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- Bupa's 9-Day Fortnight, Musk's Ketamine Use, and Audi
Bupa's 9-Day Fortnight, Musk's Ketamine Use, and Audi
Rising workplace drug use, Electricity bills to fall for Aussies, and Amazon to open beauty and personal care store in Italy.
Pick & Scroll News
March 20, 2024
One Read, All Perspectives
Australian News
Concerns arise over the impact of aged care workers' pay rises on other industries and taxpayer subsidies. LINK
Supermarket breakup could harm consumers, say business leaders, opposing a Greens-led push for divestiture laws. LINK
RBA maintains cash rate at 4.35%, stating the future path of interest rates is uncertain. LINK
Pensioners face potential income reduction as deeming rates may increase, affecting Centrelink pensions and benefits. LINK
New housing supply to hit a decade low, worsening affordability and leaving the government behind on housing targets. LINK
Work from home trends highlight economic inequalities, with white-collar workers more likely to have remote work options. LINK
RBA rate hold expected to drive further property price growth amid economic slowdown. LINK
Electricity bills to decrease for most Australian households from July 1, providing some relief in the cost-of-living crisis. LINK
3G mobile network shutdown raises concerns for rural and remote Aussies losing key phone services. LINK
Flooding impacts food supply to Ngaanyatjarra Lands in WA, forcing truck detours. LINK
Global News
Company News
Elon Musk defends his ketamine prescription as beneficial for investors, stating it improves his mood and execution capabilities. LINK
Nvidia announces new 'super chip' Blackwell, aiming to bolster its AI computing dominance. LINK
Audi unveils all-electric Q6 e-tron SUV, expanding its electric vehicle lineup. LINK
Amazon benefits from 'loopholes' in Australian Labor law changes, potentially enhancing its delivery efficiency. LINK
Kathmandu delays global expansion after sliding into the red, plans product revamp. LINK
Cettire overhauls policies to address investor concerns, changing how it discloses duties. LINK
Bupa trials nine-day fortnight, joining companies experimenting with shorter work weeks. LINK
KMD Brands CEO says Kathmandu needs to evolve beyond winter apparel reliance. LINK
Boral rejects Seven Group's $3.1 billion takeover bid, stating the offer undervalues the company. LINK
Telstra faces national outage after a software upgrade, affecting some mobile calls. LINK
Amazon to open beauty personal care store in Italy. LINK
Other News
Workplace drug use is criticised as workaholism, not biohacking, with increasing reports of executives and high-pressure professionals using substances to boost performance or creativity, posing risks of addiction and health issues. LINK
This Week’s Top News
Farmers hold $6 billion in tax haven accounts despite a smaller grain harvest and fluctuating cattle prices. LINK
Unions target small businesses through women, posing a risk to flexible work arrangements. LINK
Smart home device sales rise despite privacy and cost concerns, items vary from internet-connected fridges and washing machines, to smart speakers. LINK
Retrenchments are expected to rise among middle managers due to spiralling operating costs. LINK
ATO pursues $34 billion in small business debts post-COVID, raising insolvency concerns. LINK
MYOB predicts insolvency risk for over 20% of SMEs due to new payday super laws, highlighting challenges of simultaneous superannuation and wage payments. LINK
Shortfall in student accommodation as international student numbers rise, with an expected annual gap of 7,000 beds. LINK
PwC seeks buyers for its Indigenous Consultancy amidst firm-wide restructuring and scrutiny. LINK
Australian Grand Prix to surpass $100 million in revenue, with tickets sold out, partially driven by Netflix's series 'Drive to Survive'. LINK
"Oppenheimer" achieves success at the Oscars and box office, but its release in Japan brings controversy over the portrayal of J. Robert Oppenheimer. LINK