🗞️ Chicken nuggets

Turns out if you eat nothing but chicken nuggets for 15 years, things won't end so well.

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Good morning. Turns out if you eat nothing but chicken nuggets for 15 years, things won’t end so well.


A British teenager, Stacey Irvine, didn't think her nugget obsession was a big deal, until she collapsed and ended up in hospital.


Stacey's mum... backed her up, "but she says she can't eat anything else," so that's a relief they are aligned!


All the headlines and more below...

AUSTRALIAN NEWS

The costs of bank loyalty and a set-and-forget transaction account

  • Australians with legacy transaction accounts are losing money as most top 10 banks pay no interest and charge fees if conditions are unmet. LINK  

  • Social media and AI platforms hold the lowest ethical trust in Australia as TikTok rates worst. LINK  

  • Major investors are shifting focus from short-term AI trends to long-term plays in healthcare, defence and infrastructure backed by government funding. LINK 

  • An $18B budget windfall from stronger jobs and wages may be insufficient to trigger a rate cut as inflation pressures persist. LINK 

  • Burwood in Sydney is leading a revival of the city’s night economy, ranking 16th globally for neighbourhood vibrancy. LINK

  • The Melbourne city council is targeting derelict CBD buildings for demolition or public repurposing as it aims to revitalise the urban core and combat underdevelopment. LINK  

COMPANY NEWS

YouTube risks losing viewers as it chases ad spend

  • YouTube is launching 60-second unskippable ads on connected TVs as it holds a 96% adult reach across Australia to capture ad spend from TV. LINK

  • A security breach at McDonald’s related to its AI hiring tool has exposed wider risks. LINK

  • Wendy’s plans to open 200 Australian restaurants over the next 10 years as strong local demand followed its Brisbane debut. LINK

  • ASIC has fined Rest $37,560 for misleading 2,000 members about insurance cover as part of wider super fund enforcement. LINK

  • Wine brand Jacob’s Creek is renewing its Australian Open sponsorship with Asian events and branded storytelling to reconnect with consumers via a wine bar. LINK

  • Fanatics will take its trademark dispute with FanFirm to the High Court after earlier rulings barred its branding across Australia. LINK

  • Australian Retirement Trust defaulted on a US office loan for a former Microsoft complex as rising vacancies and hybrid work trends risk a $457M hit. LINK

CHART OF THE DAY

The long road to gender equality

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