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🗞️ Finger pointing
If you ever feel the need to give a colleague of the opposite sex an old-fashioned middle finger, make sure you follow it up by doing the same to a colleague of the same sex.
Pick & Scroll News
August 04, 2025
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Good morning. If you ever feel the need to give a colleague of the opposite sex an old-fashioned middle finger, make sure you follow it up by doing the same to a colleague of the same sex.
A male worker has been cleared of sexual harassment after giving a female colleague the middle finger at work. He was cleared on the basis that he would direct the same gesture toward male colleagues as well.
Although, we assume most legal advice would recommend not communicating that way at all.
All the headlines and more below...
FLAT WHITE
Our monthly newsletter with The Aussie Corporate goes out this morning.
In this month’s edition of Flat White, we cover recent redundancies across Auscorp, parental leave policies and some of the toxic workplace stories that didn’t make the cut from our survey a while back.
AUSTRALIAN NEWS
Workers in Victoria could secure right to work from home twice weekly
Workers in Victoria may gain legal rights to work from home 2 days weekly while supporting modern family needs. LINK
Australia faces indirect impacts from Trump's tariffs through lower interest rates, reduced exports and weaker employment despite avoiding direct hits. LINK
Australian cow prices reached $4.40 per kilogram due to US cattle herds being at its lowest point due to drought. LINK
20% of Australians fear AI job losses with sales and customer service roles most vulnerable. LINK
Australian house prices reached $827,000 in July as strong demand and regional growth drive further increases. LINK
The National Anti-Corruption Commission has identified 540 potential misconduct cases from 5,400 complaints involving contractors and consultants. LINK
Australia's median age decreased to 38.32 in 2023 and 2024, as young migrants reversed a 50-year ageing trend. LINK
Workplace racial bias costs the economy $37B annually whilst pushing for legal reforms. LINK
Online scammers are impersonating Australian stores and health professionals to sell fake weight loss products. LINK
NSW's anti-slavery commissioner warns of rising modern slavery risks as 16,000 temporary migrant workers face exploitation. LINK
GLOBAL NEWS
US President Donald Trump holds tariff rate for Australia at 10%
COMPANY NEWS
Supermarkets reject US beef despite ban lift
Woolworths, Coles, Aldi, McDonald's and Guzman Y Gomez have rejected US beef imports despite the Australian government lifting its ban. LINK
TPG has diverted 280,000 scam calls using Apate.ai chatbots as part of a trial to improve customer protection. LINK
The Guardian Australia generated $42M in revenue for FY24 whilst reader support contributed 55% of income and profit rose to $1.7M. LINK
Downer EDI secured a $220M contract from the Department of Defence to support communications systems over 4 years. LINK
Macquarie Bank has increased its retail deposits by 11% over 6 months to capture more than 5% market share. LINK
ResMed reported a 37% increase in FY25 net income to $1.4B on $5.15B in sales. LINK
Coinbase reported weaker crypto trading activity affecting its quarterly profits whilst maintaining $321.68 per share. LINK
Apple recorded a 13.5% iPhone sales increase with US$94.04B sales in Q3 while projecting US$1.1B in tariff costs. LINK
Airwallex has achieved its strongest quarter with 13,372 new customers, reflecting 84% year-on-year growth as the fintech moves towards a US$1B revenue target. LINK
McDonald's has designated India as a major tech hub whilst planning to expand its AI capabilities globally by FY27. LINK
Brickworks has declared a 48.4 cents per share final dividend for FY25 ahead of its US$14B merger with Soul Patts. LINK
Amazon's cloud unit AWS recorded 17.5% growth compared to Microsoft Azure's 39% and Google Cloud's 32%. LINK
A jury awarded US$200M in damages after finding Tesla partially liable for a fatal 2019 crash involving its driver-assistance technology. LINK
Reddit reported strong results driven by user engagement and AI-powered advertising tools. LINK
ONE MORE SCROLL
Editor’s Pick: People check their phones 144 times a day, here's how to cut back.
Draft Pick: Backstroke queen Kaylee McKeown pulls off another golden double.
Odd Pick: Exhausted man defeats AI model in world coding championship.
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
Which five-letter word can go AFTER "black", "cheese" and "score" to make three other words?
Answer below
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