Oliver Peterson: Australian correspondent on Prime Minister Albanese's bid to boost trade with China

Anthony Albanese will use high-profile meetings with top business leaders in Shanghai to boost the Chinese-Australian trade relationship.

The Prime Minister is also expected to back industry efforts to decarbonise China's huge steel sector. 

Australian correspondent Oliver Peterson says Albanese will also meet with Xi Jinping tomorrow - to further discuss trade.

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Episode Transcript

Speaker 1 (00:00):
Day two of Elbow's trip to China and Oliver Peterson
six PR per F LIVEE presenters with us Hey Ali,
Hey Ryan. How's it going for him?

Speaker 2 (00:08):
They're good.

Speaker 3 (00:08):
He's had a big press conference just a short time
ago where he said decarbonization and free trade are going
to be the two main areas he hopes to discuss
with the Chinese.

Speaker 2 (00:18):
President, Jijing Ping. They're set to catch up tomorrow morning.

Speaker 3 (00:22):
He's looking forward to a constructive conversation. And he had
standing next to him today Andrew Forrest of ford Eskew Metals.
They're part of a trade talk, part of a trade
meeting about trying to put the pressure on Chinese steelmakers
about decarbonizing their steelmaking process. Let's be blunt, Ryan, and

(00:42):
not going to listen to an Australian businessman or the
Australian Prime minicy and do whatever they want to do.
And this comes in the background of a bit of
pressure coming from the Pentagon about Anthony Albanizi being in
China at the moments and whether the orcus is up
for discussion, and also whether or not he is going
to be battering away a few questions at the moment

(01:03):
about the future of Taiwan. So you expect these sort
of diplomatic pressures to be applied when the Australian Prime
Minister is currently in China.

Speaker 2 (01:11):
But at the moment it's all smiles from Italy.

Speaker 1 (01:15):
It's fascinating that because the reporters are going, will you
follow America into a war against China over Taiwan? While
he's in Shannghai, he's handling it a turnaround and say yeah,
I go, well, I don't even know what for at
this point, or you know who's joining us exactly.

Speaker 3 (01:29):
And he's been asked about the Porter Darwin contract as
an example, which he has previously said we'll come back
into Australian ownership, and that he's being told that a
you know, prominent blogger or some social media star in
China is saying, if you know Australia does this, there'll be.

Speaker 2 (01:44):
Dire consequences for Australia.

Speaker 3 (01:46):
I mean he's just responded by saying, I'm not sure
who the blogger is, but governments can't respond in policy
terms every time an articles written, a tweet or a
blog and change their position.

Speaker 2 (01:54):
So yeah, it's an interesting environment, isn't it.

Speaker 3 (01:56):
Ryan.

Speaker 1 (01:57):
Now the Aussie Treasury sounds a bit like Ow's that
she's saying put taxes up.

Speaker 2 (02:01):
Yeah, they are.

Speaker 3 (02:02):
They've accidentally leaked this Treasury advice saying that we should
be putting up taxes, we should be slashing spending. This
was advice provided to the Albanezi governed after the election.
It accidentally released this information in response to freedom of
information requests before pleading with the journalists to go and
destroy the document.

Speaker 2 (02:20):
I mean, you're not going to go and destroy that,
are you.

Speaker 3 (02:22):
They said tax should be raised as part of a
broader tax reform, and it suggested that the ambitious targets
pledged by the Prime Minister to build another one point
two million homes over the next five years to address
the housing crisis.

Speaker 2 (02:33):
Will not be met.

Speaker 3 (02:34):
Now. I mean, there's a few boffins in Treasury who've
made that comment, but you could have asked anybody in
Australia right now.

Speaker 2 (02:39):
They're so far behind those targets.

Speaker 3 (02:41):
It's not coming as a big surprise, and you know
they don't want to raise taxes again.

Speaker 2 (02:45):
This smiling for me to we are a treasurer of Jim
Chalmers out today, We'll meet those targets. Everything's fine, Australia.
Austraight is good. There's something to see here.

Speaker 1 (02:52):
Ryan Boo's not so good apparently. Well, there's a push
to have cancer risk labels on bottles of boos.

Speaker 3 (03:00):
Yeah, and this is actually a trend which is actually
happening around the world. But the Cancer Council here in
Australia is starting to fire this one up and suggesting
that every single bottle of alcohol that's sold in this
country should come with their cancer warning, much like they
do in Australia at the moment, about the risks in
regards to pregnancy if you're going to be drinking, and

(03:21):
we now have obviously printed on the side of a
cigarette of each single legal cigarette sold, although more illegal
cigarettes are being sold than legal cigarettes, the dangers that
could be doing to your body in the cancer risks
associated with it, So the evidence is clear. Saying that
kiss star at the UK Prime Minister said it's urgently
needed over there to help save lives, so we should
be doing something similar. It's getting a bit of a

(03:41):
lukewarm response, a bit like a flat beer at the moment.

Speaker 2 (03:44):
There's not much interest in this country to be.

Speaker 3 (03:45):
Putting even more labeling on our beers and our bottles
are wine. But I'm sure it will happen eventually, Ryan,
And you know that's just what the public health lobby
groups like to promote.

Speaker 1 (03:55):
It's just the way the world goes, isn't it, Ollie?
Thank you? Does it stop us drinking beer?

Speaker 2 (04:00):
No?

Speaker 1 (04:01):
Olive? Olli Peterson with our six pr pers Live presented.

Speaker 2 (04:03):
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Speaker 1 (04:07):
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