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◆ ASX 200 – Weekly Close
The ASX 200 closed the week up +0.74%, making YTD gains since Jan 1 down -1.70%, at 8579.50 it is currently trading -2.15% below its six-month end of week rolling average.
ENSO Returns to Neutral as El Niño Risk Builds
The Bureau of Meteorology reports El Niño–Southern Oscillation indicators have returned to neutral levels, with oceanic and atmospheric conditions no longer meeting La Niña thresholds. The National Oceanic and Atmospheric Administration indicates increasing likelihood…
Magnitude 7.4–7.8 Earthquake Recorded in Eastern Indonesia
A magnitude 7.4–7.8 earthquake was recorded near the Molucca Sea region of eastern Indonesia, with a shallow depth and tsunami advisories issued for nearby areas.
National Address Confirms No Change to Fuel Policy or Supply Settings
Anthony Albanese delivered a nationally broadcast address on the Middle East conflict and fuel supply, with no new policy measures, regulatory actions, or supply interventions announced.
Prime Minister to Deliver National Address on Fuel and Middle East Conflict
Anthony Albanese will deliver a nationally broadcast address at 7:00pm AEDT outlining the government’s response to the Middle East conflict and measures aimed at preserving fuel supply for priority sectors.
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.
ENVIRONMENT
Severe Weather Warning for Heavy Rain and Flash Flooding in Far North Queensland
The Bureau of Meteorology has issued a severe weather warning for parts of the North Tropical Coast, Tablelands and Peninsula districts, with heavy rainfall that may lead to flash flooding as Tropical Low 29U approaches the Queensland coast. Six-hour rainfall totals…
Tropical Low 29U developing in Coral Sea; moderate chance of cyclone formation
The Bureau of Meteorology has confirmed Tropical Low 29U in the northern Coral Sea and issued an active Tropical Cyclone Watch for parts of the North Tropical Coast (Cooktown to Lucinda), noting there is a moderate chance the system could develop into a tropical…
Category 3 Cyclone Mitchell to Hit Pilbara Coast; Port Closures and Evacuations Active.
Destructive winds up to 220 km/h. Major ports (Port Hedland, Dampier) closed. Flash flooding expected through Gascoyne. Evacuation centres open in Karratha and Onslow.
Cyclone Watch Issued for WA Coast as System Luana Intensifies
Residents in Western Australia’s north are on alert as the Bureau of Meteorology issues a formal cyclone watch for a system expected to reach Category 2 strength.
ECONOMY
◆ 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.
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.
NATIONAL
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.
Australian Government commits $310 million to AUKUS submarine propulsion systems
The Albanese Government announced a $310 million payment for long-lead items from the United Kingdom to manufacture nuclear propulsion systems for Australia’s first two SSN-AUKUS submarines at Osborne, South Australia.
Federal Government announces $39.2 million for Perinatal Mental Health Centre network
Assistant Minister Emma McBride announced the establishment of a new Perinatal Mental Health Centre in Devonport as part of a $39.2 million federal investment to create 20 specialized centres nationwide.
HEALTH
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WORLD
Landslide in West Java kills 23 soldiers, dozens missing
A landslide at a military training site in West Java, Indonesia, has killed 23 soldiers and left dozens missing, according to official reports.
New Zealand Landslide
Search and recovery ongoing for 6 missing persons including children at Beachside Holiday Park, Mount Maunganui. 2 fatalities previously confirmed
Board of Peace
United States President Donald Trump is asking countries to pay $A1.5 billion for a permanent spot on his so-called “Board of Peace”. Originally conceived as a board to oversee the rebuilding of Gaza, the proposed international body is seemingly expanding…
Japan will head for a snap election
Japan’s Prime Minister has announced plans to dissolve the parliament and trigger a snap election in less than three weeks. Sanae Takaichi is hoping to capitalise on her surging public opinion ratings.
SPORT
Australia wins ITM New Zealand Sail Grand Prix
The Australian SailGP Team, helmed by Tom Slingsby, secured 1st place in the Auckland event to move to the top of the season championship standings.
Jakara Anthony defeats Jaelin Kauf to win Dual Moguls gold in Livigno
Jakara Anthony claimed the gold medal in the women’s dual moguls at Livigno, defeating USA’s Jaelin Kauf in the final.
Josie Baff wins gold in Women’s Snowboard Cross
Australian snowboarder Josie Baff won the gold medal in the women’s snowboard cross event at the 2026 Milano-Cortina Winter Olympics in Livigno, finishing ahead of Eva Adamczyková (CZE) and Michela Moioli (ITA)
Scotty James claims silver in Men’s Snowboard Halfpipe
Australian snowboarder Scotty James secured the silver medal in the men’s snowboard halfpipe final at the 2026 Milano-Cortina Winter Olympics in Livigno, with Japan’s Yūto Totsuka taking gold and Ryusei Yamada bronze.