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Australia news live: Albanese joined world leaders on phone call to discuss Ukraine; Qantas faces hefty fine over outsourcing | Australia news

BySoCal Chronicle

Aug 17, 2025


Albanese spoke with world leaders about remaining ‘committed’ supporter of Ukraine

Tom McIlroy

Tom McIlroy

Anthony Albanese joined world leaders in a phone hook up overnight, discussing Ukraine’s talks on ending Russia’s invasion.

European leaders are set to accompany Ukraine’s president, Volodymyr Zelenskyy, to the White House this week for talks with the US president, Donald Trump.

Overnight, I joined a meeting of the Coalition of the Willing convened by @Keir_Starmer and @EmmanuelMacron, alongside President @Zelenskyy_Uaa other democratic leaders.

Australia remains committed to supporting Ukraine and it was an opportunity to discuss next steps in…

— Anthony Albanese (@AlboMP) August 17, 2025

The talks overnight follow Trump’s Friday summit in Alaska with Vladimir Putin, which, despite a lot of hype, failed to produce any major new outcome.

Albanese said he spoke with British prime minister Keir Starmer and French president Emmanuel Macron, part of the so-called coalition of the willing, the group of countries committed to helping Ukraine. The Australian PM wrote:

Australia remains committed to supporting Ukraine and it was an opportunity to discuss next steps in achieving a just and enduring peace.

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Luca Ittimani

Luca Ittimani

BlueScope profits tumble to just a tenth of the previous year

Australia’s largest steelmaker, BlueScope, repeated calls for an east coast gas reserve after reporting its profits tumbled to $84m in 2024-25, just over a tenth of the previous year.

The company, which is leading a bid for the struggling Whyalla steelworks in South Australia, saw net profit after tax fall from 2023-24’s $806m after taking a $440m hit to its underperforming coated steel products arm of its American business. Sliding global steel prices also dragged down revenue.

Bluescope still earned most of its revenue in the US, producing nearly 3m tonnes of steel at its North Star mill in Ohio, which was boosted by Donald Trump’s 25% tariffs on steel and aluminium imports, later hiked to 50%.

The Whyalla steelworks in Whyalla, South Australia. Photograph: Isabella Ward/AAP

The company’s annual report, released this morning, did not point to significant tariff impact on its Australian business, which saw lower earnings as prices slipped, despite rising domestic sales due to increased construction work.

Bluescope remains interested in expanding locally by buying out the Whyalla plant. The company earlier in August announced it was leading a consortium but would only make an offer if it could see a return on investment. Bluescope told investors it had submitted a non-binding, indicative expression of interest and believed the plant had potential for low-emissions iron productions.

But the company gave a warning to investors (and the Albanese government): “NO GAS, NO ‘FUTURE MADE IN AUSTRALIA’”. Electricity costs also dragged down Bluescope’s Australian earnings in the 12 months to June, seeing it repeat its calls for an east coast gas reserve and criticise the sector’s current approach: “prioritising massive exports over domestic market, since 2015”.





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