2 hours ago
I just published Looking for a Sareen Career Coaching Reddit Review? What Should Job Seekers Check Before Choosing a Career Coach?
https://differ.blog/p/look...
#JobSearch #SareenCareerCoachingReddit #sareencareercoaching #jobs
https://differ.blog/p/look...
#JobSearch #SareenCareerCoachingReddit #sareencareercoaching #jobs
Looking for a Sareen Career Coaching Reddit Review? | Differ
Before searching for a sareen career coaching reddit review, take a step back and consider what actually makes career guidance useful.
https://differ.blog/p/looking-for-a-sareen-career-coaching-reddit-review-what-should-job-se-8db7f9
4 months ago
Why Most Job Seekers Never Get Interview Calls (And How to Change That)
Many professionals apply to dozens of jobs without understanding why they aren't hearing back. Small issues such as unfocused resumes, generic applications, and poor networking often make a bigger difference than experience alone. Learning how recruiters review applications can help job seekers improve their chances significantly. Those looking for practical guidance often explore #Sareen #career #coaching to understand modern hiring expectations and build a more effective job search strategy that focuses on quality instead of quantity.
Visit website: https://sareencareercoachi...
Many professionals apply to dozens of jobs without understanding why they aren't hearing back. Small issues such as unfocused resumes, generic applications, and poor networking often make a bigger difference than experience alone. Learning how recruiters review applications can help job seekers improve their chances significantly. Those looking for practical guidance often explore #Sareen #career #coaching to understand modern hiring expectations and build a more effective job search strategy that focuses on quality instead of quantity.
Visit website: https://sareencareercoachi...
Job Search | ATS Resume Expert | Career Coach | Interviews
Job search coaching to land interviews faster. ATS Resume expert & career coach offering resume makeovers, interview tips, and proven strategies.
https://sareencareercoaching.com
8 months ago
Still Not Getting Interview Calls? Here’s What 30 Days of Career Coaching Can Fix That 6 Months of Applying Won’t
If you’ve applied to 40+ jobs and heard nothing back, the problem isn’t your talent, it’s your direction. Learn how a focused 30-day career coaching crash course changes the game: https://sareencareercoachi...
#CareerCoachingCrashCourse #careergrowth #sanyamsareen #CareerCoaching #JobMarketTrends #JobMarket2026
If you’ve applied to 40+ jobs and heard nothing back, the problem isn’t your talent, it’s your direction. Learn how a focused 30-day career coaching crash course changes the game: https://sareencareercoachi...
#CareerCoachingCrashCourse #careergrowth #sanyamsareen #CareerCoaching #JobMarketTrends #JobMarket2026
sareencareercoaching: What a Career Coaching Crash Course Teaches You in 30 Days That Self-Applying Won’t in 6 Months
Why am I not getting calls?” This is exactly where a career coaching crash course changes the equation. Not by giving you motivation.
https://sareencareercoaching.blogspot.com/2026/02/what-career-coaching-crash-course.html
11 months ago
Struggling to Land Product Manager Jobs or Senior Software Engineer Roles? How a Job Search Coach Can Change Everything
If you've been applying non-stop, tweaking your résumé, and still facing rejection, you're not alone. The hiring market for these roles has shifted, and while companies are still hiring, the bar has moved in ways many candidates don’t realize until it's too late. Read the full post/article to learn how a job search coach can help you navigate this new landscape.
Read here: https://shorturl.at/aqwia
#sareencareercoaching #sareenthecoach #sanyamsareen #careergrowth #JobSearchTips #LinkedInStrategy #CareerCoaching
If you've been applying non-stop, tweaking your résumé, and still facing rejection, you're not alone. The hiring market for these roles has shifted, and while companies are still hiring, the bar has moved in ways many candidates don’t realize until it's too late. Read the full post/article to learn how a job search coach can help you navigate this new landscape.
Read here: https://shorturl.at/aqwia
#sareencareercoaching #sareenthecoach #sanyamsareen #careergrowth #JobSearchTips #LinkedInStrategy #CareerCoaching
12 months ago
Acosta Staffing – A Specialized Partner in Mental Health Recruitment
Building a strong mental fitness team requires expertise in each recruitment and scientific knowledge. Acosta Staffing excels in both areas, making it one of the excellent staffing agencies for intellectual health. Their recruiters understand the jobs, certifications, and behavioral health capabilities wanted in contemporary care settings. As a knowledgeable staffing employer for behavioral fitness, they offer centers with a reliable body of workers who can manage complex mental health cases, documentation practices, and patient safety protocols. This stage of know-how ensures organizations can perform easily while maintaining high standards of health care and patient care.
Visit us: https://www.acostastaffing...
Building a strong mental fitness team requires expertise in each recruitment and scientific knowledge. Acosta Staffing excels in both areas, making it one of the excellent staffing agencies for intellectual health. Their recruiters understand the jobs, certifications, and behavioral health capabilities wanted in contemporary care settings. As a knowledgeable staffing employer for behavioral fitness, they offer centers with a reliable body of workers who can manage complex mental health cases, documentation practices, and patient safety protocols. This stage of know-how ensures organizations can perform easily while maintaining high standards of health care and patient care.
Visit us: https://www.acostastaffing...
1 yr. ago
'Gloom' over Trump economy hits worst levels 'since the Great Recession': report
Story by Alex Henderson
According to the U.S. Bureau of Labor Statistics (BLS), unemployment in the United States was at 4.2 percent in July — which is far from a recession. But the BLS also found that the U.S. is hurting in terms of job creation; the 4.2 percent figure largely reflects Americans who are holding on to jobs they already have rather than starting new jobs. And President Donald Trump was so angry over the BLS' job creation data that he fired ex-BLS Commissioner Erika McEntarfer and nominated a MAGA loyalist for the position: E.J. Antoni, known for his work with the Heritage Foundation.
In an article published on August 16, Axios' Courtenay Brown lays out some reasons why so many Americans are feeling "gloomy" about the economy.
"Americans haven't been this gloomy about the job market since the Great Recession," Brown reports. "Why it matters: Fears about joblessness have surged since President Trump unveiled plans to impose steep tariffs on foreign goods. The economy might have hit a soft patch, but it has so far dodged the bleak predictions from a few months ago."
Nonetheless, Brown notes that "consumers are still bracing for the worst to come."
"As of early August," Brown explains, "that pessimism was in step with that of the 2008 financial crisis. About 62 percent of consumers believe unemployment will worsen in the year ahead, according to the University of Michigan's latest monthly survey. That's bounced around a little in the last few months, but consistently hung around levels not seen since the Great Recession…. The concerns about higher unemployment are paired with worries about an inflation resurgence."
The University of Michigan's consumer report was released on August 15.
Joanne Hsu, the report's director, is quoted as saying, "Although CPI inflation has not surged, our data show that consumers are still bracing for an increase in inflation to come. Moreover, consumers are also concerned that labor markets will weaken."
Brown notes that The Great Recession was the United States' "worst economic downturn since the Great Depression."
When the stock market crashed in 1929, U.S. unemployment was only 3.2 percent, according to Investopedia. By 1932, it was up to 23 percent. Americans were so angry about the economy that year that Democratic presidential nominee Franklin Delano Roosevelt defeated incumbent GOP President Herbert Hoover by a landslide and picked up a whopping 472 electoral votes.
The Great Recession wasn't as severe as The Great Depression, but Brown recalls that in late 2008 and 2009, "The stock market was falling off a cliff, unemployment filings soared and the jobless rate would ultimately peak at 10 percent."
Brown continues, "Now: The economy is slowing, though fears are worse than the official data suggests so far. The unemployment rate is holding at a historically low 4.2 percent, as of July. Hiring has stalled, but so have layoffs. There are fewer unemployment filings now than in July 2021, when a record-low share of Americans (14 percent) said they anticipated higher unemployment in the year ahead."
Story by Alex Henderson
According to the U.S. Bureau of Labor Statistics (BLS), unemployment in the United States was at 4.2 percent in July — which is far from a recession. But the BLS also found that the U.S. is hurting in terms of job creation; the 4.2 percent figure largely reflects Americans who are holding on to jobs they already have rather than starting new jobs. And President Donald Trump was so angry over the BLS' job creation data that he fired ex-BLS Commissioner Erika McEntarfer and nominated a MAGA loyalist for the position: E.J. Antoni, known for his work with the Heritage Foundation.
In an article published on August 16, Axios' Courtenay Brown lays out some reasons why so many Americans are feeling "gloomy" about the economy.
"Americans haven't been this gloomy about the job market since the Great Recession," Brown reports. "Why it matters: Fears about joblessness have surged since President Trump unveiled plans to impose steep tariffs on foreign goods. The economy might have hit a soft patch, but it has so far dodged the bleak predictions from a few months ago."
Nonetheless, Brown notes that "consumers are still bracing for the worst to come."
"As of early August," Brown explains, "that pessimism was in step with that of the 2008 financial crisis. About 62 percent of consumers believe unemployment will worsen in the year ahead, according to the University of Michigan's latest monthly survey. That's bounced around a little in the last few months, but consistently hung around levels not seen since the Great Recession…. The concerns about higher unemployment are paired with worries about an inflation resurgence."
The University of Michigan's consumer report was released on August 15.
Joanne Hsu, the report's director, is quoted as saying, "Although CPI inflation has not surged, our data show that consumers are still bracing for an increase in inflation to come. Moreover, consumers are also concerned that labor markets will weaken."
Brown notes that The Great Recession was the United States' "worst economic downturn since the Great Depression."
When the stock market crashed in 1929, U.S. unemployment was only 3.2 percent, according to Investopedia. By 1932, it was up to 23 percent. Americans were so angry about the economy that year that Democratic presidential nominee Franklin Delano Roosevelt defeated incumbent GOP President Herbert Hoover by a landslide and picked up a whopping 472 electoral votes.
The Great Recession wasn't as severe as The Great Depression, but Brown recalls that in late 2008 and 2009, "The stock market was falling off a cliff, unemployment filings soared and the jobless rate would ultimately peak at 10 percent."
