🗞️ 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

CHART OF THE DAY

The “Best Picture” is rarely a box office hit

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

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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