Australia's woeful Asian languages literacy is failing us
Australia has strengthened ties with Indonesia, yet its Asia capability declines, as noted by Foreign Minister Penny Wong. Recent reports reveal a $640 million capital outflow from major foreign banks amid fears of a possible second Asian financial crisis due to President Prabowo Subianto's economic policies. The Indonesian rupiah has reached record lows, raising investor concerns.
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Summary by OZbrief Editorial · ABC News – Top stories · Source
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Published 03 Jul 2026, 19:00 UTC · Updated 03 Jul 2026, 19:10 UTC
Summary by OZbrief Editorial. Original report: ABC News – Top stories. Editorial policy · Corrections
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