SBS Finance Editor Ricardo Gonçalves speaks with Tony Sycamore from IG Markets about the day's sharemarket action as the Australian dollar and gold price charge towards new milestones.

The Coalition’s unity has reached a new low following what's being described as a 'terminal' breakdown between key frontbenchers, marking their third significant split since the 2025 election. While leadership maintains that the door remains open for future cooperation, analysts suggest the in-fighting is further alienating a public that is increasingly turning toward minor parties and independent alternatives.

Australian summers are undergoing what scientists call a "total transformation," with a new study from World Weather Attribution revealing the country can now expect heatwaves every five years on average. The study's researchers say climate change made Australia's blistering heatwave in early January five times more likely, and there's an urgent need for the country to adapt to changed conditions. The warning comes as the country's south-eastern states prepare for what's forecast to be a prolonged, severe heatwave starting this weekend.

The Australian of the Year will be named in four categories on Sunday night. Among them is Emily Briffa, Tasmania's nomination for Local Hero. She's been recognised for her work at social enterprise cafe Hamlet, which trains and employs people with disability, neuro divergence and mental health concerns.

.US President Donald Trump has used the World Economic Forum in Davos to push a new security framework for the Arctic, and signal what he says is momentum towards ending the war in Ukraine. The week has also exposed deep divisions among allies over Greenland and Europe’s role in global security.

SBS Finance Editor Ricardo Gonçalves speaks with Johnathan McMenamin from Barrenjoey and Adam Dawes from Shaw and Parnters as Australia's unemployment rate falls from 4.3% to 4.1% in December increasing the chance of an interest rate rise in a fortnight.

Is Donald Trump’s retreat from tariffs and military threats over Greenland - a NATO reset or a tactical pause? Syria edges toward reunification but at a major cost to the Kurds – and IS group fighters escape. Plus how a farm girl’s plea from rural China went hog-wild online.

The Coalition has reached a breaking point as the National Party officially splits from the Liberals, following a mass frontbench walkout over controversial hate speech legislation. While Opposition Leader Sussan Ley attempted to block some of the resignations to maintain unity, former colleagues and political rivals alike are labeling the fallout a "smoking ruin" that threatens the future of the alternative government.

Australians are paying their respects to the 15 victims of a Bondi terror attack on December 14 during a National Day of Mourning. The Prime Minister and Opposition leader are calling on all Australians to reflect upon the tragic events and stand in solidarity with the Jewish Community.

Saudi Arabia, Turkiye, Egypt, Jordan, Indonesia, Pakistan and Qatar have accepted US President Donald Trump's invitation to join the so-called 'Board of Peace.' Israel's Prime Minister Benjamin Netanyahu has also publicly confirmed Israel's participation, while Vladimir Putin says he's considering Trump's invitation to join. Amid concerns the board of peace will pose a threat to the United Nations, the UN Secretary General has urged continued commitment to international law.