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Fake Wi-Fi, Boeing Fraud & Aussie Commute Times
Hackers are using a $20 device to create fake Wi-Fi networks at Australian airports, stealing data from unsuspecting users and potentially launching cyber attacks.
Pick & Scroll News
July 09, 2024
One Read, All Perspectives
Australian News
The average new owner-occupier home loan has reached a record high of $626,055 nationally, driven by surging housing markets in Perth, Brisbane and Adelaide. LINK
The average Australian worker's commute time is more than an hour a day in rush-hour traffic, longer than in many European countries and the US. LINK
Bookings to Paris for the Olympics have surged by 123% as Australian corporates aim to capitalise on networking opportunities during the Games. LINK
Hackers are using a $20 device to create fake Wi-Fi networks at Australian airports, stealing data from unsuspecting users and potentially launching cyber attacks. LINK
Private credit in Australia has grown by $45B in 5 years. LINK
Investors in NDIS housing schemes are set to lose hundreds of thousands of dollars as fund managers fail to find tenants. LINK
Office deal activity rose 60% in Q2 compared to last year, but transactions are still below pre-pandemic levels. LINK
Two-thirds of Greater Brisbane residents lack access to frequent, all-day public transport. LINK
WA's road train operators have been blindsided by new signage regulations. LINK
Global News
US and Australian officials are committed to improving financial connectivity in the Pacific as Western banks reduce their presence in the region amid growing Chinese influence. LINK
France faces political uncertainty with a hung parliament. LINK
This week’s NATO summit will address global security threats posed by China, Russia, Iran and North Korea. LINK
Company News
Australian Catholic University faces financial scrutiny and staff layoffs, with the Vatican reportedly investigating the university's financial management. LINK
Boeing has agreed to plead guilty to defrauding the US by misleading air-safety regulators before 2 deadly 737 MAX crashes, facing a US$331M fine and 3 years of oversight by an independent monitor. LINK
CBA has ignored ASIC's attempts to prevent it from scrapping its banker bonus cap. LINK
Life insurer TAL is saving its employees nearly a day’s work each week after adopting Microsoft’s AI tools. LINK
Paramount Global (Channel 10) has effectively sold itself to Skydance Pictures, known for hits like 'Top Gun' and 'Mission Impossible'. LINK
This Week’s Top Picks
Uber will cut fares by up to 5% next month, reducing driver pay rates, testing the government's new gig economy pay laws. LINK
NDIS funding will no longer cover payments for sex work and other non-essential services under new reforms aimed at controlling costs. LINK
The federal government has introduced a new industry code for dating apps to improve user safety and address abusive behaviour. LINK
A new study finds that attending selective public high schools offers little long-term advantage in employability and life satisfaction. LINK
Australia's defence and intelligence agencies will use AI to analyse vast datasets under a $2B contract with AWS. LINK
