australia and the u.s.ave very strong mutual interests in countering china's efforts, extending into the south china sea, down the pacific and toured australia. they are also on the same wavelength, politically, both conservatives. point,this is a key kevin, not just in southeast asia, but asia and the pacific islands, are feeling the weight from china. they are increasingly asserting themselves through the region. respects,ia, in some a counterweight to that? kevin: not just with china but also the korean peninsula. there have been security concerns about china's influence on the korean peninsula and how that shapes that region. i would pick up on something that both you and peter have pointed to. essentially, china's role in all of this. as we are reporting, as this is going on, there are chinese delegation talks happening in washington, d.c., and there would seemingly be, at least from a public standpoint, the chinese backing up a little bit and signaling some goodwill with the latest talks. there are ev

-australia relations. this is 30 minutes.inaudible] >> ladies and gentlemen, the president of the united states and the prime minister of australia. [applause] pres. trump: thank you very much. please. we had a spectacular morning, and it is an honor being with the prime minister and mrs. morrison. thank you very much. australia is a fantastic country and a brilliant ally. we spent a lot of time together with our representatives, and they get along very well and we are doing a lot of deals, we talked military, trade, about everything you can talk about. we came to the same conclusion i think in every case, but i want to say it is an honor having both of you here. thank you very much. you have a truly great country and i don't think we have ever had a better relationship then we have right now. tonight we will have something special in the rose garden, and based on all of the money we spent and the weather predicting equipment, they are saying no chance of rain. let's see if it is right. if they -- we will run back into this r

australia never got rich selling things to itself. we've always had an outward looking perspective when it comes to engaging our economic opportunities. and a big part of what we've been discussing here is new opportunities, whether it's in the railroads, critical minerals, frontier technology, space. this is where jobs are going to be in the future as well. we'll deal with those ebbs and flows as they come but the prth is right. the arrangement they'll come to, and i'm confident they will, with china, will be one that will set a new bar in terms of how chi that's economy then deals with a lot of these complicated issues in the future with developed economies like australia. so we look on with interest and i think ultimately when we arrive at that point it's going to put global trade on a stronger footing. president trump: and australia has been so focused on the economy they do minerals, they have incredible wealth in minerals and coal and other things and they're really at the leading edge of coal technology. clean coal we call it.

australia has a very clear understanding of what legal and illegal immigration is. that language is a little bit mixed in the united states politics. so i think the clarity of that language is something that they get along very well with. the affinity for the suburban and the largely forgotten, unfashionable people, dare i say, and i think that in a place where there's a lot of world leaders who have had pretty -- things to say about donald trump when he was a candidate and responding to the early days of his administration, i think that trading the president with your difference, with your respect, and also having an interpersonal warmth is something that world leaders in early interactions with president trump have probably failed to do and as seems fairly evident, interpersonal relationship matters to president trump and anyone around washington this week will see a lot of australian flags which would suggest interpersonal relationship is working pretty well. it was only the french president who was able to get a state visit so the second one of the entire trump

so i will say though that australia if we do end up doing a a deal, australia will do even better and we were discussing that but australia will be one of the beneficiaries of a deal. and in the meantime, as you know i did tariff relief with respect to a certain product in particular, out of australia, and that's something we wouldn't do for anybody else. this is been a truly great ally and we worked very well together. but your numbers are absolutely fantastic your economy is strong like ours, and i think we are two real examples of 2-two extremely well. some countries are not doing so well. europe is not doing well. large parts of asia is not doing well. china is not doing well. please, thanks. >> mr. president, australia is in his 29th consecutive year of economic growth which is an extraordinary achievement and will continue to grow as her most recent national accounts demonstrated. australia is also very used to dealing with a complex and changing world and that's why we have diversified our trade basis and in the doing that for many years. sixers go when our government came to o

your respect for australia, mr.ur personal encouragement, and the example afforded by your passion for what makes america great makes this an easy connection. for a century, as you have recounted, we have done what true friends do, stick by each other. ronald reagan spoke of the truths and traditions that define the united states. australians share these truths and traditions. we see the world through the same lens. from the fields of ramal to the jungles of southeast asia and the pacific, to the dust, and now even the waters of the straits of hormuz, australians and americans continue to stand together. i'm reminded of a story of the young american soldier in the first world war calling out to australian soldiers to help to attend to the wounded, and an australian soldier replied in the notorious blunt language of soldiers, which i'll censor here, but he said, sure, go. we're in this thing together. >> [laughter] pm morrison: mr. president [laughter] australia might -- look, he's a new yorker. mr. president, austra