Brown continues, "Now: The economy is slowing, though fears are worse than the official data suggests so far. The unemployment rate is holding at a historically low 4.2 percent, as of July. Hiring has stalled, but so have layoffs. There are fewer unemployment filings now than in July 2021, when a record-low share of Americans (14 percent) said they anticipated higher unemployment in the year ahead."
2 yr. ago
Advantages Of Using a Tree Removal Service Provider
https://blogzone.hellobox....
Even while having green fingers is a commendable quality, some jobs are better left to the experts. Tree removal is one of them. We'll go over some of the advantages of using a tree removal service in parramatta in this blog.
https://blogzone.hellobox....
Even while having green fingers is a commendable quality, some jobs are better left to the experts. Tree removal is one of them. We'll go over some of the advantages of using a tree removal service in parramatta in this blog.
2 yr. ago
Advantages Of Using a Tree Removal Service Provider
https://www.ganjingworld.c...
Even while having green fingers is a commendable quality, some jobs are better left to the experts. Tree removal is one of them. We'll go over some of the advantages of using a tree removal service in parramatta in this blog.
https://www.ganjingworld.c...
Even while having green fingers is a commendable quality, some jobs are better left to the experts. Tree removal is one of them. We'll go over some of the advantages of using a tree removal service in parramatta in this blog.
3 yr. ago
Sonoma Caregiver Jobs
In-home care for Sonoma, Marin, Napa, Lake, Mendocino & Solano counties. Providing professional caregivers for companionship & more
https://sequoiaseniorsolut...
In-home care for Sonoma, Marin, Napa, Lake, Mendocino & Solano counties. Providing professional caregivers for companionship & more
https://sequoiaseniorsolut...
In-home care for North Bay seniors - Sequoia Senior Solutions
In-home care for Sonoma, Marin, Napa, Lake, Mendocino & Solano counties. Providing professional caregivers for companionship & more
https://sequoiaseniorsolutions.com/
3 yr. ago
The Guardian
Mark Zuckerberg’s metaverse vision is over. Can Apple save it?
Story by Alex Hern • 22-5-2023
Such an expansive definition – simply setting up a Memoji on your iPhone or logging into Fortnite could count as “using the metaverse” – helps Meta dodge criticism that the dream the company promised looks no closer to fruition now than it did 18 months ago.
It also helps to make the prospect of actually building the damn thing look more appealing.
In a piece of research commissioned by Meta this month, the Deloitte consultancy said that the metaverse could contribute “between £40bn and £75bn in additional GDP [gross domestic product]” to the UK alone by 2035.
The 25-page report – one of nine commissioned for every large market Meta operates in, from “the metaverse and its potential for the United States” to “Enabling the metaverse in sub-Saharan Africa” – argues optimistically that “there is a large opportunity for the UK as a metaverse leader” and concludes that the benefits could reach as high as 2.4% of GDP. To reach those figures, Deloitte applied much the same vague definition as Clegg, but stretched the net even further, pulling in the entirety of the cryptocurrency space as a side benefit.
“The metaverse will also likely necessitate the use of new verification technologies based on ledgers of permanent entries – blockchains, broadly referred to as ‘Web3’ – to support its decentralised nature,” the report argued. Some challengers for Meta’s claim to the metaverse are more like blockchains with rudimentary 3D engines attached: virtual worlds such as Decentraland and the Sandbox trade “land” and “objects” for real-world money but attract few active users otherwise.
“Economic value will be created by new markets, business models, skills development and better ways of working in the UK,” said Deloitte. What new markets? Well, Liverpool football club launched an NFT (non-fungible token) collection in March 2022 “and generated revenue of £1.13m, even though 95% of the digital collection did not sell”. A few months later, Liverpool spent £85m on Benfica striker Darwin Núñez, so it is fair to guess that the NFT collection did not have a huge impact on the club’s bottom line for the year.
“You see a lot of poorly reported or badly written articles referring to the metaverse as ‘3D worlds such as the Sandbox, Decentraland and Roblox’. The frustrating thing is, two of those are terrible website experiences that serve hundreds of people and one of them is a video game platform that serves 66 million active users per day,” said James Whatley, the chief strategy officer at creative agency Diva.
He added: “Beware of the consultant that promises you metaverse numbers but then delivers a Web3 website experience. If you’re a serious player in this space, you want to speak to hundreds of millions of people – and those people play video games. Not crap 3D websites.”
Education could also be booted, Deloitte insisted. “The metaverse could help transform classroom settings while allowing students to avoid the costs of moving to and living in the UK. This could be a boon for the approximately 600,000 international students currently attending UK universities.” So could healthcare, industry, live entertainment – and even just plain old office jobs.
Meta’s chief executive, Mark Zuckerberg, denied that his company had shifted its focus away from the metaverse towards AI. Photograph: David Ramos/Getty Images
© Provide
Mark Zuckerberg’s metaverse vision is over. Can Apple save it?
Story by Alex Hern • 22-5-2023
Such an expansive definition – simply setting up a Memoji on your iPhone or logging into Fortnite could count as “using the metaverse” – helps Meta dodge criticism that the dream the company promised looks no closer to fruition now than it did 18 months ago.
It also helps to make the prospect of actually building the damn thing look more appealing.
In a piece of research commissioned by Meta this month, the Deloitte consultancy said that the metaverse could contribute “between £40bn and £75bn in additional GDP [gross domestic product]” to the UK alone by 2035.
The 25-page report – one of nine commissioned for every large market Meta operates in, from “the metaverse and its potential for the United States” to “Enabling the metaverse in sub-Saharan Africa” – argues optimistically that “there is a large opportunity for the UK as a metaverse leader” and concludes that the benefits could reach as high as 2.4% of GDP. To reach those figures, Deloitte applied much the same vague definition as Clegg, but stretched the net even further, pulling in the entirety of the cryptocurrency space as a side benefit.
“The metaverse will also likely necessitate the use of new verification technologies based on ledgers of permanent entries – blockchains, broadly referred to as ‘Web3’ – to support its decentralised nature,” the report argued. Some challengers for Meta’s claim to the metaverse are more like blockchains with rudimentary 3D engines attached: virtual worlds such as Decentraland and the Sandbox trade “land” and “objects” for real-world money but attract few active users otherwise.
“Economic value will be created by new markets, business models, skills development and better ways of working in the UK,” said Deloitte. What new markets? Well, Liverpool football club launched an NFT (non-fungible token) collection in March 2022 “and generated revenue of £1.13m, even though 95% of the digital collection did not sell”. A few months later, Liverpool spent £85m on Benfica striker Darwin Núñez, so it is fair to guess that the NFT collection did not have a huge impact on the club’s bottom line for the year.
“You see a lot of poorly reported or badly written articles referring to the metaverse as ‘3D worlds such as the Sandbox, Decentraland and Roblox’. The frustrating thing is, two of those are terrible website experiences that serve hundreds of people and one of them is a video game platform that serves 66 million active users per day,” said James Whatley, the chief strategy officer at creative agency Diva.
He added: “Beware of the consultant that promises you metaverse numbers but then delivers a Web3 website experience. If you’re a serious player in this space, you want to speak to hundreds of millions of people – and those people play video games. Not crap 3D websites.”
Education could also be booted, Deloitte insisted. “The metaverse could help transform classroom settings while allowing students to avoid the costs of moving to and living in the UK. This could be a boon for the approximately 600,000 international students currently attending UK universities.” So could healthcare, industry, live entertainment – and even just plain old office jobs.
Meta’s chief executive, Mark Zuckerberg, denied that his company had shifted its focus away from the metaverse towards AI. Photograph: David Ramos/Getty Images
© Provide
3 yr. ago
ABC Business
Australia commits $160m to build more Bushmasters after donating 90 to Ukraine in war against Russia
17-5-2023
Bushmasters to Ukraine
Thales Australia is well-known globally for its Bushmaster, and now Hawkei, protected military vehicles as Ukraine uses the former in its war against Russia.
Australia has provided Ukraine with 90 Bushmasters to help in its efforts and now it wants the light protected mobility vehicle, the Hawkei.
Mr Conroy would not be drawn on whether Australia would send more Hawkei vehicles to Ukraine as publicly requested by its ambassador to Australia Vasyl Myroshnychenko in April.
"We're focused on delivering what we've already committed to the government and people of Ukraine, Mr Conroy said.
"We're proud to be one of the biggest non-NATO contributors of military aid to Ukraine in their valiant efforts to stop the unprovoked aggression from Vladimir Putin.
"We're always talking to our allies and partners about how we can support Ukraine best."
This month, a new Defence Strategy outlined a new direction for Australia's military, which involved moving away from land capability and focusing on long-range missiles, leaving the future of the Bushmaster, manufacturing jobs in Bendigo, and Thales Australia's future in the regional city in doubt.
In August last year, the Australian Army unveiled an electric prototype of the Bushmaster it said could be a part of the future of Army capability in Australia or on the battleground.
The French defence manufacturer Thales has not had a contract for the Bushmaster since New Zealand placed an order in 2020 for 43 Bushmaster vehicles.
The contract was worth $75 million and required Thales Australia to deliver five variants of the armoured vehicle by 2022.
In August last year, 29 jobs were axed from the North Bendigo facility after the run of 1,100 Hawkei vehicles ordered by Australia was completed.
Earlier this month, Thales Australia pleaded guilty in the Magistrates' Court of Victoria over the death of a painter at its North Bendigo facility in 2020 and will be sentenced next month. Under occupational health and safety laws, it faces a maximum fine of $1.5 million.
Last month, Ukraine called on Australia to send its Hawkei protected mobility vehicles to the battlefield.
A Bushmaster bound for Ukraine waits to be loaded onto a C-17A Globemaster at RAAF Base Amberley. (Supplied: Department of Defence, LACW Emma Schwenke)
© Provided by ABC Business
Australia commits $160m to build more Bushmasters after donating 90 to Ukraine in war against Russia
17-5-2023
Bushmasters to Ukraine
Thales Australia is well-known globally for its Bushmaster, and now Hawkei, protected military vehicles as Ukraine uses the former in its war against Russia.
