U.K.'s Johnson Says 'Get Ready' for No-Deal Brexit

The transcript discusses the increasing likelihood of the UK exiting the transition period without a deal, emphasizing the need for clear communication with the public. It compares potential UK-EU relationships to the Australian and Canadian models, highlighting opportunities and the necessity for businesses and the public to prepare for changes. The speaker reassures that an Australian-style solution is not a failure of diplomacy and stresses ongoing efforts to negotiate with the EU, despite current challenges.

How does the speaker view the potential Australian solution in relation to politics and diplomacy?

What is the current status of the treaty according to the speaker?