your respect for australia, mr.onal encouragement and the example whatded by your passion of might makes america great -- for as you have recounted, we have done what rue friends do, stick by each other. ronald reagan spoke of the that and traditions define the united states. share these truths and traditions. e see the world through the same lens. ramal to the s of jungles of southeast asia and dust, and , to the now even the waters of the australians rmuz, and americans continue to stand together. story of the f a young american soldier in the irst world war calling out to australian soldiers to help to ttend to the wounded, and an australian soldier replied in the knowture why yous blunt i'llage of soldiers, which censor here -- he said, sure, go. we're in this thing together. [laughter] speaker, australian might -- look, he's a new yorker. may resident, australian often look to the united states, but we have never been a country prepared to leave it to the united states. we don't. our way.t we pull our weight. l

mister president, australia -- he is a new yorker.to the united states but we have never been a country that has been prepared to leave it to the united states. we don't. that is not our way. we pull our weight. our lives, our fortunes and our sacred honor are found in willingness to stand for what we believe. we believe anthony roosevelt declared the national strength is found in the ability of citizens to live out their lives with self-restraint, common sense, the power of accepting individual responsibility and the ability to act in conjunction with others, courage and resolution. we believe in the capacity of enterprise, free markets, for free and fair trade between nations together. we believe governments derive their power from the consent of the governed, the ballot box and democracy. and and these beliefs spurred this country, to rebuild the modern world. inspired the fascination, wonder and joy of the world's children through a little mouse who could whistle a tune. we took humanity to the moon and we are going back again. to

. >> paul murray is commentator and host of pulmonary life for sky news australia. thank you for being here.>> it's an absolute pleasure. >> told us about the prime minister, who is he? >> morrison is a conservative politician stop at times is far more well known to be an economic conservative being hawkish about for security. he is a christian but he's gone out of his way to make sure that his faith isn't part of his politics. we are having a debate in australia at the moment about religious freedom legislation after the passage of same-sex marriage and he's really trying to find a path that's not about his faith and making sure his faith is paramount instead he's trying to make sure the rules of the road are simple that regardless of what faith you have you can't be discriminated for having met you in public. >> what has been the focus of his first year in office? >> was a turbulent time he the liberal party came to power in australia 2013 and we've had tumultuous time in leadership changes. when i first came to government he was the border security minister he wa

and australia. american workers are being hired, but the parents company is based -- but the parent company is based in australia. the president and first lady are rolling out the red carpet for the prime minister and his wife. they offered up a lavish state dinner saturday. this has been a trip about more than fun. australia's top trading partner is china. of course, there is a lot of interest about what happens with the u.s. and china and our trade dispute. about an hour north of dayton, ohio, these people have been patient, about three hours she have been waiting for president trump. many people tell us, it's well worth the wait because these are the kind of jobs they have been looking for coming to their community for a long time. democrats see this as an opportunity to highlight what needs to happen in ohio. they say more factories have closed than opened. onrequire was quite a celebration between those two, something you would normally see at a campaign rally. tight was an interesting ceremony

with economies like australia. we look on with interest and i think when we arrive at that point it will put global trade on the stronger footing. >> president trump: australia has been so focused on the economy. they do minerals, they have incredible wealth in minerals. add coal and other things. they are really at the leading edge of coal technology. clean coal, we call it. but it's also great for the workers. things that would happen, because it was very dangerous years ago and very bad for a lot of people. you have rectified that 100%. it's incredible. i looked at your statistics the other day, and coal miners are very, very safe and australia. it's incredible what you have done. in fact, we are looking at what you have done. >> prime minister morrison: we will do a deal! [laughs] >> president trump: we will do a deal. go ahead, please. >> reporter: thank you. in the midst of these escalating tensions with iran, you have now named a new national security advisor, robert o'brien. >> president trump: yes. >> repo

and with him alongside smith, that makes australia pretty excitedlj think makes australia pretty excitedatching steve smith bat, we always do. and again, i think steve has missed one test match. he hasn't been out for 12 months. he came back from a 12 month layoff pretty well so i expect he will handle six days without batting pretty well. there is also a change in australia's bowling line—up. they will likely bring in this man, mitchell starc, into their 11 for the first time in this series. he is a left arm up capable of incredible pace as well. he was expensive and the one—day form of the game, where he conceded a fair amount of runs in the overs that he bowled. australia think he will be useful, though, u nless think he will be useful, though, unless old trafford pitch. it is the surface as well which has apparently attempted england into their only personnel change. chris woa kes attempted england into their only personnel change. chris woakes was pretty consistent at lord's but has now lost his place for the quicker and taller craig overton who comes in. overton took the wicket of

