🗞️ Real talk

Good morning. We are starting off with some relationship advice common sense this morning.

One of the most damaging phrases you can say in a relationship is, "Why can't you be more like (insert other person's name)?"

And maybe don’t name the colleague you’ve spent more waking hours with than your partner.

All the headlines and more below...

AUSTRALIAN NEWS

Buyer and seller activity surges after election

• Sydney's property market has revived as sellers return from the election with renewed buyer confidence. LINK

• Westpac reported signs of Australian economic recovery amidst reducing mortgage stress and growing corporate financing demand. LINK

• Australia's used car market has expanded with electric vehicles as new efficiency standards and fleet electrification drive adoption. LINK

• Australia faces higher prices for Chinese imports due to global trade realignments amid US-China tensions. LINK

GLOBAL NEWS

EU to set out plans to halt Russian gas imports by end-2027

• The EU will propose measures to ban Russian gas imports by 2027, creating a legal framework to end remaining imports whilst prohibiting new deals by 2025, with Russia still accounting for 19% of the EU’s gas purchases. LINK

• The Taiwanese Dollar posted its biggest 2-day climb in over 3 decades amid exporter selling of the US dollar. LINK

COMPANY NEWS

DoorDash and UK's Deliveroo serve up $3.9 billion deal to take on rivals

• US food delivery giant DoorDash to acquire UK rival Deliveroo for £2.9B. LINK

• Hungry Jack's has been fined $150,000 for distributing 28,000 unsafe toys containing button batteries without adequate safety warnings. LINK

• PwC faces investigation over $20M in NSW infrastructure contracts corruption case. LINK

• OpenAI has abandoned plans to become a conventional for-profit company, announcing its for-profit LLC will become a public benefit corporation. LINK

• The ABC will unveil its next AI strategy phase by expanding staff access to its ABC Assist content production tool. LINK

• PwC has announced 1,500 US job cuts due to low employee turnover. LINK

• Shein and Temu increased European digital advertising by 40% as US tariffs threaten margins. LINK

• Huawei is capturing Nvidia’s market share in China by filling the AI chip gap left by US export bans. LINK

• IBM launched new AI tools to help businesses create AI agents using models from IBM, Meta and Mistral. LINK

• The US Department of Justice is pursuing a breakup of Google's advertising business after a court found illegal monopoly practices. LINK

• Tabcorp will launch live sports betting via its app across 3700 NSW venues, whilst starting with a two-venue trial after receiving regulatory approval. LINK

• Sigma Healthcare anticipates continued growth through medicine demand and store expansion following Chemist Warehouse merger. LINK

CHART OF THE DAY

More people are living for longer, indicating strong future demand for senior-living solutions

ONE MORE SCROLL

Editor’s Pick: Sydney to Tokyo return with Japan Airlines for $929.

Draft Pick: The Roosters have reportedly told high-profile recruit Dom Young he’s free to leave the club immediately.

Odd Pick: Mount Fuji climber rescued twice after going back for lost phone.

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BRAINTEASER

If….
OWL = 6
DUCK = 8
CAT = 12
ANT = 18
HORSE = 20
Then what does SNAKE equal?

Answer below

OUR SOCIALS

ANSWER

The formula to determine the value of each animal is: number of letters in the animal’s name x number of legs the animal has. This means…
OWL: 3 x 2 = 6
DUCK: 4 x 2 = 8
CAT: 3 x 4 = 12
ANT: 3 x 6 = 18
HORSE: 5 x 4 = 20
Hence, SNAKE: 5 x 0 = 0.

Source: puzzleaday.wordpress.com

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