Donald Trump’s treasury secretary made three things very clear to Jim Chalmers and Kevin Rudd in Washington

News Snapshot:

Donald Trump's treasury secretary doesn't share his boss's flare for shoot-from-the-hip, shock-and-awe public speaking. Scott Bessent instead stuck to carefully prepared notes, as he addressed an audience at the Australian Embassy in Washington yesterday. But while the secretary isn't a cut-through headline maker, he still made some vital points, which will be heard in Canberra. Speaking to an embassy-hosted summit of heavy hitters from Australia's cashed-up superannuation sector, along with Treasurer Jim Chalmers and Ambassador Kevin Rudd, Secretary Bessent said plenty of nice things about Australia. He was suitably impressed by the investment power of Australia's enormous pool of retirement...