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Chapter 1: What is the main topic discussed in this episode?
This episode is brought to you by our friends at Advanced Pet Food.
From The Daily Oz, I'm Zara Seidler. I'm Lucy Tassel. It's Wednesday the 17th of June. Here's what's making headlines this evening.
The US and Iran have released the text of an interim agreement to end their war, with US President Donald Trump threatening to resume attacks and kill Iranian officials if they fail to honour their commitments.
At the G7 summit, Trump also withdrew at least one of his stated rationales for attacking Iran in the first place, saying it would be quote unfair for Iran not to have ballistic missiles, having previously vowed to obliterate them. We're going to bomb the hell out of them if they violate the agreement, Trump said of Iran at a press conference.
The memorandum includes an immediate end to the war on all fronts, including Lebanon, the full resumption of maritime traffic in the Strait of Hormuz, the lifting of a US blockade of Iranian ports, the waiving of international sanctions on Iran, the unfreezing of its assets, and a plan worth 30%.
300 billion US dollars, that's around 426 billion Aussie dollars, for the economic rehabilitation of Iran.
Annual migration levels have fallen slightly according to the Australian Bureau of Statistics. Figures released on Thursday show net overseas migration in 2025 meant Australia's population grew by 301,000 people. Net migration is the result of subtracting the number of people who left Australia from the number of people who moved here.
The timing of the data follows a debate surrounding migration levels, with the coalition criticising the government for underestimating the numbers and One Nation calling for a more drastic cut to the rate. Treasurer Jim Chalmers said the migration rate had fallen by almost 50% from peaks experienced after the COVID pandemic.
Chalmers added, "...the facts clearly show that net overseas migration is coming down under Labor and Treasury is forecasting it to go even lower in the coming years."
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Chapter 2: What is the interim agreement between the U.S. and Iran about?
The children have since been identified as one-year-old Harry and five-year-old Catherine. Paramedics treated the children at the scene and they were taken to hospital in critical condition, but police confirmed their deaths on Wednesday evening. Their mother, 33-year-old Sok Ram, was treated for minor injuries. She told reporters on Thursday morning, everyone tried to save them.
I love them more than my life. The children's father, Vundi Thar, told Nine News they forgive the driver and want others to drive carefully. A GoFundMe for the family has raised more than $100,000.
And today's good news. New research shows 166,000 square kilometres worth of coral reefs across the world will be able to recover from the impacts of climate change. Scientists analyse the results of 45,000 coral surveys alongside existing data. to identify whether some coral reefs would be able to survive damage caused by humans.
They found reefs located in 71 countries and 100 territories can adapt to the damage created from climate impacts and continue to survive. The Wildlife Conservation Society's Director of Coral Conservation, Emily Darling, said coral reefs are often framed as ecosystems beyond saving. This research shows otherwise. We know where the hope is and now what we need is the political will.
That's the latest from the Daily Oz Newsroom. If you're looking for something else, you can catch up on this morning's Deep Dive where we discuss if Australia can prevent shark attacks.
We'll be back tomorrow with another Deep Dive, but until then, have a great afternoon.
Just before we go, did you know that sniffing can give your dog a dopamine boost and help melt away stress? This winter, Advanced Pet Food and Pet Barn are bringing an in-store Sniffari to stores throughout June to get your dog's nose and brain working for when park dates are on pause. Plus, for a limited time, Advanced Dry Dog Food 13kg and 15kg bags are just $115 at Pet Barn.
Head in-store today. Offer ends 29th of June. Terms and conditions apply. Thank you.
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