🗞️ Additional charges

Just when you thought airlines couldn't squeeze another dollar out of you, the Canadian airline, WestJet proves us wrong.

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Good morning. Just when you thought airlines couldn't squeeze another dollar out of you, the Canadian airline, WestJet proves us wrong.


WestJet will soon be charging passengers on their new aircraft for the ability to recline their seats.


We're waiting for the additional charges to come if you want a qualified pilot or not.


All the headlines and more below...

AUSTRALIAN NEWS

Centrelink reminder over $1,132 dental cash as Aussies urged to check their balance before it 'runs out'

  • Australia’s first-home buyer scheme now allows low-deposit purchases without mortgage insurance as city and regional subdivisions become top property targets. LINK

  • Centrelink is urging parents to use up to $1,132 in free dental benefits under the Child Dental Benefits Schedule before the 2025 expiry. LINK 

  • Homeowners who avoided refinancing since April 2022 could pay up to $376,800 extra on a $1M loan due to higher loyalty interest rates. LINK  

  • The government launched a new NDIS Support Needs Assessment to guide participant planning as families fear changes affecting autistic children. LINK 

  • Australian companies have increased activity in ASEAN, the Middle East and India by 70% over 3 years as global trade shifts post-tariffs and regional growth accelerates. LINK

  • 66% of Australian workers see AI as an ethical issue and nearly 50% fear job loss, as strong support remains for upskilling and retraining by employers. LINK 

  • The Tasmanian government is pushing ahead with the $1.13B AFL stadium despite a planning rejection as it argues the project’s cultural value outweighs potential planning issues. LINK 

  • Australia’s free-to-air TV ad market contracted nearly 10% in 2025 as advertisers favour digital media and billboards. LINK  

GLOBAL NEWS

US port fees, and $3 billion in costs, loom for owners of Chinese-built ships

  • The US will impose new port fees from October 14 on China-built ships, potentially costing top carriers $3.2B a year to fund domestic shipbuilding. LINK 

  • Chinese chipmakers purchased US$38B in advanced tools in 2024, prompting US calls for tighter export rules due to regulatory loopholes. LINK

COMPANY NEWS

Hundreds of Australian writers in line for AI copyright compensation

  • Anthropic has agreed to pay Australian authors including Trent Dalton and Helen Garner about $4,500 per book after using over 500,000 books without permission to train its AI. LINK

  • Revolut launched the first Australian debit card rewards program as it lets users earn points on daily spending for discounted flights and gift cards without needing a credit card. LINK 

  • Salesforce told customers it will not pay the ShinyHunters ransom despite the hacking group threatening to release stolen client data. LINK 

  • Qilin ransomware group claimed to have stolen 27GB of sensitive data from Asahi, disrupting operations for more than a week. LINK 

  • Toyota is testing a compact drone system to help drivers navigate off-road terrain as outlined in a filing with the FAA. LINK 

  • Tesla launched cheaper Model Y and Model 3 versions priced at $39,990 and $36,990 respectively, as it works to regain EV market share amid tough rivals. LINK

  • Google is disrupting traffic and revenue models by using AI search features, causing the open web to face its largest change in 20 years. LINK 

  • Glencore paid below Australia’s corporate tax rate last year while Optus sent emergency outage notices to an inactive government email, causing regulatory concerns. LINK

  • Lifestyle Communities reported slightly higher quarterly sales and lower inventory levels amid navigating a challenging housing market and recent VCAT decision. LINK 

  • Magellan Financial Group lifted its assets under management by $600M in Q3 FY24 as institutional inflows jumped $1.2B. LINK

  • NRW Holdings raised its FY26 revenue guidance beyond $4B as it completed a $200M Fredon Industries buyout and gained momentum early. LINK

  • The federal government has granted Glencore a $600M bailout to protect Mount Isa’s copper operations and over 1,000 jobs as long-term investments become a requirement. LINK

CHART OF THE DAY

The data centre dividend

ONE MORE SCROLL

Editor’s Pick: Smartphones can be a pain in the butt when used in the bathroom.

Draft Pick: Explicit 'Silly Sunday' Stephen Hawking stunt sees football club facing expulsion.

Odd Pick: Why explaining your problems to a rubber duck actually works.

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BRAINTEASER


Today you have to guess the price of the house below.


The house is located in Bayview, Sydney. It has 7 bedrooms, 8 acres, swimming pool, tennis courts and only 40 minutes from the city. How much is the house on the market for?


Answer below

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ANSWER

$18 million. Link and info here in case you are interested.


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