you are watching "daybreak australia."he s&p 500 ended the day little changed and within 1% of a record. bonds arose, the dollar fell, and two ipo's surged. data dog and pig identity have given new life to the ipo market. wework has been put on hold and of aand lyft sort disappointment. that gives the market a boost, but it was sort of an unchanged day. take a look at where we ended the day. health care stocks among some of the movers. pretty flat going into the friday session. let's go into the bloomberg real quick. gtp is where you can find our library of charts. club -- thisar focuses on apple, which is trying to join microsoft as amazon is left behind in the trillion dollar valuation. interesting to note that apple tumbled in an annual report on china's top brands, given concerns over tariffs and the recent dustup with huawei and other issues. however, it is doing well and climbing toward that trillion dollar valuation. let's look at oil. that is an interesting mover. you look at big movers right now, i should point ou

and australia stand side by side. we'll wait and see what the president has to say in terms of any plans he has on iran going forward. a lot to watch here in the east room. >> there is also the issue of the whistleblower controversy. you would expect the president to be likely asked about it depending who he picks to ask the questions. >> the president is dealing with a foreign policy crisis oversees and an unfolding domestic potential scandal here in terms of his relationship with the ukraine. what did he promise or not promise to the ukrainian leadership in terms of information on joe biden and his son hunter, biden. he was dismissive of the story in the oval office saying that the press has had a very bad week and the press shouldn't keep digging into this. anything with any foreign leader the president insisted was entirely appropriate. you might expect he will get another opportunity to address that one. >> the inspector general for the intelligence community thought it was serious enough to take incredible in hi

i will say australia is doing very well.we do end up doing a deal, australia will do even better. we were discussing that, but australia will be one of the big beneficiaries of a deal. in the meantime, as you know, i did tariff relief with respect to a certain product in particular coming out of australia, and that's something that we wouldn't do for anybody else. this has been a truly great ally and we work very well together. your numbers are absolutely fantastic, your economy is strong like ours, and i think we're two real examples of two countries doing extremely well. some countries aren't doing so well. europe is not doing well, asia is not -- large parts of asia are not doing well, china is not doing well. please. >> thanks. mr. president, australia is in its 29th year of consecutive economic growth, which is an extraordinary national achievement. and we will continue to grow as our most recent national accounts demonstrated. australia is also very used to dealing with a complex and changing world. and that's why we'v

china's growth has been great for australia. we we need to make sure that all stay on the same playing field. is something that china and australia has been consistent on. we need to move in this new economies are changing. china is a big economy. united states he but a big economy. that means the world needs to get on the same page how the and that's what we're working to achieve. president trump: i will say this. progress ing a lot of with china. they're having a bad year. worst year in 57 years. are coming in to us. we're taking in billions and tariffs.of dollars of they're devaling their currency which means the tariffs are not costing us probably anything but certainly not very much. they are also adding a lot of money into their economy. theire pouring money into economy. but we're taking in many billions of dollars. t some point in the not-too-distant future it will be over $100 billion. 100 cents ver taken from china. it was always the other way around. with that they lost over three there. jobs their supply chain is cra

australia has never got rich selling things to itself. and we've always had an outward-looking perspective when it comes to engaging our economic opportunities. and a big part of what we've been discussing here is some new opportunities, the rare minerals, critical minerals, frontier technologies, space. this is where jobs are going to be in the future as well. so we will deal with those ebbs and flows as they come. the president is right, the arrangement they will come to, and i'm confident they will, with china will be one that will set a new bar in terms of how china's economy then deals with a lot of these complicated issues in the future with developed economies like australia. so we look on with interest. and ultimately when we arrive at that point it's going to put global trade on a stronger footing. >> and australia has been really so focused on the economy. they do minerals, they have incredible wealth in minerals and coal and other things. and they are really at the leading edge of coal technology. clean coal, we call it, clean

far more pomp and circumstance dream of in ever australia. it's something unique to see, oval offers meetings. briefings with members of the a inet, about lunch time or little after he'll head over to will be gon and there some state department briefings as well and in the evening they dinner.or the steak the second of the trump presidency. they will, on saturday morning, they will head off on air force one to ohio, to open a factory, $2 billion worth by a company done owner, anthonyts factory out opening a in ohio. he's investing in american jobs. to ralia is very happy celebrate because it shows our significant financial commitment private companies make, not part of in the southern america, but doing so in north u.s.ca, doing so in the >> any prominent australian americans that will be attending dinner?ak >> there is plenty. he'll- an indycar driver, be there. will powell. turn up,hich ones will i don't know. norman, the former world number winner, multiple major will be there. yeah, a lot of people who are a deal to us but those are proba

