Trump Administration’s AUKUS Review Spans Costs, Submarines

Trump Administration’s AUKUS Review Spans Costs, Submarines

Morning folks, Rich Henderson in Bloomberg’s Melbourne Bureau. Out today is a new documentary from Bloomberg Originals on the sinking of the Gulf Livestock 1, which was the worst disaster in the history of the live-export trade, watch it here:Today’s must-reads:• Trump’s AUKUS review• Rental vacancy rate hits record low• Consumer confidence sinks

AUKUS Seems to Have Passed Review: Now It’s Time to Accelerate

After months of uncertainty and speculation, it appears that AUKUS has cleared its Pentagon review. That was the right call, and entirely consistent with the administration’s guiding mantra of peace through strength. But relief must quickly give way to urgency. Passing review is not the finish line, it is the starting gun. The Trump administration can now step on the gas pedal, take ownership, and deliver on this historic partnership that promis…