Aug 5, 2026 · 41 min · 12 segments
Dr Ross Babbage warns that without urgent economic reform and industrial recalibration, Australia risks becoming a client state of Beijing. Returning to the Defence Connect Podcast, strategic analyst…
Ross BabbageGuestSteve KuperHostAnd I'm going to start with the unceremonious firing of the British Prime-- former British Prime Minister Keir Starmer, and his replacement with, uh, Andy Burnham, and this pivot that he is taking in his language around listening to the working class, seeking...
Now, there's a political element to that, where he's trying to cut off and mitigate the rise of the likes of, of Nigel Farage and Rupert Lowe's Restore.
But there's a recognition that Labour hasn't been listening to their traditional voter base, and that is around jobs in the industrial north, steel jobs, industrial manufacturing jobs, and the costs of energy and how they are leaving the United Kingdom dangerously exposed at a time where, in Europe, there's a hot war.
And I would dare say that we're in a fairly similar, if not more dire position than what the United Kingdom's in.

Both countries have, uh, deindustrialized in the last thirty years in a dramatic way-


And you know, Vladimir Putin has really pushed the envelope, putting it mildly, in what he's done in Ukraine, and he threatens to do elsewhere.


And the new UK Prime Minister, what, what worries me, uh, aside from the, the dire problems they, they do have right across their society and economy right now, is that I don't know that he has a lot of depth of experience on international issues.

He does have some ministers who do, but-- and they've got a lot of work to do to get their heads around this.

And we also, one of the points that I wanted to pick up from your introduction really was one of the reasons we're in the dire situation we are in, and one of the reasons why what we said last week at the conference was new to so many people who are, many of them, pretty senior in their companies, is that we haven't had frank discussion and frank briefings from government-

... and for that matter, from other, other community people who are really well informed in this space about what's really going on.
And I'm going to start with the unceremonious firing of the British Prime-- former British Prime Minister Keir Starmer, and his replacement with, uh, Andy Burnham, and this pivot that he is taking in his language around listening to the working class, seeking...
Now, there's a political element to that, where he's trying to cut off and mitigate the rise of the likes of, of Nigel Farage and Rupert Lowe's Restore.
But there's a recognition that Labour hasn't been listening to their traditional voter base, and that is around jobs in the industrial north, steel jobs, industrial manufacturing jobs, and the costs of energy and how they are leaving the United Kingdom dangerously exposed at a time where, in Europe, there's a hot war.
And I would dare say that we're in a fairly similar, if not more dire position than what the United Kingdom's in.

Both countries have, uh, deindustrialized in the last thirty years in a dramatic way-


And you know, Vladimir Putin has really pushed the envelope, putting it mildly, in what he's done in Ukraine, and he threatens to do elsewhere.


And the new UK Prime Minister, what, what worries me, uh, aside from the, the dire problems they, they do have right across their society and economy right now, is that I don't know that he has a lot of depth of experience on international issues.

He does have some ministers who do, but-- and they've got a lot of work to do to get their heads around this.

And we also, one of the points that I wanted to pick up from your introduction really was one of the reasons we're in the dire situation we are in, and one of the reasons why what we said last week at the conference was new to so many people who are, many of them, pretty senior in their companies, is that we haven't had frank discussion and frank briefings from government-

... and for that matter, from other, other community people who are really well informed in this space about what's really going on.
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