The Australian sharemarket bounced back from a seven-week low as easing tensions in the Middle East lifted investor confidence, with the ASX200 rising 1.2 per cent. Ricardo Gonçalves speaks with Westpac Senior Economist Matthew Hassan about why Australians remain deeply pessimistic despite a slight lift in consumer sentiment, as the Reserve Bank warns businesses are preparing further price hikes and workers push for higher wages. Plus, Michael Jenneke from UBS Global Wealth Management breaks down the day’s market action, including gains for supermarkets, banks and telcos, while energy stocks slipped as oil prices eased.
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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 19.05.2026RBA warns of future business price hikes as ASX rebounds from seven week low
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Folge vom 19.05.2026Millions across Australia celebrating annual National Volunteer WeekMillions of volunteers across Australia are celebrating the annual National Volunteer Week this week, sharing their joy of contributing back to their own communities. The theme for the National Volunteer Week this year is 'Your Year to Volunteer', honouring the contributions of volunteers and calling for more to join volunteering.
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Folge vom 19.05.2026US holds off planned Iran attack as nations resume talksUnited States President Donald Trump says he has held off on an attack on Iran that was planned for today after Gulf countries' request. But President Trump says the U-S military is still prepared to go forward with a full, large scale assault on Iran if no deal is reached.
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Folge vom 19.05.2026'Nightmare scenario': inquiry lays bare the impact of illegal tobacco tradeA coalition of health organisations says tobacco companies are exploiting concerns about the illicit cigarette trade to undo decades of smoking control policies and push for tax cuts. The health organisations say they are particularly concerned by reports MPs heard evidence from tobacco giant Philip Morris in secret.