NDIS Reform and Sustainability in Focus
Prime Minister Anthony Albanese has stated that the National Disability Insurance Scheme (NDIS) requires a review for long-term sustainability. Speaking to Sky News, Albanese emphasized, “The system needs to be sustainable. The NDIS was never intended for 40% of the population to participate. It’s about providing support for those who truly need it.”
While the growth rate of scheme costs reached 10.8% last financial year—lower than the 12% projection—the program still costs $46.3 billion, underscoring the importance of maintaining a balanced approach. Figures show the program came in $520 million under predictions for the 2024-2025 budget period.
Government Prepares to Recognize Palestine at UN Assembly
The Australian government, led by Anthony Albanese, has announced plans to recognize Palestine at the upcoming United Nations General Assembly. Albanese called on critics of the decision to propose alternatives that ensure peace, reiterating, “We cannot continue as we have been. A path to lasting peace is essential.”
The announcement has drawn sharp criticism from the Israeli government, opposition parties, and Jewish community groups. Opposition Leader Sussan Ley argued recognition should follow a peace agreement, not precede it. Albanese, however, stressed the international community’s role in fostering peace, particularly citing the ongoing conflict in Gaza.
Support for Ukraine Amidst Prolonged Conflict
Prime Minister Albanese revealed his discussions with global leaders about resolving the Russian invasion of Ukraine. “The world has remained united in its condemnation of this illegal invasion,” he said. Albanese refrained from committing Australian troops but highlighted the country’s military aid contributions. Conflicts like this, he noted, have far-reaching global implications for stability.
Google Penalized for Anti-Competitive Practices
The Australian Competition and Consumer Commission (ACCC) has filed Federal Court action against tech giant Google, which admitted to engaging in anti-competitive behavior. The company faced backlash for agreements with Telstra and Optus between 2019 and 2021 to pre-install Google Search on Android devices while excluding competitor search engines.
Google has agreed to pay a $55 million penalty, as well as modifying its agreements with telecommunication companies. ACCC Chair Gina Cass-Gottlieb said, “This decision paves the way for more competition in the Australian digital economy, particularly as AI-based search evolves rapidly.”
$90 Million Fine for Qantas Over Illegal Sackings
Australia’s Federal Court has fined Qantas $90 million after illegally dismissing over 1,800 workers during the COVID-19 pandemic. Judge Michael Lee ordered $50 million of the penalty to be paid directly to the Transport Workers Union. The remaining $40 million will be allocated through further hearings.
The airline faced backlash for outsourcing ground handling operations at 10 airports. The court found Qantas acted to prevent employees from organizing protected industrial action, making the dismissals illegal.
BlueScope Steel Faces Profit Dips Amid Industry Challenges
BlueScope Steel, Australia’s largest steelmaker, reported a significant dive in profits for the fiscal year 2025—posting a net profit of $83.8 million compared to $805.7 million in fiscal 2024. A writedown of $438.9 million on its coated products business contributed to the sharp decline.
Despite challenges, BlueScope’s CEO Mark Vassella emphasized recovery prospects, particularly in the Australian construction sector and improving conditions in the US. The company also continues its bid to acquire the Whyalla steelworks in South Australia, solidifying its market dominance in steel production.
