SBS News In Depth Folgen

The Australian sharemarket hit a record high for a second time in a week as the US and Australia strike a rare earths supply deal, but it was BHP that was a real stand out today. SBS Finance Editor Ricardo Gonçalves speaks with Catherine Allfrey from Wavestone Capital to find out if the sector is worth the hype and what else is driving investors.

In a historic meeting between Donald Trump and Anthony Albanese, the AUKUS agreement remained unchanged as the two leaders unveiled a multi-billion-dollar critical minerals deal to secure supply chains and reduce reliance on China. The agreement involves major US investment in Australian mining and processing projects, but has sparked criticism over fears it could give the US too much control over Australia’s resources and sovereignty.

A massive internet outage has taken out thousands of websites, apps and services globally. The technical fault originated with U-S data centres operated by Amazon Web Services, which controls 30 per cent of the world's cloud computing market that underpins web-based services like apps and websites.