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Early Snowfall, Crypto Thefts & Selective Schools
NDIS funding will no longer cover payments for sex work and other non-essential services under new reforms aimed at controlling costs.
Pick & Scroll News
July 08, 2024
One Read, All Perspectives
Australian News
Building costs in Australian cities could rise by over 30% in the next 4 years due to high demand, rising wages and labour shortages, making affordable housing difficult to achieve. LINK
Younger Australians' smartphone use has driven a surge in radio content consumption, with online listening for adults aged 25–54 nearly doubling since 2021. LINK
The federal government has introduced a new industry code for dating apps to improve user safety and address abusive behaviour. LINK
Queensland's LNP has pledged life sentences for children convicted of murder as part of a youth crime crackdown. LINK
Early snowfall and interest rate rises have led to a slow start for the ski season. LINK
A new study finds that attending selective public high schools offers little long-term advantage in employability and life satisfaction. LINK
Solo travel is on the rise among Australians, particularly Baby Boomers, with many seeking solitude and adventure. LINK
Australia's defence and intelligence agencies will use AI to analyse vast datasets under a $2B contract with AWS. LINK
Winter and school holidays have seen reduced auction volumes, but strong competition for quality properties has driven up clearance rates. LINK
Despite a slowing economy, foreign start-ups are establishing operations in Australia to leverage our wealthy customer base and skilled workforce. LINK
Industry super funds have secured a significant share of the retirement savings market, outperforming retail names like AMP and MLC. LINK
Global News
Company News
Atlassian criticises the ongoing focus on where work is done, advocating for a shift towards how work is performed as it trials new flexible work models. LINK
Uber will cut fares by up to 5% next month, reducing driver pay rates, testing the government's new gig economy pay laws. LINK
Global finance app Revolut has rapidly expanded in Australia, doubling its user base in the past year by targeting Millennials and Gen Z with features like crypto and discounted trading. LINK
Suncorp has ended its insurance-protection deal with Warren Buffett’s Berkshire Hathaway, citing a smaller-than-expected impact from natural disasters. LINK
Toyota's found no new wrongdoings in current investigation into its certification process. LINK
Apple approved Epic Games' marketplace app on iPhones and iPads in Europe. LINK
NDIS participants seeking unscheduled top-ups have increased by 50%, costing an extra $5.5M a day. LINK
NDIS funding will no longer cover payments for sex work and other non-essential services under new reforms aimed at controlling costs. LINK
Australia's federal court ruled that PayPal's local unit used an unfair contract term with small business customers regarding unnoticed overcharging errors. LINK
A hacker stole internal details about OpenAI's AI technologies from an internal messaging system last year, though critical systems were not breached. LINK
Visa and Mastercard will extend fee caps on non-EU card payments agreed with EU regulators for another 5 years. LINK
British retailer Mountain Warehouse plans to open 4 new stores in Australia, aiming to compete with established outdoor brands. LINK
