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🗞️ 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
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.
TOGETHER WITH

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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