Australia has provided Ukraine with 90 Bushmasters to help in its efforts and now it wants the light protected mobility vehicle, the Hawkei.
Mr Conroy would not be drawn on whether Australia would send more Hawkei vehicles to Ukraine as publicly requested by its ambassador to Australia Vasyl Myroshnychenko in April.
"We're focused on delivering what we've already committed to the government and people of Ukraine, Mr Conroy said.
"We're proud to be one of the biggest non-NATO contributors of military aid to Ukraine in their valiant efforts to stop the unprovoked aggression from Vladimir Putin.
"We're always talking to our allies and partners about how we can support Ukraine best."
This month, a new Defence Strategy outlined a new direction for Australia's military, which involved moving away from land capability and focusing on long-range missiles, leaving the future of the Bushmaster, manufacturing jobs in Bendigo, and Thales Australia's future in the regional city in doubt.
In August last year, the Australian Army unveiled an electric prototype of the Bushmaster it said could be a part of the future of Army capability in Australia or on the battleground.
The French defence manufacturer Thales has not had a contract for the Bushmaster since New Zealand placed an order in 2020 for 43 Bushmaster vehicles.
The contract was worth $75 million and required Thales Australia to deliver five variants of the armoured vehicle by 2022.
In August last year, 29 jobs were axed from the North Bendigo facility after the run of 1,100 Hawkei vehicles ordered by Australia was completed.
Earlier this month, Thales Australia pleaded guilty in the Magistrates' Court of Victoria over the death of a painter at its North Bendigo facility in 2020 and will be sentenced next month. Under occupational health and safety laws, it faces a maximum fine of $1.5 million.
Last month, Ukraine called on Australia to send its Hawkei protected mobility vehicles to the battlefield.
A Bushmaster bound for Ukraine waits to be loaded onto a C-17A Globemaster at RAAF Base Amberley. (Supplied: Department of Defence, LACW Emma Schwenke)
© Provided by ABC Business
3 yr. ago
Australia prepares for space race with a hybrid rocket
Story by Jennifer Dudley-Nicholson • 17-5-2023
Houston, we have a new contender.
Australia is just months away from joining the satellite-launching space race after Prime Minister Anthony Albanese on Wednesday unveiled the country's first homegrown rocket designed to enter orbit.
The launch vehicle, created by Gold Coast firm Gilmour Space Technologies, will lift off from a north Queensland base later this year and be used to deliver payloads of up to 4000kg into low-Earth orbit.
Gilmour Space Technologies chief executive and founder Adam Gilmour said a successful flight could make Australia one of only a few nations able to build and launch rockets into orbit.
"What you're looking at is the first orbital vehicle that's ever been designed and built in Australia," he said.
"It's critical technology – only 11 nations on the planet have orbital vehicles. When we go to space, we will be the 12th."
The locally built rocket, dubbed Eris, will also be one of the first orbital vehicles to rely on hybrid technology that combines solid and liquid propellants and is thought to be cheaper and safer conventional propulsion.
Visiting its Helensvale factory, Mr Albanese unveiled the rocket and signed the inside of its shell, congratulating the team on its future "lift-off".
He said the rocket's creation showed Australian businesses were capable of manufacturing world-class innovations.
"Australia can compete with the rest of the world. What we need to do is to back our businesses that are doing it," he said.
"What the Gilmours have done here is take a risk with their investment that they made in a start-up that's now attracting capital and attracting support. It's an example of Australian innovation."
Mr Albanese said the government would seek to support further innovation in sectors such as space, defence and critical minerals as part of its forthcoming $15 billion National Reconstruction Fund.
Australia's space industry is estimated to employ 10,000 people and generates up to $4b revenue each year.
The Australian Space Agency, established in 2018, aims to triple its contribution to $12b and create 20,000 additional jobs in the industry by 2030.
Mr Gilmour said business and government backing would be vital to support the country's growing space innovations.
"Australia must have its own sovereign launch and satellite technologies if we are serious about growing our capabilities in defence, communications and advanced manufacturing," he said.
The Gold Coast company is expected to test its Eris rocket later this year from the Bowen Orbital Spaceport, which is in the final stages of construction.
Prime Minister Anthony Albanese visits Gilmour Space Technologies on the Gold Coast.
© Darren England/AAP PHOTOS
Story by Jennifer Dudley-Nicholson • 17-5-2023
Houston, we have a new contender.
Australia is just months away from joining the satellite-launching space race after Prime Minister Anthony Albanese on Wednesday unveiled the country's first homegrown rocket designed to enter orbit.
The launch vehicle, created by Gold Coast firm Gilmour Space Technologies, will lift off from a north Queensland base later this year and be used to deliver payloads of up to 4000kg into low-Earth orbit.
Gilmour Space Technologies chief executive and founder Adam Gilmour said a successful flight could make Australia one of only a few nations able to build and launch rockets into orbit.
"What you're looking at is the first orbital vehicle that's ever been designed and built in Australia," he said.
"It's critical technology – only 11 nations on the planet have orbital vehicles. When we go to space, we will be the 12th."
The locally built rocket, dubbed Eris, will also be one of the first orbital vehicles to rely on hybrid technology that combines solid and liquid propellants and is thought to be cheaper and safer conventional propulsion.
Visiting its Helensvale factory, Mr Albanese unveiled the rocket and signed the inside of its shell, congratulating the team on its future "lift-off".
He said the rocket's creation showed Australian businesses were capable of manufacturing world-class innovations.
"Australia can compete with the rest of the world. What we need to do is to back our businesses that are doing it," he said.
"What the Gilmours have done here is take a risk with their investment that they made in a start-up that's now attracting capital and attracting support. It's an example of Australian innovation."
Mr Albanese said the government would seek to support further innovation in sectors such as space, defence and critical minerals as part of its forthcoming $15 billion National Reconstruction Fund.
Australia's space industry is estimated to employ 10,000 people and generates up to $4b revenue each year.
The Australian Space Agency, established in 2018, aims to triple its contribution to $12b and create 20,000 additional jobs in the industry by 2030.
Mr Gilmour said business and government backing would be vital to support the country's growing space innovations.
"Australia must have its own sovereign launch and satellite technologies if we are serious about growing our capabilities in defence, communications and advanced manufacturing," he said.
The Gold Coast company is expected to test its Eris rocket later this year from the Bowen Orbital Spaceport, which is in the final stages of construction.
Prime Minister Anthony Albanese visits Gilmour Space Technologies on the Gold Coast.
© Darren England/AAP PHOTOS
3 yr. ago
ABC News Aus
Anthony Albanese visits AUKUS submarine facility while in the UK for King Charles’s coronation
Story by By Jacqueline Howard in London • 3h ago - 4-5-2023
Prime Minister Anthony Albanese toured the UK facility developing nuclear-powered submarines under the AUKUS deal during his second day in the country.
Speaking from the facility in the port-town of Barrow-in-Furness north of Manchester, Mr Albanese praised the economic benefits of the deal, likening it to the post-war boom of the car industry in its potential creation of jobs and benefits for communities and other industries.
"We regard the development of an advanced, highly sophisticated manufacturing capability in Australia as having implications not just for our defence but for other industries as well, and I see this as being very similar to what the car industry provided for Australia in the post-war period," Mr Albanese said during a press conference alongside the UK's Defence Secretary Ben Wallace.
"Here in Barrow is a great example of people who live very close to these facilities who are in secure, well-paid jobs for their lifetime.
"And I want those opportunities to be held in Australia."
The AUKUS submarine pact was announced in March this year at a media conference in San Diego featuring Mr Albanese, UK Prime Minister Rishi Sunak and US President Joe Biden, marking Australia's first steps into a nuclear submarine program.
The Australian government is investing in a brand new submarine known as the SSN-AUKUS, the design and development of which is taking place at the centre in Barrow-in-Furness.
The submarine is set to feature American combat systems and be operated by both the UK and Australia.
Once finalised, one submarine will be built every two years from the early 2040s through to the late 2050s.
The plan is for five SSN-AUKUS boats to be delivered to the Royal Australian Navy by the middle of the 2050s, and eventually, the fleet would include eight Australian submarines built in Adelaide into the 2060s.
In the meantime, the federal government will buy at least three American-manufactured nuclear submarines and contribute "significant additional resources" to US shipyards.
Almost $123 billion has been set aside as 'contingency' for the AUKUS program, according to an analysis by the Parliamentary Budget Office.
Mr Albanese said the contingency was justified for two reasons – the sheer scale of the project, and the benefit for communities.
"We were very transparent in the cost. We didn't try and gild the lily about what the cost would be when we made the announcements which were $268 billion to $368 billion. Those are costs," Mr Albanese said.
"Until you actually go and have a look first-hand, I think it is easy to underestimate the scale of what's happened here. The other thing that is clear about coming here is the impact that this has on this local community.
"We believe that this is a substantial investment in jobs, investment in our economy and an investment in our capability.
"And it is certainly one that is worthwhile and is good that it enjoys bipartisan support in our national parliament. And that's important for a project that will last for a long period of time."
During his tour of the facility, Mr Albanese met with young trainees working at the facility.
Anthony Albanese visits AUKUS submarine facility while in the UK for King Charles’s coronation
Story by By Jacqueline Howard in London • 3h ago - 4-5-2023
Prime Minister Anthony Albanese toured the UK facility developing nuclear-powered submarines under the AUKUS deal during his second day in the country.
Speaking from the facility in the port-town of Barrow-in-Furness north of Manchester, Mr Albanese praised the economic benefits of the deal, likening it to the post-war boom of the car industry in its potential creation of jobs and benefits for communities and other industries.
"We regard the development of an advanced, highly sophisticated manufacturing capability in Australia as having implications not just for our defence but for other industries as well, and I see this as being very similar to what the car industry provided for Australia in the post-war period," Mr Albanese said during a press conference alongside the UK's Defence Secretary Ben Wallace.
"Here in Barrow is a great example of people who live very close to these facilities who are in secure, well-paid jobs for their lifetime.
"And I want those opportunities to be held in Australia."
