Australia–Japan relations in 2013 with the new Abbott Government calling Japan Australia's "closest friend" in Asia, when Japanese Prime Minister Shinzo Abe visited Australia to conclude the Japan–Australia Economic Partnership Agreement and to address the future of the relationship between Australia and Japan, being the first Japanese Prime Minister to address the Parliament of Australia. With the new Turnbull Government starting in 2015, Prime Minister Malcolm Turnbull has made a few changes to the bilateral relationship between Australia and Japan. This included a slight pullback in terms of the recent bid for the upgrade of the Royal Australian Navy submarine fleet in
National debt of Japan Noda of the Democratic Party of Japan (DPJ) - passed a bill in June 2012 to double the national consumption tax to 10%. This increased the tax to 8% in April 2014. The originally scheduled 10% tax increase to be implemented in October 2015 has been delayed until at least October 2019. The goal of this increase was to halt the growth of the public debt by 2015, although reducing the debt would require further measures. The DPJ subsequently lost control of the Diet in late 2012, and Noda's successor Shinzo Abe, of the Liberal Democratic Party, implemented the "Abenomics"