The Australian Government is imposing targeted financial sanctions and travel bans on five Iranian individuals contributing to Iran's missile program.
Iran's missile program poses a material threat to regional and international security.
Iran's 1 October launch of over 180 ballistic missiles against Israel was a dangerous escalation that increased the risk of a wider regional war.
Iran's proxies continue to launch daily attacks across the region, using missiles and other military equipment provided by Iran. Iran's delivery of ballistic missiles to Russia last month to aid its war against Ukraine further demonstrates Iran's destabilising role.
Today's sanctions target two Directors and a senior official in Iran's Aerospace Industries Organization, the Director of the Shahid Bagheri Industrial Group, and the Commercial Director of the Shahid Hemmat Industrial Group.
With these listings, the Albanese Government has now sanctioned 200 Iran-linked individuals and entities across multiple sanctions frameworks, including almost 100 individuals and entities with links to the Islamic Revolutionary Guard Corps.
These sanctions are being imposed alongside those of international partners, including the United States and United Kingdom.
Australia will continue to hold Iran to account for its reckless and destabilising actions.