Pick & Scroll News
Everything you need to know across Australian business, global and company news in a 2-minute read. You'll get Flat White every Tuesday and Pick & Scroll every weekday.
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Everything that happened in the last week, including record mortgage stress, 3.6 million households going hungry, and Aldi scrapping its bag checks.
Australian families now need 50.9% of their income to meet monthly mortgage repayments, a record high and well past the 30% threshold where the Australian Bureau of Statistics starts calling it stress.
At least 68 people are dead after a high-speed train slammed into the back of a stationary train 140km south of Madrid, one of Spain's worst transport disasters.
Self-represented cases in the Federal Court rose to 861 in the 2026 financial year, up 80% in a year and 150% in two, a surge the court has tied to lawsuits drafted with AI.
3.6 million Australian households went hungry in the past year, 100,000 more than the year before, with nearly seven in ten experiencing food insecurity for the first time.
Aldi has scrapped the compulsory bag checks at its self-serve checkouts after a survey found nearly 97% of its checkout staff had faced abuse or violence, most of it over the bag checks themselves.
Everything that happened in the last week, including NAB job cuts, Victoria's new auction laws, and Apple forced to open up the App Store.
Apple has been ordered to open iOS to third-party app stores and let Australians download apps directly from developers, after the Federal Court found it abused its market power to reduce competition.
Sydney's second airport takes its first commercial flight this Sunday, with seven airlines already signed up, including Singapore Airlines, Air New Zealand and Qatar Airways.
National Australia Bank is cutting 2,500 jobs - 6% of its workforce - by mid-2027, with half gone before Christmas and the rest following by June.
Anthropic, the company behind Claude, is committing 5% of its shares to a fund for the "public good" ahead of its stock market listing, with another 2% added for every 50% rise in the company's value above an undisclosed baseline.
About 2,400 people were arrested across France over the weekend as cost-of-living protests over fuel prices and public services turned into riots, with protesters in Marseille breaking into the city hall using a metal fence as a battering ram.
