CANBERRA, Australia (AP) — Australia could damage its economic future if it bans Huawei from the nation's next-generation mobile network technology, the Chinese telecommunication giant's Australian boss said on Wednesday. Australia barred Huawei, the world's largest telecommunications equipment supplier, on national security grounds from bidding for contracts in 2011 for the national broadband network which is being rolled out countrywide. According to media reports, the government is now poised to ban Huawei from supplying 5G networks, the next evolution in phone technology that will start commercial services in Australia next year. Huawei Australia Chairman John Lord told the National Press Club his Shenzhen-based company was having discussions with government "at all levels" on its involvement in 5G.