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Angus Taylor elected leader of the federal Liberal Party

The federal Liberal Party elected former energy minister Angus Taylor as its new leader in a partyroom ballot, defeating incumbent Sussan Ley 34 votes to 17 and ending her nine-month tenure; Victorian senator Jane Hume was elected deputy leader by party members.

Cooper Woods wins gold in Men’s Moguls

On the final run in the men’s final for Moguls, Cooper Woods has laid down the run of a lifetime to finish first on the podium winning the first gold medal in Australia’s Olympic campaign at Milano Cortina 2026.

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…

First Home Buyer Loans Rise 6.8%

New first home buyer loan commitments increased 6.8 per cent in the December 2025 quarter to 31,783 loans, according to data released by the Australian Bureau of Statistics on 11 February 2026. This is the highest quarterly volume in approximately four years.

ADV Reliant Delivers 400,000L of Water to Kiribati

Australian Defence Vessel ADV Reliant has completed a three-day mission delivering 400,000 litres of fresh water and 15 pallets of humanitarian supplies to Banaba Island, Kiribati. The deployment followed an official request for assistance from the President of…

Household Spending Down 0.4% in December

The Australian Bureau of Statistics reported on 9 February 2026 that household spending in Australia fell by 0.4 per cent in December 2025 compared to November, following strong increases in earlier months. 

Government Reviews Online Game Ratings After Safety Concerns

Australian Communications Minister Anika Wells has written to the Classification Board and eSafety Commissioner to review whether Roblox’s PG rating remains appropriate following media reports of child grooming concerns. The review request is part of broader federal…

Australia and Indonesia Sign Landmark Security Treaty

The Australian and Indonesian governments signed the Australia–Indonesia Treaty on Common Security on 6 February 2026 in Jakarta, establishing a framework for ongoing bilateral cooperation on defence and regional security matters. The agreement is intended to enhance…

ENVIRONMENT

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ECONOMY

Living Costs Surge for All Households in December Quarter

Annual living costs rose for every household type in the December 2025 quarter, with age pensioner households hit hardest (+4.2%) due to rising electricity and housing costs, while employee households saw the smallest increase (+2.3%) as mortgage interest charges fell…

RBA lifts official cash rate by 0.25% to 3.85%

The Reserve Bank of Australia has increased the official cash rate by 25 basis points to 3.85%, marking the first rate hike of 2026 as inflationary pressures persist, according to the official RBA media release.

◆ ASX 200 – Weekly Close

The ASX 200 closed the week up +0.1%, lifting YTD gains to +1.62%, and at 8,869.10 it is currently trading +0.7% above its six-month rolling average.

NATIONAL

Politics

Kevin Rudd will end his tenure as Australia’s ambassador to the United States a year early to take up a role in international policy and research.

WORLD

SPORT

Flag Bearers announced for the Winter Olympics

Jakara Anthony and Matt Graham have been named as Australia’s flag bearers for the opening ceremony of the 2026 Milano Cortina Winter Olympics. Both are veteran moguls skiers — Anthony is the defending Olympic champion in women’s moguls, and Graham is a silver…