Weekend Edition: Does Australia need to spend big on defence?
Friday 14th March 2025Please note this communication is not a research report and has not been prepared by NAB Research analysts. Read the full disclaimer here.This week we discovered the extent of Australia’s close relationship with the US. Not that close, it seems with the Trump administration happy to apply a 25 percent tariff on our steel and aluminium exports. Next month, maybe our GST charge will be used as an excuse for a 10%tariff on everything we export. In Europe through, it’s not just trade that is testing the US relationship. It’s defence as well. Trump wants EU nations to stand…
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