- Pick & Scroll News
- Posts
- 🗞️ A business date
🗞️ A business date
The Tokyo Government is moving to a 4 day work week but not for the reasons you may think.
Pick & Scroll News
December 16, 2024
Was this email forwarded to you? Sign up here
|  |
Good morning. The Tokyo Government is moving to a 4 day work week but not for the reasons you may think.
In aid of an ageing population, the Tokyo Government is looking to give people more time back to help boost... 'fertility rates'.
For a population to remain stable, it needs a fertility rate of 2.1 and with Japan sitting at 1.2, they need some more activity now to support their ageing population in the future.
All the headlines and more below...
AUSTRALIAN NEWS
RSPCA reports year-long wait to surrender animals as people give up their pets due to cost of living pressures
RSPCA NSW has reported a 12-month waiting list for pet surrenders whilst its shelters have reached capacity, as 33.3% of surrenders are due to owners' financial stress and 20% are linked to rental concerns. LINK
Victorian homeowners to face doubled fire services levy and EV owners to lose registration discounts, while gas connections in new buildings will be banned, with cooktops receiving exemptions from these requirements. LINK
The number of billionaires in Australia has increased to 43, with female billionaires rising 150% over a decade as collective wealth grew 16.3% to $201.8B. LINK
Sydney has recorded its lowest preliminary auction clearance rate of 2024 at 50.7% during the final auction weekend. LINK
Australia's charitable sector has received $13B in donations from 4 in 5 individuals whilst engaging 4 million volunteers in 2023 LINK
The sparkling water industry has received a health warning as dental experts have concluded that carbonated water may erode tooth enamel, containing similar acidic properties to soft drinks. LINK
Australia’s table grape industry has grown to nearly US$1B as exports to China remain strong despite wine tariffs. LINK
Leaked data has shown that Andrew Tate's financial education platform has attracted a growing number of subscribers in Australia. LINK
GLOBAL NEWS
Donald Trump named Time’s 2024 ‘Person of the Year’
Donald Trump has been named Time Magazine's 2024 'Person of the Year,' whilst outlining positions on vaccines, deportation and Ukraine. LINK
North Korean IT workers have infiltrated Australian and US businesses using stolen or AI-generated identities, leading to US indictments against 14 individuals linked to sanctioned DPRK front companies. LINK
The London Stock Exchange has experienced its largest exodus since the GFC, with 88 companies departing or transferring their primary listing in 2023, while only 18 new listings have joined, as firms are increasingly attracted to New York. LINK
COMPANY NEWS
Supermarkets tread carefully this Christmas
CBA’s share price has risen 39% this year, trading above $160 to become the world's most expensive bank stock. LINK
Woolworths and Coles have launched cautious 2024 Christmas campaigns amid legal challenges over alleged price-gouging and misleading discounts. LINK
Nine Entertainment and News Corp Australia have successfully lobbied to include ByteDance in revised government media bargaining rules, potentially leading to commercial agreements and a "TikTok tax." LINK
Ian Bailey, current Wesfarmers' Kmart Group leader, is set to chair Anko Global, aiming to expand Kmart's home-brand internationally. LINK
Insignia Financial has received a $2.68B takeover bid from Bain Capital, subject to various approvals. LINK
Amazon plans to donate US$1.6M to Donald Trump's inaugural fund, following Meta's lead, as tech companies seek to improve relations with the incoming administration. LINK
Telstra has decided against acquiring Spark, New Zealand's largest telecom provider. LINK
Two Steadfast Group employees are under ASIC investigation for potential insider trading between August 30 and September 2, 2024. LINK
Rio Tinto has invested $3.9B in its Rincon lithium project in Argentina, doubling its lithium commitment despite falling prices. LINK
Vanguard has criticised Bitcoin as unsuitable for long-term investment portfolios, despite superannuation expectations of increased cryptocurrency adoption. LINK
Iress has reaffirmed its upgraded full-year earnings guidance of $126M to $132M following strategic divestments and announced dividend reinstatement. LINK
ONE MORE SCROLL
Editor’s Pick: Best Rankings of apples according to Applerankings.com.
Odd Pick: Three babies committed speeding offences, Irish records show.
TRIVIA
Did someone say…
Colonel Harland Sanders, founder of KFC, died on this day in 1980 after living for 90 years.
Can you put the below fast food chains in order of number of stores in Australia:
Hungry Jacks, Dominos Pizza, McDonald's, KFC, Bakers Delight & Subway.
Answers below
IN PARTNERSHIP WITH
 | Your go-to for insights into corporate Australia sourced from our AusCorp community and delivered to you without the red tape and corporate fluff 🔥 |
Looking for a collab? Shoot us an email here.
OUR SOCIALS
 |