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🗞️ Aeroplane jelly
Just as American sports leagues stake a claim to "World Champions" when their teams win a national title, an Australian-based aviation agency grants itself the right to award the World's Best Airline — because it can.
Pick & Scroll News
February 11, 2025
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Good morning. Just as American sports leagues stake a claim to "World Champions" when their teams win a national title, an Australian-based aviation agency grants itself the right to award the World's Best Airline — because it can.
The title of World's Best Airline was awarded to Korean Air, after taking a novel approach and committing to "passenger comfort." Korean Air dethroned Qatar Airways, which placed second, with Air New Zealand rounding out the top three.
The full list of airlines to fly with—and those to avoid—is here.
All the headlines and more below...
AUSTRALIAN NEWS
Debate around hybrid and WFH arrangements persists amid ongoing push to return to office
Major employers are mandating 4-day office attendance as return-to-office policies strengthen. LINK
Half of Australian university students report financial struggles impacting their studies as education costs rise. LINK
1 in 6 Australian children lives in poverty as cost-of-living pressures impact essential education expenses. LINK
Corporate Australia faces increased litigation risks as artificial intelligence adoption accelerates across businesses. LINK
A rise in lithium-ion battery fires has prompted NSW fire authorities to issue urgent safety warnings. LINK
GLOBAL NEWS
All of Donald Trump's tariffs and threatened trade actions
The US plans to implement a 25% tariff on steel and aluminium imports as trade tensions escalate with a potential to impact Australian smelters. LINK
COMPANY NEWS
CBA cracks down on ‘coffee badging’, Woolies joins WFH push
CBA introduced a 4-hour minimum office attendance requirement whilst cracking down on brief workplace visits as major employers push to reduce remote work. LINK
Woolworths is requiring support staff to work 3 office days weekly to enhance collaboration. LINK
Star Entertainment has allegedly breached money-laundering rules by approving a $20M credit extension to a known criminal. LINK
Adore Beauty has opened its first physical store to expand beyond online retail. LINK
WiseTech Global has confirmed 2 new complaints against founder Richard White since his board clearance. LINK
CBA and Telstra have launched fraud-detection technology to prevent identity theft. LINK
JPMorgan and Evercore have surpassed Morgan Stanley as top competitors to Goldman Sachs in Wall Street's M&A advisory sector. LINK
Afterpay has launched a financial responsibility campaign whilst reporting 23% transaction growth in Q3 FY24. LINK
KKR is eyeing an $8B takeover of Australian office landlord Dexus amid market downturns. LINK
Shiseido reported a 73% drop in profit to ¥7.58B ($49.9M) for FY24 due to weak Chinese consumer spending. LINK
Ansell has upgraded its outlook with a a 30% increase in first-half sales to $1.02B with plans to increase prices to counter US tariffs on Chinese imports while relocating some manufacturing operations. LINK
BlueScope Steel expects to benefit from new US steel tariffs through its American operations. LINK
Generation Development Group is acquiring Evidentia Group for $320M to become the largest outsourced investment advice provider. LINK
Car Group reported a 5% increase in first-half profit to $123M driven by Latin American growth. LINK
CHART OF THE DAY
ONE MORE SCROLL
Editor’s Pick: All the Super Bowl 2025 ads that had people around world glued to their screens.
Draft Pick: The Philadelphia Eagles are Super Bowl champions, beating the Kansas City Chiefs 40-22.
Odd Pick: Flew drone drunk – sentenced for flying under the influence.
TOGETHER WITH
Looking for a fresh team-building activity? Tired of the same old amazing races and escape rooms? Or perhaps you're searching for a unique and unforgettable Valentine's Day date?
We’ve got you covered with Corporate Cuddles and Puppy Yoga 🐶
TRIVIA
Big Bucks Down Under: Ranking Australia’s Highest-Paid Athletes!
Australian, Jordan Mailata, won the Super Bowl with the Philadelphia Eagles. Despite not being the biggest household name in Australian sport, he is being paid well for his career choice.
We have taken 5 names from a list of GQ's top 15 highest paid Australian athletes of 2024. Can you put them in order from most paid to 'least'?
Daniel Ricciardio, Jordan Mailata, Ben Simmons, Josh Green, Cameron Smith (golfer).
Answers below
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ANSWERS
1. Ben Simmons (1st)
2. Jordan Mailata (2nd)
3. Josh Green (3rd)
4. Daniel Ricciardio (8th)
5. Cameron Smith (9th)
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