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The Guardian - AU
The Guardian - AU
National
Martin Farrer

Morning Mail: Nuclear subs deal a ‘new dawn’ for defence; voice critics accused; banking sector fears

Australia will operate a new generation of nuclear-powered submarines based on a British design
Australia will operate a new generation of nuclear-powered submarines based on a British design. The deal is set to cost $268bn to $368bn. Photograph: BAE/PA

Morning everyone. Some time in the early 2030s, Australia will take possession of its first nuclear-powered submarines. Then, around a decade later, we hope to deliver the very first nuclear-powered sub built on home soil.

It’s being described as a “new dawn” for defence policy and the journey is under way as Anthony Albanese meets Joe Biden and Rishi Sunak in San Diego. We’ve got full coverage of the announcement, and the reaction to this huge, expensive and globally consequential deal.

Back home, Indigenous leaders have voiced some sharp criticisms of opponents of the voice to parliament. And bank shares could come under pressure as the fallout from the biggest financial collapse since 2008 continues.

Australia

The working group for the referendum on the Voice to parliament: (back row L-R) Dale Aguis, Jackie Huggins, Thomas Mayor, Marcia Langton, Ken Wyatt, Pat Dodson, Sean Gordon, Mark Dreyfus, Peter Yu, (front row L-R) Pat Anderson, Linda Burney and Sally Scales pose for a group photograph at Parliament House in Canberra.
  • ‘White saviours’ | Conservatives raising doubts about the voice to parliament have been accused of deliberately finding flaws with the proposal “just to stay in the spotlight”, according to a member of the government’s advisory group (pictured). Another group member, Prof Marcia Langton, called it a “relentless scare campaign”.

  • Aukus pact | Australian taxpayers will be on the hook for billions of dollars as the prime minister prepares to announce the new Aukus submarine deal with the US and UK in San Diego this morning. It will mean a “substantial” spending commitment over decades – Peter Dutton thinks it should come from NDIS cuts – and will also involve more “rotational” visits to Australia by US and UK submarines. The UK is itself getting Aukus subs, which should hit the water by the end of the 2030s. Here’s an explainer on all you need to know.

  • Emissions push | Independent MPs Allegra Spender and Zali Steggall are pushing the government to include an absolute cap or an explicit objective that emissions must come down under the safeguard mechanism.

  • Plastic plan | Thousands of tonnes of soft plastic that was collected and dropped off by supermarket customers and has been stockpiled since the collapse of a domestic recycling program could be be shipped to the US for processing.

  • ‘It’s over’ | Conservationists are confident that a five-year hunt for the remaining feral fox in the Pilliga Scrub area of New South Wales – nicknamed Rambo – has ended in its death, paving the way for the greater bilby to flourish again.

World

Closing session of the National People’s Congress (NPC) in Beijing. China’s President Xi Jinping (front) speaks during the closing session of the National People’s Congress (NPC) at the Great Hall of the People in Beijing.

Full Story

Mourners carry the body of one of three Palestinians who were shot dead by the Israeli army, during their funeral in the town of Jaba, near Jenin, in the occupied West Bank.

Israel, the West Bank and a week of rampage

Escalating violence by Israeli settlers in the occupied Palestinian territories is happening amid unprecedented anti-government protests. It’s no coincidence, reports Bethan McKernan.

In-depth

Silicon Valley Bank (SVB) - HSBCISTANBUL, TURKIYE - MARCH 13: In this photo illustration, logo of Silicon Valley Bank (SVB) is displayed on a mobile phone screen in Istanbul, Turkiye on March 13, 2023. (Photo by Cem Tekkesinoglu/Anadolu Agency via Getty Images)

Australian banking shares are likely to come under pressure today as financial stocks in the US and Europe fell sharply again in the wake of the collapse of Silicon Valley Bank, which has now been bought by HSBC for £1. Interest rates could stop rising sooner than thought because of the crisis, economists have said, with the US Fed already believed to be considering moderating its next expected hike to protect the markets. Here’s an explainer to help understand what’s going on, while our US columnist Robert Reich thinks deregulation is to blame.

Not the news

2023 AFL Season LaunchMELBOURNE, AUSTRALIA - MARCH 09: AFL CEO Gillon McLachlan speaks to media during the 2023 Toyota AFL Premiership Season Launch at Malthouse Theatre on March 09, 2023 in Melbourne, Australia. (Photo by Daniel Pockett/AFL Photos/Getty Images)

He has been described as “one of the greatest brains in the history of Australian sports administration”. But as he goes into his final quarter as boss of the AFL, Gillon McLachlan faces one of the game’s biggest ever threats as the complainants in the Hawthorn racism demand a reckoning. As Jonathan Horn observes wryly, with two days before the season’s first bounce, the suave McLachlan probably didn’t have “undertaking decolonisation” on his final to-do list.

The world of sport

India v Australia - 4th Test: Day 5AHMEDABAD, INDIA - MARCH 13: Steve Smith of Australia and Rohit Sharma of India are seen as the match ends in a draw during day five of the Fourth Test match in the series between India and Australia at Narendra Modi Stadium on March 13, 2023 in Ahmedabad, India. (Photo by Robert Cianflone/Getty Images)

Media roundup

Leading children’s authors, Andy Griffiths and Jackie French, have condemned the “sensitivity” rewrites of Enid Blyton’s books, the Australian reports. Radio equipment that caused a meltdown on Sydney trains last week has been obsolete for a year, according to the Sydney Morning Herald, while in Victoria the Basketball League is set to allow a transgender player to compete in the women’s competition, the Herald Sun says. Brisbane has seen a medical “miracle”, the Courier Mail says, after the state’s first ever birth via a partial ovarian transplant.

What’s happening today

  • Education | The annual Naplan school assessments will begin with 1.3 million students set to take the test across Australia.

  • Sydney| Ukrainian ambassador Vasyl Myroshnychenko will give an address at the Customer XLR8 cyber security industry conference.

  • Melbourne | Closings continue in trial of former school principal Malka Leifer.

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Brain teaser

And finally, here are the Guardian’s crosswords to keep you entertained throughout the day – with plenty more on the Guardian’s Puzzles app for iOS and Android. Until tomorrow.

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