The numbers are in, so are you a big winner tonight?

Adult dancers take a stand as they lobby against what they call systemic injustices.

Prime Minister Anthony Albanese is set to unveil details of Australia's pending deal to buy nuclear submarines from the US and UK early next week after flagging an increase to defence spending.

It comes following reports in Nine newspapers saying some of the extra spending for the project will be confirmed in the weeks leading up to May's federal budget

Albanese is on his way to the US, where it is expected more detail will be given for the AUKUS arrangement. The total cost of the deal to Australia is estimated at $100 billion, and the prime minister indicated defence spending is likely to go up as a result.

READ MORE: Australia set 'to buy up to five US nuclear submarines'

"I said consistently that we will need a minimum of 2 per cent of GDP, but I expect that defence spending will increase," he said in India yesterday.

"We need to make sure that we invest more in our defence. 

"You don't just pluck a figure out in order to get a headline in a newspaper. We'll invest in what is needed."

His predecessor, Scott Morrison, said earlier this week that defence spending needs to go as high as 2.5 per cent of GDP in the wake of the deal.

LNP Senator Matt Canavan told Today the submarine deal was a "positive development".

"The former Coalition Government kick-started this with the decision to acquire nuclear subs," Canavan said.

"The issue always was going to be how long it was going to take for us to get them

"Good for our country's defence especially given increasing risks in the region."

On the shopping list is the Virginia-class submarine built in the US, which Australia is reportedly set to buy up to five of in the 2030s.

Also sought is the Astute Class submarine from the UK. Those subs are still being designed and aren't expected to enter service until the 2040s, but Australia is set to receive eight of them.

READ MORE: New super strength beer will not be sold in NT

Sign up here to receive our daily newsletters and breaking news alerts, sent straight to your inbox.

A teenager is in a critical condition after a huge car crash in Melbourne injured five people, including a pedestrian.

Police said the two-vehicle collision on Lygon Street in Carlton came after a Volkswagen Passat was seen driving erratically before crashing into an Alfa Romeo, which then spun out of control and hit a pedestrian.

Both the male pedestrian and a teenage woman who was in the Alfa Romeo were taken to hospital.

READ MORE: PM flags defence spending increase ahead of expected submarine deal reveal

While police initially said they both had life-threatening injures, they have since been changed to "critical". The teenager has a head injury.

The driver of the Alfa Romeo, a 61-year-old man, suffered minor injuries while the second passenger, his wife, suffered serious but not life-threatening injuries.

Police said the driver of the Volkswagen, a 40-year-old male, was detained by bystanders until officers arrived at the scene.

He has since been taken to hospital under police guard with non-life-threatening injuries.

Sign up here to receive our daily newsletters and breaking news alerts, sent straight to your inbox.

Police said they still investigating the circumstances of the crash and are asking for anyone with dashcam footage to contact authorities. 

Rett Syndrone treatment Daybue becomes NZ’s first neurological drug to make it to market.

Australians who enjoy tucking into a Maxibon are about to get less bite for their buck, with the makers of the iconic ice cream announcing it will be shrinking in size.

The move comes amid the rising cost of living and increasing ingredient and production costs – although following the release of this month's consumer price index (CPI) data, Treasurer Jim Chalmers said the federal government was hopeful inflation had peaked.

In a post on its social media channels, Maxibon said it was being open and proactive in announcing its size change.

READ MORE: The sneaky way food companies are passing on cost increases to you

"It's not news you'll want to cop, but we had to let you know first," it said.

"Tough times mean tough changes. And because of that, we've had to make the call to downsize our Maxibon a touch."

READ MORE: PM flags defence spending increase ahead of subs announcement

https://www.instagram.com/p/Cpd-4fFvAL2/

The change will come into effect this month, although it was not revealed how much the size of the ice cream will be dropping by. The recommended retail price of the products will remain the same.

"From this month, you'll notice the changes, but our Maxibons will have the same taste you know and love," the company said.

"We're sure there's a few thoughts going through your head, so we thought we'd beat you to it."

READ MORE: 'One-in-625 chance': Asteroid may hit Earth on Valentine's Day 2046

While some social media users did approve of the company's openness in announcing the shrink, others were less understanding, accusing it of unfairly prioritising profits.

The move is the latest case of "shrinkflation" – where companies reduce the size of their products without increasing the price, often in an attempt to mitigate rising supply and production costs without customers noticing a higher price tag.

Sign up here to receive our daily newsletters and breaking news alerts, sent straight to your inbox.

Tough times for developers leaves Auckland street with unfinished eyesore, neighbours say.

New Zealand falls behind other countries in access to medicine for rare diseases.

The trial has also heard from a spy turned polygraph examiner who tested alleged minions.

UN Women Aotearoa New Zealand under fire over controversial would-be speaker