in australia, sydney futures ever so slightly higher as we of course await the reserve bank of australia'secision later this afternoon. for now, let's get to the first word news with jessica. jessica: a new warning about global growth. expansion in the world economy will decline next year to the slowest rate since 2012. that is because of a deteriorating effect of the trade war. growth is seen at 2.6% this year from.5% next, down 3.2% in 2018. the downgraded forecast for 16 countries for june. china has repeated a pledge to further open the economy, adding it will act to safeguard multilateral trade. the premier spoke ahead of revised negotiations in washington this week. he reports he said the government will work on cooperation and innovation and will protect intellectual property. liu also said measures will be taken to make it easier for foreign companies to work in china. tax rises in japan tuesday. a fundamental government policy, but one that may cause the economy to stumble. the levy climbs from a percent to 10% in an attempt to rein in the world's largest public debt. previous hik

china does a lot of business with australia and australia with china. a lot of headwinds. they're growing barely at 1.4% rate. you need two quarters in a row of negative growth or contracting growth to get a recession. we're not there yet for australia, but the lowest growth they experienced. interest rates are very low, half what they are in this country. rates there the equivalent about 1% or so. they have a whole different system than we do. but they're not exactly firing on all cylinders. 29 years almost without a recession, that is the world's envy right now. but he supports what the president is doing to settle this once and for all with the chinese and indicating that he has the australians full support on this. he also touched on the idea that there will be a lot more cooperation with the australians, certainly beefing up their defenses as indicated with conservative government running australia right now. they committed better than 200 billion, 200 billion of australian dollars worth of added defense spending there. great cooperation between the two. the two are p

including opportunities in australia. this is bloomberg. ♪ paul: you're watching "daybreak australia." we do have futures pointing higher by a little more than .1% following reasonable gains in u.s. equity markets. blackstone group struck its biggest deal so far in australia back in june, agreeing to buy over $1 billion of offices in sydney. have been in you australia, have your investment decisions changed much over time? >> sure. we bought a bunch of retail. now we have the net sellers and have moved more into logistics as australia has become more and more of an internet shopping destination, i guess. office has been sporadic. as you point out, we did the big deal, but right now, we don't see a lot of opportunity in office. earlier on, we did some residential deals. then we had a bit of a hiatus on that. now we are looking into residential deals again. it evolves to where there are opportunities. away from the trends, and some of those are global. logistics is a big trend for us everywhere. we are always interested in

i think robert -- >> he's a great friend of australia. >> a great friend of australia. scott was telling me, he was very happy with the choice. robert is going to be outstanding. he just picked a deputy who was in the administration. you all know him. you know who the deputy is. i guess they have to announce that separately. but he's fantastic. and essentially, he's already on the job. but, you know, he did a tremendous job as hostage negotiator. we are -- we have a tremendous record. nobody comes close to our record with hostages. >> are you going to be discussing options for iran today with your team? >> sure. sure. but also with secretary of defense, secretary of state, we're discussing with everybody. and, you know, material move today was the central bank of iran. >> mr. president, are you moving toward a military conflict and would you expect that? >> would you australia to join any military action? >> we haven't discussed that. we'll be discussing that later, but we haven't discussed that yet. >> mr. president, would you consider 50% tariffs or even 100% tariffs

they know the series is going back to australia, the ashes is going back to australia.alia. they have had such a long summer. surely they must be tired?” am sure fatigue is a small part of it. but from the much is self, yeah, we spoke about it after the last game, to get it back to 2—2, obviously nowadays with the test championship that means a loss as well. the boys like to be competing in the final in a couple of years time. —— a lot as well. and to draw a series in 20 lose one. don't think you need any more motivation than that. as for australia, their celebrations after 0ld that. as for australia, their celebrations after old trafford, justin langer, their coach, said todayit justin langer, their coach, said today it registered two out of ten compared to some of the ashes celebrations he was involved in. motivation raselli to win necessary 3-1, motivation raselli to win necessary 3—1, well, of course there is —— for australia. there is certainly great energy in the group. they have said throughout the series that there has been lots of laughter in the group, lots of

