Here is a look at what is making news around the country today.
Today’s national news includes the Federal Government passing a new law to prevent building the Russian embassy near parliament, Australia set to deepen its partnership with Nato, Global interest for Australia’s critical minerals rising, and Drag racer Kelvin Lyle in serious condition after the crash.
Politics
New law to prevent the construction of a Russian embassy near the Parliament building
The Australian federal government has passed emergency legislation to prevent the Russian Federation from building a new embassy near Australia’s parliament, the Jurist has reported. The Home Affairs Act 2023 cancels Russia’s lease of land in the Australian capital Canberra, citing risks to national security. Minister for Home Affairs and Cyber Security Clare O’Neil stated that Australia’s largest national security challenges are espionage and foreign interference, and the proximity of the leased land would present a substantial risk.
Defence
Australia to deepen partnership with Nato
Australia is set to deepen and strengthen its partnership with Nato, as the political and military alliance plans to open an office in Japan, The Guardian has reported. The Department of Foreign Affairs and Trade has confirmed Australia will transition to a new Individually Tailored Partnership Programme (ITPP) with Nato when the current partnership expires. Prime Minister Anthony Albanese is set to travel to a Nato summit in Lithuania in July.
Economy
Global interest in Australia’s critical minerals on the rise
Foreign export credit agencies are showing a lot of interest in Australia’s critical minerals resources, looking to jump-start investment in new mines that are struggling to find finance, the Market Screener reported. Australia is the world’s biggest supplier of lithium and other minerals. However, Australian critical minerals projects are seen as high-cost, especially in a high-inflation environment. Apart from lofty power costs, Australia’s wages are among the mining sector’s most expensive.
Sports
Drag racer, Kelvin Lyle, in hospital after crash
Dragracer Kelvin Lyle was competing in the final Top Doorslammer race when his vehicle clipped a wall landing him in a hospital with critical injuries after his vehicle clipped a wall and failed to deploy its safety parachute, sending him straight into the end barrier at 250km/hr. The crash came just hours after Ford star Cameron Waters had to flee his vehicle after it went up in flames in Race 13 of the betr Darwin Triple Crown, NT News has reported.
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