SBS News In Depth

A major shake-up to how Australians pay is on the way, with the Reserve Bank moving to scrap $1.6 billion in card surcharges and shift costs into upfront pricing. In this episode of SBS On the Money, Ricardo Gonçalves breaks down what it means for households and businesses, with insights from Finder’s Graham Cooke, while Chris Brycki from Stockspot unpacks a rebound on the ASX after a volatile March that delivered the market’s worst monthly result since 2022.

A trailblazer of Australia's arts and cultural landscape, Aunty Rhoda Roberts has been laid to rest on Country in her hometown of Lismore. Hundreds gathered to honour a life dedicated to the arts and elevating Indigenous voices.

Australia's eSafety Commissioner says five social media platforms are under investigation for potentially failing to comply with the social media ban for under 16s. Users aged under 16 have been banned from social media since December 10th and social media companies who fail to take reasonable steps to comply face fines of up to $49.5 million.

US President Donald Trump says the regime change in Iran has been achieved, as more US troops arrive in the region. But Prime Minister Anthony Albanese is urging an end point to the conflict, warning of a growing global economic damage.

Energy supply disruptions caused by the war in Iran have slowed the global economy, pushing countries to applying energy-saving measures and explore alternative supply channels. Here in Australia, the government's halved fuel excise, some states are offering free public transport. Last week, International Energy Agency Executive Director Fatih Birol told the National Press Club in Sydney it made sense for people to work from home and avoid air travel. Asia is at the frontline of the fuel crisis, buying more than 80% of the crude that transits the Strait of Hormuz - and Australia's fuel supply largely comes from Asian refineries. So is the fuel crisis going to see governments bringing in COVID-style measures? Maybe not, but senior crude oil analyst at KPLER (kaypler) Data and Intelligence Naveen Das tells the Reuters news agency that just like during the COVID pandemic, the demand for oil will be, in his word, destroyed.