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🗞️ Butter chicken
Coles has merged two staples into a single $14 bag, launching a limited-edition butter chicken flavour for its iconic hot roast chook.
Pick & Scroll News
July 09, 2026
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Good morning. Coles has merged two staples into a single $14 bag, launching a limited-edition butter chicken flavour for its iconic hot roast chook.
The supermarket is hoping this chook will be a cost-of-living solution for Aussies cutting back on takeaway, conveniently replacing the discontinued Peri-Peri bird.
Don’t forget that Coles scrapped their "hot chicken promise" earlier this year, so you no longer get a voucher for a free chicken if the rack is empty.
All the headlines and more below…
AUSTRALIANS RACK UP $19.4B IN INTEREST-ACCRUING CREDIT CARD DEBT.
Australians collectively pay an estimated $10M a day in credit card interest, as the total amount accruing interest climbed to $19.4B in May. Total credit card transactions hit $29.9B for the month, up $1.1B, while debit card spending fell to $59.6B.
If cardholders maxed out their limits and carried those balances, the collective daily interest bill would jump to around $55M at the current average rate of 18.61%.
Canstar says more households are turning to credit to stay on top of bills as cost-of-living pressures continue.
AUSTRALIAN NEWS
Economists say Australia has avoided a recession as de-escalation of the Middle East conflict has driven oil prices back to prewar levels and excise cuts have cushioned households. LINK
The RBA has warned Australia may need a period of low inflation and higher unemployment, with Deloitte forecasting joblessness near 5% by 2028 before interest rates fall. LINK
The Australian government has expanded AML/CTF laws from 1 July to cover real estate roles, aiming to close money laundering gaps that cost Australians up to $82B a year. LINK
The Department of Employment and Workplace Relations has found in that Australia's job market remains strong, although AI-exposed roles like telemarketers show early weakening. LINK
Australians have added US$1.1B in May credit card charges as RBA data shows US$19.4B accruing interest, costing an estimated US$10M a day in interest payments. LINK
A nationwide mobile network outage that began before 5am on 8 July and affected millions of users has now been restored by Telstra, after halting regional train services and disrupting EFTPOS and Triple Zero calls. LINK
Australian mortgage competition has intensified as 18 lenders cut variable and fixed home loan rates, led by Bendigo Bank and AMP Bank, despite the RBA holding the cash rate at 4.35%. LINK
TELSTRA OUTAGE CUTS TRIPLE ZERO ACCESS NATIONWIDE.
Telstra's mobile network went down nationwide before 5am on 8 July, disrupting Triple Zero calls, EFTPOS payments, and regional trains across Victoria and NSW. Which part of the network failed first isn't fully clear yet, though early reports point to a timing-node malfunction.
A single network fault took down emergency calls, payments, and public transport in one hit, exposing how much of the country's basic infrastructure now runs through one carrier's mobile network.
COMPANY NEWS
G8 Education is being sued by the Fair Work Ombudsman over allegations it underpaid more than 1,400 staff by over $2M between June 2020 and July 2022, a case that follows the company's own earlier self-reported payroll errors. LINK
Who Gives A Crap has suspended the AI tool used for some customer emails after it incorrectly told a subscriber their toilet paper delivery price would more than double while actual increases were only by a few dollars. LINK
Foxtel, Nine Entertainment and the NRL have finalised a record-breaking 7-year US$5.3B broadcast rights agreement after months of tense, last-minute negotiations in Sydney. LINK
Adairs has forecast a non-cash impairment of up to US$60M after tax on its Focus on Furniture chain, resulting in an expected FY26 net loss of about US$43M. LINK
Virgin Australia CEO Dave Emerson has lifted his shareholding to almost $16M as the airline faces criticism over $93M in unclaimed Covid-19 credits. LINK
Raiz Invest delivered a financial turnaround into profitable territory and appointed fintech heavyweight Craig Keary as CEO from 1 June, succeeding Brendan Malone after 6 years. LINK
2026 AUSCORP SALARY SURVEY
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This is our biggest survey yet and the more people who contribute, the harder it gets for anyone to be underpaid without knowing it. Anonymous, takes 2 minutes, and the results go straight back to the community.
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ONE MORE SCROLL
Editor’s Pick: Mystery space balls wash up on Queensland beach, sparking hazmat response before Australian Space Agency IDs them as rocket debris.
Draft Pick: ‘Cannot get these wrong’: Maroons legend livid as Bunker clears controversial Blues try in huge moment.
Doctor’s Pick: Dentists see complications after Australians travel overseas for treatments they cannot afford here.
TRIVIA
Rank the five singers in terms of their monthly listeners:
Calvin Harris, Pink, A$AP Rocky, Drake, The Beatles.
Answers below
OUR SOCIALS
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ANSWERS
1. Drake ~99 Million
2. Calvin Harris ~80.8 Million
3. A$AP Rocky ~39 Million
4. The Beatles ~36 Million
5. P!nk ~34 Million
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