🗞️ Dirty business

You might want to think twice before shaking a colleague's hand at work today.

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Good morning. You might want to think twice before shaking a colleague's hand at work today.


A new study has revealed that 19% of Australians don't always wash their hands after using the bathroom.


Under-24 year olds were the worst culprits, which is a great reason not to let your grad go and collect the coffees this morning.


All the headlines and more below...

AUSTRALIAN NEWS

Women still underrepresented in tech

  • Women remain underrepresented in the Australian tech sector as only 30% hold roles, while closing the gap could boost the economy by $6.5B and raise wages by 31%. LINK  

  • Centrelink will remove items including groceries and funeral expenses from the Centrepay system starting November 3 as it reforms the payments process to meet program objectives. LINK

  • Most Australian family office CEOs are male over 50 earning between $500,000-$625,000 as $1M salaries disappear from the sector. LINK  

  • Australia has issued more sunscreen recalls as unseasonably hot weather and SPF rating concerns prompt renewed consumer warnings. LINK

  • The NSW EPA is introducing stricter emissions rules to reduce methane and diesel output by 2030, despite potentially clashing with federal climate policies and affecting polluters like AGL. LINK

  • 1 in 7 Australian travellers (14%) were not covered by travel insurance on their most recent international trip. LINK 

  • Strict zoning laws in NSW prevent many landowners from building second dwellings, while a 2025 inquiry may recommend reforms to unlock rental income and support asset growth. LINK  

  • Luxury hotels in Australia are booming as wealth growth and demand for premium experiences drive a 22% rise in supply and room prices over $3,000 per night. LINK

  • Many Baby Boomers are missing tax-saving opportunities as they avoid a pension re-contribution strategy that reduces superannuation death taxes for adult children post-60. LINK

  • Family businesses in Australia are targeting Asia-Pacific growth as 71% expect short-term gains, and 55% operate under second-generation leadership. LINK

GLOBAL NEWS

The US and Australia strike a US$13B rare earths deal

  • Australia and the US signed a US$13B deal to co-produce rare earths, boosting AUKUS ties and countering China’s critical minerals lead. LINK

  • Donald Trump reaffirmed US backing for AUKUS and nuclear submarine delivery to Australia, whilst doubts persist over the 2032 timeline. LINK

COMPANY NEWS

Westpac banker secures permanent remote working rights

  • A Westpac banker secured permanent remote work rights while challenging corporate return-to-office mandates in court. LINK

  • ANZ experienced a wide digital outage across Australia caused by a technical issue while the bank has resolved it and issued an apology. LINK

  • RACQ apologised for sending incorrect insurance renewal notices as it faces potential multi-million-dollar legal action over service failings. LINK

  • Cleanaway pledged faster transparency on fatalities at work as a 4th worker death in 15 months triggered investor backlash at its AGM. LINK

  • Vocus confirmed a cyberattack enabled hackers to access customer emails and conduct 34 illegal SIM swaps. LINK  

  • Hub24 grew its funds under administration by 30% year-on-year to $146.5B as $5.2B in net inflows and adviser uptake supported expansion. LINK

  • Apple reported $12.9B in Australian revenue and a $441M net profit in FY25 whilst paying $188M in taxes amid its global growth. LINK

  • Westpac and ASIC proposed a $20M fine over failures in the RAMS Home Loan network with misconduct linked to poor franchise oversight. LINK

  • Australia’s major bookmakers are removing state-level soccer from betting apps whilst disputing Football Australia product fees. LINK  

  • Myer and David Jones revamped customer loyalty programs with perks like Qantas points and beauty treatments as department store competition intensifies. LINK 

  • Telstra launched the initial stage of its $1.6B national fibre network to link data centres between Sydney and Melbourne as Microsoft became its first customer. LINK

CHART OF THE DAY

Childhood overweight is no longer a high-income problem

ONE MORE SCROLL

Editor’s Pick: Protein powders and shakes contain high levels of lead.

Draft Pick: Chris Scott and Dean Cox named Victoria and Western Australia coaches for AFL origin match.

Odd Pick: How smelling like a doughnut became the latest body care craze.

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BRAINTEASER


You have eight identical bottles of expensive wine, one of which has been poisoned. A single sip is fatal, with symptoms appearing exactly one hour after consumption. You have three condemned prisoners to use as testers and must identify the safe bottles to serve in an hour. How can you determine which of the bottles is poisoned?


Answer below

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ANSWER

First, number the wines one through to eight.

Now, give a sip of….

1. Wine one to prisoner 1.
2. Wine two to prisoner 2.
3. Wine three to prisoners 1 and 2.
4. Wine four to prisoner 3.
5. Wine five to prisoners 1 and 3.
6. Wine six to prisoners 2 and 3.
7. Wine seven to all 3 prisoners.
8. Wine eight to no one.

Depending on which combination of prisoners die, you can now determine the specific poisoned wine.


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