SBS News In Depth

Opposition leader Angus Taylor has outlined the Coalition's new hardline immigration policy. The plan has drawn widespread criticism and strong condemnation from critics, including Labor and human rights groups.

The ASX edges higher despite fresh warnings from corporate Australia, with Qantas and Westpac flagging the financial impact of the Middle East conflict as cost pressures build. Ricardo Gonçalves unpacks the latest market moves and what they mean for inflation and interest rates, speaking with NAB Chief Economist Sally Auld and LGT Wealth Management CIO Scott Haslem, while new data reveals rental stress has hit record levels. Cotality’s Head of Research Gerard Burg joins to explain why Australians are now spending more than ever on housing and what’s driving the shortage.

Australian consumers will be paying a temporary fuel surcharge for their Uber trips if they choose to ride in a petrol or hybrid car. The new measure will begin from Wednesday, and end on June 8. It comes at a time when the transport sector is introducing fee adjustments to cope with the ongoing fuel crisis.

Hungarian voters continue to celebrate after ousting Prime Minister Viktor Orbán after 16 years in power. The election result was a rejection of his authoritarian, far-right agenda in favour of pro-European challenger Peter Magyar. But for the new leader, the coming months won't be easy.

A US naval blockade on all maritime traffic through Iranian ports in the Strait of Hormuz has come into effect, after a deadline passed for a ceasefire deal and reopening of the passage. US President Donald Trump says any Iranian ships that challenge the blockade will be sunk, as Iran blames excessive demands from the U-S for stalling a resolution to the conflict.