I’m very pleased to join you all this morning for the National Small Business Summit.

I’m here because the Government that I lead respects and values every one of Australia’s 2.5 million small businesses - and the more than 5 million Australians employed by them.

We respect how hard everyone in small business works.

We recognise the aspiration at the heart of every small business, the determination to build something for yourself and your family.

We value the contribution you make to the life of our communities - and the strength of our nation.

SABRA LANE, HOST: The Prime Minister, Anthony Albanese, joins us now from Sydney. Prime Minister, good morning and welcome.

ANTHONY ALBANESE, PRIME MINISTER: Good morning. Good to be with you.

LANE: The Spanish Prime Minister says Israel's explanation of what's happened is insufficient and unacceptable. Do you share those thoughts?

JOURNALIST: Have you spoken with Benjamin Netanyahu and has the Government been provided with any answer as to why these aid workers were targeted?

ANTHONY ALBANESE, PRIME MINISTER: I am honoured to announce that His Majesty The King has approved my recommendation to appoint Ms Samantha Mostyn AO as Australia’s next Governor‑General. Ms Mostyn will be the 28th Governor-General of the Commonwealth of Australia and the second woman to hold this office. Sam Mostyn is an exceptional leader who represents the best of modern Australia. She has lived her life in the service of a powerful Australian principle: when more people have the opportunity to fulfil their potential, our nation is a better place.

His Majesty King Charles III, on my recommendation, has approved the appointment of Ms Samantha Mostyn AO as Australia’s next Governor-General.

Ms Mostyn will succeed His Excellency General the Honourable David Hurley AC DSC (Ret’d) and will be Australia’s 28th Governor-General when she is sworn in on 1 July 2024.

Ms Mostyn is known for her exceptional service to the Australian community. She is a businesswoman and community leader with a long history in executive and governance roles across diverse sectors.

My government is working to ensure no Australian is held back and no Australian is left behind.

That is why we’re recommending to the Fair Wage Commission’s Annual Wage Review that Australia’s low-paid workers do not go backwards.

Encouragingly, real wages have returned to growth and, for the first time in more than five years, real wages have grown for three consecutive quarters.

After a decade where stagnant wages were a deliberate design feature of the Liberals’ economic policy, it will take time for Australian workers to feel like they’re making headway.

SARAH FERGUSON, HOST: Prime Minister, welcome to 7.30.

ANTHONY ALBANESE, PRIME MINISTER: Good to be with you, Sarah.

FERGUSON: Have you spoken to Zomi's family?

PRIME MINISTER: I have spoken to Zomi's brother. They are, of course, devastated by this news. This is just an extraordinary tragedy, it's one that they certainly weren't expecting. Zomi knew the risks, but when you're there providing aid and support and doing such extraordinarily good work, you don't expect that to happen.

MILTON DICK MP, MEMBER FOR OXLEY: Welcome to Redbank, it’s such a privilege to be the local Federal Member, to welcome the Prime Minister, Minister Conroy, Shayne Neumann, my parliamentary colleague, and Lance McCallum, the local State Member and a Minister in the Miles Government. Today is a historic day for our community, where we're seeing a real investment in jobs for the future. And I'm so proud that here in Redbank we'll see 600 jobs, a billion-dollar investment, but more importantly, the jobs of the future being built right here in Ipswich.

STEVE AUSTIN, HOST: Why is the city of Ipswich involved in a major arms deal? The Prime Minister, Anthony Albanese is there today. Prime Minister, why is the city of Ipswich involved in a major arms trade?

Labor has just landed the single largest defence export agreement in Australia’s history – and the deal means jobs and economic opportunity for Queensland.

Queenslanders will be building more than 100 new Boxer heavy weapon carrier vehicles at Rheinmetall Defence Australia’s Military Vehicle Centre of Excellence at Redbank in Ipswich.

This new agreement will secure 600 direct jobs in Queensland, with economic opportunity flowing right through the supply chain. These armoured vehicles will be exported for use by the German Army.