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🗞️ A bold move
In a win for males that was definitely not needed.
Pick & Scroll News
November 21, 2024
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Good morning. In a win for males that was definitely not needed.
A high court law in the UK has established that calling a bald man “bald”, could potentially constitute sexual harassment.
Feel free to pass on the 'good news' to your bald follically challenged friend this morning.
All the headlines and more below...
PODCAST
🎧 Your morning wrap on-the-go LINK
AUSTRALIAN NEWS
Chronic collapse of property affordability hits locals hard, deters foreign buyers
An income of $172,000 now only allows buyers to afford half of the homes in Australia, down from 80% just 4 years ago, while those earning around $100,000 can access only 10% of the market. LINK
NSW government is negotiating with the Rail, Tram & Bus Union over pay and conditions for 14,000 train workers - the RTBU has demanded a 32% pay rise over four years, or 8% a year, while the government has offered a three-year agreement totalling 9.5% plus super. LINK
High interest rates and lower established housing prices have made older apartments more appealing. LINK
Wealthy private schools are increasingly targeted by hackers, while the average cost of cybercrime to small businesses have reached nearly $50,000 annually. LINK
Cybercriminals in Australia are employing new tactics including fake QR codes and AI-driven scams, with 87,000 cybercrime reports filed. LINK
Australian female CEOs earn $170,000 less than male counterparts, reflecting a 25% gender pay gap, according to new government data. LINK
A parliamentary inquiry has recommended imposing a digital platform levy on social media giants like Facebook to support media outlets and address disinformation concerns. LINK
Australia's critical infrastructure has experienced significant cyber threats, with over 11% of incidents targeting electricity and transport sectors. LINK
Australians face increased scam risks during Black Friday shopping, with fraudsters utilising fake retail websites and counterfeit gift cards. LINK
Chinese buyers remain the largest foreign purchasers of Australian residential real estate despite reducing acquisitions by 15%. LINK
"Colesworth," a blend of supermarket giants Coles and Woolworths, has been named Oxford University's Australian word of the year. LINK
COMPANY NEWS
Nick Scali first-half profit guidance at risk after container delays
Nick Scali's profits are at risk after the collapse of its logistics partner Lion Global Forwarding left 200 containers of furniture stranded at ports. LINK
Microsoft has introduced a new AI product, Azure AI foundry, for Australian companies to address challenges in AI implementation. LINK
NAB is restructuring its wealth management subsidiary JBWere. LINK
Web Travel Group has delayed its first-half results release until November 29 following its demerger from Webjet Group. LINK
ESSSuper has filed a lawsuit against Iress over alleged contract breaches and misrepresentations related to member payments. LINK
Charter Hall has warned of ongoing market headwinds, while maintaining its full-year earnings guidance and 6% distribution growth forecast for FY25. LINK
Downer EDI has secured $230M in new contracts for FY25, aiming to exceed FY24 performance despite challenging conditions and reduced Victorian government spending. LINK
Employment Hero faces criticism over workplace culture following controversial statements by its founder and cancelled initiatives. LINK
Rio Tinto is moving to fully acquire Energy Resources of Australia and manage the Ranger uranium mine near Kakadu National Park. LINK
Rio Tinto has apologised for workplace culture issues as a review by revealed ongoing concerns with bullying, sexual harassment, and discrimination. LINK
CHART OF THE DAY
US deficit by fiscal year in trillions of USD
ONE MORE SCROLL
Editor’s Pick: Fixing LED strip lights to the bottom of surfboards could deter attacks by great white sharks.
Draft Pick: Rafael Nadal and wife break down in tears after final match.
Odd Pick: Robot manufacturer has 12 robots ‘kidnapped’ from showroom by another robot.
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TRIVIA
Call me maybe
We say happy birthday to Carly Rae Jepsen today who turns 38. Given her other hits, her 'Call Me Maybe' (banger) song doesn't go into the one-hit wonder category, but we thought one-hit wonders would make for a good trivia.
We've provided the one-hit wonder, can you provide the artist who provided it?
Who Let The Dogs Out
Mambo No. 5
Bittersweet Symphony
I'm Too Sexy
Macarena
Answers below
OUR SOCIALS
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ANSWERS
1. Baha Men
2. Lou Bega
3. The Verve
4. Right Said Fred
5. Los Del Rio
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