Trump administration abandons $1.8 billion fund to compensate supporters

Why super funds are looking overseas for strong returns as ETF listings hit a record

Australian shares ended the day little changed, but there is plenty happening beneath the surface. AMP Chief Investment Officer Anna Shelley explains why many superannuation funds delivered double-digit returns last financial year, the role global markets including South Korea played, and whether recent volatility could reshape investment strategies. Plus, Rory Cunningham from the ASX unpacks the record boom in exchange traded funds and why more Australians are investing through ETFs, before Chris Weston from Pepperstone wraps up the day's market action and the forces driving the Australian sharemarket.

World Cup: Kane rescues England; Belgium win on penalty; controversial red card for USA

Harry Kane gets England through to the FIFA World Cup 2026™ Round of 16, as they come from behind with a 2-1 win over DR Congo. Belgium pulls through with a controversial VAR penalty, and scores deep into stoppage time to beat Senegal 3-2. The United States have advanced to the World Cup Round of 16, after sealing a 2-nil victory against Bosnia and Herzegovina. Folarin Balogun scores the opening goal, just before half time, before being sent off with a red card in the second half. Join your host Haylena Krishnamoorthy for this episode of World Cup Daily | The 90+ Podcast, as she breaks down today's results, and looks into Socceroos' latest talking points ahead of their match against Egypt this Saturday. 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: * Harry Kane gets England through to the FIFA World Cup 2026™ Round of 16, as they come from behind with a 2-1 win over DR Congo * Belgium pulls through with a controversial VAR penalty, and scores deep into stoppage time to beat Senegal 3-2 * The United States have advanced to the World Cup Round of 16, after sealing a 2-nil victory against Bosnia and Herzegovina * Folarin Balogun scores the opening goal, just before half time, before being sent off with a red card in the second half * Socceroos' latest talking points ahead of their match against Egypt 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 26 [https://www.sbs.com.au/sport/fifa-world-cup-2026/how-to-watch]ᵀᴹ [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].

Venezuela twin quake catastrophe, not-so-Strait shooting hinders US-Iran deal & Cuba opens up

Grief and anger mount in Venezuela after two huge earthquakes. SBS Correspondent Catalina Florez joins us from Caracas, where locals say the government is "nowhere to be seen". Plus, US and Iranian strikes resume, as a battle of wills over the Strait of Hormuz threatens to undo the ceasefire. Meanwhile, Cuba pushes through its biggest economic reforms since the communist revolution, and Batman Returns?! The caped crusader spotted in the most unlikely of places.

UN panel releases first report laying out benefits - and risks - of artificial intelligence

A major United Nations scientific panel has released its first global assessment on artificial intelligence. Its report has found artificial intelligence is advancing faster than governments and regulators can keep up. The experts also warn the technology poses growing risks - including cyber threats, disinformation and potentially catastrophic harm.

Home prices record biggest monthly fall in three years as shares start the new financial year weaker

The new financial year has begun with a weaker tone for investors, as the ASX 200 fell 0.6 per cent and Australia's housing market recorded its biggest monthly decline since June 2022. SBS On the Money examines what is driving the latest property data with Tim Lawless, Head of Research at Cotality, before unpacking the day's market moves, sector rotation and takeover speculation with Hebe Chen, Market Analyst at Vantage Australia.