SBS News In Depth

Australia is facing a changing job landscape, with some of the country's biggest and well-known companies cutting back their workforce

Has AI changed the job landscape in Australia, or is changing consumer behaviour leaving hundreds of positions at stake?

In this episode:
Department store David Jones has entered voluntary administration
Technology company Canva is restructuring, affecting more than 1,200 jobs
The National Australian Bank - or NAB - plans to cut up to 2,500 jobs
Telstra announced proposed changes affecting hundreds of positions earlier this year
Changing consumer behaviour and the rise of ultra-cheap online shopping are some of the main contributing factors
Co-founder and Chief executive, Melanie Perkins of Canva says company's growth slowed for the first time in a decade
Economic Futurists Evan Lucas tells SBS 'On the Money' podcast AI is now coming home to roost
CEO Andrew Irvine says economic growth is slowing

The Queensland and the Northern Territory governments have blocked the UN Special Rapporteur on the Rights of Indigenous Peoples from from inspecting youth detention centres.

The Queensland and the Northern Territory governments are facing criticism after they blocked a key UN official from inspecting youth detention centres.

The UN Special Rapporteur on the Rights of Indigenous Peoples is visiting Australia to assess the country's human rights record.

The Federal Minister for Indigenous Australians, Malarndirri McCarthy, has urged states and territories to cooperate.

The actions by Queensland and the Northern Territory adds to concerns about the conditions children are being detained in.

In this episode:
The Minister for Indigenous Australians Malarndirri McCarthy supporting calls for UN Special Rapporteur on the Rights of Indigenous Peoples to visit NT and QLD youth detention centres
Criticism by human rights advocates, including Amnesty International Australia and the Human Rights Law Centre of the position by QLD and NT governments to block UN official
NT and QLD governments defend their stance to block visit

The ASX avoids the worst of a global sell-off, while Macquarie CEO Shemara Wikramanayake signs off after eight years.

Global sharemarkets have plunged following the US midterm elections, with the Dow Jones falling 3.5 per cent and the Nasdaq sliding 5.5 per cent into correction territory. But Australia's ASX 200 has held up comparatively well.

SBS Finance Editor Ricardo Gonçalves speaks with Omkar Joshi, Chief Investment Officer at Opal Capital Management, about what's driving the sell-off, concerns surrounding AI valuations and where investors might find opportunities.

Plus, Macquarie Group CEO Shemara Wikramanayake delivers her final financial results before stepping down after eight years at the helm and nearly 40 years with the bank. SBS's Tom Kennedy spoke with her at the bank's results briefing.

Why global sharemarkets have plunged following the US midterm elections.
How Australian shares managed to avoid the worst of the global sell-off.
Whether the AI investment boom is facing a major reality check.
What higher interest rates mean for investors and where opportunities may emerge.
Shemara Wikramanayake's final results and legacy at Macquarie Group.

At its heart, Diwali celebrates the triumph of light over darkness. Its when South Asian communities right around the world gather for gratitude, prayer, and hopes for health, happiness and prosperity for the year ahead.

At its heart, Diwali celebrates the triumph of light over darkness.

Its when South Asian communities right around the world gather for gratitude, prayer, and hopes for health, happiness and prosperity for the year ahead.

At a time when many feeling the pinch from rising interest rates and inflation these hopes for prosperity are particularly poignant

SBS Punjabi's Shyna Kalra spoke to the Federal minister for Multicultural Affairs, International Development and Small Business Anne Aly about Diwali, the recent uptick in violence towards politicians and the government's strategy to ease the pressure on small business.

In this episode:
the significance of Diwali as part of modern Australia,
the impact of recent interest rate rises on small businesses and the government's response
rising hostility towards politicians
the disproportionate impact on women in public office of targeted violence against politicians, and how she navigates these challenges.

Flight bomb threats and cyberattacks disrupt services across Europe as investigators work to identify those responsible.

Bomb threats diverted passenger flights across Europe while separate cyberattacks hit supermarket refrigeration systems and plasma-storage sites. As concerns grow about the security of everyday services, investigators are still trying to determine who was behind the incidents and whether they are connected.

In this episode:
Why dozens of passenger flights were diverted or escorted by fighter jets after bomb threats.
The hidden costs and operational chaos airlines face when responding to security alerts.
How cyberattacks disrupted refrigeration systems, affecting food supplies and critical medical storage.
What an ethical hacker says made the targeted systems vulnerable in the first place.
The unanswered questions about who was responsible and whether the incidents share a common link.