SBS News In Depth

NAB says the cuts will simplify its operations, while promising no material impact to customer-facing banking roles.

NAB plans to cut about 2,500 jobs this financial year, including 1,500 before the end of December, as it reshapes its operations and focuses on growth and technology. The bank says customer-facing roles will not be materially affected. Its shares fell nearly 2 per cent as the broader sharemarket lost ground. SBS Finance Editor Ricardo Gonçalves speaks with Citi’s Elizabeth Tian about the market moves, including a lift in tech stocks.

In this episode

• NAB’s planned workforce cuts and the bank’s reasons for making them
• What NAB says the changes could mean for customer-facing roles
• Why the ASX200 fell 0.4 per cent, with miners leading the declines
• How global technology stocks performed across different markets

SBS On the Money is a daily finance podcast where SBS Finance Editor Ricardo Gonçalves unpacks the ASX, the economy and the latest market moves with leading analysts and executives.

Listen to more episodes of SBS On the Money, and follow the show on the SBS Audio app, Apple Podcasts, Spotify or wherever you get your podcasts.

For the latest news from Australia and around the world, visit SBS News and follow us on YouTube, TikTok, Instagram, Facebook and X.

The alleged attack on the independent MP has sparked a conversation about the threats politicians face and what it means for democracy.

For years, Australian politicians have warned about the threats, the abuse and the increasingly hostile atmosphere surrounding public life. As Helen Haines remains in a critical condition, and investigations into the motive are ongoing, experts and politicians say a greater level of civility is needed in public discourse.

In this episode:
The 1067 reports of harassing and threatening behaviour against various high office holders
Experts on the need for politicians to feel safe at work
ASIO warnings about the rising threat of politically motivated violence
Who is Dr Helen Haines?
Other Australian and international politicians who have faced threats
The questions that Australians are left with about their democracy.
SBS News in Depth is a news analysis podcast from SBS, going behind the headlines with reporting and interviews on the stories shaping Australia and the world.

Listen to more episodes of SBS News in Depth, and follow the show on the SBS Audio app, Apple Podcasts, Spotify or wherever you get your podcasts.

For the latest news from Australia and around the world, visit SBS News and follow us on YouTube, TikTok, Instagram, Facebook and X.

Independent MP Helen Haines is in a critical condition, after she was hit by a vehicle outside her electorate office in regional Victoria. Here's what you need to know.

In what's being described as a 'deliberate' attack, police say a 43-year-old man is in custody, and a joint taskforce is investigating what motivated the alleged attack. As the investigation continues, MPs from across the political spectrum continue to express their horror over the incident.

In this episode:
How the alleged attack unfolded.
What bystanders witnessed at the scene.
Locals who intervened to help.
What police and the Prime Minister Anthony Albanese have said about ongoing investigations into the alleged attack.
Reactions from the Coalition, Greens and One Nation.
How the Wangaratta community is feeling right now.
SBS News in Depth is a news analysis podcast from SBS, going behind the headlines with reporting and interviews on the stories shaping Australia and the world.

Listen to more episodes of SBS News in Depth, and follow the show on the SBS Audio app, Apple Podcasts, Spotify or wherever you get your podcasts.

For the latest news from Australia and around the world, visit SBS News and follow us on YouTube, TikTok, Instagram, Facebook and X.

Renewed fighting in Tigray raises fears of humanitarian catastrophe and a wider regional conflict in the Horn of Africa.

Fighting has resumed in northern Ethiopia, raising fears of a humanitarian crisis and wider regional conflict. This episode traces the history behind the renewed war, examines why a fragile peace collapsed, and explores the risks facing civilians in Tigray and beyond.

In this episode:
How the collapse of the Pretoria Agreement led to the return of conflict in northern Ethiopia.
The historical roots of tensions between the Ethiopian government and the TPLF.
Allegations of ongoing human rights abuses and the growing humanitarian crisis in Tigray.
Why disputes over territory, displacement and accountability remain unresolved years after the last war.
Fears that the conflict could spread beyond Tigray and draw more countries into an already volatile region.
SBS News in Depth is a news analysis podcast from SBS, going behind the headlines with reporting and interviews on the stories shaping Australia and the world.

Listen to more episodes of SBS News in Depth, and follow the show on the SBS Audio app, Apple Podcasts, Spotify or wherever you get your podcasts.

For the latest news from Australia and around the world, visit SBS News and follow us on YouTube, TikTok, Instagram, Facebook and X.

Grattan proposes a 15 per cent GST that includes food, with tax cuts and welfare payments to offset the cost.

The Grattan Institute says raising the GST from 10 to 15 per cent and extending it to food could help fund income tax cuts, welfare payments and state services. But both major parties have rejected the proposal, and concerns remain about its impact on households and inflation. SBS Finance Editor Ricardo Gonçalves speaks with Grattan Institute CEO Aruna Sathanapally, then examines the ASX’s rise, global tech selling and China’s growth with George Boubouras of K2 Asset Management.

In this episode:

• What a broader, higher GST could mean for household budgets, income tax and welfare payments

• Why the proposal faces political resistance, and the concerns about its impact on inflation

• What the ASX’s gains reveal as global technology stocks sell off and oil prices rise

• How stronger Chinese growth and unrest in France could affect investor sentiment and opportunities

SBS On the Money is a daily finance podcast where SBS Finance Editor Ricardo Gonçalves unpacks the ASX, the economy and the latest market moves with leading analysts and executives.

Listen to more episodes of SBS On the Money, and follow the show on the SBS Audio app, Apple Podcasts, Spotify or wherever you get your podcasts.

For the latest news from Australia and around the world, visit SBS News and follow us on YouTube, TikTok, Instagram, Facebook and X.