There’s little sign of what – if anything – Labor intends to do differently as Australia’s most important ally changes beyond recognition

Jim Chalmers wasn’t exaggerating when he said copies of a speech by Canada’s prime minister, Mark Carney, were being shared widely around Parliament House in Canberra this week.

Carney used a visit to the World Economic Forum to give last rites to the international rules-based order, declaring the era of Donald Trump represented a “rupture, not a transition”.

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