SBS News In Depth

Following Thursday’s $45 billion wipeout, the S&P/ASX 200 has finished the week 1.62 per cent higher following reports that US and Iranian negotiators have reached a tentative deal to extend the ceasefire by 60 days. As a result, oil prices fell sharply while gold and silver rose. For more, Stephanie Youssef spoke with Opal Capital Management Chief Investment Officer Omkar Joshi. Also, the combined wealth of Australia's 200 richest people has surged to more than $700 billion, with mining magnate Gina Rinehart once again leading the Australian Financial Review’s 2026 Rich List. For more, Stephanie Youssef spoke with AFR’s Rich List Deputy Editor Hannah Tattersall.

New revelations highlight the extent of hardship being felt by temporary migrants in Australia, sparking a renewed push for the Federal Government support.

A new World Meteorological Organisation report has found the odds are high that the next five years will smash global heat records.The new United Nations climate projections forecast a high likelihood of more speeded-up warming through 2030, with Earth smashing its record for the hottest year and regularly surging past the international climate limit set as safe in 2015.

Community led events are being held across the country to mark National Reconciliation Week, which runs from May 27 to Jun 03. This year's theme is 'All In' - a call for all Australians to commit wholeheartedly to reconciliation, and to advancing Aboriginal and Torres Strait Islander people's rights.

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