🗞️ Back & better

Good morning. Glastonbury wrapped up overnight, which will leave many tired festival-goers across South West England.

One of the festival’s stand-out moments was Lewis Capaldi’s emotional return to the stage. He hadn’t performed at Glastonbury since 2023, when vocal issues forced him to cut his set short amid his ongoing battles with mental health and Tourette’s.

We hope you have a great start to your week!

All the headlines and more below...

AUSTRALIAN NEWS

Air rights sales grow in high-end suburbs

• Sydney homeowners are purchasing air rights to protect views whilst the government reforms allow more high-rise development. LINK

• The national energy operator warns of potential prolonged blackouts due to insufficient grid-stabilising technology investment as coal plants close. LINK

• Australia's financial adviser numbers have fallen to 15,488 from 25,000 in 2019, raising concerns about professional advice accessibility. LINK

• SA has delayed its non-compostable plastic fruit sticker ban due to economic pressures on local growers. LINK

• An Australian scam trap has exposed credit card fraud through a fake retailer hotline. LINK

• Iranian hackers are increasingly targeting Australian critical infrastructure using aggressive techniques like MFA push bombing amid rising tensions. LINK

GLOBAL NEWS

Donald Trump declines Amazon founder Jeff Bezos’ invitation to high profile wedding

• Donald Trump has declined Amazon founder Jeff Bezos' invitation to his Venetian wedding. LINK

COMPANY NEWS

Woodchips from endangered possum habitat sold to Domino's for woodfired pizza

• Domino's marketing of smokehouse pizzas has breached environmental certification rules through unsustainable logging practices. LINK

• Qantas will receive its first ultra-long-range A321XLR aircraft next week to expand domestic fleet capacity. LINK

• Super Retail Group has denied whistleblower claims of a CEO affair in its legal defence filing. LINK

• Unilever is acquiring Dr Squatch for US$1.5B to expand its men's grooming portfolio. LINK

• Xiaomi's new YU7 electric SUV has received 240,000 initial orders as it competes with Tesla in China. LINK

• Shell has formally ruled out bidding for BP over the next 6 months despite strategic uncertainty. LINK

• ANZ Bank has engaged McKinsey for a cultural review following regulatory criticism and a $1B capital buffer from APRA. LINK

• Palantir will receive $100M from The Nuclear Company to develop AI software for nuclear plant construction over 5 years. LINK

• Woolworths will close its MyDeal website by 30 September with closure costs up to $100M to reduce online marketplace losses. LINK

• PointsBet has forecast FY25 revenue of $260M-$270M whilst supporting a takeover bid from MIXI. LINK

• Optus may close its Optus Sport service and review 100 jobs while finalising Premier League rights transfer to Nine's Stan. LINK

• Nike has announced plans to reduce China production whilst forecasting stronger revenue despite facing US$1B in new US tariff costs. LINK

• The Nintendo Switch 2 has become the fastest-selling console with 3.5 million units sold in 4 days. LINK

CHART OF THE DAY

The deadliest national parks in the US

ONE MORE SCROLL

Editor’s Pick: If you have a spare 3 minutes, here is a cool video on how they made Colin Farrell into The Penguin.

Draft Pick: Ilia Topuria knocks Charles Olivera out in Round 1 to claim the lightweight belt and become double champ.

Odd Pick: Jennifer Lopez sued in copyright case for posting photos of herself.

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TRIVIA

With Glastonbury kicking off their 39th festival over the last few days, our trivia is all things Glasto. Good luck and have a good Monday.

1. In what year was the first Glastonbury Festival held?

   A) 1963

   B) 1970

   C) 1977

   D) 1984

2. Which legendary guitarist played the first Glastonbury Festival the day after Jimi Hendrix died?

   A) Eric Clapton

   B) David Gilmour

   C) Marc Bolan

   D) Al Stewart

3. In which English county is Glastonbury Festival held?

   A) Devon

   B) Dorset

   C) Somerset

   D) Wiltshire

4. Who was the first female solo headliner of Glastonbury?

   A) Beyoncé

   B) PJ Harvey

   C) Suzanne Vega

   D) Sheryl Crow

5. Which American rapper was a controversial headliner in 2008, sparking backlash from Noel Gallagher?

   A) Eminem

   B) Jay-Z

   C) Kanye West

   D) Snoop Dogg

Answers below

OUR SOCIALS

ANSWERS

1. B) 1970
2. C) Marc Bolan
3. C) Somerset
4. C) Suzanne Vega
5. B) Jay-Z

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