🗞️ 83 hotdogs in 10 minutes

After months on the run, a murder suspect falls through the ceiling and into custody.


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Good morning. Joey Chestnut was banned from the Nathan's Famous International Hot Dog Eating Contest when he became sponsored by a rival brand. Netflix, who are moving into live sports streaming, jumped on the opportunity and bought Kobayashi out of retirement for a Federer v Nadal epic.


You can watch the somewhat disturbing finish here as Chestnut gets a world record and beats Kobayashi with 83 hotdogs in 10 minutes.


Kobayashi mentioned in an earlier documentary, ironically called, "Hack Your Health: The Secrets of Your Gut" that he no longer felt hunger after the estimated 10,000 hot dogs he has consumed in his career.


All the headlines and more below...

AUSTRALIAN NEWS

How law firms lure and keep staff with gyms, cash and other perks

  • Australia's top-tier law firms have granted significant pay rises, especially for graduates and are offering a range of work perks, including free gyms, bonuses and flexible work options to attract and retain talent. LINK

  • A Brisbane air traffic controller was found asleep on the job due to fatigue from consecutive night shifts. LINK

  • Australia's early education sector urgently needs 21,000 more qualified childhood educators to meet staffing demands. LINK

  • The CFMEU has launched a High Court challenge against the government. LINK

  • Homeowners in NSW are rushing to buy batteries to avoid new fees on excess solar energy. LINK

  • Lithium-ion batteries are increasingly causing house fires that are more intense and difficult to extinguish. LINK

  • The NSW Labor government has ruled out applying payroll tax to the profits of big four consulting firm partners. LINK

  • The Transport Workers' Union will disband its VIC and TAS branch after an independent investigation uncovered significant operational and cultural issues. LINK

GLOBAL NEWS

New Zealand triples fees for foreign tourists

  • New Zealand will nearly triple entry fees for foreign tourists to NZ$100 (A$91.90) starting October 1, to help manage the impact of tourism on its natural environment and infrastructure. LINK

  • Brazil's Finance Ministry plans to propose taxing big tech companies and implementing a global minimum tax of 15% on multinationals to meets its FY25 revenue targets. LINK

  • Iron ore prices have fallen below US$100 a tonne as stockpiles at Chinese ports grow. LINK

  • Major tech firms saw declines in market value in August due to concerns over rising AI infrastructure costs and recession risks. LINK

COMPANY NEWS

Cathay Pacific inspections find 15 A350s need engine parts replaced

  • Cathay Pacific Airways found that 15 of its aircraft needed component replacements, resulting in the cancellation of 34 round-trip flights. LINK

  • BMW is recalling over 140,000 electric Mini Cooper SE vehicles worldwide due to battery issues that could lead to fires. LINK

  • Coles is outperforming Woolworths in key areas such as stock availability, lower theft and better value for shoppers. LINK

  • Coles is trialling a rebranding of its liquor stores under the single 'Liquorland' banner to better compete with rivals BWS and Dan Murphy's. LINK

  • CSL is using AI to accelerate drug development and create more personalised treatments. LINK

  • Google and Samsung have released new smartphones that closely resemble Apple's iPhone, with Google's Pixel 9 series featuring a similar design. LINK

  • Healthscope will launch a nationwide advertising campaign accusing health insurers, particularly Bupa, of under-funding hospitals. LINK

  • KPMG Australia has set sales targets for its consultants, directing them to prioritise profit-generating work for the firm over individual targets. LINK

  • Myer will close most of its Sass & Bide boutiques, bringing the fashion brand exclusively into its department stores. LINK

  • Star Entertainment is in crisis talks to avoid collapse after the NSW government rejected its request for financial assistance. LINK

  • A Virgin Australia flight attendant who was dismissed for drinking prosecco before a shift has won a legal battle for reinstatement. LINK

  • Volkswagen is considering closing factories in Germany for the first time in its 87-year history due to falling sales and profitability issues, amid increased competition from Asia. LINK

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CHART OF THE DAY

Gross margin, 12-month rolling, adjusted (%)

TRIVIA

Happy Birthday Queen Bey


Happy birthday to Beyoncé today who turns 42. Beyoncé is 12 years younger than her husband Jay Z at 54 years old.

Do you know the age gap of the four couples below?

  1. Blake Lively & Ryan Reynolds:

    a) 1 year
    b) 5 years
    c) 10 years

  2. Alec & Hilaria Baldwin:

    a) 8 years
    b) 17 years
    c) 26 years

  3. Donald Trump & Melania Trump:

    a) 24 years
    b) 30 years
    c) 35 years

  4. Nick Jonas & Priyanka Chopra:

    a) 11 years
    b) 17 years
    c) 23 years


Answers below

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ANSWERS

1. c) 10 years. Blake is 37 and Ryan is 47, married for 12 years
2. c) 26 years. Alec is 66 and Hilaria is 40, married for 12 years
3. a) 24 years. Donald is 78 and Melania is 54, married 19 years
4. a) 11 years. Nick is 31 and Priyanka is 42, married for 5 years


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