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Whatever the strongest objection you've had for an idea at work has been, we doubt it comes close to what happened in NZ parliament late last week.
Pick & Scroll News
November 18, 2024
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Good morning. Whatever the strongest objection you've had for an idea at work has been, we doubt it comes close to what happened in NZ parliament late last week.
In opposing a controversial bill seeking to reinterpret the country's founding treaty, Opposition party MP Hana-Rawhiti Maipi-Clarke, tore up the bill (literally) and began a rousing impromptu haka which a number of MP's joined in.
If you've got 90 seconds to spare, we recommend a watch.
All the headlines and more below...
PODCAST
🎧 Your morning wrap on-the-go LINK
AUSTRALIAN NEWS
Listings soar in Sydney and Melbourne as homeowners run down savings
Property listings in Sydney and Melbourne have surged above 5-year averages, with stock levels up 12.3% and 10.1% respectively since 2019, driven by high-interest rates and mortgage pressures. LINK
NSW plans to expedite housing approvals through a new Housing Delivery Authority that will have powers to rezone land and approve large developments independently of local councils. LINK
Canberra bus drivers staged a snap strike on Friday over frequent assaults, leaving commuters stranded. LINK
Australia is experiencing a tour guide shortage. LINK
The decline in graduate hiring at major accounting firms reflects a broader trend of reduced job opportunities for new graduates. LINK
Australian banks and telecom companies, led by CBA and Optus, are seeking regulatory changes against Apple, Google and Meta for avoiding fair contributions to tax and payment infrastructure costs in Australia. LINK
The IMF has urged Australia and APEC nations to implement budget reforms and boost productivity amid inflation concerns. LINK
Full-strength beers will return to Western Sydney stadiums for the 2025 NRL season, ending a decade-long restriction. LINK
Bacon prices in Australia have increased to $19 per kilogram for middle rashers. LINK
GLOBAL NEWS
Netflix says 60 million households worldwide tuned in for Paul-Tyson match
Netflix has reported that 60 million households watched the Jake Paul vs. Mike Tyson match, with streams peaking at 65 million, while nearly 50 million viewers tuned in for the Katie Taylor and Amanda Serrano bout. LINK
The global "4B" movement, inspired by South Korean feminists, has gained traction as women choose to abstain from marriage, dating and sex with men, in reaction to Donald Trump's election victory. LINK
Australia, the US and Japan have strengthened military ties with a new consultation agreement and Japanese troop training in Darwin. LINK AFR
China's new home prices have fallen 5.9% year-on-year in October, marking the steepest decline since 2015, while monthly declines slowed to 0.5% as officials note signs of market stabilisation. LINK
A study warns that global mismanaged plastic waste could double by 2050 without production limits, suggesting solutions including a global cap, infrastructure investment and recycling mandates. LINK
COMPANY NEWS
Airbnb's plan to host 'gladiator' battles at Rome's Colosseum leads to outrage
Airbnb's $2.3M sponsorship to host staged gladiator battles at Rome's Colosseum has sparked controversy among cultural critics. LINK
Social media platform Bluesky has gained over 2 million new Australian users, becoming the top-ranked social media app as users migrate from X. LINK
Coles has announced it will defend itself against a Federal Court class action alleging price manipulation. LINK
Lendlease has reaffirmed its FY25 guidance with expected earnings per share of 54-62 cents, while avoiding a board spill at its AGM as shareholders supported its remuneration report. LINK
The ASX has denied allegations of misleading the market about its clearing and settlement system upgrade, defending against ASIC's claims in court. LINK
Westpac has called for Meta to implement stricter measures for advertisers on Facebook to combat scams, which comprise over 40% of scam origins. LINK
Louis Vuitton and Gucci are experiencing a global sales slump, with LVMH reporting a 3% revenue drop in fashion and leather goods whilst Kering Group warns of a profit plunge. LINK
Australian Agricultural Company has reported a profit downturn as wagyu beef prices fell 17% to $17.46 per kilogram due to global competition and tight consumer spending. LINK
Elon Musk's X platform is expected to see advertisers return as they anticipate increased influence from the billionaire owner in the upcoming second Trump administration. LINK
CHART OF THE DAY
What’s the state of the gender pay gap?
ONE MORE SCROLL
Editor’s Pick: Scientific study proves which horror movie is the scariest of all time.
Draft Pick: Mike Tyson reveals he almost died ahead of his fight against Jake Paul. Tyson lost the fight by unanimous decision.
Odd Pick: Ambulance hits cyclist, rushes him to hospital, then bills him $1,800.
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TRIVIA
Thinking hats on
You've probably heard of the six thinking hats. Can you match the colours with the thinking role?
Colours: White, Yellow, Black, Red, Green and Blue
Thinking Role: Control Mechanism, Creativity, Problems, Information, Optimism, Feelings
Answers below
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ANSWERS
White = Information
Yellow = Optimism
Black = Problems
Red = Feelings
Green = Creativity
Blue = Control
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