The AUKUS submarine pact was announced in March this year at a media conference in San Diego featuring Mr Albanese, UK Prime Minister Rishi Sunak and US President Joe Biden, marking Australia's first steps into a nuclear submarine program.
The Australian government is investing in a brand new submarine known as the SSN-AUKUS, the design and development of which is taking place at the centre in Barrow-in-Furness.
The submarine is set to feature American combat systems and be operated by both the UK and Australia.
Once finalised, one submarine will be built every two years from the early 2040s through to the late 2050s.
The plan is for five SSN-AUKUS boats to be delivered to the Royal Australian Navy by the middle of the 2050s, and eventually, the fleet would include eight Australian submarines built in Adelaide into the 2060s.
In the meantime, the federal government will buy at least three American-manufactured nuclear submarines and contribute "significant additional resources" to US shipyards.
Almost $123 billion has been set aside as 'contingency' for the AUKUS program, according to an analysis by the Parliamentary Budget Office.
Mr Albanese said the contingency was justified for two reasons – the sheer scale of the project, and the benefit for communities.
"We were very transparent in the cost. We didn't try and gild the lily about what the cost would be when we made the announcements which were $268 billion to $368 billion. Those are costs," Mr Albanese said.
"Until you actually go and have a look first-hand, I think it is easy to underestimate the scale of what's happened here. The other thing that is clear about coming here is the impact that this has on this local community.
"We believe that this is a substantial investment in jobs, investment in our economy and an investment in our capability.
"And it is certainly one that is worthwhile and is good that it enjoys bipartisan support in our national parliament. And that's important for a project that will last for a long period of time."
During his tour of the facility, Mr Albanese met with young trainees working at the facility.
4 yr. ago
Reuters
China's job market tough, especially for college graduates, says vice minister
Story by Reuters • Yesterday 1:29 pm - 27-4-2023
EIJING (Reuters) - China's job market remains tough, and it is becoming especially hard for college graduates to find jobs, vice Human Resources minister Yu Jiadong said on Thursday.
China's cabinet on Wednesday unveiled plans to boost employment, including supporting financial institutions to offer loans to small firms and issuing subsidies to firms that hire college graduates or unemployed young people.
"Employment is steady, but under pressure and the employment pressure for college graduates remains very big," Yu told a news conference.
The government will strive to achieve its job creation target this year, Yu said, while noting the uncertainty hanging over the global economic outlook.
The government aims to create around 12 million urban jobs in 2023, up from last year's target of at least 11 million.
A record 11.58 million college graduates will hit the job market this year, with the economy still feeling the impact from COVID-19 curbs that were removed in late 2022 and a crackdown on tech and education sectors.
China's survey-based jobless rate was 5.3% in March, but for 16-24 years old it was 19.6%, near a record high, official data showed.
Queues stretching hundreds of metres around temples have become a common sight in Chinese cities at weekends, as despondent young worshippers pray to find jobs.
(Reporting by Beijing newsroom and Kevin Yao; Editing by Simon Cameron-Moore)
China's job market tough, especially for college graduates, says vice minister
Story by Reuters • Yesterday 1:29 pm - 27-4-2023
EIJING (Reuters) - China's job market remains tough, and it is becoming especially hard for college graduates to find jobs, vice Human Resources minister Yu Jiadong said on Thursday.
China's cabinet on Wednesday unveiled plans to boost employment, including supporting financial institutions to offer loans to small firms and issuing subsidies to firms that hire college graduates or unemployed young people.
"Employment is steady, but under pressure and the employment pressure for college graduates remains very big," Yu told a news conference.
The government will strive to achieve its job creation target this year, Yu said, while noting the uncertainty hanging over the global economic outlook.
The government aims to create around 12 million urban jobs in 2023, up from last year's target of at least 11 million.
A record 11.58 million college graduates will hit the job market this year, with the economy still feeling the impact from COVID-19 curbs that were removed in late 2022 and a crackdown on tech and education sectors.
China's survey-based jobless rate was 5.3% in March, but for 16-24 years old it was 19.6%, near a record high, official data showed.
Queues stretching hundreds of metres around temples have become a common sight in Chinese cities at weekends, as despondent young worshippers pray to find jobs.
(Reporting by Beijing newsroom and Kevin Yao; Editing by Simon Cameron-Moore)
4 yr. ago
Sky News Australia
‘Jobs for mates’: Robert F. Kennedy Jr acknowledges ‘personal relationship’ with Biden
Story by Sky News Australia • Yesterday 8:40 pm - 20-4-2023
Robert F. Kennedy Jr acknowledged his “long personal relationship” with US President Joe Biden as he announced his run for the presidency.
“Seems like it's nepotism, doesn’t it? Jobs for mates,” 6PR host Oliver Peterson told Sky News host Chris Kenny.
“The Kennedy name on the one hand holds massive sway in the US but as you say, it will give that ‘drain the swamp’ idea and really start to ignite the Trump campaign.”
‘Jobs for mates’: Robert F. Kennedy Jr acknowledges ‘personal relationship’ with Biden
© Provided by Sky News Australia
‘Jobs for mates’: Robert F. Kennedy Jr acknowledges ‘personal relationship’ with Biden
Story by Sky News Australia • Yesterday 8:40 pm - 20-4-2023
Robert F. Kennedy Jr acknowledged his “long personal relationship” with US President Joe Biden as he announced his run for the presidency.
“Seems like it's nepotism, doesn’t it? Jobs for mates,” 6PR host Oliver Peterson told Sky News host Chris Kenny.
“The Kennedy name on the one hand holds massive sway in the US but as you say, it will give that ‘drain the swamp’ idea and really start to ignite the Trump campaign.”
‘Jobs for mates’: Robert F. Kennedy Jr acknowledges ‘personal relationship’ with Biden
© Provided by Sky News Australia
4 yr. ago
Reuters
Protester runs at Macron during state visit to Netherlands
Story by Reuters • Yesterday 11:13 pm - 12-4-2023
AMSTERDAM (Reuters) - A protester running towards French President Emmanuel Macron during his visit to the Netherlands on Wednesday had to be bundled to the ground by security officers.
The incident as Macron arrived at an event at the University of Amsterdam science campus, was the second day in a row his state visit had been disrupted by protests, after weeks of demonstrations at home against an unpopular pension law.
The man chanted as he was on the ground outside - in French but with an accent - a song popular in protests against the pension reform, that says: "We are here, we are here, even if Macron doesn't want it we are here."
Anger against the pension bill, which will delay retirement by two years to 64 and was pushed through parliament by the government without a vote, already disrupted the first day of his visit.
Macron had to fight to make himself heard above a man who shouted about French democracy having been lost during an event on Tuesday, before proceeding to give his speech about European sovereignty.
While anger against his domestic policy has followed Macron to the Netherlands, the French president is also facing criticism from European and U.S. allies over his foreign policy.
French officials are in damage control mode as they try to contain anger, division and confusion sparked by Macron's comments last week on reducing Europe's dependence on the United States and its relations with China and Taiwan.
In a tweet on Wednesday, Macron reiterated that Europe must stand up for itself - without referring to his China comments.
"A Europe which defends its interests and values, and is master of its destiny, creates jobs and manages climate transition, this is what we are building," he wrote.
The latest criticism came from former U.S. President Donald Trump, who accused Macron, who he said was a friend, of pandering to China's leader Xi Jinping.
Back at home, French unions plan another nationwide day of protests on Thursday against the pension law. Opinion polls show a majority of voters oppose the reform and back the protests.
The Constitutional Council is due to say on Friday if the law, and how it was adopted, respect the constitution or whether the opposition can start to try to collect enough signatures to organise a referendum against it.
If the council gives its green light, the new policy can be officially published and become law. Macron has said he wants it to enter into force by the end of the year.
(Writing by Ingrid Melander; Editing by Alison Williams)
Netherlands' King Willem-Alexander and French President Macron visit University of Amsterdam
© Thomson Reuters
Protester runs at Macron during state visit to Netherlands
Story by Reuters • Yesterday 11:13 pm - 12-4-2023
AMSTERDAM (Reuters) - A protester running towards French President Emmanuel Macron during his visit to the Netherlands on Wednesday had to be bundled to the ground by security officers.
The incident as Macron arrived at an event at the University of Amsterdam science campus, was the second day in a row his state visit had been disrupted by protests, after weeks of demonstrations at home against an unpopular pension law.
The man chanted as he was on the ground outside - in French but with an accent - a song popular in protests against the pension reform, that says: "We are here, we are here, even if Macron doesn't want it we are here."
Anger against the pension bill, which will delay retirement by two years to 64 and was pushed through parliament by the government without a vote, already disrupted the first day of his visit.
Macron had to fight to make himself heard above a man who shouted about French democracy having been lost during an event on Tuesday, before proceeding to give his speech about European sovereignty.
While anger against his domestic policy has followed Macron to the Netherlands, the French president is also facing criticism from European and U.S. allies over his foreign policy.
French officials are in damage control mode as they try to contain anger, division and confusion sparked by Macron's comments last week on reducing Europe's dependence on the United States and its relations with China and Taiwan.
In a tweet on Wednesday, Macron reiterated that Europe must stand up for itself - without referring to his China comments.
"A Europe which defends its interests and values, and is master of its destiny, creates jobs and manages climate transition, this is what we are building," he wrote.
The latest criticism came from former U.S. President Donald Trump, who accused Macron, who he said was a friend, of pandering to China's leader Xi Jinping.
Back at home, French unions plan another nationwide day of protests on Thursday against the pension law. Opinion polls show a majority of voters oppose the reform and back the protests.
The Constitutional Council is due to say on Friday if the law, and how it was adopted, respect the constitution or whether the opposition can start to try to collect enough signatures to organise a referendum against it.
If the council gives its green light, the new policy can be officially published and become law. Macron has said he wants it to enter into force by the end of the year.
(Writing by Ingrid Melander; Editing by Alison Williams)
Netherlands' King Willem-Alexander and French President Macron visit University of Amsterdam
© Thomson Reuters
4 yr. ago
Showbizz Daily
Stormy Daniels: the adult star who could put Trump behind bars
Story by Zeleb.es • 8h ago - 27-3-2023
Michael Cohen got involved
Before and during Trump's political career, his lawyer Michael Cohen would do a number of 'dirty' legal jobs for him. In 2018, Cohen would be convicted of fraud, lying to Congress, and violating campaign-finance laws, among other offenses.
