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🗞️ Parent dash
If you're a parent, you may have dreamed of beating the other parents in the 100m parent dash.
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Good morning. If you're a parent, you may have dreamed of beating the other parents in the 100m parent dash.
Well, three-time Olympic champion, Shelly-Ann Fraser-Pryce, did just that by destroying all the other parents in what looked like an 11-second 100m. Didn't even pull a hamstring.
If you've ever wanted to see normal humans vs professionals, here is your video.
All the headlines and more below...
AUSTRALIAN NEWS
Ben Roberts-Smith loses his Federal Court appeal

Ben Roberts-Smith has lost his appeal in the Federal Court to overturn a ruling that found he committed war crimes in Afghanistan, whilst he has immediately vowed to challenge the decision in the High Court. LINK
Australian property prices have risen 44% since 2020 while historical doubling occurs between 11 to 20 years. LINK
Working from home has become a permanent shift in Australia's job landscape. LINK
SA has banned preferential access taxi bookings to reduce wait times for passengers with disabilities. LINK
Australian banks distributed $23B in dividends during FY24 amid questions about future sustainability. LINK
The government's superannuation tax changes could affect younger workers with low balances due to pooled fund taxation. LINK
Australian consumers are embracing sustainable fashion choices as some commit to avoiding new clothing purchases throughout FY25. LINK
The NSW government warns of critical underfunding in healthcare while demanding federal support. LINK
Investment bonds emerge as alternatives to superannuation due to stable rules and lower withdrawal restrictions. LINK
Melbourne has achieved a 70% auction clearance rate ahead of the anticipated RBA rate reduction. LINK
The Australian Fashion Industry is pushing to revitalise local textile manufacturing whilst managing higher supply chain costs. LINK
NSW faces a landfill crisis as waste sites approach capacity by 2030. LINK
The Victorian government has announced a $4B renewable energy zone plan despite regional opposition and potential cost increases. LINK
AI's growing energy consumption has increased demand for advanced data centres and solid-state battery storage solutions. LINK
GLOBAL NEWS
US-China tariff pause boosts S&P 500 near record highs

COMPANY NEWS
Former EY partner and tax agent banned for tax evasion

A former EY partner has received a 5-year ban from the Tax Practitioners Board for tax evasion schemes. LINK
Meta's flagship AI model, "Behemoth," faces internal development delays despite billions invested in its performance capabilities. LINK
Lifeguarding Services Australia's associated company owes $400,000 in unpaid super whilst facing a $1.4M ATO tax claim. LINK
CBA has reached new valuation levels whilst analysts raise concerns about dividend sustainability. LINK
Westpac's institutional bank delivered $758M in earnings, contributing 22% to the group's $3.5B half-year profit whilst showing strong client growth. LINK
Apple has blocked Epic Games’ Fortnite from US and EU app stores, affecting global accessibility. LINK
Ampol has imported sustainable aviation fuel from Malaysia for Qantas, delivering 9.1M litres of blended fuel. LINK
Google One has reached 150 million subscribers through its new AI-powered US$19.99 monthly plan. LINK
News Corp has implemented mandatory AI training bootcamps for its Australian journalists to enhance daily news production. LINK
Applied Materials reported lower Q2 revenue as chipmaking equipment sales declined amid export uncertainties. LINK
AI startup Cohere has doubled its annualised revenue to $100M through secure enterprise deployments. LINK
Alibaba reported Q4 earnings of US$51.2B whilst experiencing weakened Chinese consumer demand. LINK
ONE MORE SCROLL
Editor’s Pick: How you can mathematically determine if your sofa can get around the corner.
Draft Pick: Verstappen wins Emilia-Romagna GP to close gap on F1 title rivals.
Odd Pick: Apple to fix iPhone dictation glitch that suggests replacing the word 'racist' with 'Trump'.
TOGETHER WITH

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TRIVIA
75 years ago the first Formula One World Championship race was held at Silverstone in the UK. We will give you five cities/countries below and you have to provide the name of the F1 track they currently use in that region.
1. Melbourne
2. Singapore
3. Japan
4. Azerbaijan
5. Belgium
Answer below
OUR SOCIALS
ANSWER
Albert Park
Marina Bay Street Circuit
Suzuka
Baku City Circuit
Circuit of Spa-Francorchamps
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