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🗞️ Passport power
If you have an Australian passport and you're feeling slightly less powerful today, it could be because your passport was devalued in the passport power rankings.
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Good morning. If you have an Australian passport and you're feeling slightly less powerful today, it could be because your passport was devalued in the passport power rankings.
Australia dropped to 7th, behind the UK and New Zealand.
And if you hold the Singapore passport... Congratulations, you're the most powerful of them all. Use your power wisely and enjoy that freedom of travel!
All the headlines and more below...
AUSTRALIAN NEWS
Major government cuts loom as Transport for NSW to cut almost 1,000 jobs

Transport for NSW will cut 950 jobs to streamline operations whilst improving sustainability amid financial reforms. LINK
The Australian government plans to remove YouTube's exemption from teen social media restrictions. LINK
Cyberattacks are emerging as a primary threat to Australia's insurance sector while only 20% of small businesses have cyber coverage. LINK
Australian government spending has reached its highest level since WWII due to rising NDIS costs. LINK
Australia must invest in disaster mitigation infrastructure as climate-related costs are projected to reach $73B annually by 2060. LINK
Complex planning laws are delaying Australia's renewable energy rollout whilst causing job uncertainty for electrical workers, according to unions and industry groups. LINK
Sydney's rail network remains susceptible to systemic failures whilst lacking major upgrade options. LINK
Australian beef producers are cashing in on Trump's crackdown on imports whilst limited stock has seen prices soar, despite being called out in his April speech. LINK
33% of Australians intend to purchase a new car by 2028, with potential annual savings of $1,500 by switching to hybrid or electric vehicles. LINK
GLOBAL NEWS
US nuclear weapons agency breached in Microsoft SharePoint hack

The US National Nuclear Security Administration was breached by a hack of Microsoft's SharePoint document management software, according to Bloomberg News. LINK
Higher US tariffs and trade uncertainty have worsened the economic outlook for developing Asia and the Pacific as the Asian Development Bank lowered its growth forecasts for the region. LINK
COMPANY NEWS
Louis Vuitton confirms data breach affecting Australians

Louis Vuitton has confirmed a data breach affecting Australian customers' personal data whilst maintaining financial details remained secure. LINK
IVF provider Genea confirmed patient medical data from a February cyberattack has been posted on the dark web. LINK
The NRL has begun invest in AI capabilities to bolster its decision making processes. LINK
ASIC is finalising multiple investigations into ANZ regarding bond rate rigging and retail customer data handling. LINK
Microsoft is offering sales employee bonuses following layoffs to compensate for external earnings challenges. LINK
Vodafone is rebranding to challenge Telstra under TPG Telecom's new marketing strategy for its 7.5 million subscribers. LINK
Echo Law has launched a class action against Qantas over alleged deliberate COVID-19 refund delays whilst extending travel credits to customers. LINK
WiseTech Global confirmed it was cutting some roles as part of a workforce review to focus on maximising efficiency via automation and artificial intelligence. LINK
Users rarely click Google AI-generated search result links. LINK
Employment Hero has won an interim court order forcing Seek to maintain API access for its job platform. LINK
Amazon is closing its Shanghai AI lab amid US-China tensions as part of strategic adjustments. LINK
McKinsey has banned its China operations from generative AI projects due to increasing US scrutiny. LINK
Microsoft's failed SharePoint security patch has enabled suspected Chinese hackers to target 100 organisations globally. LINK
Alibaba launched its advanced Qwen3-Coder AI model to automate software development whilst competing in China's AI sector. LINK
ONE MORE SCROLL
Editor’s Pick: These dancing light fixtures would be an interesting Christmas gift.
Draft Pick: Arsenal's $132M swoop on star striker to solve 'ridiculous' goal scoring problem.
TOGETHER WITH

Take what you’re doing offline and circle back on team wellness because real team bonding happens with puppies, not PowerPoint. Give your team an event they’ll actually look forward to with Puppy Yoga!
We’ve got you covered with Corporate Cuddles and Puppy Yoga 🐶
TRIVIA

We test you on the NATO phonetic alphabet today. What are the first five words of the NATO phonetic alphabet, starting with A, B, C, D and E?
Answers below