The ASX 200 slipped 0.5 per cent ahead of the Federal Budget as oil prices surged and investors weighed the prospect of tax reform. Banks were weaker across the board, while CSL plunged 16 per cent after cutting earnings expectations and flagging a major impairment.
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SBS News In Depth Folgen
Hear the story behind the headlines. In each episode, we’ll help you make sense of the news stories that matter to you from Australia and the world, with reports and interviews from the SBS News team.
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1871 Folgen
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Folge vom 11.05.2026Why CSL sank, and what the Federal Budget could mean for investors
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Folge vom 11.05.2026Trump says Iranian response totally unacceptableUnited States President, Donald Trump, has called Iran's response to a proposal to end the war totally unacceptable. The US proposal sought to end fighting before starting talks on more contentious issues, including Iran's nuclear program. Iranian state TV says that country's response focused on ending the war on all fronts, including Lebanon, and on the safety of shipping through the Strait of Hormuz, without indicating how or when the vital waterway might re-open.
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Folge vom 11.05.2026Eurovision returns for 2026 on SBSThe Eurovision Song Contest is back for another year and SBS is putting on its heels, dousing itself with sequins and glitter in anticipation of the broadcast. Australia's entry, Delta Goodrem, is ready to take to the Eurovision stage with her song Eclipse.
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Folge vom 11.05.2026Passengers on board hantavirus-hit ship return homeThe World Health Organisation says there is low risk to the public, after those on board the hantavirus-hit cruise ship disembarked in Tenerife. Passengers and crew aboard the ship are being repatriated to their home countries, with the W-H-O urging regular health monitoring and 42-day quarantine.