$3B for Pacific from Australia

AUSTRALIA has vowed to set up a new $3 billion dollar infrastructure finance bank to fund projects in the Pacific Islands amid increasing strategic competition in the region and the rise of Chinese government lending.

$3B for Pacific from Australia $3B for Pacific from Australia $3B for Pacific from Australia $3B for Pacific from Australia $3B for Pacific from Australia

Scott Morrison

Prime Minister Scott Morrison has made commitments to increase Australia's hard and soft power in the Pacific in a speech on a visit to the Lavarack Barracks at Townsville yesterday, ahead of the APEC