🗞️ Human resources

A tech firm in China has reportedly planned to debut the world’s first pregnancy humanoid robot using an artificial womb.

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Good morning. A tech firm in China has reportedly planned to debut the world’s first pregnancy humanoid robot using an artificial womb to avoid gestation problems during childbirth, targeting a price of around $20,000 AUD.


Although it sounds cheap, we are guessing most of you would probably want to stay away.


All the headlines and more below...

AUSTRALIAN NEWS

Half of employed Australians now work remotely part-time, with flexibility tied to income levels

  • Half of employed Australians now work remotely part-time as flexible arrangements correlate with income levels. LINK

  • Australian companies remain hesitant to adopt a 4-day workweek despite UK studies showing 35% revenue increases. LINK

  • The ATO will retire its free superannuation clearing house by July 2026, affecting small businesses. LINK

  • Homeowners could save $100,000 in mortgage interest through weekly or fortnightly repayments instead of monthly payments. LINK

  • SA residents lost $1B on poker machines as government collected $453M in tax revenue. LINK

  • QLD teachers reject an 8% pay rise over 3 years while threatening further strike action. LINK

  • The RBA has lowered productivity growth forecasts from 1% to 0.7% affecting Australia's long-term GDP outlook. LINK

  • Prefabricated housing offers solutions for Australia's housing shortages whilst reducing environmental impact. LINK 

GLOBAL NEWS

Trump white house creates loyalty scoreboard, ranking 553 companies by policy support

  • Donald Trump has established a corporate loyalty ranking system for 500 US companies based on policy support. LINK

  • Global de-dollarisation trends are gaining momentum as investors diversify from US assets. LINK

  • Gen Z users are forming emotional bonds with ChatGPT while using the AI for personal support more than family or friends. LINK

COMPANY NEWS

Qantas risks heavy penalty for illegally dismissing 1,800 staff during the pandemic

  • Qantas faces a significant fine for illegally dismissing 1,800 workers during COVID-19 as Federal Court Judge Michael Lee prepares to decide penalties. LINK

  • Temple & Webster achieved a fivefold profit surge. LINK

  • Western Sydney Airport remains without airline contracts despite having letters of intent from Qantas Group, Singapore Airlines and Air New Zealand for its $5.3B investment. LINK

  • Telstra reported a 31% earnings increase and announced a $1B share buyback despite flat revenue. LINK

  • Nvidia has partnered with Monash University and Dell to build an AI supercomputer in Melbourne by FY26. LINK

  • Accenture will acquire Australian cybersecurity firm CyberCX in a deal reportedly worth over A$1B. LINK

  • Atlassian and CBA are implementing AI-driven job cuts across Australian call centres while partnering with OpenAI. LINK

  • Myer One loyalty program now accounts for over 50% of sales at newly acquired fashion brands. LINK

  • Ampol has acquired EG Group Australia for $1.1B, adding 500 fuel and convenience sites with expected annual cost synergies of $80M. LINK

  • Netflix, Stan and Disney+ maintain top streaming value despite 10-25% price increases. LINK

  • Epic Games has won an Australian court case against Apple and Google over app store fees. LINK

  • Bega Group has begun selling water licences while closing its unprofitable peanut operations. LINK

  • Intel is discussing a potential US government stake using CHIPS Act funds for its US$28B Ohio facility. LINK

CHART OF THE DAY

The US is heavily reliant on imports

ONE MORE SCROLL

Editor’s Pick: 6 unexpected signs you're not drinking enough water, according to health experts.

Draft Pick: Wallabies beat the world champion Springboks in a massive comeback victory in the Rugby Championship.

Odd Pick: Delta moves toward eliminating set prices in favour of AI that determines how much you personally will pay for a ticket.

TOGETHER WITH

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

TRIVIA


Who had a private jet named "Big Bunny"?


Answer below

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ANSWER

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