Chalmers pitches Australia as AI leader to Japanese investors
Treasurer Jim Chalmers is meeting Japan's wealthiest people. He is promoting Australia as an AI and renewable energy leader.
Chalmers is spending this week meeting with Japan's most influential investors. He is promoting Australia as an AI leader and renewable energy hub.
He will also pitch Australia's superannuation system. It is worth $4.8 trillion.
He says it is a pool of money for foreign investors. He has more than 20 meetings in 48 hours.
These come weeks after the PM said the post-World War II international order does not fit today. Japan and Australia share the same challenges.
High energy prices are pushing up inflation. Bond yields are squeezing government budgets.
Chalmers said Australia has much to offer in critical minerals, energy, AI and clean industry. Australia gains from closer economic ties with Japan.
- $4.8 trillion
- Superannuation pool
- More than 20 in 48 hours
- Meetings in Japan
- 2028
- Gas policy date
- 20 per cent for domestic customers
- Gas reservation
Why it mattersAustralia is seeking new economic ties as US-China competition reshapes the Indo-Pacific. Japanese investment could help fund domestic AI and renewable energy growth.
AustraliaJapanese investment in Australian AI and energy sectors could accelerate Australia's tech development and create jobs, while the PM reset the relationship after a gaffe about melons.
✓ Claims checked against the source and corrected before publish. checked 49 min ago
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