SBS News In Depth

Australia’s sharemarket climbed to a six-week high ahead of key inflation data, with Todd Hoare from LGT Wealth Management unpacking the day’s market moves and why China’s growing influence in artificial intelligence is capturing investors’ attention. Plus, Stephanie Youssef speaks with Professor Damien Manuel from the Deakin Centre for Cyber Security Research and Innovation about Origin Energy’s cyber security breach, which has exposed the data of around 900,000 current and former customers, and what it means for those affected.

Prime Minister Anthony Albanese has announced a joint plan with West Australia's government to fund a new study into large-scale oil refinery. The refinery is aimed at protecting the country's economy from further global energy shocks. If the refinery goes ahead, it would be the first new large-scale petrol refinery built in Australia since the 1960s. This comes as the cut in fuel excise is due to expire by the end of the week

Ben Carroll has been sworn in as Victorian Premier, replacing Jacinta Allan after she lost support from the Labor caucus. He was challenged by Attorney General Sonya Kilkenny in a tense and chaotic caucus meeting on Tuesday morning, before ultimately being elected unopposed. Transport Minister Gabrielle Williams will serve as his deputy ahead of the state election in November.

The United States and Iran have paused missile strikes, but the wider Middle East remains gripped by conflict. As mediators urge Washington and Tehran to return to diplomacy, the international community has raised concerns over regional security, energy supplies and the humanitarian cost of war.

The Australian sharemarket has climbed to a six-week high as easing oil prices lifted investor confidence, with technology stocks and the banks leading the gains. With inflation data due on Wednesday and reporting season set to begin with Rio Tinto, SBS Finance Editor Ricardo Gonçalves speaks with Jacki Neumann from Sharesies about why investors should brace for a volatile earnings season, including the growing influence of algorithmic trading.