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June 1, 2025 6 mins

The US is trying to convince Australia to lift its defence spending “as soon as possible.”

US Defence Secretary Pete Hegseth is pushing for a rise of 3.5 percent.

He says it's a protection measure against the threat of China.

Prime Minister Anthony Albanese says his country will determineits own defence policy.

Australian Correspondent Murray Olds joins the show to discuss this and Trump’s new steel tariff.

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Speaker 1 (00:09):
You're listening to a podcast from news Talk zed Be
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Speaker 2 (00:16):
You know this is why I have you. I have
you to keep me honest because I said there was
only one team in the Super playoffs. In fact there
are two Queensland and at the Brumbies Act the Brumbies,
So I apologize. It was just that was just off
the top of my head and I got it wrong.
But Murray Old's is still only two Australian teams and
four the Kiwi teams in the playoffs.

Speaker 3 (00:37):
The okay, then, yeah, I'm quite fine with that. Particularly
good morning Andrew, since my Crusaders we got out of jail.
I think it's the Brumbies that little knock on right
at the end that was missed by the rev. But
you know, I mean, look, it does mean a lot
because it means home, home Quarters and home semis and
so on. So the faithful in Campberra weren't happy, they

(01:01):
were booing and so on. But look, I was taken
back twenty five years to when Andrew Merten's slots a
goal in the year two thousand to win the whole
title for the Crusaders. I think was after the whistle
even I think we won twenty one twenty and that
was a huge night and the locals weren't happy then either.

(01:22):
So fast forward a quarter century and look we didn't
get the chocolates. But it just underlines, doesn't it, the
big gap that continues to exist between the two trans
Tasman rugby rivals. I meant a minute to midnight, we've
got the British and Irish and Irish Lions coming here
and you'd have to say there's really only one Australian
team that looks up to the mark and that is

(01:45):
the Brumbies coach by Stephen Larkham. Queensland have had a
lot of injuries. The force and I mean New South
Wales used to be the powerhouse of the son in rugby.
It's fallen right off a cliffandrix. So look, there's a
lot to play for for New Zealand teams. I feel
sorry for the other South Island team, the poor old Highlanders,
but that's the way the cookie crumbles, as they say,
So look for two Glisloe Cup, correct me? Here? Is

(02:09):
it twenty two or twenty three years since the Knuckleheads
have actually won that so there's a lot riding on
the and you've got the two million dollar men. You've
got Tannyella Tupo waddling around like yeah, you know he's
lost the you know, the way to the buffet. And
you've got the other guy, the young chap who has
got a broken jaw, come back with broken jaw and

(02:31):
I can't think of his name, but I mean that
are the two big stars for Australian rugby, so they
need them to be firing as well.

Speaker 2 (02:38):
Yes indeed, But yeah, I did worry when I saw
the Lions are coming because Northern Hemisphere rabby is strong,
and then they get a combined strong team. But then
I watched the beginning of Super Rugby and I thought, hello,
the Aussies have really come up to the mark here.
They're good, but just it just peetered out towards the end.
What I'm really interested in is whether an ANZAC side,
which they're going to do on this tour, a New
Zealand Australian combined side, is actually going to come up

(03:00):
to a mark and actually be competitive. But that's more
to come. There's just some serious news that I love
hearing you talk about sport Marriot's fair to say, but
some serious news and Australia is getting bullied by the
United States.

Speaker 3 (03:12):
Well indeed in terms of the you know, the defense
spend that Australia is prepared to commit to. And this
happened up in Singapore the shangrilad dialogue. It's an annual thing.
Pete Hesgeth the chap of the lantern during the Lovely haircut.
It happens to be Donald Trump's Defense secretary, and he
basically said to Asian Pacific listen, Europe's spending you know,

(03:33):
up of four percent maybe five percent on defense every
year of GDP, Australia, other Asian nations, you have to
sort of match up. Well, Anthony Albanezi predictably came out
and said, well, you can bug it right off. We're
not interested in getting bullied by you guys. We will
determine our defense spend and our defense policy. I mean,

(03:53):
the fact of the matter is America's got Australia and
a hook for nearly four hundred billion dollars on submarines
that may never be delivered, nuclear submarines that may never
ever see Australian waters. There's no guarantees and so we're
committed all this money into the future. I mean next
fifty sixty years. Who on Earth knows what's going to happen.

(04:13):
Are we still going to need nuclear submarines hideously expensive
and so on the Is it going to be a
war of droanes? Is it going to be it that
shuts down petrol pumps and banks right across the country.
I mean, what's war going to look like in half
a century? We have no idea. So it's a bit
rich for Washington to say to Canberra, Listen, you've got
to bump up your spending. I mean, do we spend

(04:34):
more on drones? Do we cancel this ridiculous submarine deal.
There's a lot of questions here for the brand new
alberan Esy government, but there was credit Anthony Albanesi and
stood out over the weekend and said you rack.

Speaker 2 (04:44):
Off good okay. And there's a lot of debate about
whether Trump wants to give you the submarines in the
first place. So there's the thing. And he's not a
mate because he's gone and doubled the steel tariff.

Speaker 3 (04:55):
Yes, I know, fifty percent. It look desert heard Australia. Well,
yes it does. We do that there's about a billion
dollars worth of Australian steel and alumina No italianminium, knucklehead,
it's about a billion dollars of Australian steel and aluminium
export to the United States every year fifty tariff. Well,
they still need that Australian steel and aluminium, so it's

(05:18):
going to be still going into America. The fact of
the matter is Australia those products are going to be
catched an extra twenty five percent by the Trump administration.
And who's going to pay that. It'll be the American consumers,
the car makers, the people making all the boilers for
the plants that Trump says are going to be built
to fund his brand new make America great again. I mean,

(05:39):
it's just such a silly, silly thing to do and
making it more expensive for American consumers. And as Anthony
Albineasi said in the week, it is not the act
of a friend. So where this goes? I mean, and
they have a look at markets, the people are scratching
their head saying, where the hell is this going? Because
I don't think Donald does Donald Trump have any idea?
Certainly the markets have no idea what he's planning and

(06:03):
you know what is next. But all we know is
that it's royaling world markets and it's not good for anybody.

Speaker 2 (06:08):
All right, Murray, I thank you so much for your
turn this Murray holds Out of Australia.

Speaker 1 (06:12):
For more from News Talk st B, listen live on
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