we will be with australia and you all the way. >> thank you very much mr. president. >> always the greatest of friends. like between those two men. >> incredibly strong. the interpersonal relationship seems paramount to present >> incredibly strong, the interpersonal relationship. he has been able to get that with our prime minister for a few reasons. both have bonded over improbable victory. according to the so-called experts, the bond about their views about strong needs to deal with illegal immigration. australia has a clear understanding of what legal and illegal immigration is. that language is a bit mixed in the united states politics. the affinity for the suburban and largely forgotten. >> in a place where there are world leaders, things about donald trump is a candidate. responding to the early days of the administration. also having interpersonal warmth is something other world leaders in early interactions with president trump have failed to do and seems evident. thinks letters to president trump and anyone around washington this week we will see

australia have retained the ashes.ut the final day of the fourth test to keep the series alive, but lost their last wicket with a little over 13 overs of the match remaining. it hands australia a 2—1 lead with one match in the series remaining. andy swiss is at old trafford. andy, it was a thrilling finish, wasn't it? england's lower order doing the best, but it was always going to be a tall order, and so it proved. it was ultimatelyjust a miracle too far as far as england we re miracle too far as far as england were concerned this summer, john. you are right, it was always going to bea you are right, it was always going to be a pretty tall order to survive the whole of the final day, particularly losing to rick at yesterday, and that's exactly how it turned out to be —— particularly losing those neck wickets yesterday. ben stokes out, the hero of headingley, he quickly wins. at that point, this seems to be no way back for england. the impressive half—ce ntu ry for england. the impressive half—century give them some ho

china is australia's biggest trading partner. obviously prime minister morrison is interested in the president trump getting a trade deal with china. as well, bill, there is another aspect to all this and that is brexit. as we know, president trump has promised if they can do brexit, he is interested in pursuing a free trade deal with the u.k. but that free trade deal generally includes pulling in the other anglo countries, that would be australia into a free trade deal. i don't have any doubt that prime minister morrison will be raising that possibility with president trump and just trying to find out where his thinking is on the possibility of a post brexit free trade deal involving those countries. >> bill: mulvaney, pence and others. let's listen to these world leaders. the state dinner tonight is scheduled to be held in the rose garden. which will be a stunning night in washington, d.c. let's listen from the white house. >> followed by the national anthem of the united states. >> present arms! >> present arms! [band playing

i can tell you australia's military is unbelievable. i saw the order they put in for some of our most sophisticated equipment. i said that's really great. they've really upped it. i want to congratulate you. you have really done a job on your military. >> up to 2% of gdp next year, big guest increase in our defense many in the share of gdp since the second world war. >> -- is it right the united states is prosecuting julian assange? >> that's a question i haven't heard in a long time. i'll leave that for you to determine. >> [ inaudible question ]. s&p china just a trade issue for you, or do you see it as a strategic threat to the united states? >> obviously china is a threat to the world in a sense because they're millibuilding a militar faster than anybody. frankly, they're using u.s. money. presidents before me have allowed china to take out $500 billion a year, and it's really more than that. they've allowed china to steal our intellectual property and property rights. i'm not doing that. we're very close to having a deal. we're ver

at bay for about an hour and kept australia at bay for about an hourand a kept australia at bay foralf, but he was eventually out at the craig 0verton, the final bigot to fall. england we re the final bigot to fall. england were all out and the australian celebrations could start. england's hopes of winning back the archers —— ashes on home soil over but australia, the celebrations can begin for them. they have retained the ashes with one much still to play. a few nervous moments, no doubt, coming of headingley, we would be in a position again but i thought we learn from that. we held oui’ nerve, thought we learn from that. we held our nerve, fought really well against a team that fought really ha rd against a team that fought really hard that we knew they would. everyone is usually disappointed but you find yourself in a situation like today and you learn a lot about your team, but the guys around you andl your team, but the guys around you and i thought everyone showed a lot of courage, a lot of resilience, a lot of character. and everyone should be really proud of how we approach

we have to be producing some technology in australia. not have to be all of it, but we have to produce 1% of the world's technology to be 1% of the world's gdp. we need to keep moving the economy forward. education, immigration, sensible policies. ed: immigration obviously is a huge part that allows some countries to be more successful at technology than others but tech is entirely transient and will go where they feel the best opportunities are. what does a country like australia have to do to attract that workforce to such an extent it can be at that 1% level or higher? mike: i think we are doing a relatively good job recently. we've had some big changes the last couple of years with immigration as it relates to the tech industry. a pretty good spot. they can always be a bit better. over the last couple of years, it is in a really good spot. i think most of the policy settings are pretty sane around you must invest around education. the way we think about it at atlassian is simple, we need to invest in talent coming up from the bottom.

