LATEST

Government Halves Fuel Excise for Three Months

The Prime Minister of Australia confirmed the fuel excise on petrol and diesel will be reduced by 50 per cent from April 1 to June 30 following a National Cabinet meeting, lowering fuel costs by 26.3 cents per litre.

Household Wealth Rises 2.5 Per Cent in December Quarter

Australian Bureau of Statistics data shows total household wealth increased by approximately $389 billion to $16.2 trillion in the December quarter 2025, driven by gains in residential property and superannuation assets.

◆ ASX 200 – Weekly Close

The ASX 200 closed the week up +1.04%, making YTD gains since Jan 1 down -2.42%, at 8516.30 it is currently trading -3.08% below its six-month end of week rolling average.

Australian-Assembled Boxer Vehicles Begin Production

Australian Defence Force Boxer Combat Reconnaissance Vehicles have commenced assembly at the Military Vehicle Centre of Excellence in Redbank, marking the initial delivery of locally integrated armoured vehicles under the LAND 400 Phase 2 program.

Consumer Confidence Falls to Lowest Level in Over 50 Years

The ANZ–Roy Morgan Consumer Confidence Index recorded a reading of 63.1 for the week of 24 March 2026, marking the lowest level in over 50 years and remaining well below the long-run average of approximately 111. All five components of the index are in negative…

AFL Round 2 Match Results

Hawthorn 14.15 (99) def. Sydney 13.4 (82) Western Bulldogs 14.10 (94) def. Adelaide 13.10 (88) Gold Coast 19.14 (128) def. Richmond 9.6 (60) St Kilda 11.12 (78) def. GWS Giants 10.14 (74) Fremantle 17.16 (118) def. Melbourne 10.10 (70) Port Adelaide 20.13 (133) def….

Population Growth Driven by Net Overseas Migration

Australian Bureau of Statistics data shows net overseas migration added approximately 311,000 people to Australia’s population in the year to September 2025, accounting for around three-quarters of total growth of approximately 423,600 people. This represents a net…

Labor Returned to Government in South Australia

Peter Malinauskas will be returned as Premier after the South Australian Labor Party secured sufficient seats to form government. The Liberal Party of Australia has lost seats, while One Nation has increased its representation, with counting continuing.

ENVIRONMENT

Severe Tropical Cyclone Narelle Reaches Category 5

The Bureau of Meteorology advises Severe Tropical Cyclone Narelle is at Category 5 intensity and is forecast to cross the Far North Queensland coast between Lockhart River and Cape Melville on Friday morning, with severe impacts expected across Cape York Peninsula and…

ECONOMY

Consumer Confidence Falls to Lowest Level in Over 50 Years

The ANZ–Roy Morgan Consumer Confidence Index recorded a reading of 63.1 for the week of 24 March 2026, marking the lowest level in over 50 years and remaining well below the long-run average of approximately 111. All five components of the index are in negative…

◆ ASX 200 – Weekly Close

The ASX 200 closed the week down -2.16%, making YTD gains since Jan 1 down -3.43%, at 8428.40 it is currently trading -4.33% below its six-month end of week rolling average.

RBA Raises Cash Rate to 4.10 Per Cent

The Reserve Bank of Australia increased the cash rate target by 0.25 percentage points to 4.10 per cent at its March 2026 monetary policy meeting. The decision reflects persistent inflation remaining above the 2–3 per cent target range.

◆ ASX 200 – Weekly Close

The ASX 200 closed the week down -3.78%, making YTD gains since Jan 1 up +1.41%, at 8851.00 it is currently trading +0.42% above its six-month end of week rolling average.

NATIONAL

Population Growth Driven by Net Overseas Migration

Australian Bureau of Statistics data shows net overseas migration added approximately 311,000 people to Australia’s population in the year to September 2025, accounting for around three-quarters of total growth of approximately 423,600 people. This represents a net…

Labor Returned to Government in South Australia

Peter Malinauskas will be returned as Premier after the South Australian Labor Party secured sufficient seats to form government. The Liberal Party of Australia has lost seats, while One Nation has increased its representation, with counting continuing.

Counting underway for 2026 South Australian State Election

Polls closed at 6:00 pm ACDT for the South Australian State Election, with the Electoral Commission of South Australia processing results for 47 House of Assembly seats. ECSA recorded 466,364 early votes cast, up significantly from the early vote counts in 2022.  

HEALTH

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WORLD

DFAT Releases 2024–25 Consular Report

The Department of Foreign Affairs and Trade has released its 2024–25 Consular State of Play report, detailing more than 26,000 consular assistance cases involving Australians overseas. Thailand recorded the highest number of country-specific cases during the reporting…

SPORT