Prime Minister Anthony Albanese's national address on the country's struggling economy, driven by the global energy crisis has received both backlash as well as support. As the nation grapples with what the Prime Minister refers to as the biggest rise in petrol and diesel prices in history, Australia will be joining other world leaders for talks on reopening the Strait of Hormuz.
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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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Folge vom 02.04.2026Backlash and support for Albanese's national address
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Folge vom 02.04.2026INTERVIEW: PNG's Foreign Minister on his country's approach to the fuel crisisAs the fuel crisis deepens, concern is growing for the Pacific's island nations, many of who have heavy reliance on oil supplies. Questions are being asked about how Australia could help as they begin to feel the pinch of the fuel crisis. Papua New Guinea's foreign minister Justin Tkatchenko spoke to SBS Chief political correspondent Anna Henderson about PNG's supplies - but says he won't rule out receiving support from security partners if needed, including China.
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Folge vom 01.04.2026PM calls on Australians to help each other and help the countryPrime Minister Anthony Albanese has delivered his first National Address since being elected in 2022, calling on Australians to remain calm amid the ongoing fuel crisis. The Prime Minister acknowledged the impacts the war in the Middle East is having on rising petrol and diesel prices, and says farmers, truck drivers, small businesses and families are especially vulnerable to rising costs. He's urged Australians not to take more fuel than is needed, and to use public transport wherever possible to keep fuel available where it's needed most. SBS World News host Janice Petersen speaks afterwards to Chief Political Correspondent Anna Henderson for more on what it means.
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Folge vom 01.04.2026ASX adds $68bn as rate rises hit Sydney and Melbourne property pricesThe ASX 200 rebounds strongly after its worst month in four years, adding nearly $70 billion in value as hopes grow for an easing in global tensions, with insights from Matt Sherwood at Perpetual. At the same time, rising interest rates are beginning to weigh on the housing market, with Sydney and Melbourne recording declines even as national prices edge higher. Stephanie Youseff speaks with Tim Lawless from Cotality to unpack what’s driving the shift and whether a broader downturn is emerging, alongside the key consumer finance and market stories shaping the day.