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🗞️ Millenial Burnout
25 Years old and burnt out?
Pick & Scroll News
January 30, 2026
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Good morning.
25 years old and burnt out?
A youth retirement home designed for burnt out Gen Z and young millennials has popped up in Malaysia. The space allows for people in their 20s to step away from deadlines, performance targets and round-the-clock work culture.
Millennial burnout is sure to be met with Boomer bewilderment.
All the headlines and more below...
AUSTRALIAN NEWS
Australian employers will need to pay superannuation simultaneously with wages
Australian employers will need to pay superannuation simultaneously with wages from 1 July 2026, potentially boosting savings while straining small business cash flow. LINK
Australia will provide an additional US$50M in aid to Afghanistan focused on women and children, bringing total support since 2021 to US$310M. LINK
Australia’s budget has deteriorated $57B since the May election as rising costs from programs like the NDIS raise concerns over inflation and fiscal management. LINK
QLD has launched a $100 annual Back to School Boost for each primary student to ease costs of books and uniforms, benefitting around 323,000 children. LINK
A trend called "AI-maxxing" sees young people using artificial intelligence to automate daily tasks, chasing productivity and social credibility. LINK
Government-funded services including childcare, healthcare and education have fuelled inflation as childcare costs rose 11.2% YoY, increasing the chance of an RBA rate hike. LINK
Private credit funds in Australia are hiring AI specialists to enhance compliance and governance as ASIC increases its oversight of the sector. LINK
COMPANY NEWS
Reverse ATMs that convert cash to prepaid cards have appeared at the Australian Open
Reverse ATMs that convert cash to prepaid cards have appeared at the Australian Open despite concerns grow over money laundering risks. LINK
NAB has cut 14 jobs from its personal banking unit while completing the delayed US$1.2B integration of Citigroup’s Australian consumer business. LINK
Microsoft, Meta and Tesla revealed strong Q4 earnings as they continued investing heavily in AI technologies amidst market caution around spending. LINK
Six Australian betting companies including Tabcorp and Picklebet have breached BetStop rules, allowing self-excluded problem gamblers to keep betting. LINK
ANZ customers have faced payment delays for up to 4 days caused by a banking glitch, as rival banks restored systems more quickly. LINK
Microsoft posted a US$38.5B profit for the December quarter as a US$7.6B gain from OpenAI lifted earnings despite concerns over AI-driven spending. LINK
A luxury steakhouse at Crown Melbourne is being opened in 2027 as part of Crown Resorts' shift toward premium experiences under Blackstone. LINK
Aldi must now provide fixed shifts with end times for over 1,200 part-time warehouse staff after the Fair Work Commission used new legal powers. LINK
ONE MORE SCROLL
Editor’s Pick: Highly successful people do 3 things that many neglect, says Harvard career expert.
Draft Pick: Coco Gauff backed by Iga Świątek after smashing racquet at Australian Open.
Odd Pick: Barbie with autism being introduced by Mattel.
Someone just spent $236,000,000 on a painting. Here’s why it matters for your wallet.
The WSJ just reported the highest price ever paid for modern art at auction.
While equities, gold, bitcoin hover near highs, the art market is showing signs of early recovery after one of the longest downturns since the 1990s.
Here’s where it gets interesting→
Each investing environment is unique, but after the dot com crash, contemporary and post-war art grew ~24% a year for a decade, and after 2008, it grew ~11% annually for 12 years.*
Overall, the segment has outpaced the S&P by 15 percent with near-zero correlation from 1995 to 2025.
Now, Masterworks lets you invest in shares of artworks featuring legends like Banksy, Basquiat, and Picasso. Since 2019, investors have deployed $1.25 billion across 500+ artworks.
Masterworks has sold 25 works with net annualized returns like 14.6%, 17.6%, and 17.8%.
Shares can sell quickly, but my subscribers skip the waitlist:
*Per Masterworks data. Investing involves risk. Past performance not indicative of future returns. Important Reg A disclosures: masterworks.com/cd
TRIVIA
What 6-letter word goes after: paper, feather and counter to make three new words?
Answer below
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