Stormy Daniels: the adult star who could put Trump behind bars
Story by Zeleb.es • 8h ago - 27-3-2023
Michael Cohen got involved
Before and during Trump's political career, his lawyer Michael Cohen would do a number of 'dirty' legal jobs for him. In 2018, Cohen would be convicted of fraud, lying to Congress, and violating campaign-finance laws, among other offenses.
4 yr. ago
Sky News Australia
AUKUS deal to ‘shape and strengthen’ Australia's economy for ‘decades’
Story by Sky News Australia • Yesterday 2:32 pm - 22-3-2023
Prime Minister Anthony Albanese says the AUKUS deal will "shape and strengthen" Australia's economy for "decades into the future" as it will provide job opportunities and advances in technology.
“This represents the single biggest investment in Australia’s defence capability in our history, and the single biggest leap in terms of capacity and use of technology in our history as well,” he said during Question Time.
“This will be an Australian sovereign capability, once the Australian flag appears on a plane, a piece of equipment, a ship, a submarine then it is controlled by Australia and it operates at the direction of the government of Australia,” Mr Albanese said.
“The building of nuclear-powered submarines in Adelaide, that will be built by Australian workers with Australian products, having Australian skills and producing 20,000 direct Australian jobs, as well as a massive multiplier effect on our capacity to have advanced manufacturing in this country.”
AUKUS deal to ‘shape and strengthen’ Australia's economy for ‘decades’
© Provided by Sky News Australia
AUKUS deal to ‘shape and strengthen’ Australia's economy for ‘decades’
Story by Sky News Australia • Yesterday 2:32 pm - 22-3-2023
Prime Minister Anthony Albanese says the AUKUS deal will "shape and strengthen" Australia's economy for "decades into the future" as it will provide job opportunities and advances in technology.
“This represents the single biggest investment in Australia’s defence capability in our history, and the single biggest leap in terms of capacity and use of technology in our history as well,” he said during Question Time.
“This will be an Australian sovereign capability, once the Australian flag appears on a plane, a piece of equipment, a ship, a submarine then it is controlled by Australia and it operates at the direction of the government of Australia,” Mr Albanese said.
“The building of nuclear-powered submarines in Adelaide, that will be built by Australian workers with Australian products, having Australian skills and producing 20,000 direct Australian jobs, as well as a massive multiplier effect on our capacity to have advanced manufacturing in this country.”
AUKUS deal to ‘shape and strengthen’ Australia's economy for ‘decades’
© Provided by Sky News Australia
4 yr. ago
Could a Donald Trump-shaped torpedo sink Australia’s $368bn Aukus submarine plans?
Story by Daniel Hurst • 13h ago - 15-3-2023
In an attempt to put that enduring commitment beyond doubt, Australia has agreed to sling a few billion dollars towards the US over the next four years to prop up its already strained production capacity. This could well be politically unpalatable at a time of budget pressures, but Canberra considers this a necessary downpayment towards the US being prepared to sell at least three (and as many as five) of its Virginia class submarines to Australia in the 2030s. Still, it is not hard to imagine a future president – Trump or otherwise – rethinking that sale on the basis of prioritising US needs above those of Australia.
“The Aukus agreement we confirm here in San Diego represents the biggest single investment in Australia’s defence capability in our history,” the Australian prime minister, Anthony Albanese, said in San Diego alongside Biden, and the UK’s Rishi Sunak, all three surrounded by their flags.
In the meantime, work will begin to prepare the Osborne shipyard in South Australia for the massive undertaking of building a British-designed submarine featuring US tech, as the longer term solution. Construction is meant to start by the end of this decade, but the first of these Australian-built boats is not likely to be ready for the Royal Australian Navy until the 2040s onwards.
The Australian government was out and about on Tuesday promoting the opportunities created by Aukus: potentially thousands of jobs in the long term, a boost to science and tech knowhow, and the revival of domestic manufacturing. These could well be significant. But the security partnership is also full of risks.
The first relates to the cost. The forecast range of $268bn to $368bn between now and the mid 2050s is a cumulative bill for the entire program – including building up the facilities in Australia, buying the Virginia class subs, building the next-generation British designed submarine, and sustaining them all.
Most of this spending is beyond the first four-year budget period, and the government plays down the cost by saying it equates to 0.15% of gross domestic product a year on average. This submarine program cost is a subset of a Labor pledge to spend, overall, at least 2% of GDP on defence each year. But history tells us the cost of defence acquisitions only ever go up.
Another risk surrounds the technical complexity of the project, and whether Australia will face difficulties recruiting and training up the naval personnel, other supporting workers and nuclear specialists who will be required to make it a success (and operate the boats safely).
Going for a new design is also inherently risky – although the defence industry minister, Pat Conroy, said on Tuesday the government had sought to reduce that risk by having a delay of a few years between the first submarine entering into the UK’s service and the first one being handed over to the Australian navy.
Story by Daniel Hurst • 13h ago - 15-3-2023
In an attempt to put that enduring commitment beyond doubt, Australia has agreed to sling a few billion dollars towards the US over the next four years to prop up its already strained production capacity. This could well be politically unpalatable at a time of budget pressures, but Canberra considers this a necessary downpayment towards the US being prepared to sell at least three (and as many as five) of its Virginia class submarines to Australia in the 2030s. Still, it is not hard to imagine a future president – Trump or otherwise – rethinking that sale on the basis of prioritising US needs above those of Australia.
“The Aukus agreement we confirm here in San Diego represents the biggest single investment in Australia’s defence capability in our history,” the Australian prime minister, Anthony Albanese, said in San Diego alongside Biden, and the UK’s Rishi Sunak, all three surrounded by their flags.
In the meantime, work will begin to prepare the Osborne shipyard in South Australia for the massive undertaking of building a British-designed submarine featuring US tech, as the longer term solution. Construction is meant to start by the end of this decade, but the first of these Australian-built boats is not likely to be ready for the Royal Australian Navy until the 2040s onwards.
The Australian government was out and about on Tuesday promoting the opportunities created by Aukus: potentially thousands of jobs in the long term, a boost to science and tech knowhow, and the revival of domestic manufacturing. These could well be significant. But the security partnership is also full of risks.
The first relates to the cost. The forecast range of $268bn to $368bn between now and the mid 2050s is a cumulative bill for the entire program – including building up the facilities in Australia, buying the Virginia class subs, building the next-generation British designed submarine, and sustaining them all.
Most of this spending is beyond the first four-year budget period, and the government plays down the cost by saying it equates to 0.15% of gross domestic product a year on average. This submarine program cost is a subset of a Labor pledge to spend, overall, at least 2% of GDP on defence each year. But history tells us the cost of defence acquisitions only ever go up.
Another risk surrounds the technical complexity of the project, and whether Australia will face difficulties recruiting and training up the naval personnel, other supporting workers and nuclear specialists who will be required to make it a success (and operate the boats safely).
Going for a new design is also inherently risky – although the defence industry minister, Pat Conroy, said on Tuesday the government had sought to reduce that risk by having a delay of a few years between the first submarine entering into the UK’s service and the first one being handed over to the Australian navy.
4 yr. ago
Mark Zuckerberg’s ‘year of efficiency’ now means another 10,000 layoffs and a hiring freeze on 5,000 more jobs
BYTRISTAN BOVE
March 15, 2023 at 1:07 AM GMT+11
Meta’s brutal year of efficiency is only just getting started. After laying off around 11,000 employees in November, the company is resorting to even more firings and job cuts. The Facebook parent is terminating around 10,000 jobs and halting hiring for 5,000 open positions, CEO Mark Zuckerberg announced in a blog post Tuesday, in the latest tech sector push to lower costs and streamline operations.
Zuckerberg did not specify what areas of the company would be most affected by job reductions, although Meta’s recruiting team is one of the departments getting downsized, as slower hiring rates are likely to be a permanent reality at the company moving forward.
The first round of Meta layoffs affected around 13% of overall staff, and employees have been bracing for more terminations for weeks ever since Zuckerberg made publicly clear that the company was going to double down on efficiency and become leaner in every department during its last quarterly earnings call with investors last month.
The CEO declared at the time 2023 was going to be the company’s “year of efficiency” as it aimed to become a “stronger and more nimble organization.” He added that while Meta would double down in certain competitive areas including artificial intelligence, unnecessary and underperforming projects were on the cutting board. Of the November layoffs, Zuckerberg said it was the “beginning of our focus on efficiency and not the end.”
A turbid economic climate for tech companies has been especially difficult for social media platforms like Meta, which in addition to Facebook also owns Instagram and Whatsapp. Advertising revenue at the company has been slowing since last year, while investors and Meta shareholders have also grown critical of Zuckerberg’s decision to steer the company into uncharted waters with his metaverse push, first announced in late 2021.
Like many other tech companies, Meta expanded wildly during the early years of the pandemic and hired aggressively, but has since been forced into downscaling as the Federal Reserve began raising interest rates to cool down the economy last year. The company had more than 87,000 employees in September, a 28% increase from the year before.
In his blog post announcing the latest layoffs, Zuckerberg mentioned Meta’s “year of efficiency” six times. He referred to the company’s A.I. vision as “our single largest investment” and stated that the company’s long-term goal is to build A.I. “into every one of our products.” Zuckerberg also said A.I. will be employed within the company to improve efficiency, calling it one of Meta’s “tools that will make us most effective over many years.” He said Meta is planning to use A.I. to “help engineers write better code faster, enabling us to automate workloads over time, or identifying obsolete processes that we can phase out.”
But Zuckerberg also suggested Meta may have permanently moved on from its freewheeling past to focus on efficiency and cost-cutting. He warned the company may still struggle to stay profitable in the immediate future as conditions in today’s market environment threaten to persist past this year.
