Tesla has seen its first decline in annual revenue in the company's history, putting CEO Elon Musk's historic pay package deal at risk.

The car and technology company reported revenue of $35 billion in the 2025 fourth quarter, nearly a billion dollars less than the same period in 2024.

But the reported revenue was slightly higher than forecast, leading to a jump in the company's after-hours share price.

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A decline in car sales is behind much of the company's flagging numbers.

Vehicle deliveries dropped 8.6 per cent last year, with the brand number suffering from its attachment to Musk himself.

Since the South African-born multi-billionaire aligned himself to President Donald Trump, the brand has suffered.

Protesters have hounded car dealerships selling Teslas after Musk appeared to do a Nazi salute at an inauguration event last January.

And when Trump cut Biden administration-era credits for electric cars, sales dropped further.

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Musk's endorsements of far-right ideologies in Europe have alienated potential customers there.

Tesla is no longer the biggest electric car maker in the world, with Chinese company BYD claiming the crown earlier this month.

Earlier today Musk announced the company would be converting factories in California from cars to its humanoid robots.

Tesla's net income plummeted to $1.2 billion from nearly $3 billion last year.

The soft year could stop Musk from claiming the immense pay package approved by shareholders in November.

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Under the deal, Tesla would pay Musk a trillion US dollars ($1.42 trillion) if he brought the company to a market capitalisation of $US8 trillion.

At present, it is at $US1.35 trillion.

The deal also requires him to sell 20 million electric cars, 10 million self-driving subscriptions, a million humanoid robots and a million robotaxis over 10 years.

Musk is already by far the richest man in the world, with an estimated net worth of more than a trillion Australian dollars.

By comparison, if Musk had all the banknotes in circulation in Australia, it would only account for 10 per cent of his net worth.

READ MORE: Tesla loses title as world's biggest electric vehicle maker

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Those in NSW could be given an extra day off this year to make up for the fact that Anzac Day falls on a Saturday.

Premier Chris Minns has said he is considering adding Anzac Day to the list of holidays that would be granted an additional day for when Anzac Day falls on a weekend.

Currently, Anzac Day is only deemed a public holiday in NSW on April 25, even if it occurs on a Saturday or Sunday, as will be the case this year, when it falls on Saturday.

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This means workers do not get a day off on the Monday, like other holidays such as Christmas, Boxing Day and New Year's Day, called an additional day.

"We're going to have a conversation about it for this year," Minns told Triple M's Beau, Cat & Woodsy.

"We're underserved when it comes to public holidays; there's a lot more in every other state."

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Most states and territories in Australia follow NSW' model on Anzac Day, with Western Australia and the Australian Capital Territory being the only places to give residents an additional day when April 25 falls on a weekend.

However, Minns insisted he would not make moves until he had consulted with the RSL to ensure it doesn't take away from the importance of remembrance ceremonies and marches on Anzac Day itself.

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"I've got to have confidence that if we have a public holiday on the Monday, it doesn't detract from the salience of the 25," he insisted.

"It's got to be the 25 that's hugely important."

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Donald Trump has revealed Nicki Minaj as his unlikely new celebrity ally just weeks after his actions were called into question by his most influential backer, Joe Rogan.

The rapper just declared herself the US President's biggest fan at an event to launch 'Trump Accounts' for newborn babies.

"I will say that I am probably the president's number one fan, and that's not going to change." the Starships singer told the crowd on Wednesday (US time).

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Appearing on stage with Trump, Minaj hit out at "hate", "bullying" and "smear campaigns" directed against the Commander in Chief.

Her comments may come as a surprise given that just a few years ago, Minaj publicly vowed she would not "jump on the Donald Trump bandwagon".

But her politics appear to have shifted towards the right in recent years.

Born Onika Tanya Maraj in Trinidad and Tobago, Minaj previously said her background as an undocumented immigrant put her at odds with Trump.

"What stuck with me was the children being taken away from their parents when they came into this country," she told Rolling Stone in 2020.

