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.'
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Herald Sun
16 minutes ago
- Herald Sun
How life will change for millions of Aussie from July 1
Don't miss out on the headlines from Economy. Followed categories will be added to My News. From minimum wage increases to a crackdown on tobacco, a number of changes will come to effect for millions of Australians from July 1. State and federal governments typically use the new financial year as a starting point for a range of regulatory and legislative changes. Among this year's changes are an increase to the minimum wage and changes to skilled migration. The NSW and Victorian governments will also crack down on tobacco with new licensing schemes. The Albanese government will institute a number of changes from July 1. Picture: NewsWire / Andrew Henshaw See the full list of changes here: National – The minimum wage will increase by 3.5 per cent from July 1. The Fair Work Commission has approved the increase in the national minimum award to $948 per week or $24.95 per hour, which will apply from the first full pay period starting on or after July 1. The minimum award wages will increase by the same percentage. – A number of changes to nsuperannuation will come into effect from July 1. On that day, the superannuation guarantee rate will increase to 12 per cent. The new percentage will be applied to all salary and wages paid to eligible workers on or after July 1, and will mean employers will have to pay a minimum of 12 per cent to an employee's superannuation fund. The maximum super contribution base will meanwhile decrease from $65,070 to $62,500. – From July 1, Services Australia will lift the number of Parental Leave Pay days from 110 to 120 for children born from that day. Parents, including of adoptive children, will be able to claim up to three months before the date they expect the child to 'enter their care'. – Skilled visa income thresholds will be increased by 4.6 per cent from July 1, when the annual indexation takes affect. The Core Skills Income Threshold and Temporary Skilled Migration Income Threshold will increase from $73,150 to $76,515 while the Specialist Skills Income Threshold will increase to $141,210. – The sorts of products smokers can purchase is set to change from July 1. In the new financial year, a raft of changes to tobacco sales will come into full affect, including the banning of flavoured or menthol cigarettes, the removal of names such as 'smooth' and 'gold', packets will be standardised at 20 cigarettes, as well as the rolling out of consistent shapes and sizes, and new health information. Many of the changes have already been implemented. NSW Premier Chris Minns has faced criticism ahead of the state's tobacco crackdown. Photo: NewsWire/ Gaye Gerard NSW – From July 1, NSW will finally have a tobacco licensing scheme. Retail businesses selling tobacco and non-tobacco smoking products will be required to notify NSW Health, with stiff penalties for any breaches. – A new Community Services Industry portable long service leave scheme will be introduced on July 1. It will give workers in the community services industry, who often work with multiple employers, access to long service leave after seven years of service to the industry with one or more employers. – Improved protections for renters will come into effect from July 1, including making it easier for accessibility infrastructure to be installed, providing evidence that an animal is an assistance animal, and obtaining approval for minor renovations. – A raft of changes to strata in NSW will come into effect from July 1. They include new strata committee duties, protection for owners in strata from unfair terms, increased penalties for developers, and other improvements to strata laws. – Community land law changes will also take effect from July 1, including ensuring that sustainability is discussed during annual general meetings, that requests to change association property for accessibility infrastructure only needs a majority vote at an association meeting, and that by-laws don't ban sustainability infrastructure based on appearance – except if it is a heritage property. Tobacconists in NSW and Victoria will require a licence from July 1. Picture: Newswire/ Gaye Gerard Victoria – New rules requiring motorists to slow down to 40km when passing workers on the roadside, or stationary or slow-moving vehicles (travelling at 10km/h or less) displaying flashing lights, will be introduced from July 1. Previously applicable to emergency and law enforcement vehicles, motorists will now also have to slow down for other vehicles, including accident towing trucks, roadside assistance, and incident response vehicles. – From July 1, tobacco retailers and wholesalers will be required to apply for a licence to sell tobacco products. Tough penalties will apply for those found contravening the new regulations, inducing a fine of $829,878 for anyone operating without a licence or caught possessing or selling illicit tobacco. For an individual, it is $165,975 (or five years prison. – A planning permit will not automatically be required for a venue with a liquor licence in Victoria beginning July 1. – The payroll tax free threshold will increase from July 1 to will be lifted from $900,000 to $1,000,000 for annual returns, and from $75,000 to $83,333 for monthly returns. – The Victorian Default Offer, a set electricity price, will be set at $1675 from July 1. Victorian Premier Jacinta Allan has spearheaded a number of changes. Picture: NewsWire / Aaron Francis Queensland – Annual rent and eligibility checks for all social housing tenants will be reintroduced from July 1. The checks will confirm if tenants still meet income thresholds. – People convicted of a crime will pay more from July 1, when the Queensland government indexes the rate of a penalty unit. From that date, a single penalty unit will rise from $161.3 to $166.9 for most offences covered under state legislation, as well local law penalties. Western Australia – Reforms to WA's public sector will begin to take effect from July 1. They include the transition of the Department of Jobs, Tourism, Science and Innovation to the Department of Energy and Economic Diversification and a new Office of Defence Industries. A new Department of Mines, Petroleum and Exploration will administer and drive the future development of the resources industry. – Rebates will be made available for residential solar batteries of up to $1300 for Synergy customers and up to $3,800 for Horizon Power customers from July 1. The reforms are aimed at allowing more households access to batteries and rebates. South Australia – The SA government will implement cost of living measures from July 1, including capping