🗞️ Coffee surfing

The lengths to which employees will go to avoid the office are always surprising, but a recent situation in China goes beyond “coffee surfing.”

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Good morning. The lengths to which employees will go to avoid the office are always surprising, but a recent situation in China goes beyond “coffee surfing.”


Government officials were allegedly using printed paper masks of their colleagues to successfully bypass facial recognition systems designed for time-and-attendance tracking.


It really doesn't say much for the quality of the facial recognition!


All the headlines and more below...

AUSTRALIAN NEWS

Government forces insurers to pay Bondi attack claims, overruling terror exclusions

  • The Fed government activated Australia’s terrorism insurance pool for the first time in over 10 years to ensure Bondi attack claims are paid despite terrorism exclusions. LINK

  • Australia’s eSafety Commissioner is reviewing social media clips of the Bondi attacks while no takedown orders have been issued as posts don't meet legal thresholds. LINK

  • Rising grocery costs are impacting Australians with limited shopping access, pushing many to choose cheaper or alternative food options. LINK

  • The $3B Central Place Sydney tech hub was scrapped by developers due to weak tenant demand as the site shifts toward co-living accommodation. LINK

  • Sydney Airbnb listings dropped 48.3% from 2019 levels as regional areas like the Whitsundays and Barossa grew 27% on average while cities shifted towards long-term rental markets. LINK

  • Australian property investment appears less lucrative as high reinvestment and upkeep costs nearly match a home’s full value every 25 to 40 years. LINK

  • WA Premier Roger Cook gained new fast-track powers through the State Development Act’s passage, enabling rapid approval for strategic projects while oversight concerns grow. LINK

  • Queensland rejected a proposal to give AEMO emergency gas reserve powers as VIC and NSW seek more federal aid to prevent energy shortfalls. LINK

COMPANY NEWS

HelloFresh, Youfoodz accused of wrongfully charging 100K customers

  • HelloFresh and Youfoodz face legal action from the ACCC for wrongfully charging over 100,000 Australians after misleading subscription cancellation terms. LINK 

  • Benalla Health was fined $230K after a 93-year-old woman died from injuries in a fall caused by a faulty chair, as WorkSafe found the aged care provider failed to ensure equipment safety. LINK

  • Qantas workers may soon receive payments from the airline's $120M fund as a Federal Court judge pledges to resolve the delays before Christmas. LINK

  • Aldi was ranked as Australia's cheapest for holiday groceries with a $72.41 basket, undercutting Woolworths, Coles and IGA, according to CHOICE. LINK 

  • JPMorgan has launched a tokenised money-market fund named MONY on Ethereum, offering blockchain yields for high-net-worth investors with a US$1M minimum. LINK 

  • AusPayNet scrapped its 2030 retirement plan for the BECS payments system as 90% of retail A2A payments still relied on the platform in July 2025. LINK

  • Ford recorded a $29B write-down, abandoning all-electric vehicle plans as it shifted to hybrids amid declining global and Australian EV demand. LINK

  • Employment Hero narrowed its yearly loss to $35.2M as it grew revenue by 47% to $243.5M, targeting profitability amid slowing growth. LINK

CHART OF THE DAY

International tourism to exceed pre-pandemic high in 2025

ONE MORE SCROLL

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TRIVIA


Only 2 countries across the globe officially begin their names with the word “the.” Can you name them?


Answers below

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ANSWERS

1. The Bahamas
2. The Gambia


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