LATEST
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.
◆ ASX 200 – Weekly Close
The ASX 200 closed the week at 8,708.80, down approximately 1.8% for the week.
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…
Federal Government Launches “Once-in-a-Generation” Defence Estate Reform
The Federal Government has confirmed the divestment of 64 Defence sites and partial sale of three others, including HMAS Penguin and RAAF Williams, with funds redirected to strengthen northern and western bases in line with shifting strategic priorities.
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.
Census 2026 Recruitment Opens for 2,700+ Field Managers Nationwide
The Australian Bureau of Statistics has officially launched recruitment for more than 2,700 Field Managers across Australia, marking the first major operational milestone for the 2026 Census.
Australian retail turnover edges higher in December
Australian retail turnover rose 0.2% in December, according to figures released by the Australian Bureau of Statistics.
ENVIRONMENT
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ECONOMY
Inflation Reaccelerates to 3.8% Driven by Housing and Energy
New ABS data confirms annual inflation rose to 3.8% in December, up from 3.4% in November, fueled by a 21.5% surge in electricity costs.
ABS Data Reveals Australia’s Gender Pay Gap Stalling at 8.4%
Latest figures from the Australian Bureau of Statistics show no movement in the national hourly gender pay gap, which remains at 8.4%.
ASX Weekly Market Wrap
ASX 200 Weekly Change: -0.5%, closed at 8,60. Market growth since 1 Jan +1.68%
Household Spending
Household Spending for November 2025 rose 6.3% compared to the previous year, lead by furnishings, household equipment and recreation.
NATIONAL
Royal Commission Announced
Anthony Albanese has announced a Commonwealth Royal Commission into the Bondi Terror Attack.
Victorian Bushfires
State of Disaster declared for bushfire emergencies.
WORLD
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SPORT
Scotty James wins men’s X Games halfpipe gold in Aspen
Snowboarder Scotty James claimed the men’s halfpipe title at X Games Aspen 2026, securing his fifth straight gold and eighth overall.
Sydney Sixers Secure Grand Final Berth After Dominant Win Over Hurricanes
The Sydney Sixers have advanced to the BBL Grand Final following a convincing 58-run victory over the Hobart Hurricanes at the SCG.
Aus Open Tennis
Alex de Minaur def France Tiafoe USA in 4 sets to progress to the next round.
Big Bash League
Hobart Hurricanes 168/7 def Melbourne Stars 152/9