BREAKING NEWS

Australian leader urges Britain to stay in EU

Flags fly outside Europe House, the European Parliament's British offices, in central London, with European flag, right, and Britain's Union flag, Tuesday June 21, 2016. A national referendum on Thursday June 23, will dictate if Britain will leave the European Union, or remain part of the EU bloc.  (Lauren Hurley / PA via AP) UNITED KINGDOM OUT - NO SALES - NO ARCHIVES

Australian Prime Minister Malcolm Turnbull says there will be a big impact on the global economy if Britain votes to leave the European Union.

"It would be a very big shock, there is no doubt about that. ... There will be obviously be great efforts to ensure that the consequences of that shock are minimized," Turnbull told reporters.

Foreign Minister Julie Bishop told reporters it is in Australia's "national interest for a strong Britain, an indispensable friend and ally of ours, to remain within the European Union."

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