now why would he ask australia? because australia was effectively the reason why the whole thing began. australia government gave the fbi in 2016 information about possible russian interference and about contacts with the trump campaign. so mr. trump has been fixated on the australia government and the ukraine government's role as we no from the other call and this is another significant call the president made at a high level using the justice department investigation as leverage over american close allies. >> explain this because wasn't it actually -- it was an australian official who was concerned, right, by what they were hearing from an american about what was going on. just explain the context of this because the way we've previously understood this is that this australian official was raising a red flag for something that was not right and reporting this. >> reporter: you're absolutely right. so this was in 2016. he has contacts with a trump foreign policy adviser and he sends it through official channels to

but there is the prime minister of australia. scott morrison is his name, also known affectionately as sco-mo by some folks in australia, meeting the president. let's see if we can hear any conversation between the men. you can't hear the president and the prime minister or the first ladies talking to each other but you can hear the commands of the military there as they honor both men. this is an official state visit. doesn't happen very often. ashley: it doesn't. you know, it's interesting, the previous australian prime minister, malcolm turnbull, did not have great relationship with donald trump. in fact, when donald trump had a phone call with him, he said it was by far the worst phone call i've had that day. there was a leaked audiotape that mr. turnbull was heard laughing at donald trump. as you say, scott morrison is a huge fan of president trump. they have similar ideas, especially on immigration. they've gotten on very well in the past at the most recent g-20 and in fact, donald trump says i predicted his victory in the

on a hotand humid night, the pace was frantic and australia added to the excitement.ressure, struggled to hold back the tide as michael hooper punched his way through before their lead was cut to a point. this was tense. australia gave it everything, but wales somehow held firm to win a match that marks them out as world cup contenders, even for the most experienced of welsh warriors this is one they will never forget. talking of welsh warriors, a memorable day for wales captain alun wyn jones, who received his record 130th cap. i'm pretty happy with the character we showed, particularly in the second half. at times it was dodgy, we had a great first half then we were tentative in the second half, but pleased with the result. it's always easy to end up defending a lead, which we did in the second half, but credit to the guys in gold they came at us with everything in the second half. scotland are the next home nation in action. they play their 2nd match against samoa tomorrow. they of course lost their first to ireland but following their defeat to japan yesterday, it

australia now 123—a, which means their lead is over 300.e's more throughout the evening on the bbc news channel. we're back with the late news at 10. now on bbc one it's time for the news where you are. goodbye. welcome to bbc london. we have this there's been some patchy cloud today, in the north—east of england, it's been quite chilly in that breeze which is beginning to ease down now. further south, that has been much more cloud around the london area, still if few showers started about towards kent in particular. on the whole, a dry end to the day, there will be some sunshine too. cloud is increasing across northern ireland and into western scotland, elsewhere, clear skies and light winds, it will get cold. we could see a pinch of frost in rural parts of north—eastern scotla nd in rural parts of north—eastern scotland and north—east and england, which leads us into the great north run, which is going to be cool for people waiting to start the race. otherwise, ideal race conditions, wind is light, dry with some sunshine. most of the clou

, or parts of eastern australia, has undergone in recent times.. as we say, there's no forecast or there's no decent rain in the forecast in the next few months. so these areas are tinder dry. add to that the area of the wind, and that's why some areas where people feel pretty safe are 110w where people feel pretty safe are now considered to be vulnerable. the advice is to have a plan, to know what to do. generally speaking, most australians, if they know their homes are in anyway to be affected bya homes are in anyway to be affected by a bushfire, they do plan to leave early. all right, phil mercer in sydney, thank you for that story for us. sydney, thank you for that story for us. let's turn to uk politics now. britain's prime minister boris johnson has denied misleading queen elizabeth about his reasons for suspending parliament. he's waiting for the uk's supreme court to rule on whether a court in scotland was right to say that his actions were unlawful. that's expected to happen on tuesday. here's our uk political editor, laura kuenssberg. al

give us your prediction australia —— prediction. australia -- prediction. what the result is! as long as england don't when! have a great time. look at our jackets. you don't when! have a great time. look at ourjackets. you want one of those, don't you? the wallabies fans euphoric. they think their team is going to go all the way. let me just catch you back to 2007, wales beaten by fiji at the rugby world cup. it was quite a shock. can it happen ain? was quite a shock. can it happen again? we'll find out in the coming hours. there is one game in the english premier league this evening — southampton hosting local rivals bournemouth. the last time these two sides met it was an 6 goal thriller — ending in a 3—3 draw. bournemouth are 2—1 up at the moment. you can keep up to date with it via the bbc sport website and app. hazy conditions have overshadowed preparations for the singapore grand prix this weekend — with the city's worst air pollution in three years causing some concern — but practice has been taking place today. valterri bottas crashed in the first

