The federal government's downgrading its travel warnings for several countries in the Middle East in the wake of a new ceasefire agreement between the US and Iran.

Radio shock jock Kyle Sandilands has reached a settlement with KIIS FM owner ARN, over its cancellation of his 100 millon dollar contract.

And the federal government is investing 3.6 billion dollars to give childcare workers a pay rise.

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Australian’s weather bureau has declared an El Nino has formed and it is on track to be a big one. 

Businesses in regional Australia have been hit hard by the war in the Middle East and want the federal government to extend fuel and freight discounts.

Prime Minister Anthony Albanese says he will decide about the fuel excise at the end of next week. 

Iran says it will consider Israeli attacks in southern Lebanon a breach of its ceasefire deal with the US.

Childcare workers have secured a 15 per cent pay rise after threatening to walk off the job.

The weather bureau's officially declared El Niño active in Australia.

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Listen to the latest updates from ABC News

Listen to the latest updates from ABC News

Listen to the latest updates from ABC News

Listen to the latest updates from ABC News

The Reserve Bank has left its cash rate target on hold at four-point-three-five per cent, after three consecutive hikes in February, March, and May.

The RBA stated a wait to see the impact of those hikes as the reason for holding rates at today's meeting.

Inflation means prices are still rising faster than the two to three per cent range that is the central bank's target, but in a statement it noted a slowing economy and the impact of disruption to oil supply from the middle east in it's justification.

U-S Vice President J-D Vance says the White House may release the ceasefire agreement with Iran before Friday.

American officials say the memorandum of understanding was electronically signed by all parties on the weekend.

Many of the terms of the agreement remain unknown, with U-S President Donald Trump previously indicating details will be released "sometime after Friday" -- But Mr Vance says it could happen earlier.

Police have arrested a man in Victoria's north-east as part of their investigation into how Dezi Freeman evaded police for months after fatally shooting two officers.

Police searched seven properties across Victoria and New South Wales this morning -- and arrested a 62-year-old man in Wodonga who is set to be interviewed by detectives.

Freeman died in March during a stand-off with police at a rural property, months after fatally shooting two officers last August.For more news, politics and current affairs podcasts go to ABC listen

U-S Vice President J-D Vance has labelled the ceasefire deal with Iran a 'win-win' for the American people.

Senior U-S officials have begun to provide details about the agreement -- indicating the Strait of Hormuz will re-open on Friday.

Meanwhile, technical talks on Iran's nuclear programme are also expected to begin this week -- with the vice president saying Tehran will never have a nuclear weapon.

The publication of a report on proposed changes to the N-D-I-S Act that was scheduled for release today has been postponed until Friday.

A Senate committee reviewing the bill says they've requested an extension to further consider the evidence they received.

The bill proposes major changes to the laws governing the National Disability Insurance Scheme -- that would pave the way for about 36 billion dollars worth of savings for the budget.

The Reserve Bank has held interest rates at four-point-three-five per cent today.

Economists from the major banks had predicted rates would stay put, following three consecutive hikes.

The decision comes after data showed Australia's economy has begun to slow, with GDP growing by point-3 per cent in the March quarter, down from point-9 per cent in the December quarter, as rate hikes started to have an impact.

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