"That really bothered me because I was one of those immigrant children coming to America to flee poverty.

"And I couldn't imagine a little child going through all of that, trying to get to another country because they didn't have money in their country, or whether you're fleeing from war … and then being taken away from the one person that makes you feel comfort."

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It seems that she has since changed her mind.

In 2021, she claimed on Twitter that the COVID-19 vaccine had made a male relative impotent, echoing right-wing vaccine scepticism and science denial.

There was no scientific evidence to support her claim.

In 2025, she reposted White House TikTok clips promoting Trump's anti-trans and anti-immigration policies, among others.

She also delivered a speech backing Trump's claims that Christians are under attack in Nigeria at the United Nations on the invitation of US ambassador to the UN Mike Waltz.

Minaj then appeared at Turning Point USA's AmericaFest for an event with Erika Kirk, widow of late conservative firebrand Charlie Kirk, in December 2025.

During their interview Minaj referred to the president as "handsome" and "dashing" and said she loved both him and Vice President JD Vance.

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Now she's taken the final step into Trump's fold with their joint appearance on Wednesday.

The president seemed glad to have the support of the "greatest and most successful female rapper in history" and thanked her for donating "hundreds of thousands of dollars" for the Trump accounts.

"I didn't know Nicki, and I've been hearing over the years she's a big Trump supporter, or Trump fan," he said.

"And she took a little heat on occasion because her community isn't necessarily a Trump fan."

Some critics, including Democratic strategist Mike Nellis, have speculated that Minaj's sudden support of Trump may be a bid to win a presidential pardon for her husband and brother, both of whom have serious criminal records.

Minaj's brother Jelani Maraj was sentenced to 25 years to life in prison in 2020 for raping an 11-year-old girl.

Her husband, Kenneth Petty, was convicted of attempted rape of a 16-year-old girl in 1994 and served four years in prison.

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He was registered as a sex offender in New York state and was arrested for failing to register as a sex offender when he and Minaj moved to California in 2020.

He was sentenced to a year of house arrest, three years probation, and made to pay an $80,000 fine.

Petty was also charged with second-degree murder for shooting and killing a man named Lamont Robinson in 2002.

A plea bargain reduced the charge to manslaughter and he spent seven years in prison.

"It's super f–king embarrassing watching Nicki Minaj kiss Donald Trump's ass to get a pardon for her husband and her brother," Nellis wrote on X.

Minaj has not indicated that she would like the president to intervene on her brother or husband's behalf.

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Donald Trump has accused a congresswoman who was allegedly attacked at an event yesterday of setting up the assault herself, but he hasn't provided any evidence for his claim.

Democratic Representative Ilhan Omar was sprayed with an unknown substance as she spoke during a town hall in Minneapolis.

As she was at the podium, a man sitting in the audience raced up to her and squirted a brown liquid from a syringe onto her.

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The man, Anthony Kazmierczak, was immediately tackled to the ground by a security guard as Omar raised her fist at him.

Omar was unharmed and continued with her event.

"We will continue," she said.

"These f—ing assholes are not going to get away with it."

Kazmierczak has now been booked on suspicion of third-degree assault.

Authorities believe the substance was apple cider vinegar.

Politicians from both sides have condemned the attack.

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But the US President is not among them.

"I don't think about her. I think she's a fraud. I really don't think about that," Trump said.

"She probably had herself sprayed, knowing her."

House Minority Leader Hakeem Jeffries decried Trump's remarks.

"That's a disgusting comment and the president's lies and misinformation continue to fan the flames of these types of violent incidents," he said.

"Ilhan Omar, of course, is a strong, courageous, hardworking public servant. This should have never happened."

Omar has long been a focus of Trump's ire.

The Somalia-born congresswoman from Minneapolis is a vocal critic of Trump and part of a group of progressives in Congress nicknamed The Squad.

Her colleagues from both parties spoke in Omar's defence after the alleged assault.

