SBS News In Depth

Around three million low-paid Australian workers are set to receive a pay rise after the Fair Work Commission lifted the national minimum wage and increased award wages above the current inflation rate. Ricardo Gonçalves speaks with Commonwealth Bank economist Harry Ottley about what the decision means for household budgets, inflation and the broader economy. Plus, the ASX 200 edged lower as retailers and shopping centre operators came under pressure following the wage decision, while technology stocks rallied and BHP hit another record high. Alice Shen, CFA from VanEck joins the podcast to unpack the day’s market moves and the influence of another strong session on Wall Street

Millions of Australian employees are set to receive a 4.75 per cent wage increase in July, after the Fair Work Commission handed down its annual wage review. Union groups have welcomed the figure, saying it will allow workers to get back on their feet. Business groups, on the other hand, say the move will worsen inflation and put too much pressure on businesses.

Lebanon says Hezbollah has accepted a US-backed proposal for a reciprocal halt to attacks with Israel, as the UN and world powers voice alarm over Israeli strikes in densely populated Beirut suburbs. The United Nations Security Council has held an emergency meeting over the escalation of Israel's military campaign in Lebanon, a day before Lebanon and Israel are to begin a fourth round of US-hosted direct negotiations.

The Australian sharemarket finished flat ahead of key economic data this week, including GDP figures and US jobs numbers. Ricardo Gonçalves speaks with Elio D’Amato from EnviroInvest about the day’s market moves, rising oil prices and BHP’s record high. Plus, Kelly Power, CEO of CFS Superannuation, explains why Australians now believe they need more than $1 million to retire comfortably and why many expect to work longer before leaving the workforce. Also, housing expert Tim Lawless warns national property prices could begin falling from next month as higher interest rates, a slowing economy and policy changes start to weigh on the market.

Tony Popovic has named his 26-player Socceroos squad for the FIFA World Cup 2026™ — and there are some big surprises. Join your host Haylena Krishnamoorthy for this episode of World Cup Daily | The 90+ Podcast, which breaks down the squad, the notable omissions and the selections that could define Australia's World Cup campaign. Why did Cristian Volpato make the cut after previously turning down the Socceroos? What does the inclusion of striker Tete Yengi say about Popovic's plans? And can this young Australian side make it beyond the FIFA World Cup 2026™ group stage?

World Cup Daily | The 90+ Podcast is SBS's daily FIFA World Cup 2026™ podcast covering the biggest stories on and beyond the pitch.

In this episode:
Surprises and notable omissions as Tony Popovic names his 26-player Socceroos squad for the FIFA World Cup 2026™
Could Cristian Volpato and Tete Yengi be key to Australia's World Cup campaign?
Can this youth-focused Socceroos squad reach the FIFA World Cup knockout stage?
From unforgettable moments, match highlights, emerging stars, FIFA politics, major controversies and the stories shaping the tournament, The 90+ brings you the key talking points from the FIFA World Cup 2026™ every day.

For more on this series, follow The 90+ Podcast.

Get daily updates on the SBS News website and follow SBS Sport on YouTube, TikTok, X, Instagram and Facebook for all the latest from the FIFA World Cup 2026™.

The FIFA World Cup 26ᵀᴹ kicks off on June 12 (AEST) - with coverage starting for the tournament opener between Mexico and South Africa from 4am (AEST) - and will be an exclusive broadcast on SBS in Australia.

You can watch all 104 matches of the FIFA World Cup 2026™ live, free and exclusive on SBS, SBS VICELAND and SBS On Demand.