SBS News In Depth

SBS Finance Editor Ricardo Gonçalves speaks with Ben Clark from TMS Private Wealth about the day's market action including a software sell-off in the US which is trickling to Australia, plus what the fall in the bitcoin price says about the economic and investment environment.

A psychiatrist who treated the Westfield Bondi Junction attacker has been referred for review by the coroner investigating the mass killing in 2024. New South Wales State Coroner Teresa O'Sullivan criticised the care of Joel Cauchi's former psychiatrist for failing to adequately respond to a schizophrenia relapse in the years before the mass stabbing, which saw six people killed and 10 injured. She has made 23 recommendations, including a call for the Health Ombudsman of Queensland to review the psychiatrist's care and treatment of Joel Cauchi.

A National Commissioner for Aboriginal and Torres Strait Islander children is being established, a move hailed by advocates as a milestone for independent accountability in closing the gap for youth justice and welfare. However, critics like Senator Lidia Thorpe warn that without federal power to penalise states or compel compliance, the role risks becoming a matter of optics over tangible safety.

Democracy and the rules-based international order are under threat, according to the latest annual report by Human Rights Watch. There's a particular focus on the United States and what the international body describes as its erosion of human rights, but there is also a spotlight on Australia. Australia's immigration and youth detention policies are listed as 'significant failings', cited as the only Western democracy without a national human rights act.

Almost 99 per cent of Australians diagnosed with cancer incur out-of-pocket expenses, even when accessing public care. That's the shocking finding from the Cancer Council Australia’s latest national survey, which suggests the financial burden arises from both direct medical costs and indirect expenses at every stage of the cancer journey. The cost of accessing care and treatment hits First Nations communities especially hard, with Indigenous Australians ultimately facing a higher mortality rate for blood cancer.