The Albanese government will axe restrictions on commercial US rocket launches in Australia, opening the door for the likes of Elon Musk to set up operations in the outback and help the two countries take on an ascendent China in the space race.
As part of his official visit to Washington, Prime Minister Anthony Albanese will announce a major new deal that will boost Australia’s commercial space industry by greenlighting more satellite launches.
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Matthew Cranston was The Australian Financial Review’s United States correspondent.
