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Prenups, European Airfares & Paris Olympics
Aussies may face higher orange juice prices and changes in juice blends due to a global orange shortage caused by drought and disease in Brazil.
Pick & Scroll News
June 06, 2024
One Read, All Perspectives
Australian News
Australians may face higher orange juice prices and changes in juice blends due to a global orange shortage caused by drought and disease in Brazil. LINK
The federal government has removed biosecurity foot mats from airports after stabilisation of foot and mouth disease in Indonesia. LINK
The Bank of Mum and Dad is driving increased demand for prenups in Australia, following a spike in divorce applications during the pandemic. LINK
Super funds are pressuring fast food giants like McDonald's for more transparency on antibiotic use due to health concerns. LINK
Households are spending more on travel and saving less. LINK
eSafety Commissioner dropped the court case against Elon Musk's X over the Bondi stabbing video. LINK
The Australian government has introduced legislation requiring BNPL firms to run credit checks on borrowers to regulate the sector. LINK
Australia's GDP growth slowed to 0.1% in Q1 due to high borrowing costs and inflation, marking the slowest pace outside the pandemic in 3 decades. LINK
Global News
European airfares are set to fall in economy class, according to airline CEOs gathered at the International Air Transport Association's annual meeting. LINK
Joe Biden imposed new measures to bar migrants at the US-Mexico border. LINK
Security fears may force the Paris Olympics to abandon its Seine River opening ceremony. LINK
Donald Trump faces scrutiny on mental capacity as donations flood in following his conviction, with both sides accusing each other of dementia. LINK
Novak Djokovic withdrew from the French Open with a knee injury, ensuring Jannik Sinner will become the new men's world No. 1. LINK
Company News
Active Super was found guilty of greenwashing by the Federal Court for falsely claiming to exclude investments in coal and gambling. LINK
Medibank will defend against federal court claims it failed to protect customer privacy during a major 2022 cyberattack affecting 9.7M customers. LINK
A survey of ABC News staff revealed 13% experienced sexual harassment and 29% have been bullied. LINK
Sonic Healthcare is positioning to acquire Healius' diagnostic imaging business, potentially fetching up to $800M. LINK
Country Road Group staff jeered their global CEO during a town hall meeting after he blamed lower-level managers for not escalating sexual harassment and bullying claims. LINK
Hewlett Packard forecasts strong Q3 revenue due to high demand for its AI servers, boosting its shares by 11%. LINK
TikTok thwarted a cyberattack targeting several brand and celebrity accounts, including CNN. LINK
Qantas expressed confidence in Boeing's ability to address quality issues following recent crises, including a loose door plug incident. LINK
Cathay Pacific has returned its last stored aircraft to service after nearly 4 years, marking the end of its COVID-19 storage period. LINK
MediSecure has collapsed into administration weeks after a large-scale data breach. LINK
This Week’s Top Picks
Carnival Corporation will shut down P&O Cruises Australia due to high port charges and berth difficulties, folding the brand into Carnival Cruise Line next March. LINK
Businesses in regional Western Australia are building homes to attract staff due to a severe housing shortage. LINK
NDIS integrity chief reported 90% of plan managers showed significant indicators of fraud, including misuse of scheme funds for drugs and alcohol. LINK
House prices in some of the cheaper suburbs in Sydney and Perth surged by more than 10% in 3 months. LINK
Queensland is now the second most expensive state for housing in Australia. LINK
Hundreds of Victorians are calling the RSPCA each month to surrender pets they can't afford to keep. LINK
Australia's wealthiest 200 individuals now control $625B, reflecting an 11% increase in their total fortune, with technology, resources and property driving growth. LINK
Guzman y Gomez is preparing for a $2.2B IPO on the ASX in June. LINK
Qantas will establish Perth as a major aviation hub with a $3B investment in new terminal and runway infrastructure at Perth Airport. LINK
Nvidia unveiled its next-generation AI processors, Rubin. LINK
