Business
RBA governor urges Australia and China to maintain strong relations – Sydney Morning Herald
In his most direct comments on the multi-billion dollar diplomatic dispute to date, Philip Lowe says the relationship is “mutually advantageous”.
The comments follow Treasurer Josh Frydenbergs offer of renewed engagement with Beijing on Wednesday, as diplomats grapple with twin objectives: maintaining a military deterrent to Chinas regional aggression through a new defence agreement with Japan, while keeping economic lines with China open.
Mr Frydenberg told The Australians Strategic Forum on Wednesday that Australia stood ready to engage in respectful and beneficial dialogue with the Chinese Communist Party.
The fact that we have different…
-
Noosa News24 hours agoSuncorp Stadium upgrades to rival Sydney as seat capacity and infrastructure prioritised
-
General17 hours agoAustralia Kangaroos lose Xavier Coates and Zac Lomax ahead of rugby league Ashes in England
-
Noosa News22 hours agoThree steps Queensland SES want you to know to Get Ready for severe weather
-
Noosa News23 hours agoIn Trent Dalton’s new book Gravity Let Me Go, the bestselling author interrogates himself