Headlines: Inflation’s unexpected fall

2026-01-07

Download

Today's headlines include: Emergency-level bushfires have ignited and residents are being urged to leave amid some of the worst heatwave conditions in years. The annual inflation rate decreased to 3.4% in November, according to the Australian Bureau of Statistics (ABS). Venezuela and the U.S. have reached a deal to export up to $US2 billion dollars worth of Venezuelan oil to the country. And the good news: The Parkes Elvis Festival has kicked off, with hundreds of Elvis fans gathering for the annual festival.

Today's headlines include:

Emergency-level bushfires have ignited and residents are being urged to leave amid some of the worst heatwave conditions in years.
The annual inflation rate decreased to 3.4% in November, according to the Australian Bureau of Statistics (ABS).
Venezuela and the U.S. have reached a deal to export up to $US2 billion dollars worth of Venezuelan oil to the country.
And the good news: The Parkes Elvis Festival has kicked off, with hundreds of Elvis fans gathering for the annual festival.

Reporting with AAP.

Hosts: Zara Seidler and Emily Donohoe
Producer: Rosa Bowden

Want to support The Daily Aus? That's so kind! The best way to do that is to click ‘follow’ on Spotify or Apple and to leave us a five-star review. We would be so grateful.

The Daily Aus is a media company focused on delivering accessible and digestible news to young people. We are completely independent.

Want more from TDA?
Subscribe to The Daily Aus newsletter
Subscribe to The Daily Aus’ YouTube Channel

Have feedback for us?
We’re always looking for new ways to improve what we do. If you’ve got feedback, we’re all ears. Tell us here.

See omnystudio.com/listener for privacy information.

Comments (3)