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🗞️ Inside out, back to front
We're tackling the big topics first up today - do you wash your clothes inside out or as you would wear them?
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Good morning. We're tackling the big topics first up today - do you wash your clothes inside out or as you would wear them?
A laundry professional (yes, they exist) says we should be washing our clothes inside out. This helps preserve the colour and prevent damage while the interior also takes the brunt of the 'action'.
Although if you are like some members at Pick & Scroll who frequently spill food and drink on their clothes, you shouldn't wash your clothes inside out and you should keep the garment the correct way to help remove any stains.
For a clean start to your Wednesday, your full washing analysis is here.
All the headlines and more below...
AUSTRALIAN NEWS
Corporate Australia's 'promotion problem' revealed in new gender pay gap data

Women in high-paid industries face advancement challenges to senior roles despite progress in closing the gender pay gap. LINK
Victoria's insolvency rate has surged 63% this FY as experts link the trend to prolonged COVID-19 lockdown impacts. LINK
Young people's mental health is driving declining happiness trends as women report lower life satisfaction. LINK
Premium property prices in wealthy Sydney and Melbourne suburbs have risen by 2% over 3 months. LINK
First-home buyers are becoming landlords due to housing affordability challenges. LINK
Housing developments in regional Australia are stalling due to insufficient infrastructure funding for essential services. LINK
The NT and federal governments are discussing potential buyers for the Chinese-owned Darwin Port lease. LINK
Australia's economy has grown 0.6% in the December quarter, marking the fastest expansion since 2022. LINK
Blackbird Ventures predicts 2025 will be the year of enterprise AI adoption in Australia. LINK
ASX-listed companies have declared their lowest dividends since FY21 as iron ore prices decline amid economic uncertainty. LINK
GLOBAL NEWS
Trump pauses military aid to Ukraine

The US has paused military aid to Ukraine. LINK
US President Donald Trump has confirmed 25% tariffs on goods from Mexico and Canada while China has retaliated with 15% levies on US agricultural products, sending global markets tumbling. LINK
Australian manufacturers remain unaffected by Donald Trump's new tariffs on China, Canada and Mexico. LINK
COMPANY NEWS
Australia's major banks, airlines exposed for huge gender pay gaps in bombshell report from Workplace Gender Equality Agency

Australian investment banks continue to show significant gender pay gaps as Morgan Stanley and Goldman Sachs report disparities exceeding 50%. LINK
Coles has lost $500M in market share to pharmacies, hardware stores and online retailers. LINK
Suncorp is preparing for claims around Tropical Cyclone Alfred as the category-2 storm approaches QLD. LINK
Virgin Australia's outgoing CEO Jayne Hrdlicka is discussing a consulting role at Qatar Airways following its 25% stake acquisition. LINK
CBA is implementing multi-factor authentication for NetBank users as part of a $450M cybersecurity investment. LINK
Nvidia and Broadcom are conducting manufacturing tests with Intel using its 18A process for advanced AI processors. LINK
AustralianSuper is moving services in-house whilst transferring insurance claims to TAL. LINK
Telstra CEO Vicki Brady urged telcos to reimagine business models for AI opportunities. LINK
Medibank has acquired full ownership of Medinet's MyPractice app for digital GP consultations. LINK
Insignia Financial must pay NAB an additional $53.5M over subordinated loan notes after declining the lender's early redemption request. LINK
Woolworths-backed Eucalyptus reported $200M in weight-loss drug sales over 18 months whilst planning to revive its men's longevity service in the UK. LINK
Healthscope has resolved a funding dispute with not-for-profit insurers that ensures 2.5 million patients will avoid higher out-of-pocket costs. LINK
Qantas announced a $1.4B profit after sustained passenger demand pushed the airline to register stronger-than-expected half-year profits. LINK
CBA's venture arm x15ventures is expanding its fintech competition Xccelerate through corporate partnerships with QBE Ventures. LINK
ONE MORE SCROLL
Editor’s Pick: Air Asia: Seoul Return from SYD $449, Tokyo Return from SYD $479, for May to November. LINK
Draft Pick: Men’s Australian cricket team knocked out of Champions Trophy as India takes revenge.
Odd Pick: Aussie premier calls JD Vance a ‘knob’ after Volodymyr Zelensky blow up.
TOGETHER WITH
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TRIVIA
Thinking caps on

We go all out with Maths today!
Your challenge is to find the values of five distinct integers: A, B, C, D and E, each between 1 and 10 inclusive, so that the below equation becomes true.
A²+B²+C²+D²=E²
Answer below
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ANSWER
2²+4²+5²+6²=9²
Source: https://puzzleaday.wordpress.com/
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