Australians love drinking coffee, with more than 6 billion cups consumed each year. However a global shortage means the price of coffee beans has soared, so that morning brew could soon cost $10.
SBS Finance Editor Ricardo Gonçalves speaks with Zoran Kresovic from Blueberry to find out what's driving the sharemarket's recent run.
In this episode: President Trump’s tour of the Middle East sees key deals signed and sanctions rolled back - what does it mean for the region? Plus, Prime Minister Albanese’s diplomatic balancing act with Indonesia’s leader, what the results of the Philippines midterms mean for two political dynasties, the latest on Ukraine peace negotiations, and how a used tissue became a tool of wartime propaganda.
Spoiler alert: This story includes the outcome of Australia's performance in the second semi-final of Eurovision 2025. The broadcast will be replayed on SBS and SBS on Demand on Saturday 17 May at 7:30pm AEST.
A pair of British researchers are preparing to travel to the US to see the Magna Carta held by Harvard University, after discovering it is an authentic original version of the document. The medieval history experts say they consider their find to be ironic.
A bill to improve access to abortions in regional New South Wales has been approved in the state's Parliament, amid passionate debate. The legislation, tabled by Greens MP Amanda Cohn, was introduced after revelations a woman was turned away from having an abortion on the day of her planned procedure at Queanbeyan Hospital in August 2024.
Larissa Waters has become the leader of the Australian Greens after Adam Bandt lost his seat at the federal election. She was an environmental lawyer in Queensland before entering the Senate in 2011. Mehreen Faruqi has been re-elected as the deputy leader.
Prime Minister Anthony Albanese has arrived in Jakarta, commencing a three-day visit to Indonesia, his first overseas trip since securing a decisive re-election earlier this month. It’s become customary for new Australian prime ministers to prioritise a visit to Indonesia, reinforcing ties with key regional partners.
SBS Finance Editor Ricardo Gonçalves speaks with HSBC Chief Economist Paul Bloxham to find out if Australia's tight labour market will impact the RBA's interest rate decision next week, plus a check on global markets with Elizabeth Tien from Citi.
United States President Donald Trump has continued his diplomatic trip through the Middle East with a visit to Qatar. President Trump secured a number of commercial and military agreements with the Qataris in an ongoing effort to strengthen the U-S relationships with Persian Gulf states.
Australia’s Eurovision hopeful GoJo is taking to the Basel stage for the competition’s second-semi final. Also performing is Israel’s Yuval Raphael, who says she is mentally prepared to be be boo-ed in the arena, amid protests over her country’s actions in Gaza.
The Trump administration has welcomed a group of white South Africans to the US, granting them refugee status after deeming them to be victims of racial discrimination. The move has drawn strong criticism from refugee advocates and a range of figures in South Africa, who say the claims are not true.
The coalition's position on net-zero policies and nuclear power have been put under review. Has a bruising defeat brought the climate wars back?
With the first woman leading the Liberals in the party's history, they will be looking to bolster their female voting base after a crushing election defeat. However, experts say a woman leading the party may not be enough to encourage women to turn back to the Liberals.
United States President Donald Trump has moved to strengthen the US relationship with Saudi Arabia and remove tariffs from Syria in his first major trip abroad since returning to the presidency. Mr Trump began his four-day visit to the Middle East with a trip to the Saudi capital Riyadh.
The 1948 Arab-Israeli conflict is a pivotal moment in the timeline of an ongoing conflict between Israel and Palestine. While the conflict then lasted less than a year, it led to the mass displacement of hundreds of thousands of Palestinians. At the same time, it marked the declaration of the state of Israel.
Markets in the US and Europe have rallied off the back of trade tensions easing between China and the US. On Wall Street, the S&P surged more than 3 per cent, while the Nasdaq catapulted 4.4 per cent higher.
Following a four-decade-long conflict, the Kurdistan Workers Party or PKK has disbanded in Turkey, bringing hopes the country could enter a new peaceful era. However, experts say peace is not guaranteed and complex regional conflicts could now intensify.
SBS Finance Editor Ricardo Gonçalves speaks with Kai Chen from MPC Markets as shares rally following a reprieve in US-China tariffs and finds out what level of uncertainty exists, plus Matthew Hassan from Westpac goes through the lasted Consumer Sentiment report to explain what it means for the Reserve Bank's interest rate meeting next week.
Sussan Ley has been elected as the leader of the Liberal Party. But there are concerns she's on a 'glass cliff', as the first female leader chosen at a time the party is in crisis.
An Israeli-American hostage, who was serving in the Israeli army when he was captured, has been released by Hamas.The International Committee of the Red Cross facilitated the transfer of 21-year-old Edan Alexander after 19 months of captivity. Meanwhile, the United Nations has issued a stark warning of imminent famine in Gaza as Israel's blockade of food and other aid extends into its third month.
National Palliative Care Week is in its 30th year, and this years theme is - What's your plan? It encourages people to speak with their loved ones about what matters most at the end of their life, including discussing and implementing culturally appropriate customs and traditions related to death and dying.
The presidents of Ukraine and Russia could meet face-to-face in Türkiye this week.It comes as global leaders continue to push for peace between the two nations.
SBS Finance Editor Ricardo Gonçalves speaks with QUT Professor Gary Mortimer to find out if a supermarket price war is on the horizon after Woolworths said it was cutting prices on 400 everyday items by around 10 per cent, plus Nick Schoenmaker from Drummond Capital Partners looks at the day's market moves including talk of a US-China trade deal.
Tanya Plibersek has been demoted to Social Services Minister, as Anthony Albanese reveals his second term ministry.
The United States and China say they have struck a bilateral trade deal.It follows a lengthy meeting in Switzerland amid an escalating trade war between two of the world's largest economies.
It’s a career built on care, but for some, the journey to becoming a nurse in Australia is anything but easy. May 12 is International Nurses Day, marking the birthday of Florence Nightingale, who founded modern nursing and is remembered for her bravery treating wounded soldiers during the Crimean War. It’s a day to honour compassion, commitment and courage—qualities shared by the woman you’re about to meet, who overcame a difficult childhood in Iran to build a new life here.
Former Labor cabinet minister Ed Husic has told SBS News he believes the government should be pushing for Palestinian statehood by June.
Demoted cabinet minister Ed Husic has criticised the Labor Party leadership, as the frontbench of the re-elected government is finalised. Mr Husic claims his stance on Gaza and Labor's factional competition contributed to his departure. Meanwhile, the Liberals leadership contest is also underway after a historic loss in the election.
India and Pakistan have agreed to a ceasefire as the region teeters on the brink of war. But hours after it was announced, both sides accused each other of violations.
