- Pick & Scroll News
- Posts
- 🗞️ Wild weather
🗞️ Wild weather
If you are currently on your way to work in NSW, we hope you get dropped at your office door.
Pick & Scroll News
July 01, 2025
Was this email forwarded to you? Sign up here
|  |
Good morning. If you are currently on the way to work in NSW, we hope your mode of transport drops you at your office door.
Up to 250mm of rain is expected in isolated pockets which will be accompanied by damaging winds. Residents are even being urged to ‘secure their cars’ given the 100 kilometre gusts.
Today is the one day in the year where you are allowed to open a video call with some weather chat.
All the headlines and more below...
AUSTRALIAN NEWS
Mexican chefs sold ‘make-believe’ by Merivale
The Fair Work Ombudsman is investigating Merivale for alleged underpayment of migrant workers and staff overwork. LINK
Australia's superannuation industry has welcomed the withdrawal of a US tax proposal, whilst remaining cautious about future US policy impacts. LINK
Melbourne has fallen to 6th place in Australian property rankings while the Gold Coast rises to 2nd position. LINK
ASX 100 CEOs have doubled their LinkedIn usage to 80% over 2 years for stakeholder engagement and company updates. LINK
Australia leads globally in unicorn startup production per venture capital investment despite early-stage funding gaps. LINK
The Australian government launched a gas market regulation review to ensure domestic supply security. LINK
Australia faces $27B loss in gas and iron ore exports due to US-China trade tensions. LINK
The Bureau of Meteorology warns of a bomb cyclone approaching NSW and VIC coasts. LINK
Australians pocket $2,500 in tax refunds on average. LINK
ASIC has taken legal action against 3 GFG Alliance companies for failing to lodge annual reports. LINK
GLOBAL NEWS
Europe’s ports strained by Trump tariffs
European ports face severe congestion due to Trump's tariff policies and low water levels. LINK
Global mergers and acquisitions underperformed in FY25's first half while Asian and US markets show renewed momentum. LINK
The US dollar weakened against major currencies as trade deal optimism and dovish Fed commentary spurred rate cut speculation. LINK
Trump has claimed to have secured wealthy US buyers for TikTok pending Chinese approval. LINK
China's factory activity contracted for a 3rd consecutive month with a 49.7% PMI forecast as weak domestic demand persists. LINK
European investors are turning to EU markets while H2Apex's €200M hydrogen venture faces US instability. LINK
UK entry-level job vacancies have fallen 32% since ChatGPT's 2022 launch as companies adopt AI. LINK
COMPANY NEWS
Big four partner exodus reshapes consulting sector
The big four consulting firms have cut 500 partners over 2 years, while PwC leads the exodus amid declining advisory demand. LINK
Bloomberg has endorsed the use of generative AI tools for journalistic tasks, including research and summarisation. LINK
MinterEllison faces a $800,000 lawsuit from a former staffer over unaddressed bullying complaints. LINK
Polaroid has launched the $400 Flip instant camera with autofocus capabilities whilst lacking manual controls. LINK
JPMorgan, Citi and Goldman Sachs have secured the top 3 positions in Australian equity capital markets as activity increased by 20% year-on-year. LINK
TPG has received a warning for failing to notify Telstra during an 80-minute triple-0 network outage. LINK
Tesla has launched its first V4 superchargers across several Chinese provinces whilst planning expansion to major cities. LINK
Superloop has forecast FY25 earnings of $91M, representing a 67% increase from FY24. LINK
The Star Entertainment Group's Hong Kong-based joint venture partners Chow Tai Fook Enterprises and Far East Consortium have issued a termination notice on plans to buy The Star's 50% stake in the Queen's Wharf Brisbane casino project for $53M. LINK
The ACCC is taking Bupa to court over misleading conduct as the company agrees to a $35M penalty. LINK
DroneShield has secured $9.7M in Latin American defence contracts. LINK
Seeing Machines, backed by Mitsubishi and supplying to BMW and GM, gains global traction whilst lacking presence on Australian roads. LINK
Bundaberg has launched a new Campfire rum range with dessert-inspired flavours to attract younger Australian consumers. LINK
Nine Entertainment subsidiary Stan has acquired Optus Sport assets for $20M upfront, including English Premier League and Emirates FA Cup streaming rights through the 2027/2028 seasons. LINK
ASIC is suing Delta Power & Energy for alleged market manipulation of energy futures whilst operating the Vales Point coal station during September-October 2022. LINK
Brickworks has announced a $75M impairment in its North American division due to weak construction demand. LINK
ONE MORE SCROLL
Editor’s Pick: Eminem - LOSE YOURSELF (Sung by 331 Movies!)
Draft Pick: Medvedev suffers shock first round exit.
Odd Pick: Psychopaths are more attractive, study warns.
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
Below are 5 years and the top Google searches for each year. Match the Google search with the relevant year:
Google Search:
Football World Cup
Whitney Houston
Robin Williams
Johnny Depp
Donald Trump
Year:
2012
2014
2016
2018
2022
Answers below
OUR SOCIALS
 |
ANSWERS
1. Whitney Houston (2012)
2. Robin Williams (2014)
3. Donald Trump (2016)
4. Football World Cup (2018)
5. Johnny Depp (2022)
Was this email forwarded to you? Sign up here