Prime Minister Anthony Albanese has announced a joint plan with West Australia's government to fund a new study into large-scale oil refinery. The refinery is aimed at protecting the country's economy from further global energy shocks. If the refinery goes ahead, it would be the first new large-scale petrol refinery built in Australia since the 1960s. This comes as the cut in fuel excise is due to expire by the end of the week
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SBS News in Depth is a news analysis podcast that goes behind the headlines to explain the stories shaping Australia and the world. In each episode, the SBS News team brings you reporting, analysis and interviews on politics, the economy, social issues and global affairs, helping you understand what's happening and why it matters. New episodes daily.
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Folge vom 28.07.2026Australia announces potential new oil refinery for the country, first since the 1960s
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Folge vom 28.07.2026Ben Carroll replaces Jacinta Allan in Victorian Labor spillBen Carroll has been sworn in as Victorian Premier, replacing Jacinta Allan after she lost support from the Labor caucus. He was challenged by Attorney General Sonya Kilkenny in a tense and chaotic caucus meeting on Tuesday morning, before ultimately being elected unopposed. Transport Minister Gabrielle Williams will serve as his deputy ahead of the state election in November.
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Folge vom 28.07.2026Iran, US give diplomacy a chance as strikes put on holdThe United States and Iran have paused missile strikes, but the wider Middle East remains gripped by conflict. As mediators urge Washington and Tehran to return to diplomacy, the international community has raised concerns over regional security, energy supplies and the humanitarian cost of war.
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Folge vom 27.07.2026How algorithms may sway reporting season share price reactionsThe Australian sharemarket has climbed to a six-week high as easing oil prices lifted investor confidence, with technology stocks and the banks leading the gains. With inflation data due on Wednesday and reporting season set to begin with Rio Tinto, SBS Finance Editor Ricardo Gonçalves speaks with Jacki Neumann from Sharesies about why investors should brace for a volatile earnings season, including the growing influence of algorithmic trading.