🗞️ Chief snuggle officer

Purina is looking to broaden out their C-Suite team with a Chief Snuggle Officer.

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Pick & Scroll News
February 27, 2025

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Good morning. Purina is looking to broaden out their C-Suite team with a Chief Snuggle Officer. Six pet finalists have been named and you can check out the competition here (Pudim is comfortably the early favourite in our eyes).


The new CSO does not need any prior C-Suite experience yet will earn a salary of $25,000. Key responsibilities of the Chief Snuggle Officer includes "promoting good nutrition, growth, and lots of play." Sounds reasonable.


All the headlines and more below...

AUSTRALIAN NEWS

The number of companies leaving the ASX in the past 2 years has surged

  • The ASX has experienced its highest company exit rate since the early 1990s over the past 2 years. LINK

  • ASIC's private markets review has raised concerns about investment structures, liquidity risks and investor protections. LINK

  • 70% of Australians support renewable energy expansion while political parties debate net zero pathways. LINK

  • Australian electricity prices increased by 8.9% in January as government rebates wind down. LINK

  • Australian inflation has remained at 2.5% in January whilst the RBA's preferred measure increased to 2.8%. LINK

  • Health insurance premiums will rise by 3.73% on April 1 for 15M Australians as living costs increase. LINK

  • Australian banks are implementing policies to prevent financial abuse that costs victims $5.7B annually. LINK

  • The superannuation industry's member switching flexibility is limiting private asset growth while corporate listings decline. LINK

GLOBAL NEWS

Tech titans kill off Silicon Valley’s once-proud activism

  • Silicon Valley tech leaders are shifting workplace culture away from progressive activism following Trump's re-election. LINK 

  • UK farmers face a severe cashflow crisis due to rising costs, labour shortages and Brexit policy changes. LINK 

COMPANY NEWS

Atlassian says being messy could get you fired

  • An Atlassian survey revealed that two-thirds of workers would terminate disorganised colleagues due to productivity concerns. LINK

  • WiseTech has appointed Richard White as executive chairman whilst breaching ASX listing rules after independent directors resigned. LINK

  • ASIC has launched an investigation into WiseTech following media-raised concerns. LINK

  • Apple's dictation system has mistakenly transcribed 'racist' as 'Trump' due to a phonetic AI error. LINK

  • Apple shareholders have rejected a proposal to abandon workplace diversity programs. LINK

  • EY will reduce its consulting workforce by 100 staff due to advisory demand slowdown. LINK

  • Woolworths reported a 21% profit drop due to inflation-affected consumers shifting spending patterns and pre-Christmas distribution centre strikes whilst announcing a $400M cost-cutting plan. LINK

  • Scentre Group is planning residential tower developments around its Westfield shopping centres to boost visitor spending. LINK

  • Warner Bros. Discovery will launch its streaming service Max in Australia on March 31 through a Foxtel Partnership with ad-supported and ad-free options and Bing losing its HBO content. LINK

  • Airwallex is expanding its credit card services in Australia whilst establishing a New Zealand office for growth. LINK

  • Tyro's banking division has grown to 9,000 active accounts, up 34% with $84.1M in deposits and $74.7M in loan originations. LINK

  • PointsBet has accepted a $353M takeover offer from Japanese company Mixi despite a competing bid from BlueBet. LINK

  • The AFP continues investigating former PwC partners through Operation Alesia for sharing confidential government tax data. LINK

  • Salesforce has committed $3.9B to Australian AI innovation and sustainability initiatives over 5 years. LINK

  • Blackstone has acquired data centre company AirTrunk for $24B through private markets rather than public listings. LINK

  • Appen has reduced its annual net loss to $20M despite losing a major Google contract. LINK

  • Bankwest is expanding its home lending business through increased mortgage broker recruitment. LINK

  • Worley reported a 72% interim net profit increase as it anticipates benefits from Trump's energy policies. LINK

  • Kelsian Group has posted a 29% drop in first-half net profit to $20.1M due to weak tourism demand. LINK

CHART OF THE DAY

The debut of the internet transformed global communication and commerce in just a few decades

ONE MORE SCROLL

Editor’s Pick: Cop dresses as ‘sex wrestler’ to trap suspect.

Draft Pick: Spinner Matt Kuhnemann cleared of suspect bowling action.

Odd Pick: Have a cursor dance party with people from around the world.

TOGETHER WITH

Looking for a fresh team-building activity? Tired of the same old amazing races and escape rooms? Or perhaps you're searching for a unique and unforgettable weekend activity with your friends and loved ones?

We’ve got you covered with Corporate Cuddles and Puppy Yoga 🐶

TRIVIA

Man’s best friend


Ivan Pavlov, the Russian physiologist famous for discovering conditioned reflexes (Pavlov’s Dogs), passed away on this day in 1936. We're using this (not very famous) day to wedge in some dog trivia.


Can you name the top 5 most popular dog breeds in Australia, according to petpost.com?


Answers below

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ANSWERS

1. Cavoodle
2. Golden Retriever
3. Border Collie
4. Australian Shepherd
5. German Shepherd


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