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It may have been a while since you’ve left school but some school yard slang has reached our ears.

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Good morning. It may have been a while since you’ve left school but some school yard slang has reached our ears.


Dictionary.com has officially crowned “6-7” (pronounced six seven), a viral meme that has taken over the internet, as the 2025 Word of the Year, beating out actual words.


So if you wanted to sound dapper to your company’s summer vacationers today, make sure to slide it into your vocab over coffee.


All the headlines and more below...

AUSTRALIAN NEWS

Over 60% of SMSFs failed to meet legal duties to act in clients' best interests

  • ASIC found over 60% of self-managed super fund advice breached best interest obligations as many investors face high costs and risks. LINK

  • Soaring property prices in the Sydney market have driven tens of thousands of younger Australians to regional areas like the Central Coast as government programs such as the 5% deposit scheme expand access. LINK 

  • Infrastructure Australia has approved the development phase of a $250M+ high-speed rail connecting Sydney and Newcastle via the Central Coast whilst moving the project closer to build. LINK 

  • Employees in Sydney suburbs like The Rocks and Darling Point work over 46 hours weekly as these areas record the city's longest work weeks. LINK 

  • Australian work satisfaction is strongly linked to incentives as a study finds 79% say that value alignment boosts loyalty. LINK 

  • Confusion over AI-generated misinformation is rising in Australia as 67% of people now doubt online content. LINK

  • Housing Australia has completed only 889 of a planned 40,000 homes under a $10B scheme, as a risk-averse leadership hampers affordable housing delivery. LINK

  • Audit failures put Australia’s $4.3T superannuation industry at risk. LINK 

COMPANY NEWS

Optus loses thousands of customers’ service

  • Optus lost tens of thousands of NSW customers' service including emergency access, whilst a vandalised tower remains under investigation. LINK 

  • Microsoft is facing action in Australia after misleading 2.7M customers about AI subscription pricing, triggering refunds and potential fines. LINK 

  • Apple launched local reforestation and clean energy projects in Australia, aiming to cut emissions 75% by 2030. LINK 

  • Australia’s big banks are reviewing WFH policies as Westpac lost a Fair Work case over rejecting an employee’s remote work request. LINK 

  • NAB booked $6.76B in FY25 net profit while stronger second-half deposits and lending offset higher costs and impairments. LINK 

  • Breville will have moved a substantial part of its US-bound production from China by Christmas as it concludes 3 years of supply chain changes. LINK

ONE MORE SCROLL

Editor’s Pick: 12 kitchen cleaning mistakes microbiologists really wish you’d skip.

Draft Pick: Coach in the top flight of Serbian football tragically dies in the middle of a match due to a heart attack.

Odd Pick: Studying the wrong Caesar gets high school seniors out of a history exam.

TOGETHER WITH


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We’ve got you covered with Corporate Cuddles and Puppy Yoga 🐶

TRIVIA


We dive into house trivia this week. Can you guess how much the 4 bedroom property above sold for in Vaucluse?


Approx. 714 sqm land with sparkling swimming pool, sunny level lawn, alfresco courtyard, covered terrace living, sitting and family areas flow to the outdoors.


Dining area with space to seat 10 or more people chef’s kitchen with island bench
terrace & harbour view of Rose Bay study with built-in storage and access to master suite 3 more king-size bedrooms.


Answer below

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ANSWER

$10.2 million. Link here


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