🗞️ Mrs doubtfire

Getting 'creative' at tax time is one thing. Posing as your dead mother to collect her pension for 3 years is quite another.

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Good morning. Getting 'creative' at tax time is one thing. Posing as your dead mother to collect her pension for 3 years is quite another.


His deception was exposed when he dressed in her clothes to renew her identity card after it expired. Officials quickly found him out after realising they were speaking to a much younger man.


Given this performance, we'd be fascinated to see the tax documents he files.


All the headlines and more below...

AUSTRALIAN NEWS

Aussie gig workers to get pay bump in ‘world-first’

  • Australia has introduced a world-first law granting gig workers a $31.30/hour minimum rate, accident cover and new representation rights, though only during active delivery time. LINK 

  • Australian house prices are forecast to rise up to 21% nationally by 2026 as migration and an expanded first-home deposit scheme drive demand despite no further rate cuts. LINK 

  • Gen Z Australians spend 41 hours weekly on digital entertainment whilst 61% prefer user-generated content over traditional media. LINK 

  • More than half of Australians regretted a Black Friday purchase as 52% overspent while 48% bought unnecessary items. LINK 

  • As home prices rise, first-time buyers now choose between cheaper units and costlier detached houses, while long-term flexibility matters more than property type. LINK  

  • AI uptake by workers nearly doubled since 2024 while job security and monitoring concerns also increased. LINK  

  • Residential land values in Greater Sydney rose 4.7% over the year to June as affordability pressures grew in western suburbs like Fairfield and Penrith. LINK  

  • Not-for-profit disability service providers are exiting the NDIS as low price caps caused sustained losses of about 12% over 5 years. LINK 

  • Software’s share of vehicle cost is set to rise from 20% in 2022 to 40% by 2030. LINK  

  • Australia’s rooftop solar boom is slowing as household installations hit a 3-year low due to market saturation and increased battery adoption. LINK  

COMPANY NEWS

Top universities in Australia revealed for 2025

  • The University of Melbourne topped the 2025 Financial Review Best Universities Ranking as it narrowly beat Queensland and UNSW in teaching, research, equity and career impact. LINK 

  • Suncorp Bank is cutting at least 75 roles amid its integration with ANZ, raising union concerns over no-net-job-loss commitments. LINK

  • Star Entertainment may pursue privatisation if casino performance fails to improve, as it remains heavily indebted and without operational licences, warns chair Anne Ward. LINK  

  • Macquarie Group halted lending to property investors using trusts after concerns emerged over TikTok influencers promoting high-leverage tactics while scrutiny over the bank’s due diligence was avoided. LINK

  • Mesoblast projected over US$30M in Q4 sales for its Ryoncil therapy as a 37% revenue increase was driven by new Medicare billing codes. LINK

  • ABC Sydney has faced record low ratings across key shows as speculation grows over a 2026 line-up overhaul. LINK  

  • Ramsay Health Care exceeded expectations with 6.5% Q1 revenue growth and 5.8% EBIT growth in Australia whilst reaffirming its 2026 outlook and progressing its European restructure. LINK

  • Prezzee will partner with China’s UnionPay to launch a new debit card as part of its global expansion, which now delivers 80% of its revenue from offshore. LINK 

  • PayPal has warned that weaponised generative AI and quantum computing pose urgent risks to banks as they accelerate cyberattacks from months to hours. LINK  

  • SRG Global secured US$650M in contracts across the resources, water and defence sectors as demand for infrastructure services stayed robust. LINK

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ONE MORE SCROLL

Editor’s Pick: The 1 snack cardiologists try to never eat.

Draft Pick: Nick Kyrgios’ Aus Open comeback bid gathers steam as he joins star-studded Kooyong Classic field.

Odd Pick: German nurse gets life in jail after murdering 10 to reduce workload.

BRAINTEASER


Listed here are a group of words that each share the same, non-trivial trait.

PRICE, STABLE, PLATE, STONE, SMALL, THAT, DRINK, CHEAT

Which of the options below also has this trait?

  1. QUOIT

  2. CHAIR

  3. LEAGUE

  4. GROUP

  5. VALID


Answer below

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ANSWER

2. CHAIR

Each of the words in the list can have its first letter removed and still form a valid word. Furthermore, each word can have its first two letters removed and still form a valid word.


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