Australia news live: top 100 CEOs bank 16% pay rise; Husic warns Labor over Gaza policy

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Chief executives of Australia’s 100 biggest companies earned a median $4.8m in the 2025 financial year. Follow today’s news live

Good morning and welcome to our live news blog. I’m Martin Farrer with the top overnight stories and then it’ll be Nick Visser with the main action.

Ed Husic has warned the Labor party that it risks losing voter support in a similar way to the Democrats in the US if it continues to respond to questions around Palestinian rights with “fear and loathing”. More coming up.

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