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NATO Summit LIVE updates: French subs snafu is arguably Morrison's 'worst decision', Malcolm Turnbull says - The Australian Financial Review

That’s a wrap for Need to Know this Wednesday, June 26.

Here are some of today’s key events:

NATO summit is under way

- NATO has formally classified China as a challenge to the organisation’s interests, security and values at the same time as it moves towards a war footing in Europe to combat the threat to its east led by Russia.

- Prime Minister Anthony Albanese will tell the NATO summit in Madrid that Australia’s contribution to military and humanitarian needs in Ukraine was as much about China as it was Russia.

- Turkey agreed on Tuesday to lift its opposition to Sweden and Finland joining NATO, ending an impasse that had clouded a leaders’ summit opening in Madrid amid Europe’s worst security crisis in decades, triggered by the war in Ukraine.

- NATO Secretary-General Jens Stoltenberg, in his opening statement for the summit, said Russia’s invasion of Ukraine was the world’s most serious security crisis since World War II. He said the summit would result in the “biggest overhaul of our collective defence since the end of the Cold War”.

Energy crisis

- Energy Minister Chris Bowen said the Albanese government would consider “sensible” amendments to its climate legislation as long as they aligned with Labor’s agenda and mandate.

- Bowen also said Labor’s target of reducing emissions by 43 per cent on 2005 levels this decade was not a ceiling, amid pressure from the crossbench for a more ambitious policy. “It’s not a ceiling. We’re not going to treat it as a ceiling. It’s the modelled impact of our policies.”

John Barilaro new job inquiry

- Investment NSW had agreed on a preferred candidate who had been verbally offered the position, before a direction came from government to stop the process, the parliamentary committee has been told.

- Since then, Investment NSW chief executive Amy Brown hasn’t considered suspending the appointment of former deputy premier John Barilaro to a plum US trade post, which is the subject of two separate inquiries.

Gig workers

- Uber and the Transport Workers Union, traditionally at loggerheads, have agreed to work towards minimum wage rights and conditions for more than 100,000 gig economy workers.

- Workplace Relations Minister Tony Burke says the Albanese government will legislate to give the Fair Work Commission new powers to set minimum standards for gig economy workers.

Governor-General David Hurley

- Governor-General David Hurley has apologised for providing a testimonial for the builder behind the renovations of his private Canberra home, labelling his appearance in the video a mistake.

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2022-06-29 07:07:00Z
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