🗞️ Getting serious

UNO, your second favourite family game growing up (surely Monopoly is number one), has made it to the big time, Las Vegas.

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Good morning. UNO, your second favourite family game growing up (surely Monopoly is number one), has made it to the big time, Las Vegas.


The classic card game UNO has found a home at the Palms Casino Resort in Vegas.


The venue offers themed rooms, customised UNO game tables and a full-fledged suite experience for guests. Arguments about the rules are not accepted and video footage will be used to see if you actually said UNO or not.


All the headlines and more below...

AUSTRALIAN NEWS

AFP seizes over $1M from illegal vape sales

  • The AFP seized $1M and shut down the illegal vape website ivapeman.com after raiding suspect Wenyun Yan's accounts in Sydney. LINK

  • QLD's withdrawal of $100M has stalled a proposed $200M national battery hub despite federal support. LINK

  • The YIMBY movement is advocating for high-density housing while facing opposition from suburban NIMBYs. LINK

  • Construction insolvencies surged 21% to 3,595 in FY25 amid 14,716 nationwide business failures. LINK

  • The National Reconstruction Fund has been cleared of serious misconduct following a whistleblower investigation. LINK

GLOBAL NEWS

Bitcoin surpasses US$120,000 ahead of US debate on key legislation

  • Bitcoin has surpassed US$120,000 for the first time as investor confidence continues to climb ahead of US congress debating crypto legislation this week. LINK

  • A US$27T asset survey shows sovereign funds are shifting towards active management and Chinese investments. LINK

COMPANY NEWS

KPMG feels the burn of $200M in public service consulting cuts

  • KPMG's public service consulting work has reduced to $106M from $300M due to decreased Defence contracts. LINK

  • Canva shares are trading on US secondary markets like Hiive and EquityZen at US$3,000 each whilst company rules prohibit external sales. LINK

  • Macquarie Technology will invest $240M in a new data centre campus in Sydney to boost infrastructure capacity. LINK

  • City Chic Collective has posted a FY25 profit of $6M-6.5M despite missing earnings targets due to weak consumer sentiment. LINK

  • CitiPower, Powercor and United Energy's plan to build EV chargers in underserved areas has sparked industry backlash over competition concerns and ring-fencing regulations. LINK

  • Qantas has secured 36% of Sydney Airport slots for the upcoming season. LINK

  • Nova Entertainment has acquired Australian rights to The Diary of a CEO podcast with 60 million monthly global listeners. LINK

  • Public Storage and Ki Group have increased their buyout offer for Abacus Storage King to $1.65 per share from $1.47, representing a 15% improvement whilst the target's board continues due diligence. LINK

  • Network Ten and Sky News Australia have signed a multi-year deal to broadcast Sky News Regional across regional VIC, southern and northern NSW and QLD following Ten's acquisition of regional television licences. LINK

  • Are Media, publisher of legacy magazines, has been put up for sale as ad revenue declines. LINK

  • CBA remains popular with foreign investors whilst NAB outperforms in the short term. LINK

CHART OF THE DAY

$4 trillion: Nvidia's record valuation in context

ONE MORE SCROLL

Editor’s Pick: How often should you wash your sheets and towels?

Draft Pick: Knights in crisis: Ponga prepares to walk away, club set to move on from O’Brien.

Odd Pick: Is going to the bathroom ‘just in case’ bad for you?

TOGETHER WITH

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TRIVIA


We are talking Australian bank notes today. Who features on the $5, $10, $20, $50 and $100 Australian notes?


Hint: There are two for all of the notes except the $5 note.


Answers below

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ANSWERS

$5: Queen Elizabeth II
$10: Banjo Paterson, Dame Mary Gilmore
$20: Mary Reibey, Reverend John Flynn
$50: David Unaipon, Edith Cowan
$100: Dame Nellie Melba, Sir John Monash


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