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Today's reading time is 7 minutes. - Miko Santos
• President Donald Trump announced Thursday a 100 percent tariff on Australian pharmaceutical imports effective October 1, exempting only companies actively constructing U.S. manufacturing facilities, threatening Australia’s $3 billion pharmaceutical sector with an estimated $2.8 billion in potential economic losses, though major exporters including CSL report minimal impact due to existing U.S. operations.
• Foreign Minister Penny Wong delivered urgent warnings to the United Nations about artificial intelligence in nuclear warfare, stating “decisions of life and death must never be delegated to machines” as Australia campaigns for a Security Council seat, emphasizing AI lacks human conscience and accountability that has constrained nuclear conflict.
• Net overseas migration fell to 315,000 for the year ending March 2025, down 178,000 from the previous year but still 100,000 above the pre-COVID average of 216,000, with Shadow Immigration Minister Paul Scar criticizing the government’s lack of detailed planning as housing construction lags far behind population growth.
• Health Minister Mark Butler announced intensified prosecution of illegal tobacco retailers in Adelaide, declaring the black market the biggest threat to Australia’s tobacco control programs, rejecting claims that excise increases drove illicit sales while noting organized crime produces cigarettes at $2 per packet.
• Prime Minister Anthony Albanese will meet President Trump on October 20 to address the pharmaceutical tariffs, while Medicines Australia urges the government to prioritize PBS reform over trade negotiations, citing delays in listing new medicines as a more critical concern for Australian patients.
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