🗞️ 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

  • The US-China tariff pause has boosted the S&P 500 near record highs despite elevated price-earnings ratios. LINK

  • China has imposed tariffs up to 74.9% on hard plastics from the US, EU, Japan and Taiwan. LINK

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

CHART OF THE DAY

The best and worst countries for LGBTQ+ travellers

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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We’ve got you covered with Corporate Cuddles and Puppy Yoga 🐶

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

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Like what you read? Share Pick & Scroll with your family, friends and colleagues below. 👇

ANSWER

  1. Albert Park

  2. Marina Bay Street Circuit

  3. Suzuka

  4. Baku City Circuit

  5. Circuit of Spa-Francorchamps


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