australia eventually declaring on 497—8.land hope to get through to the close without losing a wicket but joe generally was out before the close. brantley joe generally was out before the close. bra ntley caught joe generally was out before the close. brantley caught forjust four. that means england will now face a huge battle if they are to stay in the smash and save their ashes hopes. yeah, andy swiss there on the man of the moment, the man of the series so far. here's what some of steve smith's contemporaries have to say. former england captain michael vaughan says... ex—aussie team—mate brad hogg pays tribute... and the all—time leading run scorer in test cricket sachin tendulkar says... it was a huge moment. i think that is my third now and we are second against england. the second time i got out onjoe route on 200 as well. ——joe got out onjoe route on 200 as well. —— joe root. got out onjoe route on 200 as well. ——joe root. really got out onjoe route on 200 as well. —— joe root. really proud to score a double 100 for a

they've beaten australia just once this century.in 2009 when they won to regain the ashes. apart from that, two draws and two big australia wins by an inning there — including last time out following 143 from a certain steve smith, who hasn't exactly been doing badly this series. great britain have won three gold medals on day three of the world para—swimming championships. the highlight of the night was alice tai winning her third gold medal of the week as she took victory in the 100 metres butterfly, finishing just ahead ofjessica long of the united states. but it was by no means the only success story. rounding up a busy night of action at the london aqautics centre here's kate grey. the brits have continued to impress here in london, in particular, the younger members of the team. 17—year—old, maisie summers, was the favourites going into the sm six individual medley final. and she certainly delivered, winning the gold, and bringing her own world record in the process. just to do it in this venue, like where the games are held,

that is almost it for "daybreak australia" this morning, though we do have trading under way australiax higher by about .4%. we did have those gdp numbers for the second quarter beat narrowly. futures around the rest of the region looking a bit more muted. we are up about .1% here in australia. the kiwi and aussie dollar's are pretty much unchanged. is it for "daybreak australia." we will get all the action in "daybreak asia" next. this is bloomberg. ♪ under one hour away from market open in australia, japan and south korea. haidi: good evening -- shery: good evening from new york. sophie: welcome to daybreak asia. paul: our top stories, the fed cuts as expected and says more could be done if needed. jay powell warns he may resume bond buying sooner than expected. saudi arabia says there

errors in you know in australia and patients from america were going to australia to have a procedure done where they didn't need a socket anymore and i thought that's amazing they said i can't believe it i don't believe it works i meant mujahid we talked a really has a. a certain air about him a certain amount of charisma that's very captivating moujik kept inviting me out to australia chill learn the technology because i didn't really know how it was done. in the room that i got off the teenager being an amputee my. i hold pretty much my whole life. it's the disappearing near and dear to my heart i like helping other people i like. seeing other people that find comfort and start and are able to walk pain free who are in this maybe the same situation as me it's just giving somebody that hope and it's just brings goose bumps to my arms even just talking about it. close your eyes and. see tell me where i'm to. you know the only room term mean yeah one of my to them you know so if it's it's got of read in when says e.u. have this surgery you are pretty much part of the a why family ever

at bay for an hour crease and they kept australia at bayforan hourand crease and they kept australiaeach eventually was out and craig 0verton was the final wicket to fall, lbw to josh hazlewood. england all out and the australian celebrations could start. england's hopes of winning back the ashes on home soil are over, but australia, the australia —— the celebrations can beginfor the australia —— the celebrations can begin for them. they have retained the ashes with one match still to play. steve smith that is breathtaking best again. can rafa nadal move to within one of roger federer‘s haul of 20 grand slam titles. he faces danil medvedev in the final of the us open in the next few minutes. a player who's featuring in a major finalfor the first time. david law is in new york. i guess both of these players will wa nt i guess both of these players will want a fast start in this crucial match. it would certainly help and rafael nadal is very much the favourite to win this 19th single title and draw within one of roger federer, but mededev has a bit of the unknown about him. he has been

