Sky News Australia Update

Israel PM Benjamin Netanyahu pledges to maintain military presence in Lebanon, business and industry leaders ask Labor to rethink Budget changes. Plus, Senior Victoria Liberal Colleen Harkin quits the party.

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Petrol price relief will be extended by a month, Anthony Albanese is brushing aside speculation about who could replace him as leader. Plus, the Victoria government spent $3.6 million on an advertising campaign to promote its machete reforms.

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Hundreds of people take part in a swim-out at Coogee beach to honour the woman mauled by a shark, police review security surrounding Socceroos' watch parties in Sydney and Melbourne. Plus, Poland strips Volodymyr Zelensky of a top honour. 

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Iran closes the Strait of Hormuz as JD Vance departs for Switzerland to continue talks, Anthony Albanese confirms the fuel excise cut will be extended for another month. Plus, five people are injured in the UK after suspected anti-Muslim attacks. 

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Australia detects its first case of the deadly H5 bird flu strain, patients face growing delays for access to lifesaving medicines. Plus, Pauline Hanson calls for high-level federal police protection.

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Israel and Hezbollah agree to a ceasefire after US pressure, Victorian teachers prepare fresh strike action after rejecting the Allan government’s pay offer. Plus, Giorgia Meloni accuses Donald Trump of making up a story about her.

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Police charge a third man over the Adass Israel Synagogue firebombing, Switzerland's foreign minister says peace talks between the US and Iran have been scrapped. Plus, Labour candidate Andy Burnham wins the Makerfield by-election in the UK.

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Business groups say Labor’s CGT concessions don’t go far enough, the NSW Treasurer raises concerns about migration ahead of the state budget. Plus, polls close in a key UK by-election that could test Keir Starmer’s leadership.

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Ukraine launches a major strike on Moscow, hitting an oil refinery for the second time this week. Labor’s capital gains tax changes face fresh criticism despite concessions. Plus, grave fears for AFL great Tony Modra after a cattle truck crash.

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The White House has confirmed to Sky News that a peace deal with Iran has been signed, police are investigating the banner incident at the National Press Club. Plus, taxpayers are being advised to value personal assets worth more than $500.

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Court documents from Ben Roberts-Smith’s April arrest are released, including a jail mugshot. South Australia debates changes to its abortion laws. Plus, the US Federal Reserve holds rates steady in Kevin Warsh’s first decision as chair.

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Details of America’s Iran peace deal are revealed, police investigate the National Press Club banner incident as GetUp! claims responsibility. Plus, alleged ISIS bride Zeinab Ahmed is denied bail after a lengthy court hearing.

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So-called ISIS Bride Zeinab Ahmad has been denied bail, Pauline Hanson is calling on the Albanese government to repeal the tobacco excise. Plus, the antisemitism Royal Commission has overruled an attempt from the federal government to hide evidence.

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Labor commits $3.6 billion to childcare and locks in a pay rise for early educators, business leaders warn Jacinta Allan over Victoria’s work-from-home laws. Plus, NSW says it has cut 615 senior public service executive roles.

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A Ukrainian drone strike sets Moscow’s largest oil refinery ablaze, Jacinta Allan faces questions over the cost of alleged CFMEU-linked crime. Plus, pressure grows on Labor to exempt the medical and biotech sectors from its tax changes.

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The RBA has kept the cash rate on hold at 4.35 per cent, the PM faces a Labor revolt over AUKUS as branches move to drop support for the pact. Plus, A mother who was mauled by a shark at Sydney's Coogee Beach remains in a critical condition.

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Eight people are killed in an “unsurvivable” US Air Force bomber crash, Anthony Albanese faces a Labor revolt over AUKUS. Plus, Labor’s housing tsar says the government’s tax changes are not aimed at boosting housing supply.

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The RBA is expected to leave rates on hold for the first time this year, motorists are warned petrol prices may stay high despite a US-Iran peace deal. Plus, a Coogee shark attack victim remains critical after having an arm amputated.

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Pauline Hanson has shot past Anthony Albanese as preferred Prime Minister in the latest polls, a compromise to the CGT overhaul has been put forward. Plus, Anthony Albanese and Penny Wong release a joint statement on Trump's peace deal with Iran.

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The prime minister and foreign minister release a statement welcoming Trump's peace deal with Iran, a 9-year-old girl from Australia is fatally shot in an alleged robbery in Pakistan. Plus, UFC Freedom 250 commences at the White House.

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Pauline Hanson overtakes Anthony Albanese as preferred prime minister according to the latest polls, a six-month vigil is held at Bondi beach to honour the lives lost in the December terror attack. Plus, 12 people die after a plane crash in Missouri. 

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