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A new study has found that students will spend 25 years looking at their phone if screen habits don't change.

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Good morning. A new study has found that students will spend 25 years looking at their phone if screen habits don't change.


The average student spends five and a half hours on their phone per day, with 4% of students spending 9 hours or more.


If you're thinking 25 years is a lot, the calculation above didn't even include computer screens. 


All the headlines and more below...

AUSTRALIAN NEWS

Gas import plan in limbo as states’ meeting delayed

  • Australia's LNG import plan faces delays as state and federal ministers postpone approval discussions until after August. LINK

  • Generative AI is transforming legal practice by enhancing junior lawyers' work methods rather than eliminating roles. LINK

  • The Victorian government has revised its gas phase-out policy to allow continued gas heating use until 2027 whilst protecting local jobs and reducing bills. LINK

  • The eSafety Commissioner has advised Labor to axe its decision to carve out YouTube from its new social media age restrictions. LINK

GLOBAL NEWS

Bezos ‘forced to move Venice wedding party’

  • Airlines have resumed flights quickly despite safety risks from missile threats in the Middle East conflict. LINK

  • The US dollar fell after President Trump announced a ceasefire between Israel and Iran, sparking a risk rally and a sharp drop in oil prices. LINK

  • The UK competition watchdog has proposed new regulations requiring Google to provide fairer search rankings and greater transparency from 2026. LINK

  • Jeff Bezos has relocated his Venice wedding celebration after locals threatened to protest over potential city disruptions. LINK

COMPANY NEWS

Virgin Australia shares soar 11.4% in debut

  • Virgin Australia shares surged 11.4% after the airline returned to market after a 5-year absence under Bain Capital ownership. LINK

  • Collins Foods, Australia's largest KFC franchisee, has reported an 89% decline in full-year net profit to $40M despite maintaining strong operational performance. LINK

  • Major Australian law firms, including Ashurst, Herbert Smith Freehills, Kramer and Allens, are experimenting with agentic AI systems that can work independently to complete complex legal tasks. LINK

  • Amazon has committed to invest US$54B in the UK over 3 years to expand operations and create jobs. LINK

  • Treasury Wine Estates announced a $327M share buyback whilst warning of slower growth for its Penfolds brand through 2026. LINK

  • Aldi has reduced prices by 1% on key grocery items amidst competition with Woolworths and Coles for market share. LINK

  • A 7-Eleven service station and McDonald's outlet in Western Sydney sold for $18.4M at auction, setting a 2025 record for convenience and fast food properties. LINK

  • Jeanswest revenues have nearly halved to $34M in FY25 as administrators struggle to secure a buyer. LINK

  • DeepSeek faces US allegations of supporting China's military operations and circumventing export controls. LINK

  • Dexus has reported a $55M portfolio value increase while forecasting an 18 cents per share distribution. LINK

CHART OF THE DAY

The world’s largest oil producers

ONE MORE SCROLL

Editor’s Pick: What happens when our brain goes blank.

Draft Pick: Another reshuffle looming for Australia in West Indies Tests.

Odd Pick: US Navy loses $60 million jet at sea after it fell overboard from aircraft carrier.

TOGETHER WITH

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TRIVIA


Michael Jackson died on this day in 2009. How well do you know the King of Pop?

  1. What was the title of Michael Jackson’s best-selling album of all time?

  2. What was the name of Michael Jackson’s iconic estate in California?

  3. Which charitable single did Michael Jackson co-write with Lionel Richie in 1985?

  4. Who was Michael Jackson briefly married to in 1994?

  5. What was the name of Michael Jackson’s final concert tour that was ultimately cancelled due to his death?


Answers below

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ANSWERS

1. Thriller
2. Neverland Ranch
3. We Are the World
4. Lisa Marie Presley
5. This Is It


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