SBS News In Depth Folgen

New South Wales and the Commonwealth Government have agreed to provide a $2.5 billion bail out for the Tomago Aluminium Smelter over ten years. The smelter consumes around 10 per cent of power supplies in New South Wales, and had been facing closure due to rising energy costs.New South Wales and the Commonwealth Government have agreed to provide a $2.5 billion bail out for the Tomago Aluminium Smelter over ten years.The smelter consumes around 10 per cent of power supplies in New South Wales, and had been facing closure due to rising energy costs.Energy Minister Chris Bowen says the bail out will support new renewable generation, and enhance the security of the state's grid.Tomago Aluminium has agreed to invest an additional $1.1 billion.

Australia's biggest home lender, Commonwealth Bank, has beaten forecasts with a near $11 billion dollar annual profit. At the same time it warns of how cost-of-living pressures, a slowing Australian economy and global uncertainties are starting to show up in its loan book. Stephanie Youssef speaks to Francesco De Stradis, Investment Advisor at Ord Minnett.

The 2026 Census is over and a record number of Australians completed the survey online. While millions completed the form early, the Australian Bureau of Statistics says anyone yet to do the survey will be followed up this week.