🗞️ In the doghouse

Some uplifting news for anyone who has ever spent more time talking to a coworker’s dog than their actual coworkers: pet-friendly offices are having a moment.

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Good morning. Some uplifting news for anyone who has ever spent more time talking to a coworker’s dog than their actual coworkers: pet-friendly offices are having a moment.


In Australia, research cited by Companion Animal Network Australia found 85% of dog owners would go into the office more if they could bring their pet, as more workplaces trial pet-friendly policies.


At this point, pets are doing everything except filing tax returns.


All the headlines and more below...

AUSTRALIAN NEWS

ACCC launches probe into alleged anti-competitive behaviour by major fuel retailers

  • The ACCC has launched a formal probe into alleged anti-competitive behaviour by major fuel companies as fuel shortages and price spikes hit regional Australia. LINK

  • Australia’s unemployment rate has risen to 4.3% in February as the participation rate climbed to 66.9%. LINK 

  • Australians are switching super funds at record rates as industry funds express concern about a rising number moving to self-managed super funds. LINK 

  • Australians are using VPNs to access banned bookmaker Polymarket for bets on ongoing global conflicts. LINK

  • The Australian Energy Regulator has forecast benchmark electricity prices to drop up to 10% for households and more than 20% for small businesses, easing inflationary pressure. LINK 

  • Australian home owners are experiencing a surge in wealth as record property resale profits create a financial buffer against rising interest rates and inflation. LINK

  • Australia’s construction industry is facing threats from rising costs and Middle East conflict as geopolitical risks raise oil and freight prices and slow commercial deal-making. LINK 

  • The NSW government has banned new coal mine and exploration bids on greenfield sites while allowing expansions on existing sites, aiming to protect around 8,000 mining jobs. LINK 

  • Young Australians are politically divided, anxious about their futures and feel a lack of control over their goals. LINK 

COMPANY NEWS

Athlete Council to guide JPMorganChase in new financial advisory initiative

  • JPMorgan creates star athletes council for new financial advisory initiative. LINK

  • Qantas to review fares every 2 weeks as fuel prices surge due to supply constraints. LINK

  • David Jones has average overdue payments of 16 days, more than double the industry average, as a $150M working capital loan is due next week. LINK

  • Guzman y Gomez has opened 8 stores in Chicago while incurring a $13.2M loss in FY23 and burning through $8.3M in H1 FY24 as it targets the US$676B US fast food market. LINK 

  • BHP is facing demands from the Electrical Trades Union to double technician pay to $400,000 a year as about 60 members threaten its first WA iron ore strike in decades. LINK

  • Crescent Capital has agreed to acquire Benson Radiology for a price well above $330M as the company generates about $100M in annual revenue and operates 32 SA clinics. LINK 

  • BMD Group has announced a partnership with GHD to accelerate its entry into the Texas infrastructure market as it expands existing operations in the UK and Philippines. LINK

  • Lamborghini has abandoned plans for a fully electric vehicle after customer backlash. LINK

ONE MORE SCROLL

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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 🐶

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