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newsMar 18, 20261:23

Von der Leyen, Albanese Discuss Trade, Middle East

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European Commission President Ursula von der Leyen embarks on a visit to Australia, aiming to finalize a free trade agreement after years of negotiations. The talks, which stalled over tariffs on Australian beef and lamb exports, are now showing progress. Prime Minister Anthony Albanese emphasizes the potential for deepened ties in security, peace, and economic growth. Meanwhile, the Middle East conflict threatens Australias economy, with potential shortages of fertilizer and rising inflation due to higher oil prices and disruptions. Treasurer Jim Chalmers proposes budget measures to mitigate these risks.

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Von der Leyen, Albanese Discuss Trade, Middle East

Sydney News Today | 2 Min News | The Daily News Now!

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Sydney News Today | 2 Min News | The Daily News Now!Von der Leyen, Albanese Discuss Trade, Middle East. Machine-transcribed; use the interactive transcript above to jump the player to any line.

On this March 18th in Sydney, here's what is making headlines. European Commission President Ursula Von der Leyen heads to Australia next week for talks with Prime Minister Anthony Albanese. The visit comes as both sides push toward a free trade agreement after years of negotiations. Talks broke down last year, mainly over European tariffs on Australian beef and lamb exports. Australia wants those barriers lifted for bigger shipments, and officials say progress is building now. Prime Minister Albanese called it a key chance to deepen ties on security, peace, and economic growth. He stressed Australia and Europe as strong partners aiming for shared prosperity. Meanwhile, the Middle East conflict has Australian leaders on edge. Agriculture Minister Julie Collins warned fertilizer supplies could run short by late May or June if the war drags on. Those stocks are enough for. The current planting season. Treasurer Jim Chalmers says the turmoil risks pushing inflation above 5%

with higher oil prices and disruptions. He's pitching big budget moves like spending cuts, productivity boosts, and fairer taxes for younger folks. Special thanks to our sponsor for supporting this episode. If sleep podcasts are your thing, this is your pillow. Build for comfort and calm. S-O-L-I-SoliPillow.com. Made in AI.

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