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🗞️ Receding hairline
Cancel the boys' trip to Turkey, a new serum may make baldness reversible.
Pick & Scroll News
October 29, 2025
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Good morning. Cancel the boys' trip to Turkey, a new serum may make baldness reversible.
A huge update for your receding hairline friends, as researchers in Taiwan have developed a simple rub-on serum that helped completely bald mice grow a fresh coat of fur in just 3 weeks.
Let’s hope it doesn't create a back rug for the lads as well.
All the headlines and more below...
AUSTRALIAN NEWS
$8.5B Medicare change coming this week
Australia’s Medicare system will expand bulk-billing access to all Medicare cardholders starting 1 November, backed by an $8.5B investment as 900 of the required 2,600 GP practices have signed up. LINK
Australia’s Payday superannuation reforms will require employers to pay super with each salary payment, benefitting 1.3M low-income workers and raising the LISTO threshold from $37,000 to $45,000. LINK
Australian M&A activity shows signs of recovery as rising household spending and falling inflation lift confidence despite slowing trends caused by high borrowing costs. LINK
No large-scale renewable energy projects reached financial close in Q3 2025 while rising costs and transmission issues stall progress on Australia’s 82% renewable energy target by 2030. LINK
The ATO faced criticism for using debt collectors like Recoveriescorp whilst 355,000-plus taxpayers in 2024 were already repaying debts. LINK
The federal government will mandate public outage registers after Optus' triple zero failure prompted Senate scrutiny of telco emergency systems. LINK
AI is set to displace many Australian service jobs by 2027 as experts urge new manufacturing investment to avoid long-term instability. LINK
Mortgage debt into retirement is increasing as house prices rise while super funds face growing risks for older Australians’ finances. LINK
Australia’s east coast renewables growth has stalled due to poor weather and grid limits as experts warn emissions cuts must deepen by 2030. LINK
The proposed Australian social media ban for users under 16 is raising concerns about risks to at-risk youth as major platforms face a Senate inquiry. LINK
The Australian government will proceed with copyright reforms requiring tech companies to pay for using content to train AI whilst rejecting calls for a text and data mining exemption. LINK
The RBA signalled it is unlikely to cut interest rates soon as inflation exceeded forecasts ahead of the next board meeting. LINK
APRA has warned Australian banks of rising technology risk as they increase reliance on US cloud providers, prompting a sector-wide audit. LINK
COMPANY NEWS
Amazon plans to cut 30,000 corporate jobs in response to pandemic overhiring
Amazon is preparing to cut up to 30,000 corporate roles in its largest layoff ever as it reverses pandemic hiring and navigates AI disruption. LINK
ASIC and federal police raided WiseTech as part of a probe into chairman Richard White’s share trades linked to his divorce fallout. LINK
Google has clarified that panic over a Gmail data breach was due to reused previously leaked credentials rather than a new attack. LINK
Webjet's former legal counsel is suing the company whilst alleging she was dismissed for raising concerns over false claims in the CEO’s resume. LINK
PwC is under investigation by the Australian tax authority for misuse of privilege, misleading agencies and filing false tax claims. LINK
Costco has become the most trusted grocery brand in Australia as it surpassed Woolworths and Coles amid rising focus on customer trust. LINK
Healthscope staff backed a salary packaging plan as part of charity restructuring to avoid hospital closures despite union backlash. LINK
MLC is reducing its Australian equity holdings due to weak fundamentals as it shifts towards international markets and derivatives to boost returns. LINK
Betting group Entain admitted to some compliance failures as AUSTRAC alleged $152M in suspicious transactions occurred via its platforms. LINK
OpenAI is offering Indian users a free year of ChatGPT access whilst expanding its footprint in a rapidly growing digital market. LINK
Biotech giant CSL cut its 2026 revenue and profit forecasts due to lower US vaccination rates and slowing Chinese demand. LINK
ONE MORE SCROLL
Editor’s Pick: Back stretches may bring down blood pressure and reduce stress.
Draft Pick: Australia curlers Tahli Gill and Dean Hewitt face 2026 Winter Olympics qualification.
Odd Pick: Thunderbird 3 owner 'thought he ordered model'.
TOGETHER WITH
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TRIVIA
A landowner instructs a gardener to plant four rare trees so that the base of each tree is an equal distance to the other three. The gardener insists that the task is impossible, but the landowner disagrees. Frustrated, the gardener consults a mathematician, who explains how it can, in fact, be done. What does the mathematician reveal?
Answer below
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ANSWER
The mathematician reveals that one tree must be planted on the top of a hill. The remaining three trees all need to be planted at equal distances around the base of the hill. This ensures that the trees represent the corners of a tetrahedron (triangular pyramid), a shape with sides of equal length.
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