🗞️ Over before it started

Anyone who was hoping to take a sick day to watch The Ashes today will have to head into work.

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Good morning. Australia 1 - England 0.


Anyone who was hoping to take a sick day to watch The Ashes today will have to head into work. The wild first test was over in 2 days after 32 wickets fell across Friday and Saturday.


The next test starts on December 3rd in Brisbane, where you can expect some sun-burnt and broken (but still buoyant) English fans to rally for an early crunch match.


All the headlines and more below...

AUSTRALIAN NEWS

Private school fees set to keep rising

  • Falling fertility and rising migration are reshaping Australia's demographics as private school funding pressures are expected to drive up fees. LINK 

  • Job seekers are being misled by "ghost jobs" as employers increasingly list roles never meant to be filled, fuelling application fatigue. LINK

  • The Trump administration has privately objected to Australia’s local content quotas on US streaming platforms warning it could breach trade agreements. LINK

  • Retailers expect Australians to spend $7B during Black Friday weekend as the event gains importance ahead of the Christmas season. LINK 

  • Nineteen G20 nations including Australia signed a new joint statement reaffirming support for the Paris climate deal and free trade, whilst Donald Trump remained absent. LINK 

  • China has funnelled US$200B into Australian projects since 2000 as Australia becomes its third-largest loan recipient mostly through mining ventures. LINK

GLOBAL NEWS

Some migrants to face 20-year wait for settled status

  • High-earning Australians living in Britain face longer uncertainty as proposed UK immigration rules may double residency waits to 10 years. LINK 

  • Trump proposed a 50-year mortgage, arguing that it could cut repayments for younger homebuyers. LINK

  • The spread of short-term rentals has fuelled local economies as more tourist dollars flow beyond traditional hotspots. LINK

COMPANY NEWS

Domino’s under investigation after complaints

  • Domino’s Pizza is under investigation by the ACCC following franchisee complaints that rising operational fees are unfairly subsidising troubled overseas operations. LINK

  • Canva has become Australia’s most valuable tech firm with a US$42B valuation as Atlassian’s shares have declined 55% from their 2021 peak. LINK

  • Major social media platforms including Meta, TikTok and YouTube have refused to sign a voluntary pledge supporting Australia’s under-16 social media restrictions as concerns rise over enforcement. LINK 

  • Qantas and Virgin Australia will ban in-flight power bank use from December as a fire incident caused smoke in a cabin. LINK

  • Woolworths allegedly overpaid a consultancy during a major transformation as a former executive sued over excessive work hours. LINK 

  • Bapcor, owner of Autobarn and Burson, has lost $1B in value and 2 senior executives, facing intense competition and a business turnaround effort. LINK 

  • Atlassian has launched new AI-powered tools for its workplace software, emphasising its commitment to responsible AI development and implementation. LINK

  • Qantas apologised for its recent service failures whilst announcing a comprehensive customer improvement programme that includes $80M in additional investments. LINK

  • Lovisa reported a 26% sales rise as global store rollout continued aggressively, despite like-for-like sales having slowed to 3.5%. LINK 

  • Accent Group downgraded its FY26 earnings guidance as weak lifestyle footwear sales and falling retail margins impacted performance and missed consensus by 23%. LINK

  • Popular Chinese brand Labubu is opening a new Pop Mart store in Sydney’s Pitt Street Mall as the strip ranks 8th most expensive globally. LINK

  • Australian brand Swim Shady is facing a trademark battle with Eminem as he alleges its name confuses fans with his 'Slim Shady' persona. LINK

  • Westpac has stated that AI is more likely to automate routine white-collar tasks as it poses less risk for mass unemployment. LINK  

  • National Basketball League won a legal case against 2 clubs over financial transparency as the court found the clubs breached confidentiality clauses in their licence agreements. LINK  

ONE MORE SCROLL

Editor’s Pick: Classic pet name returns to the top spot on 2025’s most popular dog names list.

Draft Pick: Australia is soaking up a stunning victory in the opening Test of the Ashes series, but it’s not all good news in the Aussie camp.

Odd Pick: Bank of America sued over not paying workers for PC boot up time in proposed class action lawsuit.

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TRIVIA


The Ashes got off to a spectacular start over the weekend. We're starting the week with an Australia or England quiz.

Which country is the answer to the below questions? (UK or Australia)

  1. Which country has the largest population?

  2. Who won the first Ashes test over the weekend?

  3. Which country has had more female prime ministers?

  4. Which country has won more Men’s Rugby World Cups?

  5. Which country has a greater number of UNESCO World Heritage Sites within its borders?


Answers below

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ANSWERS

1. England
2. Australia
3. UK (3) v Australia (1)
4. Australia (2) v England (1)
5. England


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