"I disagree with her on almost everything politically and on policy. But these type of disagreements should NEVER result in assault," Mississippi Republican Mark Alford said.

READ MORE: Trump fires his chief enforcer in Minneapolis

Meanwhile, another Squad member, Alexandria Ocasio-Cortez, linked the alleged attack to the president.

"It is not a coincidence that after days of President Trump and VP Vance putting Rep. Omar in their crosshairs with slanderous public attacks, she gets assaulted at her town hall," she said.

"Thank God she is okay."

With thousands of Immigration and Customs Enforcement (ICE) agents in Minneapolis, Omar has become the public face of the local opposition.

The White House has sought to tone down its rhetoric after a backlash to its response to the killing of nurse Alex Pretti.

But ICE and Border Patrol remain active on the streets of Minneapolis.

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There have been multiple instances of ICE detaining young children in the city as a way of baiting their families into coming out to be arrested.

In one instance, five-year-old boy Liam Conejo Ramos was kept outside in -21C temperatures as ICE waited to arrest his father.

Liam and his father are now in immigration detention.

At the time of their arrest, no deportation order had been issued for the family and they had a pending asylum case.

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Exclusive: Olivia Stiles has been parking on the street outside her Melbourne home for seven years without a care.

Now council wants to charge her up to $250 for it.

This month, Stonnington City Council replaced its free residential parking permits with a new paid digital permit system.

Previously, the council provided two physical permits per household free of charge.

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Under the new system, which came into effect on January 1, residents must pay for a digital permit, starting at $60 annually.

A second permit costs $90 and a third costs $100, so a home needing three permits would spend $250 per year.

A visitor permit costs $120 annually, and a permit for one-off events like birthday parties cost $6.70 per vehicle.

Half-price concession pricing is available to eligible residents.

Like many Stonnington residents, Stiles didn't find out about the new system until it was already in effect.

"A lot of the community feel very much that they've been blindsided," she told 9news.com.au.

"As residents, we feel like we're kind of already paying through our [council] rates."

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A Queensland couple who emigrated from the UK over 40 years ago face a "desperate deadline" to renew their old British passports before an around-the-world cruise in March.

Stuart and Gwen Rayner, both aged in their 70s, are dual Australian-British nationals and haven't held valid UK passports since 2002.

The soon-to-be-enforced Electronic Travel Authorisation (ETA) scheme, which requires dual citizens to have valid UK passports from February 26, has thrown their travel plans into chaos.

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Do you have a story? Contact reporter April Glover at our breaking newsletter here

Dozens of houseboat residents and boat owners are facing imminent eviction from a popular Queensland river following the introduction of an anchoring time limit.

Unmoored boats larger than five metres on the Noosa River can only stay for a maximum of 28 days per year from January 1, 2026, according to a rule announced by the Maritime Safety Queensland (MSQ), meaning many long-term houseboat owners need to leave this week.

It has triggered outrage among members of the Noosa River community, some of whom have lived there for decades, who say the cost of relocation is prohibitively expensive.

READ MORE: 'Doesn't make any sense': Forgotten HECS detail delaying money in your pocket

Do you have a story? Contact reporter April Glover at our breaking newsletter here

Millions of homeowners are firmly at risk of being hit by an interest rate hike next week after new inflation data came in hotter than expected.

The consumer price index (CPI) for December rose to 3.8 per cent for the past 12 months – up from 3.4 per cent in November and more than the roughly 3.5 per cent economists had expected, the Australian Bureau of Statistics announced this morning.

The trimmed mean – the Reserve Bank's preferred measure of underlying inflation – also rose to 3.3 per cent, comfortably above the central bank's target range.

READ MORE: Australian dollar cracks 70 US cents on climb to three-year high

Before the data release, the big four banks were split as to whether the RBA will hike the cash rate next week, but the two holdouts – Westpac and ANZ – have now flipped their bet to a 25-basis-point increase.

