🗞️ Million dollar question

Did you know that in Russia, audience members on Who Wants to be a Millionaire sometimes deliberately choose the wrong answer during the “Ask the Audience” segment to sabotage the person playing?

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Good morning. Did you know that in Russia, audience members on Who Wants to be a Millionaire sometimes deliberately choose the wrong answer during the “Ask the Audience” segment to sabotage the person playing?


Be nice to people today! Be better than that.


All the headlines and more below...

AUSTRALIAN NEWS

‘Unfair’: The GST figure dividing states

  • Australia’s fertility rate continues to decline as rising living expenses and parental costs heavily impact lower-income families. LINK 

  • Western Australia has retained 75 cents per GST dollar under a funding deal whilst other states argue it is “unfair” ahead of an August Productivity Commission review. LINK 

  • Homeowners are facing continued hardship as inflation exceeds expectations as interest rates stay high without signs of short-term relief. LINK 

  • AI is boosting financial planners’ capacity as adviser numbers dropped 47% since 2019 and a 2026 deadline may force 1,000 more to exit, worsening access to advice. LINK AFR

GLOBAL NEWS

Fed cuts US interest rates again despite 'flying blind'

  • The US Fed cut interest rates to about 3.9% as economic growth slowed, citing weaker job gains and missing government data due to a shutdown. LINK

  • Trump announced a new US-China trade deal with Xi Jinping involving tariff cuts and increased US agricultural exports as China eased rare earth restrictions. LINK

COMPANY NEWS

Nvidia becomes world’s first US$5T company

  • Nvidia has become the world’s first US$5T company as strong AI chip sales and hopes of renewed China market access drove a 5.2% valuation surge. LINK

  • Alibaba has launched US$560 AI-powered smart glasses capable of real-time translation whilst aiming to make wearable technology mainstream and more affordable. LINK

  • Wesfarmers reported 13,500 threats and over 1,000 assaults against staff at Bunnings and Kmart, pushing for greater government action amid Victoria’s crime surge. LINK

  • Coles recorded 3.9% sales growth to $10.96B, outperforming Woolworths for the 7th consecutive quarter, gaining market share and customer footfall. LINK 

  • Microsoft beat earnings expectations with $27.7B in net income while capital spending rose to $34.9B amid soaring demand for AI and cloud services. LINK

  • Channel 10 will cut 10 News+ to 30 minutes and shift its time slot as viewership fell from 291,000 to 122,000 since June despite no planned job losses. LINK

  • JB Hi-Fi reported a 6% Q1 sales growth in Australia and a 39.3% surge in NZ, anticipating a strong holiday period as AI device demand and festive promotions support seasonal sales. LINK  

  • Ampol saw Q3 fuel sales decline by 7.6% due to refinery maintenance and weather disruptions as margins rose to $10.64 per barrel from global supply issues. LINK

  • Steadfast Group halted ASX trading whilst an investigation into a workplace complaint targeted a senior executive. LINK 

  • Alphabet beat Q3 forecasts with $102.35B in revenue as it raised its AI-linked capital expenditure forecast to $93B. LINK

  • Novo Nordisk and Eli Lilly launched weight-focused ad campaigns omitted product names, drawing criticism over potentially unethical promotion of Wegovy and Mounjaro. LINK

CHART OF THE DAY

1 in 4 globally still lack access to safe water

ONE MORE SCROLL

Editor’s Pick: 9 dieticians reveal the high-fibre foods they eat every day.

Draft Pick: ‘All too well’: Tragic words after cricket death.

Odd Pick: Defiant nuns flee care home for their abandoned convent in the Alps.

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BRAINTEASER


Halloween’s almost here! If you’re skipping the parties but still feeling festive, try this brainteaser.


Daniel has fewer than 20 sweets left. When 2 trick-or-treaters arrive, he tries to share the sweets evenly, but 1 is left over. Then a third child shows up again, 1 sweet remains after dividing. Finally, a fourth trick-or-treater appears, and he still has 1 sweet left over.


How many sweets did Daniel have when the doorbell first rang?


Answer below

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ANSWER

Daniel had 13 sweets.


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