the price of a 28-day student pass on the MetroCard to $10 – down from $28.60. The change means a trip for a student on public transport will cost about 25c. Victorian motorists will finally have to slow to 40km for roadworks. Picture: NewsWire / Luis Enrique Ascui Tasmania – RBF Life Pensions, Interim Invalidity Pensions, and Parliamentary Pensions will be indexed in-line with reflation and a Consumer Price Index of 1.150 per cent on July 1. – TasWater, Tasmania's water and sewage utility, will increase its prices by 3.5 per cent from July 1. The average residential customer will see an increase of about 12.04 cents per day. – From July 1, the electoral reforms will establish a new scheme for disclosing political donations and electoral expenditure in parliamentary elections, and administering public funding in relation to House of Assembly elections in Tasmania. Northern Territory – The payroll tax-free threshold will increase to $2.5m on July 1, with maximum annual deductions also increased to $2.5 million maximum annual deduction to $2.5 million ACT – On July 1, the ACT government will raise the minimum age of criminal responsibility from 10 to 14. – A short-term rental accommodation levy will be introduced in the ACT on July 1. It will apply to books of no more than 28 days. – The ACT Public Service will berestructured from July 1, including directorate mergers, function transfers and the creation of the new Digital Canberra directorate. Originally published as How life will change for millions of Aussie from July 1
Sky News AU
an hour ago
- Sky News AU
Albanese government responds after Australian journalist shot by authorities during Los Angeles protests
The Albanese government has confirmed that officials are in contact with an Australian journalist who was shot with a rubber bullet while covering violent protests in Los Angeles. The Albanese government has confirmed that officials are in contact with journalist Lauren Tomasi, who was shot with a rubber bullet while covering violent protests in Los Angeles. The Channel Nine News' US Correspondent was reporting on authorities firing rubber bullets when she was shot by an officer. In a statement provided to Sky News, a spokesperson for the Department of Foreign Affairs and Trade (DFAT) said they were 'in contact' with an Australian injured in the protests. 'The Australian Consulate-General in Los Angeles is in contact with an Australian injured in protests, and stands ready to provide consular assistance if required' the spokesperson said. 'Australia supports media freedom and the protection of journalists. All journalists should be able to do their work safely, 'The Smartraveller travel advice for the US currently advises Australians to avoid areas where demonstrations and protests are occurring due to the ongoing potential for unrest and violence. 'Australians should monitor the media for information and updates, and follow the instructions of local authorities.' — 9News Australia (@9NewsAUS) June 9, 2025 In video footage shared online, an officer can be seen lining up his weapon at Ms Tomasi and fires at her after she finished her report. Ms Tomasi could be seen wincing in pain before insisting she was 'good' as she and her cameraman retreated from the scene. The incident occurred amid escalating demonstrations across Los Angeles in response to President Donald Trump's immigration enforcement raids. Violent clashes have broken out between protesters and police, prompting the deployment of National Guard troops. Authorities have declared some protests 'unlawful assemblies', citing projectiles thrown at officers. Greens Senator and media spokesperson Sarah Hanson-Young condemned the shooting, calling on Prime Minister Anthony Albanese to seek an explanation from the US. 'US authorities shooting an Australian journalist is simply shocking,' Ms Hanson-Young said in a statement on Monday. 'It is completely unacceptable and must be called out. The Prime Minister must seek an urgent explanation from the US administration. 'As Albanese is preparing for his first meeting with President Trump, the first thing he must tell the President is to stop shooting at our journalists.' Mr Albanese and President Trump are expected to meet at the G7 Summit in Canada between June 15 and 17. Tensions continue to rise in California following Trump's deployment of 2,000 National Guard troops, a move labelled 'unlawful' by Democratic Governor Gavin Newsom. In a post on Truth Social, the US President claimed LA had been 'invaded and occupied by Illegal Aliens and Criminals'. 'Violent, insurrectionist mobs are swarming and attacking our Federal Agents to try and stop our deportation operations — But these lawless riots only strengthen our resolve,' the President said.
West Australian
2 hours ago
- West Australian
Protesters have targeted Albo's Sydney electorate office after Israeli forces board Greta Thunberg's ship
Protesters have gathered outside Prime Minister Anthony Albanese's Sydney electorate office after Israeli forces intercepted a boat of activists – including Greta Thunberg – that was attempting to challenge the blockade of Gaza. Thunberg was among a group of activists on board the ship aid supplies when the boat was intercepted by Israeli forces on Monday Sydney time. Several prerecorded videos were posted to X by the Freedom Flotilla Coalition following the interception, including one where Thunberg urged people to put pressure on the Swedish government to release her and the other protesters as soon as possible. 'If you see this video we have been intercepted and kidnapped in international waters by Israeli occupational forces, or forces that support Israel,' Thunberg said in the video. The Israel Foreign Ministry have dubbed the boat a 'selfie yacht' of 'celebrities' in a post to X, writing the boat was 'safely making its way to the shores of Israel'. 'The passengers are expected to return to their home countries,' the Israel Foreign Ministry wrote to X about 10.54am AEST. Pro-Palestine protesters called a snap protest at Mr Albanese's office in Marrickville on Monday afternoon, wielding signs reading 'Good guys don't block aid' and Palestinian flags. Other signs read 'Hey Albo it's time. Sanction Israel now!' Students for Palestine (SFP) Australia called for the nationwide rallies in response to the interception of the Madleen ship. An SFP co-convener called on Mr Albanese and Foreign Affairs Minister Penny Wong to expel the Israeli ambassador, cut military and economic ties with Israel, and pressure Israel to release the activists. 'The Madleen crew represent the hopes of all those who stand for humanity against the starvation and bombardment of Gazans, and they must be immediately released,' the SFP co-convener said in a statement on Instagram. More to come
