🗞️ Food for thought

A new study suggests that people who start their day with natural sunlight, movement and a proper breakfast report higher productivity and better mood.

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Good morning. A new study suggests that people who start their day with natural sunlight, movement and a proper breakfast report higher productivity and better mood.


Which is a shame because 84% of people start their day looking at their mobile phones.


Fresh start tomorrow?


All the headlines and more below...

AUSTRALIAN NEWS

RBA’s latest hike adds $100 to monthly mortgage repayments

  • The RBA’s latest hike to 3.85% adds $100 to mortgage repayments, indicating more rate increases amid inflation and uncertain outlook. LINK 

  • Around 48% of Australian workers are looking for extra income or a second job as financial pressure from the worsening cost-of-living crisis continues. LINK 

  • Millennials are nearing Gen X in homeownership rates by their 30s and 40s while benefitting from inheritance, lower rates and supportive housing policies. LINK

  • Australia and the EU are finalising a free trade deal as disputes over meat quotas and naming rights hinder agricultural and mineral access. LINK 

  • A sealed report exposing union corruption alleged the Victorian government ignored CFMEU-linked organised crime on construction sites while $15B in public funds was misused. LINK 

  • Ray White reported a 10% drop in open home attendance after rates rose to 3.85%, highlighting softer buyer demand across Australia. LINK 

COMPANY NEWS

CBA posts strong $5.44B cash profit

  • CBA posted a stronger-than-expected $5.44B cash profit as lending and deposit growth boosted performance. LINK

  • ANZ customers are still experiencing wage and payment delays as an RBA system fault lingers while other banks resolved issues quickly. LINK 

  • The University of Technology Sydney is cutting 100+ academic roles via voluntary redundancies after consistent deficits and union negotiations. LINK  

  • Telstra will cut another 650 jobs as it outsources 442 roles to Infosys and 209 from its joint AI venture with Accenture. LINK 

  • The Australian government has put Roblox on notice as it failed to fully protect children amidst reports of harmful and exploitative content. LINK

  • Major banks and UNSW launched a collaborative effort under new ACCC rules to combat financial abuse, a $11B issue affecting 2.4M Australians. LINK 

  • Seven Group Holdings increased half-year net profit by 2% to $518M, declaring a 32 cent dividend boosted by Boral’s strong performance. LINK

  • CSL posted an 81% fall in net profit to $567M as restructuring costs and impairments drove the sharp decline. LINK

  • Aussie Broadband will buy 218,000 AGL customers for $115M as it becomes Australia’s third-largest ISP, boosting yearly revenue by $235M. LINK 

ONE MORE SCROLL

Editor’s Pick: Musk’s midnight reflection: ‘Money can’t buy happiness’.

Draft Pick: Australian winter olympians make moguls finals at the 2026 Winter Olympics in Italy.

Odd Pick: South Korean crypto firm accidentally sends $44 billion in bitcoin to users.

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


Today you have to guess how much the below house sold for. This house looks out onto Paradise Beach in Avalon, Sydney

Property features:

  • Three storey

  • 5 bedroom

  • 4 bathroom

  • Waterfront property

  • Deepwater jetty


Answer below

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