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Australia news live: Penny Wong wins jet fuel pledge from China in Beijing visit; US lawmaker says Aukus price might go up

Wednesday, April 29, 2026Guardian StaffView original

Foreign affairs minister says China has agreed to facilitate exports of jet fuel to ease supply disruptions. Follow today’s news live

A top member of a US Congress committee overseeing Aukus has said Australia may be required to spend more to ensure American shipbuilders can deliver promised nuclear submarines.

Australia has already sent the US about $3bn (US$2bn) of the $4bn (US$3bn) it committed to invest in American manufacturers in 2023, when the plan was forecast to cost Australia $368bn by the mid-2050s.

I don’t think the US$3bn number, which is in the optimal pathway, is the 10 commandments. I think that as this enterprise unfolds,there may be a rationale for Australia to participate more,but, as I said, at this point, the commitment of US$3bn, [and] already the transmittal [sic] of US$2bn of that commitment is something that most people, certainly on Capitol Hill, still remark and comment very favourably and appreciate.

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