SBS News In Depth

The Australian sharemarket finished flat ahead of key economic data this week, including GDP figures and US jobs numbers. Ricardo Gonçalves speaks with Elio D’Amato from EnviroInvest about the day’s market moves, rising oil prices and BHP’s record high. Plus, Kelly Power, CEO of CFS Superannuation, explains why Australians now believe they need more than $1 million to retire comfortably and why many expect to work longer before leaving the workforce. Also, housing expert Tim Lawless warns national property prices could begin falling from next month as higher interest rates, a slowing economy and policy changes start to weigh on the market.

This is SBS News’ World Cup Daily, The 90+ Podcast, where we bring you stories on and beyond the pitch, and I'm your host Haylena Krishnamoorthy. From unforgettable moments, key and emerging players, as well as match controversies, we’ll bring you the biggest talking points each day of the FIFA Men’s World Cup 2026. Throughout the matches, you’ll hear perspectives from experts and fans, and take a deeper dive into the matches set to be watched by billions. Today we’ll be looking at Popovic's big calls as he reveals the Socceroos' squad, and the inclusion of Cristian Volpato and Tete Yengi.

The cost of buying a home in Australia's two biggest cities has dropped, according to the latest figures from research agency Cotality. Dwelling values fell 0.9 per cent in Sydney and 0.8 per cent in Melbourne during May. There was also a drop in the ACT, of 0.2 per cent. While prices rose in other state and territory capitals, the growth was weaker than previously seen.

The Deputy Prime Minister has announced a significant shift in the AUKUS deal, with Australia to purchase three second hand nuclear submarines and move to focus on new unmanned underwater drones. The shift comes amid doubts over US capability to produce enough new vessels, prompting concerns that Australia will receive less capable and shorter lasting submarines.

Despite weeks of diplomacy and repeated claims a broader agreement is close, conflict continues across the Middle East. Israeli forces have expanded operations in Lebanon, civilians have again been killed in Gaza, and uncertainty remains over negotiations between Iran and the United States.