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If you're a parent with young children or you battled with sleep last night, you probably still slept more than Japan's Prime Minister, Sanae Takaichi.

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Good morning. If you're a parent with young children or struggled with sleep last night, you probably still slept more than Japan's Prime Minister, Sanae Takaichi.


After a controversial 3 a.m. staff meeting last week, Japan's first female Prime Minister revealed that she sleeps only 2 to 4 hours a night, claiming that sleep as "bad for her skin."


Given that she has previously encouraged long working hours to boost productivity, it’s hard to imagine her adopting Australia's 'right to disconnect' law any time soon.


All the headlines and more below...

AUSTRALIAN NEWS

Cybercriminals unleash fake Centrelink scam on vulnerable Australians

  • A phishing scam using AI-generated emails hit 270K Australians as cybercriminals impersonated government bodies like Centrelink and Medicare for more realistic attacks. LINK 

  • Tasmania temporarily closed parts of the rock lobster fishery as China’s strict antibiotic import rules exposed florfenicol use at salmon farms near the D’Entrecasteaux Channel. LINK

  • The $5B Northern Water project in SA was delayed until at least 2032 as BHP postponed its Olympic Dam expansion, affecting taxpayer cost recovery. LINK

  • NDIS costs continue to rise as 13,851 children joined the scheme last quarter while 16% of 6-year-old Australian boys now participate due to autism and developmental issues. LINK 

  • Brisbane has become Australia’s leading sporting city whilst rising to 20th globally as its Olympic bid boosts tourism, infrastructure and a $70B expected economic uplift. LINK 

  • Australian scientists are developing a new test to detect asbestos-related illnesses earlier as contamination forced the closure of 71 ACT schools. LINK

  • Australian personal insolvencies rose 5.3% to 12,257 in FY25 as regulators warned about ongoing risk from high living costs and illegitimate consumer loans. LINK

  • Low Australian productivity and economic growth, now at 2.1%, could reduce wages and living standards as CBA and RBA urge urgent investment and reforms. LINK

  • Corporate AI efforts in Australia have faltered due to faulty implementation and backlash as CBA’s workforce impacts show the risks of poor AI planning. LINK 

  • Young Australians are challenging money taboos as 65% under 24 now say finances are acceptable first-date topics including debt and investment talk. LINK 

  • Australian companies earning over $725M are increasingly using private credit as 46% adopted it in 2024, up from 28%, despite ASIC scrutiny. LINK

GLOBAL NEWS

Australia urged to increase support for Ukraine

  • Ukraine has requested more aid from Australia as it ranks 35th out of 41 countries in GDP-relative donations despite contributing US$1.76B to date. LINK

  • Australia and the EU continued trade negotiations over meat quotas and labelling standards with both sides remaining hopeful for an agreement. LINK

  • Japan’s economy shrank 1.8% in Q3 as US tariffs hurt auto exports, marking its first contraction in over a year. LINK

COMPANY NEWS

AWS: Working to bridge the AI gap in Australia

  • AWS will invest $20B in Australia by 2029 to grow cloud and AI infrastructure whilst supporting renewables, adding to its $9.1B local investment. LINK

  • Atlassian failed to cut travel emissions by 25% by 2025, instead posting a 135% rise, as it claimed the CEO’s jet had minimal impact. LINK 

  • Zoom is expanding its platform to include AI tools, meetings, calls and chat as it competes with Microsoft Teams and reacts to return-to-office demands. LINK  

  • Amazon, Temu and Shein are forecast to control 36% of Australia's online retail by 2026, pressuring Kogan and Myer to specialise or scale. LINK  

  • Big 4 bank CEOs including those from ANZ and Westpac are facing parliamentary scrutiny as issues such as job cuts, misconduct and rural closures are questioned by MPs. LINK 

  • Lendlease will sell assets from its $2.8B retail fund amid heavy redemption pressure despite winning a management rights dispute with Hostplus. LINK  

  • Elders posted a 12% profit rise to $50.3M and a 30% trading lift in recent weeks, helped by better weather and lifted US beef tariffs. LINK 

  • Groq is investing $459M in Australia to expand AI data centres as it launched a 4.5MW inference cluster in Sydney to meet growing Asia-Pacific demand. LINK 

  • Panthera Finance is under legal review for chasing over 200,000 debts in Victoria whilst allegedly banned, potentially triggering consumer refunds. LINK

  • Pro-Pac Packaging Group entered administration owing over $26M, as a Federal Court approved a $22.6M rescue and staff entitlements reached $270,000. LINK 

  • Guinness is growing at double-digit rates in Australia, targeting Gen Z through trends like "split the G" and a focus on the perfect pint. LINK  

  • Wendy’s set a global debut record by selling 17,000 burgers in its first week at the Brisbane launch. LINK

CHART OF THE DAY

Diabetes cases are climbing

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TOGETHER WITH


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TRIVIA


Which country has held the most Olympic Games?


Answer below

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ANSWER

The United States has hosted the most Olympic Games, with a total of 8 editions including both Summer and Winter Games as of 2025.


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