The Daily Aus Headlines: China, Russia, and North Korean leaders meet
Sep 3, 2025
Leaders Xi Jinping, Vladimir Putin, and Kim Jong-Un made headlines at a military parade in Beijing, signaling shifting global alliances. Meanwhile, Australia’s economy reported a 0.6% growth, but pressures for increased aged care funding persist. In brighter news, cancer research pioneer Richard Scolyer is honored with a chair named after him at a top Sydney cancer center, promising to boost brain cancer advancements and clinical trials.
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Historic Trio Meets At Beijing Parade
- Xi Jinping, Vladimir Putin and Kim Jong-un met publicly at a Beijing military parade marking Japan's WWII surrender anniversary.
- The gathering highlights growing public diplomacy between China, Russia and North Korea despite international controversy.
Household Spending Propels Growth
- Household spending rose almost 1% driven by holidays and end-of-season sales.
- ABS head Tom Lay linked the rebound to recovery from events like Cyclone Alfred in early 2025.
Economy Shows Post-Weather Bounce
- Australia's economy grew 0.6% in the last three months of the financial year according to the ABS.
- The 12-month growth of 1.8% suggests the economy is recovering from weather shocks and gaining momentum.