BYTRISTAN BOVE
March 15, 2023 at 1:07 AM GMT+11
Meta’s brutal year of efficiency is only just getting started. After laying off around 11,000 employees in November, the company is resorting to even more firings and job cuts. The Facebook parent is terminating around 10,000 jobs and halting hiring for 5,000 open positions, CEO Mark Zuckerberg announced in a blog post Tuesday, in the latest tech sector push to lower costs and streamline operations.
Zuckerberg did not specify what areas of the company would be most affected by job reductions, although Meta’s recruiting team is one of the departments getting downsized, as slower hiring rates are likely to be a permanent reality at the company moving forward.
The first round of Meta layoffs affected around 13% of overall staff, and employees have been bracing for more terminations for weeks ever since Zuckerberg made publicly clear that the company was going to double down on efficiency and become leaner in every department during its last quarterly earnings call with investors last month.
The CEO declared at the time 2023 was going to be the company’s “year of efficiency” as it aimed to become a “stronger and more nimble organization.” He added that while Meta would double down in certain competitive areas including artificial intelligence, unnecessary and underperforming projects were on the cutting board. Of the November layoffs, Zuckerberg said it was the “beginning of our focus on efficiency and not the end.”
A turbid economic climate for tech companies has been especially difficult for social media platforms like Meta, which in addition to Facebook also owns Instagram and Whatsapp. Advertising revenue at the company has been slowing since last year, while investors and Meta shareholders have also grown critical of Zuckerberg’s decision to steer the company into uncharted waters with his metaverse push, first announced in late 2021.
Like many other tech companies, Meta expanded wildly during the early years of the pandemic and hired aggressively, but has since been forced into downscaling as the Federal Reserve began raising interest rates to cool down the economy last year. The company had more than 87,000 employees in September, a 28% increase from the year before.
In his blog post announcing the latest layoffs, Zuckerberg mentioned Meta’s “year of efficiency” six times. He referred to the company’s A.I. vision as “our single largest investment” and stated that the company’s long-term goal is to build A.I. “into every one of our products.” Zuckerberg also said A.I. will be employed within the company to improve efficiency, calling it one of Meta’s “tools that will make us most effective over many years.” He said Meta is planning to use A.I. to “help engineers write better code faster, enabling us to automate workloads over time, or identifying obsolete processes that we can phase out.”
But Zuckerberg also suggested Meta may have permanently moved on from its freewheeling past to focus on efficiency and cost-cutting. He warned the company may still struggle to stay profitable in the immediate future as conditions in today’s market environment threaten to persist past this year.
4 yr. ago
Anthony Albanese heralds 'new dawn for Australia's defence policy' ahead of details on AUKUS and nuclear sub deal
Prime Minister Anthony Albanese will finally reveal details of Australia's nuclear submarine acquisition after talks with US President Joe Biden and UK Prime Minister Rishi Sunak in San Diego.
Max Melzer
Digital Reporter
March 13, 2023 - 4:05PM sky News.com.au
Anthony Albanese has claimed Australia's imminent purchase of nuclear submarines under the AUKUS partnership represents a "new dawn for Australia's defence policy to mark".
The Prime Minister made the remark whilst on a walk with Royal Australian Navy chief Vice-Admiral Mark Hammond around San Diego's harbour ahead of meetings on Monday (local time) with US President Joe Biden and British PM Rishi Sunak.
The talks with Australia's AUKUS partners are expected to mark the conclusion of the long-running submarine saga the government has grappled with since the last election.
While there has been confusion around which submarines the nation will receive and when, it is widely anticipated Mr Albanese will announce the purchase of up to five Virginia class submarines to fill the capability gap while a new design, based on Britain's Astute class boat, is developed.
The Virginia class is regarded as the best in the world, although the subs being sent to Australia are likely to be second-hand.
Mr Albanese is also expected to announce the deal to acquire the AUKUS boats will generate about 20,000 local jobs over the next three decades, reiterating a promise first made by former prime minister Scott Morrison that the new submarines would be built and maintained in Australia.
South Australian Premier Peter Malinauskas all but confirmed this on Friday, saying he had spoken to the Prime Minister on "multiple occasions" about the project.
"We will be building nuclear submarines here in Adelaide and the Commonwealth will be monitoring its commitment in full," he told the ABC.
United States Navy Virginia Class submarine USS Mississippi arrives at Fleet Base West in Rockingham, Western Australia, for a routine port visit. Australia is expected to acquire up to five Virginia class boats through the AUKUS pact. Picture: Navy Imagery Unit - West
Prime Minister Anthony Albanese will finally reveal details of Australia's nuclear submarine acquisition after talks with US President Joe Biden and UK Prime Minister Rishi Sunak in San Diego.
Max Melzer
Digital Reporter
March 13, 2023 - 4:05PM sky News.com.au
Anthony Albanese has claimed Australia's imminent purchase of nuclear submarines under the AUKUS partnership represents a "new dawn for Australia's defence policy to mark".
The Prime Minister made the remark whilst on a walk with Royal Australian Navy chief Vice-Admiral Mark Hammond around San Diego's harbour ahead of meetings on Monday (local time) with US President Joe Biden and British PM Rishi Sunak.
The talks with Australia's AUKUS partners are expected to mark the conclusion of the long-running submarine saga the government has grappled with since the last election.
While there has been confusion around which submarines the nation will receive and when, it is widely anticipated Mr Albanese will announce the purchase of up to five Virginia class submarines to fill the capability gap while a new design, based on Britain's Astute class boat, is developed.
The Virginia class is regarded as the best in the world, although the subs being sent to Australia are likely to be second-hand.
Mr Albanese is also expected to announce the deal to acquire the AUKUS boats will generate about 20,000 local jobs over the next three decades, reiterating a promise first made by former prime minister Scott Morrison that the new submarines would be built and maintained in Australia.
South Australian Premier Peter Malinauskas all but confirmed this on Friday, saying he had spoken to the Prime Minister on "multiple occasions" about the project.
"We will be building nuclear submarines here in Adelaide and the Commonwealth will be monitoring its commitment in full," he told the ABC.
United States Navy Virginia Class submarine USS Mississippi arrives at Fleet Base West in Rockingham, Western Australia, for a routine port visit. Australia is expected to acquire up to five Virginia class boats through the AUKUS pact. Picture: Navy Imagery Unit - West
4 yr. ago
Australia faces looming nuclear skills challenge to support Aukus submarines
Pact with US and UK poses challenge to educate, train and recruit necessary personnel, experts say.
The Guardian News
Australia will need to significantly scale up local nuclear education and training to build sufficient expertise for the multi-decade Aukus submarine plan, experts say.
The Australian prime minister, Anthony Albanese, is expected to unveil the plan on Tuesday morning AEDT, with the UK prime minister, Rishi Sunak, and the US president, Joe Biden.
The Australian government estimates that Aukus will support 20,000 jobs over 30 years, across the Australian Defence Force, the public service and private industry.
Virginia class nuclear-powered submarine
Aukus: 10 things we need to know about Australia’s nuclear submarine program
Read more
It poses a looming challenge to educate, train and recruit the necessary personnel, but experts say Australia has a good base from which to expand its nuclear industry.
Dr Patrick Burr, a senior lecturer in nuclear engineering at the University of New South Wales, said “we definitely have a healthy nuclear industry in Australia, but it’s often overlooked”, citing nuclear safeguards and research into nuclear materials, nuclear medicine and waste. “On the other hand … it needs to grow manyfold.”
Prof Gregory Lane, who convenes the master of nuclear science program at the Australian National University, agrees. “There’s a lot of knowledge about nuclear science. It’s required in all sorts of different areas: mining, health, sterilisation of materials for general industry, industrial gauging.”
The Lucas Heights nuclear research reactor in Sydney. Experts say Australia needs to expand its nuclear expertise for the Aukus submarine pact with US and UK. Photograph: Tracey Nearmy/AAP
Pact with US and UK poses challenge to educate, train and recruit necessary personnel, experts say.
The Guardian News
Australia will need to significantly scale up local nuclear education and training to build sufficient expertise for the multi-decade Aukus submarine plan, experts say.
The Australian prime minister, Anthony Albanese, is expected to unveil the plan on Tuesday morning AEDT, with the UK prime minister, Rishi Sunak, and the US president, Joe Biden.
The Australian government estimates that Aukus will support 20,000 jobs over 30 years, across the Australian Defence Force, the public service and private industry.
Virginia class nuclear-powered submarine
Aukus: 10 things we need to know about Australia’s nuclear submarine program
Read more
It poses a looming challenge to educate, train and recruit the necessary personnel, but experts say Australia has a good base from which to expand its nuclear industry.
Dr Patrick Burr, a senior lecturer in nuclear engineering at the University of New South Wales, said “we definitely have a healthy nuclear industry in Australia, but it’s often overlooked”, citing nuclear safeguards and research into nuclear materials, nuclear medicine and waste. “On the other hand … it needs to grow manyfold.”
Prof Gregory Lane, who convenes the master of nuclear science program at the Australian National University, agrees. “There’s a lot of knowledge about nuclear science. It’s required in all sorts of different areas: mining, health, sterilisation of materials for general industry, industrial gauging.”
The Lucas Heights nuclear research reactor in Sydney. Experts say Australia needs to expand its nuclear expertise for the Aukus submarine pact with US and UK. Photograph: Tracey Nearmy/AAP
4 yr. ago
AUKUS submarines 'transformational' for Australia
Story by Tess Ikonomou • Yesterday 10:38 am
Concerns over joint-crewing on Australia's future nuclear-powered submarines are "over-hyped" with the AUKUS partnership to be "transformational" for the nation's workers.
US Congressman Joe Courtney, co-chair of Washington's "AUKUS Caucus" said the announcement on Monday, US local time, was going to be a "very thoughtful product".
"It's going to be a transformational enterprise for working people in Australia," he told ABC's Insiders on Sunday.
"Everybody's going to be sort of contributing to each other's needs."
Mr Courtney said concerns over joint-crewing were "over-hyped," saying once the boats were handed over, the submarines would be under "Australian control".
"Everyone understands we need to train up the Australian sailors and officers in terms of nuclear propulsion," he said.
