A service will be held at the Vatican in coming days to farewell Cardinal George Pell, who has died from surgery complications at the age of 81.

Inflation has hit a 30-year high thanks to the rising cost of housing, groceries and petrol.

The floods that ravaged Australia's east coast in February last year were the fourth most costly global disaster of 2022.

In sport, selectors have decided on a strong spin bowling lineup for Australia's upcoming test series against India.

And in entertainment, Cate Blanchett is the only Australian to take home a Golden Globe at this years awards.

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