SBS News In Depth

SBS Finance Editor Ricardo Gonçalves speaks with Nick Stenner from Bank of America; Alice Shen from VanEck; and Sally Tindall from Canstar to find out why the RBA lifted interest rates, how the market reacted and what it means for borrowers.

The Reserve Bank has hiked interest rates by 25 basis points to 4.1 per cent. It's the second rise in a row - and there could be more to come.

A Melbourne mother stranded in Lebanon with her children is pleading for help to return to Australia as war rages around them. Iman Nayef travelled to southern Lebanon to visit relatives, arriving just one day before the conflict began. Now trapped as Israeli strikes and Hezbollah rocket fire intensify, she says her children are terrified as explosions echo non-stop.

Rental affordability has hit a new low in Australia - but a European city boasts a century-old social housing model, which houses about 50 per cent of its population. With low rental costs and rolling leases, it's led some to refer to it as a 'renter's utopia'.

Global oil prices have increased by 40 to 50 percent as Iran attacks shipping in the Strait of Hormuz. President Donald Trump says the United States is negotiating with countries heavily reliant on Middle East oil, after he demanded several nations send warships to re-open the Strait of Hormuz. But European allies have so far proved resistant to President Trump's request.