Relationship repairs
Australian prime minister Malcolm Turnbull travels to Indonesia this week hoping to cool diplomatic tensions and talk trade. The two countries’ relationship suffered earlier this year following the Bali executions of Aussie drug smugglers, yet Turnbull hopes to rebuild the connection through positive trade developments. “There is a lot that Australian companies can do in Indonesia – maintain fisheries, help to better manage the catch and help protect Indonesian borders,” says Greg Earl, Asia-Pacific editor for the Australian Financial Review. He says a Tasmanian firm, Incat, is already discussing a boat-building joint venture with Indonesia, an archipelago nation that loses billions annually due to illegal fishing and poor maritime infrastructure. “What they really need right now is boats that don’t sink.”