Annual celebration (3,4)

I think it could be either:

Which length description are you looking for?:

3,4

9,5

new year

(Other definitions for new year that I've seen before include "different diary now?" , "January 1st" , "Early days?" , "Resolve now" , "This is only five days old" .)

I've seen this clue in The Sun, the Sydney Morning Herald and the King Feature Syndicate.

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