LATEST
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.
◆ 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.
Nine Entertainment sells radio network to Arthur Loundy
Nine Entertainment has agreed to sell its radio assets to Arthur Loundy’s family office in a A$56 million deal, marking a major shift in Australia’s media ownership landscape.
United States completes withdrawal from World Health Organization
The United States has formally ended its 78-year membership in the World Health Organization, concluding its participation in the global health agency.
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.
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.
Major snowstorm forecast to disrupt New York region
A major winter storm is forecast to hit the New York region, prompting travel warnings as heavy snow and strong winds are expected.
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.
ENVIRONMENT
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ECONOMY
Household Spending
Household Spending for November 2025 rose 6.3% compared to the previous year, lead by furnishings, household equipment and recreation.
Building Approvals
Australian Building Approvals (November 2025): Total dwellings approved rose 1.6% seasonally adjusted, Private sector houses rose 2.9%.
Job Vacancies
November 2025 Quarterly vacancies fell 1.2%, Private sector vacancies down 1.5%.
Inflation Data Release
CPI up 3.4% year on year to November 2025. Down from 3.8% in October.
NATIONAL
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WORLD
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SPORT
Big Bash League
Melbourne Stars defeated Adelaide Strikers at the MGC.
Lacrosse
Australia defeated the Philippines 13-3 to win the Gold Medal in the Asia-Pacific Men’s Lacrosse Championship.
Alpine
Jakara Anthony wins Gold, Matt Graham wins Silver at Val Saint-Come World Cup Moguls in Canada
Dakar Rally
Stage 6 Winner Ricky Brabec USA, Overall Leader Daniel Sanders Australia.