SBS News In Depth Folgen

The Australian sharemarket has closed flat after opening higher, as strong gains in healthcare and materials were offset by a second straight day sell-off in bank shares, seeing investors moving towards the miners. For more, Stephanie Youssef spoke with Todd Hoare, the chief investment officer at LGT Crestone. Plus, the Reserve Bank has revealed its reasoning behind its decision to keep interest rates on hold at July’s board meeting, saying lowering them wouldn’t have been consistent with its strategy of easing monetary policy in a “cautious” approach. Independent economist Chris Richardson says it means an August rate cut is likely.

Despite Australia's retirement age now being 67, workers aged 51 to 55 are often considered to be older workers during hiring processes. The finding comes in new research from the Australian H-R Institute and the Australian Human Rights Commission. But it isn't news for workers in this age group, as several previous studies already found people in their 50s face age discrimination at work. So why is it so difficult to challenge discrimination against old age in the workforce?

A Bangladeshi military aircraft has crashed into a college and school campus in the capital Dhaka, killing at least 20 people in the country's worst aviation disaster in decades. A day of national mourning has been declared as the cause of the aircraft's mechanical failure remains under investigation.