he is australia's remarkable run machine. on 60 and wouldn't have got much further had jofra archer not spilled an early chance. but by lunch, smith reached his century, his third of the series. he'd only just begun. england were starting to unravel. more dropped catches and then this... on 118, smith finally seemed to have gone, only for replays to show jack leach had overstepped. could you believe it? from there, smith piled on the agony, hitting england's bowlers to all corners. the result — a dazzling double hundred. he's the world's number one batsman for good reason. when he was finally out for 211, even england fans, who'd hardly warmed to him after last year's ball tampering scandal, knew they'd seen something very special. australia declared on 497. could england's openers make it to the close? well, no they couldn't, asjoe denly was brilliantly caught by matthew wade. a day then which belonged to steve smith and to australia, and it's left england battling to save their ashes hopes. andy swiss, bbc news, old traffor

you are seeing it in australia.ing about .he use of qe what we are seeing this morning out of korea is striking. it's not unique. it goes to a global three-month -- theme about what measures are needed to get the economy moving again. paul: thanks very much for joining us. inc., is sitting pretty on a pile of cash bigger than the gdp of most countries. the question is, what do companies do with that money? i would tokyo stocks reporter joins us. -- our tokyo stocks reporter joins us. first of all, how much caster they end up how did sitting on that much cash? >> they are sitting on a bunch of cash. that would be a surprise that abe's push for higher corporate spending has been working. part of the reason is that his push for higher corporate -- andg investment investment has not brought out a big change yet. the underlying narrative where japanese companies tend to be conservative when it comes to spending and investments since the bubble burst in the early 90's has not changed. that companies have been growing over

. >> thank you very much, it is an honor to have the prime minister of australia, congratulations and thank you very much for being here. we appreciate it. a lovely ceremony. an honor, thank you very much. we are talking trade, talking military, we've been great allies for a long time and there is no better partnership and we developed a tremendous friendship and that helps a lot but we will be meeting after this and having some serious discussions about many things. i do want if i may intercede for a second, we just sanctions the iranian national bank, the central banking system, and it is at the highest level of sanctions. that took place and a couple other things, the secretary of the treasury, steve mnuchin, if you want to say a word. >> as you instructed me we are continuing maximum pressure campaign, the last -- the central bank of iran and the national development part which is their sovereign wealth fund will be cutoff from our banking system. this will mean no more funds funding terror on top of our financial institutions sanctions. this is very big. we have cut off all sorts

the eu 7 oz uncertainty — how gloomy consumers and the trade war have knocked the stuffing out of australia'snomy. and on the markets: the trade spat between the us and china is dominating, it was a labour day break last week for american investors. it's a big day for brexit — rumours of an election swirl and opposition mps set to outline a bill aimed at blocking a no—deal exit. meanwhile scotland's highest court is set to hear arguments on whether prime minister boris johnson's move to suspend parliament next week is legal. but with with less than two months to go til britain's scheduled exit from the eu, how prepared is business? the uk is due to leave the eu on the 31st of october — regardless of whether an exit deal has been agreed. over the past six months — the pound has fallen against the us dollar — as investors see the chances of a no—deal exit rise. so far the uk government has put aside more than $7 billion to prepare for a no—deal scenario — for extra border staff, stockpiling medicine and ad campaigns. eu countries have also been investing heavily — hiring thousands of new border

in six days‘ time. of a huge game, and australia in six days' time.tough games against australia, so we have to go into the game with a lot of confidence. i know that him we tend to get better as tournaments go on and we build on confidence. so, there is a lot of room for us to improve for next week and if you things to tidy up on with the breakdown and if you things —— and a few things, so that will be oui’ and a few things, so that will be our focus for this week. just the one game at the world cup on tuesday. samoa begin their campaign, hoping to reach the quarterfinals for the first time since 1995 against russia. they're back in action just four days after losing to japan but aren't concerned by the quick turnaround. some of our players are very strong individually, very big, so we understand this and we are preparing for this game. they are feeling good, feeling 0k, and ready to play. it's been great from day one, we wa nt it's been great from day one, we want to go beyond, we are going to treat every game like a rugby world cup final. if we can

i can tell you australia's military is unbelievable. i saw the order they put in for some of our most sophisticated equipment and i said that's really great. they have really upped it and want to congratulate you. you have really done a job on your military. >> were in the middle of an upgrade. biggest increase in our defense as a share of gdp since the second world war. >> shout. [inaudible] >> that's a question i haven't heard in a long time. i'll leave that for you to determine. >> is it just a trade issue or d.c. china as a as a strategict to the united states? >> well, obviously, china is a threat to the world in essence because they are building a military faster than anybody. and, frankly, they are using u.s. money. residents before me have allowed china to take out $500 billion a year, and a truly more than that. they've allowed china to steal our intellectual property and property rights here and i'm not doing that. and we actually operate close having a deal. we were very close. with intellectual property, all the tough things