Strait of Hormuz to open; Australia hit by post-budget economic pessimism; Expanded shark drones after attack

Strait of Hormuz to open; Australia hit by post-budget economic pessimism; Expanded shark drones after attack

Good morning and welcome to our national news live coverage for Tuesday, June 16. Here’s what’s making news today.

US-Iran peace agreement: The Strait of Hormuz will be opened toll-free for 60 days under the unreleased peace agreement between the US and Iran, but its longer-term operation will be subject to negotiations, American officials said.

Politics: Less than a third of people think the May budget will be good for them or the nation, while public assessment of Jim Chalmers’ performance as treasurer has fallen to its lowest level ever.

Business: Embattled consulting group KPMG has effectively been banned from new federal government work while the Department of Finance reviews its suitability as a contractor.

Energy: The NSW government’s $1 billion renewables fund has chosen its first project, investing $100 million in battery projects.

Workplace: Casual and part-time workers will be included in new laws protecting the rights of Victorians to work from home, with the state government set to introduce legislation into parliament this week.

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