The federal government says Iran's nuclear deal is a step forward in curbing the country's nuclear weaponry ambitions.
Parliamentary secretary for foreign affairs Steve Ciobo says the landmark deal thrashed out with Tehran to ensure Iran does not obtain a nuclear bomb was a positive outcome built on the work of past two years.
"It settles the issue with respect to Iran's nuclear ambitions to ensure there isn't an opportunity for Iran to develop nuclear weaponry," he told ABC radio on Wednesday.
Central Europe correspondent Kerry Skyring speaks to SBS Radio from Vienna:
Iran and six major world powers reached a nuclear deal on Tuesday, capping more than a decade of negotiations with an agreement that could transform the Middle East, and which Israel called an "historic surrender".
Under the deal, sanctions imposed by the United States, European Union and United Nations would be lifted in return for Iran agreeing long-term curbs on a nuclear programme that the West has suspected was aimed at creating a nuclear bomb.
Reaching a deal is a major policy victory for both U.S. President Barack Obama and Iran's President Hassan Rouhani, a pragmatist elected two years ago on a vow to reduce the diplomatic isolation of a country of 77 million people.
But both leaders face scepticism from powerful hardliners at home after decades of enmity between nations that referred to each other as "the Great Satan" and a member of the "axis of evil".
While the main negotiations were between the United States and Iran, the four other U.N. Security Council permanent members Britain, China, France and Russia are also parties to the deal, as is Germany.
"All the hard work has paid off and we sealed a deal. God bless our people," an Iranian diplomat told Reuters on condition of anonymity ahead of the official announcement. Israeli Prime Minister Benjamin Netanyahu called the deal "a bad mistake of historic proportions".
"Iran will get a jackpot, a cash bonanza of hundreds of billions of dollars, which will enable it to continue to pursue its aggression and terror in the region and in the world," he said. "Iran is going to receive a sure path to nuclear weapons."
Israeli Deputy Foreign Minister Tzipi Hotovely called the deal an "historic surrender". She said on Twitter that Israel would "act with all means to try and stop the agreement being ratified", a clear threat to try to use its influence to block it in the Republican-controlled U.S. Congress.
Congress has 60 days to review the deal, and if it votes to disapprove of it, Obama can veto the rejection.
Iran nuclear deal shakes Middle East media:
