The Australian government is set to announce a significant overhaul of its defence property portfolio aimed at raising billions of dollars. This major consolidation of the approximately 3 million hectares of defence estate comes after a lengthy audit process that has lasted almost two years. The Albanese administration plans to move forward with contentious sales of valuable real estate in cities such as Sydney and Melbourne, despite pushback from military leaders who resist the idea of divesting from these prime locations.
Richard Marles, Australia’s Defence Minister, is urged by the lead author of the government’s defence strategic review to make bold decisions regarding asset sales. Historic sites like the Victoria Barracks in Sydney, as well as properties in Melbourne and Brisbane, are among those under scrutiny for potential sale and redevelopment. The announcement of this long-awaited overhaul is expected before Christmas and will be presented to the cabinet shortly.
In international news, US President Donald Trump has expressed optimism regarding a peace deal in Gaza, which he believes could put an end to the ongoing conflict that has claimed thousands of lives over the past two years. Trump described the situation as a “momentous breakthrough” during a cabinet meeting in Washington, indicating that he will travel to the Middle East this weekend to finalize the agreement.
Key developments suggest that Israel may welcome home hostages held by Hamas as early as Monday or Tuesday, which would clear the way for the release of Palestinian prisoners. However, it remains uncertain whether Hamas will agree to disarm, despite Israeli demands for disarmament as a condition for withdrawing from nearly half of Gaza.
In other news, the case of Husamettin Dogan has garnered attention after his jail sentence for the rape of Gisele Pelicot was extended from nine to ten years following an appeal. The court found him guilty in a case where Pelicot was repeatedly drugged and sexually assaulted by individuals invited by her husband. Judge Christian Pasta stated that the court’s decision included mandatory treatment for five years.
The ongoing price dispute between mining giant BHP and China’s state-run iron ore buyer could extend for months, potentially delaying resolution into early 2026. Reports indicate that China, the world’s largest consumer of iron ore, has asked major domestic buyers to suspend new purchases of US-dollar-denominated seaborne cargoes from BHP.
Criticism has also been directed at the Albanese government regarding its handling of former Islamic State women and children returning to Australia. During a recent parliamentary session, Opposition Leader Sussan Ley accused Prime Minister Anthony Albanese of misleading parliament about the government’s involvement with the group.
As the day unfolds, significant discussions will continue, including a meeting between Trump and Finnish President Alexander Stubb at the White House to discuss the acquisition of icebreaker ships for Arctic operations.
This evolving narrative underscores the complexity of both domestic and international issues facing Australia and the broader geopolitical landscape.
