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  • ABC News

    ABC News

    02/04/2026 | 1 mins.
    Listen to the latest updates from ABC News
  • ABC News

    ABC News

    02/04/2026 | 1 mins.
    Listen to the latest updates from ABC News
  • ABC News

    ABC News

    02/04/2026 | 1 mins.
    Listen to the latest updates from ABC News
  • ABC News

    Oil price jumps after Trump prime-time address on Iran war | ABC News Top Stories

    02/04/2026 | 1 mins.
    There's been tempered reactions from the oil market to US President Donald Trump's televised address.

    As Mr Trump finished speaking, the price of Brent Crude - the global oil benchmark - jumped five per cent to US$106 a barrel.

    Although he reiterated his two to three week timeline to end the war against Iran, the US leader offered no concrete update on how he plans to do so.  the war against Iran will come to an end.

    The Federal Opposition leader has used his own national address to urge Australians to look after themselves, as the conflict in the Middle East continues to cause economic pain.

    Angus Taylor has accused Prime Minister Anthony Albanese of causing further confusion, adding that he doesn't believe the government has provided enough clarity about the ongoing fuel crisis.

    Earlier, Mr Albanese used an address to the National Press Club to admit that while Australia is not an active participant in the Iran war, it is at the mercy of it.

    One Nation has won a fourth seat in South Australia's lower house - Narungga on the Yorke Peninsula.

    The seat was so close it required a re-count.

    One Nation won with a margin of 58 votes over the Liberal candidate.

    It means the party will have four seats in South Australia's House of Assembly.

    The Liberal Party will retain its opposition status – winning five seats.
  • ABC News

    Trump threatens to hit Iran 'extremely hard' over next few weeks | ABC News Top Stories

    02/04/2026 | 1 mins.
    US President Donald Trump has used a national address to boast of what he describes as his 'swift, overwhelming' victory in the war against Iran.

    He's blamed Iran for rising petrol prices across the world - Tehran has been blocking ships from passing through the crucial Strait of Hormuz since the U-S and Israel started the conflict in February.  

    Australia will join a virtual meeting tonight of 35 countries willing to assist in reopening the Strait.

    The US will not take part in the talks.

    Prime Minister Anthony Albanese has unveiled much anticipated reforms to gambling advertising.

    Under the new changes, Labor will cap the number of gambling ads per hour on daytime TV to three, and ban online advertising for users under 18.

    Liberal MP Simon Kennedy says the announcement is overdue and underwhelming.

    A class action has been filed in the Federal Court of Australia against Kmart, alleging that the retail giant underpaid its salaried store managers.

    The case centres around a claim that Kmart managers were routinely required to work "well beyond" their rostered hours without receiving overtime and penalty rates, or prescribed allowances.

    The allegations have not been proven and Kmart has not yet had an opportunity to file a defence.

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