Drupal 8 update discusses the upcoming release of Drupal 8.1, which is scheduled to be fully released on April 20, 2016. Some of the new features in 8.1 include Big Pipe for faster page loads, improved upgrade workflows, inline form errors, and language changes. The document also provides updates on upcoming Drupal events in Australia, including DrupalCamp Byron Bay in July 2016 and DrupalSouth 2016 in May.