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Next time you're sitting next to a crying baby on a plane you will be able to reflect on this story and remember that it could be worse.

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Good morning. Next time you're sitting next to a crying baby on a plane you will be able to reflect on this story and remember that it could be worse.


An Australian couple started their romantic Italian holiday by sitting next to a dead person due to a lady dying on their flight.


After the lady died in front of them coming back from the toilet, the air hostess asked the couple to move over and placed the lady in the aisle seat.


All the headlines and more below...

AUSTRALIAN NEWS

Aussie homeowners aged 65-74 with mortgages has risen

  • The proportion of Australian homeowners aged 65-74 with mortgages has increased 44% to 13.4%, whilst those aged 55-64 jumped 37% to 43% over the decade to 2020. LINK 

  • Sydney's high-end properties are selling above reserve prices as buyer confidence strengthens. LINK

  • Australian pension payments will increase by 0.4% in March, giving singles $4.52 and couples $6.82 extra per fortnight. LINK

  • Victoria Police officers have approved a 5% annual pay rise, ending a prolonged industrial dispute. LINK

  • Australian mortgage brokers have facilitated $31.8B in home loan settlements whilst gaining market dominance in the first half of FY24. LINK 

  • Major Australian banks require manual requests for lower mortgage repayments despite the RBA rate cut. LINK

  • ASIC has launched a private equity and credit regulation review as private markets expand globally. LINK

  • The Australian government's $500M trade system overhaul has failed to deliver expected benefits to exporters. LINK

GLOBAL NEWS

Domestic violence rife among students

  • 1 in 5 young women aged 18-24 have experienced domestic violence in relationships. LINK

  • UK youth unemployment has reached nearly 1M, the highest level since 2013. LINK

  • Nearly half of England's councils face bankruptcy due to a £4.6B deficit. LINK

  • A $28.5B Singaporean family empire faces crisis as Chairman Kwek Leng Beng accuses his CEO son of orchestrating a boardroom coup. LINK

  • Global stock markets experienced volatility as the US escalated tariff threats amid weak economic data. LINK

COMPANY NEWS

Star scrambles for last-ditch deal with board unsure of its survival

  • Star Entertainment has halted trading while the board negotiates potential survival solutions, with approximately 8,000 jobs at risk. LINK

  • Woolworths plans $400M in cost reductions as its new CEO struggles with growth strategy against Coles competition. LINK 

  • Nearly 3,000 Mosaic Brands workers received fast-tracked unpaid wages through a government safety net after the clothing retailer collapsed. LINK

  • Australia Post reported a $249M first-half profit while pursuing banking partnerships with Macquarie, HSBC and ING. LINK 

  • Xiaomi has successfully launched electric vehicles whilst demonstrating China's EV supply chain dominance. LINK

  • Temu faces regulatory challenges in Southeast Asia despite becoming the world's most downloaded shopping app. LINK

  • Harvey Norman has reported strong sales growth driven by AI-enabled tech products despite a $10M loss in Britain. LINK

  • AWS has launched 'Ocelot', a quantum computing chip designed to reduce error correction costs. LINK

  • TPG Telecom has increased mobile customers through improved coverage from an Optus network-sharing deal. LINK 

  • Life360 has reported a 22% revenue increase to US$115.5M in Q4 FY24 driven by subscription growth and an acquisition of Fantix’s AI advertising unit. LINK

  • Endeavour Group posted weaker profits and a 0.7% fall in interim revenue to $6.62B as CEO Steve Donohue announces departure. LINK

  • Ventia has secured a $2.1B contract from NBN to provide broadband maintenance across 4 Australian states. LINK

  • AWP Australia and Allianz Australia Insurance have been fined $16.8M for misleading claims about travel insurance. LINK

  • SPC Global plans to diversify into wellness products after undertaking a major business restructure. LINK

CHART OF THE DAY

The global addressable market for cybersecurity could reach approximately $2 trillion

ONE MORE SCROLL

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TOGETHER WITH

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TRIVIA

Time Magazine


Time Magazine published its first issue on this day in 1923. Can you put the last 6 winners from Time Magazine 'Person of the Year' in order of what year they were awarded (2019 - 2024)?


Winners: Elon Musk, Taylor Swift, Joe Biden / Kamala Harris, Donald Trump, Greta Thunberg, Volodymyr Zelenskyy


Answers below

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

ANSWERS

2019: Greta Thunberg
2020: Joe Biden / Kamala Harris
2021: Elon Musk
2022: Volodymyr Zelenskyy
2023: Taylor Swift
2024: Donald Trump


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