Businesses get ‘stability and continuity' under re-elected Albanese government
Orica Chief Executive Sanjeev Gandhi says businesses receive 'stability and continuity' from a re-elected Albanese government.
One of the world's largest explosive manufacturers, Orica, said net profit rose 40 per cent to $250 million.
'What businesses always want is stability and continuity,' Mr Gandhi told Sky News host Rita Panahi.
'With the government getting re-elected, that's what we are getting, so that is extremely positive.
'This is a huge opportunity to put into place clear measures for all the policies that were put forward in the first term, as an example, the Future Made in Australia.'
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Herald Sun
25 minutes ago
- Herald Sun
Andrew Forrest calls for end to Russian fuel imports
Don't miss out on the headlines from Victoria. Followed categories will be added to My News. 'Australian mums and dads should not be funding Putin's war machine,' Dr Forrest told the Herald Sun after it was revealed the Kremlin had received $1.85bn in taxes from crude oil exports that have, via Indian refineries, ended up in Australian fuel tanks since 2023. Calls have grown for Australia and other Western nations to close a loophole that allows third-party nations such as India, Turkey and China to refine Russian crude feedstock into petroleum and legally export it as a 'substantially transformed' product. Dr Forrest, recently named one of Time Magazine's 100 most influential people, said 'we need comprehensive reform of sanctions law to effectively police Russian fossil fuel imports.' 'The fossil fuel economy will always create dependencies on tyrants. The geostrategic need for green fuel independence is now.' Through his Minderoo Foundation, Dr Forrest has provided $20m in emergency aid to Ukraine for those impacted by the war and committed another $765m to post-conflict rebuilding, focusing on green energy and digital infrastructure. The Australian Federation of Ukrainian Organisations, a peak body for the diaspora, is also calling on major fuel retailers, including BP and Ampol, to prohibit imports from foreign refineries that use Russian crude, in particular the Jamnagar Refinery in India which has exported much of the estimated $3.7bn in fuel to Australia that contains Russian feedstock which generates taxes for autocrat Vladimir Putin. AFUO wants the Albanese government to close the sanctions loophole, mandate transparency on the crude origin of fuel and pursue international co-operation on the issue. The group's chair, Kateryna Argyrou, has also called for consumer labelling to certify 'clean fuel' standards for motorists and other users to provide confidence their purchases are not helping fund Putin's invasion. An Essential Research survey commissioned by AFUO found 60 per cent of Australians back comprehensive import bans on products made from Russian oil and 60 per cent also want petrol retailers to voluntarily commit to only using refineries that refuse Russian crude.
AU Financial Review
36 minutes ago
- AU Financial Review
Australia and EU in talks on security partnership to ‘defend peace'
Europe's ambassador to Australia has revealed the Albanese government and the EU have begun discussions about a bilateral security partnership, and he is more optimistic of achieving that than the free trade deal which is being negotiated separately. Anthony Albanese played down the prospect of a security partnership when it was raised with him in Rome last month, but EU ambassador Gabriele Visentin said Defence Minister Richard Marles and the EU's High Representative for Security Policy, Kaja Kallas, discussed it at the Shangri La Dialogue in Singapore last weekend.
The Age
2 hours ago
- The Age
Islamic preacher tells court he ‘never set out to insult Jews'
Asked if what he was saying was 'the problem was the Jews in the seventh century and the problem is the Jews today', Haddad replied: 'Not in that general sense, no.' He said his description of Jews as 'a vile people' was a reference to the actions of the Israeli government, and denied he was setting out to criticise Jews as a race. 'I never set out to insult Jews,' he said. He said his speeches were 'taken from Islamic texts' and he was referring to 'Jews of faith' rather than ethnicity. Haddad is defending the lawsuit on a number of bases, including that the claim must fail because the sermons were delivered in private at the Al Madina Dawah Centre, where there is 'no standing invitation to non-Muslims to attend', and only published online later. Section 18C covers acts in public that are reasonably likely 'to offend, insult, humiliate or intimidate another person or a group of people'. The acts must be done because of the 'race, colour or national or ethnic origin' of that other person or group. Members of the Jewish community gave evidence earlier on Wednesday that they first became aware of Haddad's speeches via either or both The Australian and Sky News. Loading Braham foreshadowed he would submit that 'just about everything' that happened at the centre was designed 'for public consumption and to create, or attract, controversy'. The sermons were published on the centre's Facebook and Rumble social media accounts. Haddad's lawyers say in written submissions there is 'no evidence' that he or the centre's incorporated association, of which he is a founder, were involved in uploading the speeches or had 'any awareness of that having been done'. However, Haddad told the court that he 'knew they were being recorded' in November 2023, and that they were all going to be published online. He also agreed that he was, in effect, in charge of the centre. Haddad's lawyers argue the sermons were not reasonably likely to offend, insult, humiliate or intimidate Jewish people in Australia. It was 'only because of what appears to have been an extraordinary pursuit of Mr Haddad and the centre that any Jewish person in Australia was exposed to the speeches', the submissions say. They also say the speeches were not delivered by Haddad 'to express any criticism or comment about Jewish people in Australia, by reason of their race or otherwise', but were intended to provide 'support and spiritual comfort to members of the Muslim community by placing the current events in Gaza in a historical religious context'. Haddad's legal team also argue an exemption in section 18D of the law applies because the sermons amounted to 'a fair comment on any event or matter of public interest', and the comments were 'an expression of a genuine belief' held by him. But the legal team for Wertheim and Goot say Haddad 'acted neither reasonably nor in good faith'.
