🗞️ Little athletics

Congratulations to Athletics Australia after taking on a bold and 'brand new identity' with a complete rebrand.

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Pick & Scroll News
February 07, 2025

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Good morning. Congratulations to Athletics Australia after taking on a bold and 'brand new identity' with a complete rebrand.


Athletics Australia will now be called... Australian Athletics.


Which big consultant or marketing company is claiming that one?


All the headlines and more below...

AUSTRALIAN NEWS

WFH headaches linger for landlords with city offices still empty

  • Australia's office vacancy rate has increased to 14.7% over 6 months due to remote work trends. LINK

  • Major companies including TPG, CBA, Optus and Telstra have restricted DeepSeek following the Chinese AI model's launch. LINK

  • The ACT's budget deficit has reached nearly $1B due to unexpected healthcare costs. LINK

  • Investors are exiting Melbourne and Sydney apartment markets amid weak returns and increasing costs. LINK

  • Tasmanian oyster farmers are facing financial struggles whilst a mysterious illness devastates Pacific oyster stocks. LINK

  • Tasmania has earned the title of Australia's healthiest state based on environmental and health metrics. LINK

GLOBAL NEWS

Over 40,000 US federal workers quit as Trump’s deadline looms

  • More than 40,000 US federal workers have resigned under pressure from the Trump administration. LINK

  • Mexican and US officials have agreed to ongoing and open dialogue on economic issues like strengthening regional supply chains and foreign investments. LINK

COMPANY NEWS

Google scraps diversity-based hiring targets

  • Google said it will no longer set hiring targets to improve representation in its workforce. LINK

  • ASIC is investigating AustralianSuper over death benefit payment delays following a similar case against Cbus. LINK

  • Macquarie has closed its US debt capital markets division to focus on private credit after lending $22.5B in the sector. LINK 

  • Employment Hero has achieved profitability for the first time since 2014 with $250M annual recurring revenue, following its $100M acquisition of Canadian firm Humi. LINK

  • McDonald’s has thwarted attempts to stop it opening new outlets by stressing that it sells salad, promotes healthier lifestyles‚ and sponsors local children. LINK

  • Oceania Glass has entered administration after 169 years of operation with significant debt as administrators prepare for a February 14 creditors meeting. LINK

  • Manildra Group reported 55 serious incidents and 31 injuries between FY20 and FY24, triggering workplace safety concerns. LINK

  • Sky News Australia generated $27M in revenue as News Corp prepares to sell Foxtel in a $3.4B deal. LINK

  • News Corp achieved US$306M in net income, with 5% revenue growth during the December quarter. LINK

  • Potentia Energy has agreed to acquire $1B in renewable assets including wind, solar and battery projects across Australia. LINK

CHART OF THE DAY

Shein’s meteoric rise

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TOGETHER WITH

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TRIVIA

Three switches, three bulbs, one chance—can you light the way to the answer?


You are in a room with three light switches. Each switch controls one of three light bulbs in another room. You can turn the switches on and off and leave them in any position. You can go into the room with the bulbs only once. How can you figure out which switch controls which bulb?


Answer below

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ANSWER

Turn on the first switch and leave it on for a few minutes. This will cause the corresponding bulb to heat up. Turn off the first switch, then turn on the second switch and leave it on. Leave the third switch off.

Now go into the room with the bulbs:
- The bulb that is on is controlled by the second switch (the one you left on).
- The bulb that is off but warm is controlled by the first switch (the one you turned on first and then off).
- The bulb that is off and cool is controlled by the third switch (the one you never turned on).


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