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🗞️ Honesty is the best policy
What would you do if you found $200,000 in your attic?
Pick & Scroll News
March 10, 2026
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Good morning. What would you do if you found $200,000 in your attic?
A Christchurch couple found $232,000 in sealed plastic bags and decided to spend it on a huge holiday hand it in to police.
However, they did receive $40,000 from the Crown, which they will probably use to beef up security.
All the headlines and more below...
AUSTRALIAN NEWS
Online bot traffic costing Australian advertisers billions in widespread advertising fraud
Ad fraud is causing Australian advertisers substantial financial losses as it affects all digital platforms with bot activity over 50%. LINK
Fuel prices across Australia have surged above 210 cents per litre in cities like Darwin, Brisbane and Sydney as the escalating Middle East conflict disrupts global energy markets. LINK
The Australian government's debt is approaching $1T as the 10-year bond yield briefly reached 5%, the highest since 2011. LINK
Goldman Sachs predicts AI could automate 25% of all jobs. LINK
Rising prices and favourable tax policies for older adults are locking many Australians out of the housing market. LINK
The Australian government rejected a $5B purchase offer for 67 military sites amid rising commercial interest in defence properties deemed of little strategic value. LINK
Rising AI costs have pushed major Australian law firms to private equity for funding technological advancements. LINK
Queensland's public sector faces fiscal challenges as rising employee numbers and costs contribute to a creeping operating deficit. LINK
The Australian dollar has strengthened against other currencies despite global instability, likely driven by higher interest rates and commodity prices, which may help slightly with inflation but is unlikely to stop rate hikes. LINK
COMPANY NEWS
Woolies claims 8 consecutive quarters of price declines while independent data shows otherwise
Woolworths has claimed 8 consecutive quarters of year-on-year price declines in its half-year results, while customer experience and independent data show a typical basket has increased from $292 to $315 over 2 years. LINK
CBA is investigating a $1B loan fraud involving brokers and accountants with fake documents. LINK
Netflix has decided against bidding for NRL broadcast rights, focusing on high-profile events while others pursue a $4B deal. LINK
Canva faces valuation challenges as AI impacts the tech industry, encountering scrutiny from Australian super funds over investment values. LINK
David Jones is revising supplier payment terms, raising market concerns over cash flow management amid industry-wide restructuring pressures. LINK
Rio Tinto paused the sale of its titanium business due to geopolitical tensions affecting potential sales to Chinese buyers. LINK
Telstra is set to lose about 1 million square kilometres of reported mobile coverage over new industry standard requiring carriers to map only areas where a normal smartphone can reliably make calls. LINK
Macquarie has surged in owner-occupier lending by about $20B in the 12 months to January, nearly matching CBA and outpacing NAB, Westpac and ANZ. LINK
Pro Medicus renewed 2 major US contracts for its imaging software, showing strong customer satisfaction and retention. LINK
Humm Group is finalising a confidentiality deed with Credit Corp for a $385M takeover proposal amidst internal board disputes. LINK
ONE MORE SCROLL
Editor’s Pick: Why is it so quiet after it snows?
Draft Pick: New F1 regulations debut at Australian Grand Prix, with mixed reviews from the paddock.
Odd Pick: Shouting at seagulls could stop them stealing your food.
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BRAINTEASER
The number 638 is written above using matchsticks. Your challenge is to move just 1 matchstick to form the smallest possible number.
Answer below
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