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🗞️ Bonus week
We hope you had a great week and you are now looking forward to the extra $5 a week in 2026 from the latest budget announcement.
Pick & Scroll News
March 28, 2025
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Good morning. We hope you had a great week and you are now looking forward to the extra $5 a week in 2026 from the latest budget announcement.
With the exciting budget headlines aside, our favourite headline this week goes to the latest ChatGPT hallucination:
'Norwegian files complaint after ChatGPT falsely said he had murdered his children and spent 21 years in jail.'
All the headlines and more below...
AUSTRALIAN NEWS
Labor to push ahead on local streaming quotas despite Trump trade fears
Labor plans to enforce local content quotas on Netflix and Amazon despite potential US trade tensions. LINK
Australia's high migration has helped avoid a recession whilst contributing to inflation and housing costs. LINK
The Australian Electoral Commission cleared Gazette News of breaching election laws following a Coalition complaint. LINK
Australia's homeownership ideal is becoming increasingly unattainable as property costs force more long-term renting. LINK
NT's Country Liberal Party has abandoned its 50% renewable energy target for 2030 despite previous bipartisan support. LINK
Australian companies are offering salaries between $250,000 and $500,000 for Chief AI Officer positions. LINK
Hair salon owners are opposing the ban on non-compete clauses whilst fearing client losses as employees leave their businesses. LINK
GLOBAL NEWS
Papua New Guinea blocks Facebook to 'limit' fake news and p*rn
Papua New Guinea has banned Facebook under its Anti-Terrorism Act to combat hate speech and misinformation. LINK
The UK's economic growth will halve to 1% in 2025 as Trump's tariffs threaten stability. LINK
Global market volatility has driven investors towards gold and bonds amid economic uncertainty. LINK
The 25% automotive import tariffs will escalate the global trade war whilst potentially increasing US car prices. LINK
COMPANY NEWS
HSBC lays off manager-level investment bankers on bonus day, withholds payouts
HSBC laid off manager-level investment bankers on bonus day and withheld payouts. LINK
Nine Entertainment confirmed 16,000 subscribers to The Sydney Morning Herald, The Age and The Financial Review had their names, postal addresses and email addresses exposed online due to a third-party supplier breach. LINK
Canadian retail chain Dollarama is acquiring The Reject Shop for $259M, a 112% premium whilst planning to double the store count to around 700 in Australia over the next decade. LINK
Bunnings is expanding its auto product range across 300 stores in 2025 while major brands resist participation. LINK
CBA is sending 200 tech engineers annually to work with Amazon and Microsoft in the US to enhance its AI capabilities. LINK
Rippling accused Deel of corporate espionage after a suspected spy attempted to steal information whilst competing for dominance in global HR tech. LINK
StrangeLove’s controversial soft drink advertisement, suggesting that millennials await inheritance for housing, has been pulled for age discrimination. LINK
ABC Melbourne has recorded its lowest radio ratings while KIIS FM's Kyle and Jackie O Show struggles to gain Victorian listeners. LINK
ONE MORE SCROLL
Editor’s Pick: Rolling Stones’ 100 best songs in 2024.
Draft Pick: ‘I’m responsible’: Cleary shoulders blame after ‘comical’ first half in loss to South Sydney.
Odd Pick: Football club forced to issue apology after holding minute’s silence for ex-player who is still alive.
TOGETHER WITH
Take what you’re doing offline and circle back on team wellness because real team bonding happens with puppies, not PowerPoint. Give your team an event they’ll actually look forward to with Puppy Yoga!
We’ve got you covered with Corporate Cuddles and Puppy Yoga 🐶
TRIVIA
Today is Respect Your Cat Day. Not that you don't respect your cat everyday but you can be extra 'respectful' today! If you're a cat lover then it's your opportunity to get 5 from 5 in today’s trivia and go into the weekend feeling superior to your dog loving friends. Good luck!
True or False: Most cats are lactose intolerant?
What is the name for a group of kittens?
What part of a cat is as unique as a human fingerprint?
Which sense is weakest in cats: sight, smell, hearing or taste?
Do cats have more or fewer bones than humans?
Answers below
OUR SOCIALS
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ANSWERS
1. True
2. A kindle
3. Their nose
4. Taste
5. More (cats have ~230 bones; humans have ~206)
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