RBA holds rates but keeps hike risk alive as ASX recovers late

RBA holds rates but keeps hike risk alive as ASX recovers late

The Reserve Bank has kept interest rates on hold at 4.35 per cent, but warns inflation is likely to remain elevated and has left the door open to further rate rises. SBS Finance Editor Ricardo Gonçalves speaks with Barrenjoey Chief Economist Jo Masters about the RBA’s decision and what it means for households, businesses and the economy. Plus, the Australian sharemarket recovered from early losses to finish flat after the central bank’s announcement. Stuart Roberts from Stocks Down Under breaks down the market reaction, the sectors driving gains and losses, and what he’s telling clients in the current investment environment.

Digitisation and AI being used to chart the world's plant and fungi population

More than 400 scientists in 40 countries have used digital tools to help identify plants and fungi species, analyse historical specimens and detect changes linked to climate change. And while AI and the mass digitisation are changing how scientists track biodiversity, major gaps in global data mean only a small percentage of plants and fungi have been identified.

Historic day of draws: Cabo Verde stun Spain with draw, Iran ties with New Zealand in US

Cape Verde surprises Spain with a draw in their FIFA World Cup 2026™ debut; Belgium and Egypt drew 1-1 with Romelo Lukaku's electric entrance on substitute. Meanwhile, Uruguay scores their late equaliser, securing a 1-1 draw with Saudi Arabia; and Iran settles for a 2-2 draw against New Zealand in US, amid peace deal. Join your host Haylena Krishnamoorthy for this episode of World Cup Daily | The 90+ Podcast, as she wraps up day five of the World Cup. Will Spain remain as one of the biggest favourites to lift the trophy? What can we expect from Cape Verde in the upcoming matches? And will Iran continue this momentum in their next match against Egypt? World Cup Daily | The 90+ Podcast is SBS's daily FIFA World Cup 2026™ podcast covering the biggest stories on and beyond the pitch. In this episode: * Cape Verde surprises Spain with a draw in their FIFA World Cup 2026™ debut * Belgium and Egypt drew 1-1 with Romelo Lukaku's electric entrance on substitute * Uruguay scores their late equaliser, securing a 1-1 draw with Saudi Arabia * Iran settles for a 2-2 draw against New Zealand in US, amid peace deal  From unforgettable moments, match highlights, emerging stars, FIFA politics, major controversies and the stories shaping the tournament, The 90+ brings you the key talking points from the FIFA World Cup 2026™ every day. For more on this series, follow The 90+ Podcast [https://www.sbs.com.au/news/podcast/world-cup-daily-the-90-podcast]. Get daily updates on the SBS News website [https://www.sbs.com.au/news] and follow SBS Sport on YouTube [https://www.youtube.com/sbssportau], TikTok [https://www.tiktok.com/@sbssportau], X [https://x.com/SBSSportau], Instagram [https://www.instagram.com/sbssportau] and Facebook [https://www.facebook.com/sbssportau/] for all the latest from the FIFA World Cup 2026™. The FIFA World Cup 26ᵀᴹ [https://www.sbs.com.au/sport/fifa-world-cup-2026/how-to-watch] kicks off on June 12 (AEST) - with coverage starting for the tournament opener between Mexico and South Africa from 4am (AEST) - and will be an exclusive broadcast on SBS in Australia. You can watch all 104 matches of the FIFA World Cup 2026™ live, free and exclusive on SBS [https://www.sbs.com.au/sport/fifa-world-cup-2026], SBS VICELAND and SBS On Demand [https://www.sbs.com.au/ondemand/fifa-world-cup-2026].

Socceroos dominate national headlines, Curaçao scores its first ever World Cup goal

Australia continues to celebrate Socceroos impactful debut at the FIFA World Cup 2026™. Curaçao scores its first ever World Cup goal in their match with Germany; Japan came from behind twice to draw 2-2 with Netherlands; Ivory Coast had a late win against Ecuador after Amad Diallo scored at 90th minute; Sweden wins 5-1 against Tunisia in their opening match. Join your host Haylena Krishnamoorthy for this episode of World Cup Daily | The 90+ Podcast, as she wraps up day four of the World Cup. Will Australia be able to keep up its momentum against USA this weekend? And will the US-Iran peace deal announced today bring a sense of calm ahead of Iran’s opener against New Zealand tomorrow? World Cup Daily | The 90+ Podcast is SBS's daily FIFA World Cup 2026™ podcast covering the biggest stories on and beyond the pitch. In this episode: · Australia continues to celebrate Socceroos impactful debut FIFA World Cup 2026™ · Curaçao scores its first ever World Cup goal in their match with Germany · Japan came from behind twice to draw 2-2 with Netherlands · Ivory Coast had a late win against Ecuador after Amad Diallo scored at 90th minute · Sweden wins 5-1 against Tunisia in their opening match From unforgettable moments, match highlights, emerging stars, FIFA politics, major controversies and the stories shaping the tournament, The 90+ brings you the key talking points from the FIFA World Cup 2026™ every day. For more on this series, follow The 90+ Podcast [https://www.sbs.com.au/news/podcast/world-cup-daily-the-90-podcast]. Get daily updates on the SBS News website [https://www.sbs.com.au/news] and follow SBS Sport on YouTube [https://www.youtube.com/sbssportau], TikTok [https://www.tiktok.com/@sbssportau], X [https://x.com/SBSSportau], Instagram [https://www.instagram.com/sbssportau] and Facebook [https://www.facebook.com/sbssportau/] for all the latest from the FIFA World Cup 2026™. The FIFA World Cup 26ᵀᴹ [https://www.sbs.com.au/sport/fifa-world-cup-2026/how-to-watch] kicks off on June 12 (AEST) - with coverage starting for the tournament opener between Mexico and South Africa from 4am (AEST) - and will be an exclusive broadcast on SBS in Australia. You can watch all 104 matches of the FIFA World Cup 2026™ live, free and exclusive on SBS [https://www.sbs.com.au/sport/fifa-world-cup-2026], SBS VICELAND and SBS On Demand [https://www.sbs.com.au/ondemand/fifa-world-cup-2026].

How secure is the peace deal between the US and Iran?

The United Nations has welcomed the peace deal between the U-S and Iran, acknowledging that the agreement represents a critical step towards the peaceful settlement of the conflict. But Israeli Prime Minister Benjamin Netanyahu has distanced his government from the peace deal, saying he respects the decision but will continue to protect his own country's interests by taking action against Hezbollah in Lebanon. The peace deal depends on a ceasefire on all fronts of the war - which includes Lebanon. So how secure is the deal?