- Pick & Scroll News
- Posts
- 🗞️ Double double
🗞️ Double double
Anthony Albanese is back for another term.
Pick & Scroll News
May 05, 2025
Was this email forwarded to you? Sign up here
|  |
Good morning. Anthony Albanese is back for another term.
While you were avoiding all kinds of eye contact with those pamphlet people at the voting booth door, Albanese was racking up votes to ensure he was Australia's first Prime Minister to win back-to-back elections in 20 years.
Labor is on track to finish with 86 seats, the Coalition about 40, and the Greens Party with one or two. Your live results are here.
All the headlines and more below...
AUSTRALIAN NEWS
Aussie tourists are shunning America
Australian tourists are avoiding US travel due to entry restrictions and digital surveillance concerns. LINK
Young voters emerge as Australia's largest electoral group while showing increased support for minor parties. LINK
National auction clearance rates have increased to 70.1% in early May due to potential interest rate cuts. LINK
Self-managed super funds expect 40,000 new accounts this year driven by younger investors. LINK
The QLD government will implement a 3.4% annual increase on fees and charges from next financial year. LINK
Tech innovation faces challenges as investment in scientific research declines amid big tech dominance. LINK
The ATO intensifies family trust tax compliance with retroactive penalties threatening insolvency. LINK
Australian retail sales increased by 0.3% as hopes grew for renewed US-China trade discussions. LINK
Australian casino regulations are driving high-value gamblers to less regulated Asian markets in Macau, Laos and Cambodia. LINK
GLOBAL NEWS
World food prices increased in April
COMPANY NEWS
Warren Buffett announces plans to retire this year
Warren Buffett will step down as Berkshire Hathaway CEO at the end of 2025. LINK
Shell is exploring a potential takeover of BP as it awaits further declines in oil prices. LINK
Atlassian has forecast slower growth whilst offering its AI platform for free in challenging economic conditions. LINK
Cathay Pacific will relocate its weekly freight service from Toowoomba to Brisbane for operational efficiency. LINK
WiseTech is negotiating to acquire US software firm e2open for up to $3.5B as part of its global expansion. LINK
Block Inc has reported a quarterly profit of US$189.9M whilst missing analyst expectations. LINK
Rio Tinto incorrectly announced shareholder support for a resolution that received only 19.35% of votes at its AGM. LINK
Amazon reported $29.27B in cloud revenue with 16.9% growth, marking its slowest pace in 5 quarters. LINK
Apple reduced its share buyback by $10B while warning of $900M in additional tariff costs. LINK
Amazon achieved Q1 revenue of $155.7B whilst its AWS growth slowed. LINK
McDonald's US sales declined by 3.6% in Q1 amid lower customer traffic and tariff uncertainties. LINK
Apple's upcoming earnings face uncertainty due to ongoing US-China trade tensions. LINK
CHART OF THE DAY
Organisations increasingly see gen AI’s effects on revenues in the business units using the technology
ONE MORE SCROLL
Editor’s Pick: California passes Japan as fourth largest economy.
Draft Pick: 'Night to forget' for Melbourne Storm star as two costly penalties lead to golden point loss against Raiders.
Odd Pick: Humanoid robots run a Chinese half-marathon alongside flesh-and-blood competitors.
TOGETHER WITH
Take what you’re doing offline and circle back on team wellness because real team bonding happens with puppies, not PowerPoint. Give your team an event they’ll actually look forward to with Puppy Yoga!
We’ve got you covered with Corporate Cuddles and Puppy Yoga 🐶
TRIVIA
It's Cinco de Mayo today, which commemorates the 1862 Battle of Puebla, where Mexico defeated French forces.
Our trivia today is all things Mexico. Good luck!
What is the capital city of Mexico?
What colours are on the Mexican flag?
Which ancient civilisation built the city of Chichen Itza?
Which peninsula is home to popular tourist spots like Tulum and Playa del Carmen?
What two alcoholic beverages are made from the blue agave plant and is native to Mexico?
Answers below
OUR SOCIALS
 |
ANSWERS
1. Mexico City
2. Red, White and Green
3. Maya
4. Yacatan
5. Tequila and Mezcal
Was this email forwarded to you? Sign up here