Asked if Australia would get second-hand submarines or brand new ones, Mr Courtney reassured that the country would get the "highest quality".
"No one's gonna be foisting off clunkers to good friends and allies," he said.
Port Kembla in NSW, has emerged as Defence's preferred location for a new east-coast submarine base, according to the ABC.
It is reportedly favoured because of its deep ocean approaches and surrounding infrastructure.
Prime Minister Anthony Albanese left India on Saturday for the United States, where he will join President Joe Biden and British Prime Minister Rishi Sunak in San Diego on Monday for the landmark statement.
The three countries first announced the AUKUS plan in 2021 as part of efforts to counter China in the Indo-Pacific region, with the US and United Kingdom agreeing to provide Australia with the capability to deploy nuclear-powered submarines.
Australia is expected to buy up to five US Virginia class nuclear-powered submarines.
It has been speculated there will be multiple stages to the plan, with at least one US submarine visiting Australian ports in the coming years and the advent of a new class of submarines built with British designs and American technology.
On Saturday, Mr Albanese said the project was also about Australian jobs, particularly shipyard and manufacturing work in South Australia and Western Australia.
Asked also about the enormous cost, Mr Albanese said he would explain to the Australian people why it was worthwhile given the deficit hole in the national budget.
"Yes, we will," he said in New Delhi before departing for the US.
"Australia faces real challenges. We have said very clearly and explicitly that there are major pressures on expenditure, not just in defence, but in other areas as well."
In the lead-up to the 2023/24 budget release in May, Mr Albanese reiterated the government needed to be prepared to "make some difficult decisions".
Mr Albanese last week rejected China's criticism of the submarine plans, saying Australia could boost its military power while improving relations with Beijing as well as its relationships with other countries in the Indo-Pacific.
Story by Tess Ikonomou • Yesterday 10:38 am
Concerns over joint-crewing on Australia's future nuclear-powered submarines are "over-hyped" with the AUKUS partnership to be "transformational" for the nation's workers.
US Congressman Joe Courtney, co-chair of Washington's "AUKUS Caucus" said the announcement on Monday, US local time, was going to be a "very thoughtful product".
"It's going to be a transformational enterprise for working people in Australia," he told ABC's Insiders on Sunday.
"Everybody's going to be sort of contributing to each other's needs."
Mr Courtney said concerns over joint-crewing were "over-hyped," saying once the boats were handed over, the submarines would be under "Australian control".
"Everyone understands we need to train up the Australian sailors and officers in terms of nuclear propulsion," he said.
Asked if Australia would get second-hand submarines or brand new ones, Mr Courtney reassured that the country would get the "highest quality".
"No one's gonna be foisting off clunkers to good friends and allies," he said.
Port Kembla in NSW, has emerged as Defence's preferred location for a new east-coast submarine base, according to the ABC.
It is reportedly favoured because of its deep ocean approaches and surrounding infrastructure.
Prime Minister Anthony Albanese left India on Saturday for the United States, where he will join President Joe Biden and British Prime Minister Rishi Sunak in San Diego on Monday for the landmark statement.
The three countries first announced the AUKUS plan in 2021 as part of efforts to counter China in the Indo-Pacific region, with the US and United Kingdom agreeing to provide Australia with the capability to deploy nuclear-powered submarines.
Australia is expected to buy up to five US Virginia class nuclear-powered submarines.
It has been speculated there will be multiple stages to the plan, with at least one US submarine visiting Australian ports in the coming years and the advent of a new class of submarines built with British designs and American technology.
On Saturday, Mr Albanese said the project was also about Australian jobs, particularly shipyard and manufacturing work in South Australia and Western Australia.
Asked also about the enormous cost, Mr Albanese said he would explain to the Australian people why it was worthwhile given the deficit hole in the national budget.
"Yes, we will," he said in New Delhi before departing for the US.
"Australia faces real challenges. We have said very clearly and explicitly that there are major pressures on expenditure, not just in defence, but in other areas as well."
In the lead-up to the 2023/24 budget release in May, Mr Albanese reiterated the government needed to be prepared to "make some difficult decisions".
Mr Albanese last week rejected China's criticism of the submarine plans, saying Australia could boost its military power while improving relations with Beijing as well as its relationships with other countries in the Indo-Pacific.
4 yr. ago
Fears of American crews controlling Australia's nuclear submarines in AUKUS deal 'overhyped'
Story by Aidan Wondracz For Daily Mail Australia • Yesterday 5:06 pm
On Saturday, Mr Albanese said the project was also about Australian jobs, particularly shipyard and manufacturing work in South Australia and Western Australia.
Asked also about the enormous cost, Mr Albanese said he would explain to the Australian people why it was worthwhile given the deficit hole in the national budget.
'Yes, we will,' he said in New Delhi before departing for the US.
'Australia faces real challenges. We have said very clearly and explicitly that there are major pressures on expenditure, not just in defence, but in other areas as well.'
In the lead-up to the 2023/24 budget release in May, Mr Albanese reiterated the government needed to be prepared to 'make some difficult decisions'.
Mr Albanese last week rejected China's criticism of the submarine plans, saying Australia could boost its military power while improving relations with Beijing as well as its relationships with other countries in the Indo-Pacific.
'It's a consistent position, we need to ensure that Australia's defence assets are the best they can be,' he said.
Mr Albanese will also discuss with Mr Biden and Mr Sunak Russia's war against Ukraine, climate change action and global economic challenges including inflation and energy prices.
Story by Aidan Wondracz For Daily Mail Australia • Yesterday 5:06 pm
On Saturday, Mr Albanese said the project was also about Australian jobs, particularly shipyard and manufacturing work in South Australia and Western Australia.
Asked also about the enormous cost, Mr Albanese said he would explain to the Australian people why it was worthwhile given the deficit hole in the national budget.
'Yes, we will,' he said in New Delhi before departing for the US.
'Australia faces real challenges. We have said very clearly and explicitly that there are major pressures on expenditure, not just in defence, but in other areas as well.'
In the lead-up to the 2023/24 budget release in May, Mr Albanese reiterated the government needed to be prepared to 'make some difficult decisions'.
Mr Albanese last week rejected China's criticism of the submarine plans, saying Australia could boost its military power while improving relations with Beijing as well as its relationships with other countries in the Indo-Pacific.
'It's a consistent position, we need to ensure that Australia's defence assets are the best they can be,' he said.
Mr Albanese will also discuss with Mr Biden and Mr Sunak Russia's war against Ukraine, climate change action and global economic challenges including inflation and energy prices.
4 yr. ago
AUKUS allows Australia to defend it’s ‘very large coastline’
Story by Sky News Australia • 1h ago
Shadow Attorney-General Julian Leeser says the benefit of the AUKUS program is “access to nuclear submarine technology” that only Britain and America have shared with each other.
“It allows a country with a very large coastline like ours to defend ourselves,” Mr Leeser told Sky News Australia.
“It provides for jobs for Australians, but the details of that announcement we will see from the government in the next few days.”
Story by Sky News Australia • 1h ago
Shadow Attorney-General Julian Leeser says the benefit of the AUKUS program is “access to nuclear submarine technology” that only Britain and America have shared with each other.
“It allows a country with a very large coastline like ours to defend ourselves,” Mr Leeser told Sky News Australia.
“It provides for jobs for Australians, but the details of that announcement we will see from the government in the next few days.”
4 yr. ago
Biden to host Australia and Britain to reveal details of submarine pact to counter China
Story by By David Brunnstrom • Yesterday 11:31 pm
By David Brunnstrom
WASHINGTON (Reuters) - U.S. President Joe Biden will meet leaders of Australia and Britain in San Diego on Monday to announce a way forward for Australia to receive nuclear-powered submarines in Canberra's biggest-ever defense project.
The three countries announced the so-called AUKUS plan in 2021 as part of efforts to counter China in the Indo-Pacific region.
However, questions remain over strict U.S. curbs on the extensive technology sharing needed for the project and about the length of time it will take to deliver the submarines.
Australia is expected to buy up to five U.S. Virginia class nuclear-powered submarines in the 2030s as part of the landmark agreement to be revealed in detail by Biden, Australian Prime Minister Anthony Albanese and British Prime Minister Rushi Sunak, four U.S. officials told Reuters this week.
The agreement would have multiple stages with at least one U.S. submarine visiting Australian ports in the coming years and end in the late 2030s with a new class of submarines built with British designs and American technology, one of the officials said.
Two of the officials said that after the annual port visits, the United States would forward deploy some submarines in Western Australia by around 2027.
In the early 2030s, Australia would buy three Virginia class submarines and have the option to buy two more.
China has condemned the effort by the Western allies, who are seeking to counter its military buildup, pressure on Taiwan and increasingly muscular deployments in the contested South China Sea.
SHARING SENSITIVE TECHNOLOGY
The officials did not elaborate on the planned new class of submarines, including where they would be built, but Australia's ambassador to Washington said last week there would be a "genuine trilateral solution" and the plan offers the prospect of jobs in all three countries.
Under the initial AUKUS deal announced in 2021, the United States and Britain agreed to provide Australia with the technology and capability to deploy nuclear-powered submarines.
It will be the first time the United States has shared nuclear-propulsion technology since it did so with Britain in the 1950s. Currently no party to the nuclear Non-Proliferation Treaty other than the five countries the NPT recognizes as weapons states - the United States, Russia, China, Britain and France - has nuclear submarines.
In a second stage of the AUKUS project, the three countries will share advanced technology such as artificial intelligence and hypersonic weapons. British and Australian officials said last week there was still work needed to break down bureaucratic barriers to such technology sharing.
Bill Greenwalt, a former senior Pentagon official for industrial policy, said that since it will be years before the Australia has new submarines, the partners urgently need to move forward with this second stage, which covers capabilities that could be deployed within the next few years and are needed quickly given the growing threat posed by China.
"Undersea drones, swarming drones, ubiquitous surveillance, advanced AI and data analytics are all in this potential wheelhouse but ITAR (International Traffic in Arms Regulations) prevents the types of cooperation that is needed," said Greenwalt, referring to U.S. export rules.
