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The latest volley of North Korean ballistic missiles, one of which flew over northern Japan, has pushed tensions on the Korean peninsula to a perilous tipping point where war is no longer unimaginable. The real prospect of a military conflict between nuclear-armed North Korea and the US and its allies underscores the recent deterioration in Australia’s security environment. It raises the question of whether our foreign policy is calibrated for the challenges ahead in a world that is becoming a far more dangerous and volatile place.

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