered were narrow in scope.

President Joe Biden gives a thumbs up as he walks with first lady Jill Biden to board Marine One on the South Lawn of the White House in Washington on Friday.Credit: AP

The order seeks to blunt China’s ability to use US investments in its technology companies to upgrade its military while also preserving broader levels of trade that are vital for both nations’ economies.

The United States and China appear to be increasingly locked in a geopolitical competition, along with their deep trade relationship as the world’s two largest economies.

Biden administration officials have insisted that they have no interest in “decoupling” from China, yet the U.S. has limited the export of advanced computer chips, sought to limit investments into China and kept the expanded tariffs set up by President Donald Trump.

The president suggested that China’s economy is struggling, and its global ambitions have been tempered as the US has re-energised its alliances with Japan, South Korea, Australia and the European Union.

The administration consulted allies and industry in shaping the executive order.

This morning’s headlines at a glance

Good morning, and thanks for your company.

I’m Caroline Schelle, and I’ll be anchoring our live coverage for the first half of the day. It’s Thursday, August 10.

Here’s what you need to know before we get started:

  • Brittany Higgins’ partner will front court in a defamation case levelled against him by West Australian Liberal Senator Linda Reynolds in a three-week trial set for next year.
  • A national deal on housing will seek to speed up approvals for property projects that add new homes around major road and rail routes.
  • The Coalition is pushing a new plan to convert Australia’s existing fleet of coal plants to nuclear, as the Nationals leader declared he is open to having a nuclear plant in his electorate.
  • One of the key Liberal voices who supports the Voice referendum would be silenced from advocating  for the Yes vote if Peter Dutton promotes him to the frontbench.
  • The opposition wants to block the 60-day medicine policy but will need the full crossbench to block the change after the Greens ruled it out.
  • Prime Minister Anthony Albanese has defended his government’s decision to begin referring to the West Bank and Gaza as “occupied” and Israeli settlements as “illegal”.
  • Teal crossbenchers will confront industry figures about the growing number of alcoholic drinks marketed to underage drinkers.
  • Overseas, A Utah man accused of making threats against President Joe Biden was shot and killed by FBI agents.
  • 1 of 1

Most Viewed in National

Source: Read Full Article

Previous post Sir Mick Jagger and Keith Richards recieve honorary statues
Next post Gavin and Stacey’s Joanna Page told to change accent and wasn’t pretty enough