Story by By David Brunnstrom • Yesterday 11:31 pm
By David Brunnstrom
WASHINGTON (Reuters) - U.S. President Joe Biden will meet leaders of Australia and Britain in San Diego on Monday to announce a way forward for Australia to receive nuclear-powered submarines in Canberra's biggest-ever defense project.
The three countries announced the so-called AUKUS plan in 2021 as part of efforts to counter China in the Indo-Pacific region.
However, questions remain over strict U.S. curbs on the extensive technology sharing needed for the project and about the length of time it will take to deliver the submarines.
Australia is expected to buy up to five U.S. Virginia class nuclear-powered submarines in the 2030s as part of the landmark agreement to be revealed in detail by Biden, Australian Prime Minister Anthony Albanese and British Prime Minister Rushi Sunak, four U.S. officials told Reuters this week.
The agreement would have multiple stages with at least one U.S. submarine visiting Australian ports in the coming years and end in the late 2030s with a new class of submarines built with British designs and American technology, one of the officials said.
Two of the officials said that after the annual port visits, the United States would forward deploy some submarines in Western Australia by around 2027.
In the early 2030s, Australia would buy three Virginia class submarines and have the option to buy two more.
China has condemned the effort by the Western allies, who are seeking to counter its military buildup, pressure on Taiwan and increasingly muscular deployments in the contested South China Sea.
SHARING SENSITIVE TECHNOLOGY
The officials did not elaborate on the planned new class of submarines, including where they would be built, but Australia's ambassador to Washington said last week there would be a "genuine trilateral solution" and the plan offers the prospect of jobs in all three countries.
Under the initial AUKUS deal announced in 2021, the United States and Britain agreed to provide Australia with the technology and capability to deploy nuclear-powered submarines.
It will be the first time the United States has shared nuclear-propulsion technology since it did so with Britain in the 1950s. Currently no party to the nuclear Non-Proliferation Treaty other than the five countries the NPT recognizes as weapons states - the United States, Russia, China, Britain and France - has nuclear submarines.
In a second stage of the AUKUS project, the three countries will share advanced technology such as artificial intelligence and hypersonic weapons. British and Australian officials said last week there was still work needed to break down bureaucratic barriers to such technology sharing.
Bill Greenwalt, a former senior Pentagon official for industrial policy, said that since it will be years before the Australia has new submarines, the partners urgently need to move forward with this second stage, which covers capabilities that could be deployed within the next few years and are needed quickly given the growing threat posed by China.
"Undersea drones, swarming drones, ubiquitous surveillance, advanced AI and data analytics are all in this potential wheelhouse but ITAR (International Traffic in Arms Regulations) prevents the types of cooperation that is needed," said Greenwalt, referring to U.S. export rules.
4 yr. ago
What will next week's AUKUS talks mean for South Australia's shipbuilding industry?
ABC News (AU)
We are on the brink of what's been touted as one of the most significant decisions in South Australia's recent history.
But it's a call that will be made a long way from North Terrace and Rundle Mall.
Anthony Albanese will meet the leaders of the United Kingdom and the United States in San Diego, about 13,000 kilometres from Adelaide, for AUKUS discussions to finalise an agreement around the future of Australia's submarine fleet.
South Australia's shipbuilders are on tenterhooks, with that decision having major implications for an industry which is a large cog in the state's economy.
So, what do you need to know ahead of that decision? And why is this so important for South Australia?
What is AUKUS?
In September 2021, Scott Morrison, Joe Biden and Boris Johnson combined to cause quite a shock — announcing a new defence partnership between Australia, the UK and the US.
A couple of the leaders have changed since then, but the core of the agreement remains the same — Australia will gain access to American and British nuclear secrets to get a new fleet of submarines in the water.
It was billed as crucial to strengthening Australia's power in the Indo-Pacific at a time of rising tensions.
What's happening now?
There were some challenges that remained after that 2021 deal.
At the top of the list was what would fill Australia's naval "capability gap".
Canberra has long wanted to replace its ageing fleet of Collins Class submarines, but building high-tech naval vessels is a long and expensive process.
Getting the new nuclear-powered submarine program up and running is not a quick exercise.
Mr Biden and Mr Albanese's meeting with Rishi Sunak in Southern California should answer the question of what happens in the interim with Australia's fleet.
Why does this matter for South Australia?
It's simple really: jobs and defence.
The defence sector is absolutely vital for South Australia, employing around 15,000 people.
The industry makes up about 4 per cent of the SA economy, which is billions of dollars per year, and accounts for 6.4 per cent of the state's exports.
At the heart of that industry is shipbuilding — Adelaide has long been at the centre of the Australian Navy's construction and maintenance programs.
How will this decision change that?
The shipbuilding workforce needs something to do.
If Australia is buying boats from overseas, that initially may mean less work locally in a state which has already suffered its share of manufacturing blows.
But if the commonwealth locks in a decades-long shipbuilding program for South Australia, advocates say the economic benefits could be enormous.
That's why SA's shipbuilding workforce is waiting anxiously to find out what the future holds.
What do we know so far?
Well, not a lot.
There have been media leaks suggesting Australia will buy American Virginia-class submarines as a stopgap measure, before eventually constructing its own vessels — a modified version of a British design currently in development.
But the federal government is yet to confirm anything, beyond saying Australia will maintain "100 per cent sovereignty" over its future submarines.
In terms of what it means for South Australia, Foreign Minister Penny Wong said it would mean a "historical and extraordinary uplift" for the state's industrial capability.
ABC News (AU)
We are on the brink of what's been touted as one of the most significant decisions in South Australia's recent history.
But it's a call that will be made a long way from North Terrace and Rundle Mall.
Anthony Albanese will meet the leaders of the United Kingdom and the United States in San Diego, about 13,000 kilometres from Adelaide, for AUKUS discussions to finalise an agreement around the future of Australia's submarine fleet.
South Australia's shipbuilders are on tenterhooks, with that decision having major implications for an industry which is a large cog in the state's economy.
So, what do you need to know ahead of that decision? And why is this so important for South Australia?
What is AUKUS?
In September 2021, Scott Morrison, Joe Biden and Boris Johnson combined to cause quite a shock — announcing a new defence partnership between Australia, the UK and the US.
A couple of the leaders have changed since then, but the core of the agreement remains the same — Australia will gain access to American and British nuclear secrets to get a new fleet of submarines in the water.
It was billed as crucial to strengthening Australia's power in the Indo-Pacific at a time of rising tensions.
What's happening now?
There were some challenges that remained after that 2021 deal.
At the top of the list was what would fill Australia's naval "capability gap".
Canberra has long wanted to replace its ageing fleet of Collins Class submarines, but building high-tech naval vessels is a long and expensive process.
Getting the new nuclear-powered submarine program up and running is not a quick exercise.
Mr Biden and Mr Albanese's meeting with Rishi Sunak in Southern California should answer the question of what happens in the interim with Australia's fleet.
Why does this matter for South Australia?
It's simple really: jobs and defence.
The defence sector is absolutely vital for South Australia, employing around 15,000 people.
The industry makes up about 4 per cent of the SA economy, which is billions of dollars per year, and accounts for 6.4 per cent of the state's exports.
At the heart of that industry is shipbuilding — Adelaide has long been at the centre of the Australian Navy's construction and maintenance programs.
How will this decision change that?
The shipbuilding workforce needs something to do.
If Australia is buying boats from overseas, that initially may mean less work locally in a state which has already suffered its share of manufacturing blows.
But if the commonwealth locks in a decades-long shipbuilding program for South Australia, advocates say the economic benefits could be enormous.
That's why SA's shipbuilding workforce is waiting anxiously to find out what the future holds.
What do we know so far?
Well, not a lot.
There have been media leaks suggesting Australia will buy American Virginia-class submarines as a stopgap measure, before eventually constructing its own vessels — a modified version of a British design currently in development.
But the federal government is yet to confirm anything, beyond saying Australia will maintain "100 per cent sovereignty" over its future submarines.
In terms of what it means for South Australia, Foreign Minister Penny Wong said it would mean a "historical and extraordinary uplift" for the state's industrial capability.
4 yr. ago
Analysis: What the ‘oldest of allies’ have to gain from the AUKUS agreement
Story by Sky News Australia • Yesterday 4:58 pm
Sky News Washington Correspondent Annelise Nielsen has assessed how Australia, the UK and the United States will benefit from the AUKUS agreement.
“We’re the oldest of allies – each with something to gain,” Ms Nielsen said.
Ms Nielsen said Australia is “ultimately the big winners in this”.
“We gain modern, advanced technology, a global show of support and potentially an investment in local jobs.”
Story by Sky News Australia • Yesterday 4:58 pm
Sky News Washington Correspondent Annelise Nielsen has assessed how Australia, the UK and the United States will benefit from the AUKUS agreement.
“We’re the oldest of allies – each with something to gain,” Ms Nielsen said.
Ms Nielsen said Australia is “ultimately the big winners in this”.
“We gain modern, advanced technology, a global show of support and potentially an investment in local jobs.”
4 yr. ago
Trump Hotels "did what it could..."
The report also reveals that agents were charged while protecting Donald Trump's sons. When Eric Trump came to visit his father, he opted to stay away from the White House in a DC Trump hotel, along with his security detail. But Eric Trump said that accommodation for the Secret Service at Trump-owned ventures was always "provided at cost, heavily discounted or for free". He went on: "The company would have been substantially better off if hospitality services were sold to full-paying guests, however, the company did whatever it took to accommodate the agencies to ensure they were able to do their jobs at the highest levels — they are amazing men and women.”
The report also reveals that agents were charged while protecting Donald Trump's sons. When Eric Trump came to visit his father, he opted to stay away from the White House in a DC Trump hotel, along with his security detail. But Eric Trump said that accommodation for the Secret Service at Trump-owned ventures was always "provided at cost, heavily discounted or for free". He went on: "The company would have been substantially better off if hospitality services were sold to full-paying guests, however, the company did whatever it took to accommodate the agencies to ensure they were able to do their jobs at the highest levels — they are amazing men and women.”
