🗞️ Overstretched

The next time you blow out your budget on a holiday or on a night out, you now have a reason to feel better about yourself.

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Pick & Scroll News
November 25, 2025

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Together with


Good morning. The next time you blow out your budget on a holiday or on a night out, you now have a reason to feel better about yourself.


The Bureau of Meteorology is facing huge backlash because its website redesign project cost $96M verse the expected $4.1M.


To the tech consultancy that oversaw this project, we applaud you.


All the headlines and more below...

AUSTRALIAN NEWS

Human attention spans are 1/3 of what they were 30 years ago

  • Human attention spans have dropped from 2 minutes 30 seconds in 1994 to 47 seconds in 2024 as tech overload fuels a mental state called 'popcorn brain'. LINK AFR 

  • Victoria has introduced new rental reforms as it bans 'no reason' evictions and tightens rental bidding rules to boost renters’ rights amid a housing crisis. LINK 

  • Generative AI underperforms in creative advertising tasks as it lacks humour, metaphor and imagination. LINK AUS 

  • 75% of female transport workers suffer health issues as they face unsafe and unsanitary toilet facilities during shifts. LINK 

  • A bird strike has caused a fatal helicopter crash in Australia. LINK 

  • Australia risks missing an annual $44B productivity boost from AI as a critical skills gap and slow small business uptake hinders adoption. LINK AUS 

  • Nearly 1M Australian children are experiencing rising disadvantage as anxiety and underperformance worsen due to systemic inequality and weak policy reform. LINK

  • AI-driven job losses are hitting US graduates, sparking Australian concerns about white-collar careers and educational strategy. LINK AUS

COMPANY NEWS

RBA staff to get 8 ‘wellbeing’ days off a year

  • The RBA has approved 8 wellbeing leave days per year without requiring evidence despite warnings over national productivity and downgra

    ded growth outlook. LINK AUS

  • OpenAI launched internal reviews after updates to ChatGPT’s personality unexpectedly led users to report intense emotional reactions. LINK AFR 

  • CBA has restricted new home lending via trusts and companies for investors as it responds to rising market risk and growing investor loan volumes. LINK

  • Penfolds has attracted collectors with bottles worth up to $30,000 to its recorking clinics as it evaluates and reseals older premium wines at the Adelaide Magill Estate. LINK 

  • Realestate.com.au attracted a record 13.05M Australian visitors in October, using a strong membership model and strategy to lead Domain by 5.5M users. LINK AUS 

  • CBA has faced political pressure for refusing to refund $270M in fees taken from 2M low-income customers1 as critics question its ethics and accountability standards. LINK AFR 

TOGETHER WITH

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

ONE MORE SCROLL

Editor’s Pick: 4 simple challenges that reveal how well your body is really ageing.

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Odd Pick: 'This animal spared my life': Biologist bitten in head by shark hopes to meet it again.

BRAINTEASER


This trivia comes from the show, The 1% Club. This is the 5% question meaning only 5 out of 100 people got it correct. You have 30 seconds to prove you are in the smartest 5%. Your time starts now...

What two letters finish off this sequence of pairs of letters:

SR ET TE LF OS RI ??


Answer below

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ANSWER

PA - which makes: pairs of letters (backwards)


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