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Free flights usually come from Airpoints but if you're Tiron Alexander, they come from pretending to be a flight attendant.

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Good morning. Free flights usually come from Airpoints but if you're Tiron Alexander, they come from pretending to be a flight attendant.


Tiron scammed 120 free flights posing as a flight attendant for 4 different airlines over 6 years.


We hope he enjoyed his travel given he won't be allowed back in the air anytime soon.


All the headlines and more below...

AUSTRALIAN NEWS

Median stamp duty bill at record $31,210 (and $160K in NSW for foreigners)

  • Foreign property investors in NSW face $160,000 in taxes and fees on typical new homes. LINK

  • The ATO warns of a 300% surge in AI-driven tax scams as fraudsters deploy hyperreal impersonations before tax season. LINK

  • Australian HR and DEI startup funding dropped from $535M to $155M between 2022 and 2024, whilst climate and health tech remain strong. LINK

  • The WA government is launching low-deposit modular home loans and a $210M equity scheme to address housing affordability. LINK

  • Australia's 3,800 car dealerships face a $2.1B loss by FY29 due to new emissions standards penalising high-polluting vehicle sales. LINK

  • Australian startup employee stock ownership has surged since 2015 regulatory reforms whilst becoming a key driver for talent acquisition and wealth building. LINK

  • Unions are advocating for workers' rights to refuse AI usage when against public interest despite the government's lighter regulation stance. LINK

GLOBAL NEWS

Melbourne team joins legal action against NBL

  • Tennis star Nick Kyrgios and NBA player Dante Exum have joined legal action against the National Basketball League's billionaire owner Larry Kestelman. LINK

  • Stablecoins processed $28T in transactions during FY24, surpassing Visa and Mastercard combined volumes. LINK

  • Oil prices rose 7% to $75 a barrel as the Middle East conflict's impact on export infrastructure remained limited. LINK

COMPANY NEWS

ACCC supermarket discount case moves toward court proceedings

  • The ACCC will proceed with claims that Woolworths and Coles ran fake promotions through price inflation and discounting. LINK

  • Seven Network's free-to-air channels will cease broadcasting in regional SA and NSW from July 1 due to a WIN Network impasse. LINK

  • CDC Victoria bus drivers have initiated strikes across Melbourne and regional cities, disrupting routes over pay disputes. LINK 

  • Nissan plans to decrease its Renault stake from 15% to 10% to fund vehicle development. LINK

  • PointsBet has rejected a takeover bid from Betr Entertainment in favour of a $1.20-per-share offer from MIXI Australia. LINK

  • ASIC has launched an inquiry into ASX over "repeated and serious failures" with its CHESS platform and settlement technology. LINK

  • Foxtel has reduced staff at Kayo Sports following the DAZN acquisition. LINK

  • Amart Furniture has acquired Freedom Furniture to create a $1B business ahead of a potential listing. LINK

  • Bega Cheese is seeking informal regulatory approval to acquire Fonterra's Oceania business. LINK

  • Ainsworth Game Technology did not disclose its CEO's corruption investigation to investors, based on legal advice. LINK

CHART OF THE DAY

High consumer prices and uncertainty continue to affect households, leading to low levels of overall consumer confidence

ONE MORE SCROLL

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Draft Pick: ‘Stupid from me’: Piastri and Norris crash in F1 championship flashpoint.

Odd Pick: 'I'm being forced to choose between Olympics and OnlyFans.’

TOGETHER WITH

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We’ve got you covered with Corporate Cuddles and Puppy Yoga 🐶

TRUE OR FALSE

On this day in 1885, the Statue of Liberty arrived in New York harbour aboard the French ship Isere. Can you navigate our 5 True or False questions about the Statue of Liberty:

  1. The Statue of Liberty holds a torch in her left hand.

  2. One of the designers is the same engineer behind the Eiffel Tower.

  3. The Statue was originally a lighthouse.

  4. The Statue holds the US Constitution in her hand.

  5. The Statue of Liberty faces west to greet ships arriving from Europe


Answers below

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ANSWERS

1. False
2. True
3. True
4. False
5. False


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