Submarine

Australia's new PM vows 'reset' with France after submarine row

Australia in 2021 cancelled a multi-billion dollar contract with a French firm to build the submarines.

It instead signed a new defence pact with the US and the UK, infuriating French President Emmanuel Macron.

He accused then leader Scott Morrison of lying to him, briefly recalling France's ambassador in protest.

Mr Albanese - who was elected in May - will travel to Madrid next week for the Nato summit. He will make a detour to Paris to smooth over ties.

"It is important that a reset occur," he told the Australian Broadcasting Corporation.

Indonesia submarine search feared to have failed as oxygen runs out

There are fears the vessel carrying 53 crew may already have sunk to a depth where it might have been crushed.

The KRI Nanggala 402 disappeared on Wednesday during exercises off the coast of Bali, sparking a frantic search to locate the stricken vessel.

Australia, India, Malaysia and Singapore have so far sent assistance. A US Navy P-8 Poseidon aircraft landed in Bali early on Saturday morning.