Tuesday 21st October 2025
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Before you woke up this morning Anthony Albanese was at the White House announcing a $8.5 billion trade deal with America, giving the US access to the rare earths and critical minerals that will reduce its reliance on China. NAB’s Ken Crompton joins Phil to discuss the deal which, in theory, will see the US investing in processing capabilities within Australia.
Meanwhile Chinese data yesterday showed strong GDP growth, but less progress with domestic consumption. Ken says it’s another sign of the involution that policy makers are fighting against. Could we see more on that out of the Plenum sessions this week?
And this should be the day that Japan gets its first female prime minister. But will it last long and what does it mean for the BoJ?
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