"December quarter inflation had the casting vote and voted 'Yes, hike'," Westpac chief economist Luci Ellis said.

"After preparing the ground in recent weeks for a rate hike, we believe the RBA Monetary Policy Board will follow through on these warnings with a 0.25 percentage point increase in the cash rate to 3.85 per cent," she added.

Bank of Queensland chief economist Peter Munckton also said a hike appears likely.

"Almost all the main CPI measures are comfortably above the RBA's target band," he said.

"This is also consistent with the message from the level of inflation expectations of both firms and consumers.

"Both the press conference post the December meeting as well as the minutes of that meeting suggest the RBA was becoming increasingly concerned about inflation.

"Since then, we have found out that inflation ended the year higher than RBA forecasts and above target…

"A quarter percentage point cash rate hike will likely be locked and loaded for the February meeting."

Zyft consumer finance expert Joel Gibson said a rate rise would be a significant blow to household budgets.

"Aussies were spending $178 per week on groceries in August 2025, but with today's CPI figures in mind, inflation will add another $6 a week to the trolley, or $312 across the course of the coming year," he said.

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"This trolley hit is even more severe when you look at the essentials: coffee, tea and cocoa are up 15.3 per cent, while proteins like lamb and goat have jumped 13.4 per cent, and beef and veal have risen 10.8 per cent.

"And if we get a rate rise, a 0.25 per cent hike could add another $115 to the monthly repayment on an average $694,000 mortgage.

"All of these increases combined would mean an average Australian household should stand to shell out an additional $2192 over the course of this year."

The RBA will hand down its next interest rate decision on Tuesday.

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The information provided on this website is general in nature only and does not constitute personal financial advice. The information has been prepared without taking into account your personal objectives, financial situation or needs. Before acting on any information on this website you should consider the appropriateness of the information having regard to your objectives, financial situation and needs.

An art collection worth hundreds of thousands of dollars, amassed across decades from around the world, has been stolen from a woman's home in Melbourne.

The woman's brother, Stephen, attended the property, in Kew, on December 28 and noticed the front door was off its hinges and the home ransacked.

It's believed unknown offenders attended the property several times and stole paintings, jewelery, and other property worth more than $400,000.

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"The front door was wide open and as soon as I walked in you could see everything that was gone – vacuum cleaners, tools, watches, cameras," Stephen said.

"It's no longer a home, it's a house, in her words, and she's lost everything.

"She's devastated. She's in tears when I talk to her."

The victim has been undergoing long-term medical treatment and living elsewhere for more than a year.

That means the period her home may have been ransacked stretches from December 2024 to December 2025.

Some of the stolen items include a John Perceval "Sunflowers" painting worth more than $75,000; three Cris Canning paintings worth between $30,000 and $50,000 apiece; two antique Chinese paintings worth more than $10,000 each; and a pearl strand worth more than $50,000.

The thief or thieves also stole significant family heirlooms and what police describe as a "substantial" wine collection.

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None of the items were insured.

Police are appealing for anybody who may have noticed suspicious activity in the area, or who recognises any of the items, to come forward.

"This incident has been extremely distressing and had considerable impact on the victim," Detective Sergeant Warren Atkinson said.

"The list of items stolen is excessive, well above $400,000, however we're unable to estimate a value of several of these items so it is expected the actual accumulative amount is much higher."

He said some items had strong sentimental value as well, including a sculpture the victim bought about 50 years ago in Germany.

"I think they've probably attended the address on the first occasion to do a burglary, identified no one was living at the address and then they've re-attended several times," Atkinson said.

"It's made it extremely difficult to pinpoint where to start."

The public is asked to keep their eyes peeled for the items, as the criminals are expected to try to on-sell them.

"A lot of them are very distinctive items … just hopefully somebody out there can recognise them or has seen them somehow and can contact the police," Stephen said.

Anybody with information is urged to contact Crime Stoppers online or on 1800 333 000.

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The person picked up the injured man in Onerahi about 4am.