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LATEST
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.
Severe Tropical Cyclone Narelle Forecast to Impact Far North Queensland Coast
The Bureau of Meteorology advises Severe Tropical Cyclone Narelle (Category 3) is intensifying in the Coral Sea and is forecast to cross the Far North Queensland coast between Lockhart River and Port Douglas late Thursday or Friday. Destructive wind gusts exceeding…
Australia Formula 1 Grand Prix
Mercedes opened the 2026 Formula One season with a dominant one-two finish at the Australian Grand Prix, with George Russell converting pole position into victory ahead of teammate Kimi Antonelli. Ferrari initially challenged for the lead through Charles Leclerc…
◆ 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.
RBA Backs Regulatory Framework for Cash Distribution System
The Payments System Board of the Reserve Bank of Australia has expressed support for a proposed regulatory framework for Australia’s cash distribution sector. The framework would include public-sector crisis powers to maintain continuity of cash services. The Board…
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…
Household Spending Rises 0.3% in January Driven by Services
The Australian Bureau of Statistics reported household spending rose 0.3% in January 2026, following a decline in December. The increase was driven by services spending, which rose 1.0%, while spending on goods fell 0.3%.
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…
ENVIRONMENT
Cyclone Warning
Tropical Cyclone Koji has developed into a Category 2 Cyclone and is moving towards the Queensland coast. Warning zone Innisfail to Mackay.
Emergency Warning
Bushfire, Leave Immediately for Cape Otway, Maits Rest.
Victorian Bushfires
State of Disaster declared for bushfire emergencies.
ECONOMY
Annual CPI inflation steady at 3.8% in January 2026
According to the Australian Bureau of Statistics, the Consumer Price Index (CPI) rose 3.8% in the 12 months to January 2026, unchanged from the December 2025 reading, with Housing costs up 6.8% and Food and non‑alcoholic beverages up 3.1% as leading contributors to…
Commonwealth Bank Cuts 300 Jobs Amid $90m AI Workforce Investment
Commonwealth Bank of Australia has confirmed approximately 300 roles will be made redundant across its Australian operations while committing $90 million over three years to upskill staff and expand artificial intelligence capability. The bank says the job reductions…
◆ ASX 200 – Weekly Close
The ASX 200 closed the week up +1.84%, lifting YTD gains since Jan 1 to +4.05%, at 9,081.40 it is currently trading +3.30% above its six-month end of week rolling average.
ABS reports unemployment rate remains at 4.1 per cent in January 2026
The Australian Bureau of Statistics released Labour Force, Australia, January 2026, showing the seasonally adjusted unemployment rate remained at 4.1 per cent with employment rising by 18,000 and full-time employment up by 50,000.
NATIONAL
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.
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…
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…
HEALTH
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WORLD
Samoa’s prime minister proposes ban on non-Christian faiths
The country’s prime minister has thrown the future of its religious minorities into doubt after flagging potential restrictions on non-Christian faiths last month.
SPORT
De Minaur Campaign Ends in Quarterfinal Loss to Alcaraz
World Number 1 Carlos Alcaraz has ended Alex de Minaur’s hopes for a home title, defeating the Australian in straight sets to reach the semifinals.
Jay Vine claims 2026 Tour Down Under overall victory
Australian cyclist Jay Vine won the overall men’s classification at the 2026 Tour Down Under, taking the leader’s jersey and the event title.
Perth Scorchers Claim Record Sixth BBL Title at Packed Optus Stadium
The Perth Scorchers have secured their sixth Big Bash League championship with a dominant six-wicket victory over the Sydney Sixers in front of a record home crowd.
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.