🗞️ Red vs blue

After months of one of the most chaotic elections in history—featuring two assassination attempts, a debate meltdown, racist remarks, fascist accusations, and $1 million giveaways—the finish line is finally in sight.

 


Together with


Good morning. After months of one of the most chaotic elections in history—featuring two assassination attempts, a debate meltdown, racist remarks, fascist accusations, and $1 million giveaways—the finish line is finally in sight.


The first polls close at 10 AEST, and from midday onward, significant results should start rolling in. If you want to know all of the important times to check-in on the result they are listed here and a visual count of the votes is here.


If you're still reeling from your $10 sweepstake loss yesterday then imagine how Theo will feel if Kamala Harris wins after he put $30 million on Trump to win the election.


All the headlines and more below...

PODCAST

🎧 Your morning wrap on-the-go LINK

AUSTRALIAN NEWS

Australia central bank sees inflation still sticky, job growth strong

  • The RBA kept the interest rates at 4.35% yesterday and remains firm on maintaining rates despite pressure from retailers and global easing trends, expressing concern over continued housing credit growth despite higher interest rates. LINK

  • Food and grocery manufacturers assert that supermarkets control pricing and frequently demand sensitive business information. LINK

  • Australian consumers are criticising mobile retailers and telcos for inadequate protection after the 3G shutdown affected some 4G and 5G phone users. LINK

  • Australia's housing market is facing a potential surplus of empty bedrooms as detached house approvals continue to exceed apartment approvals. LINK

  • Nearly half of workers are saying 'no' to promotions LINK

COMPANY NEWS

Domino's CEO steps down after 22 years in the role

  • Domino's Pizza announced CEO Don Meij will retire after nearly 40 years with the company, while reporting a 1.2% decline in same-store sales. LINK

  • Harvey Norman and Latitude Financial have been found by the Federal Court to have misled consumers with interest-free payment advertisements between January 2020 and August 2021. LINK

  • Qantas will modify its assistance dog policies following a disability discrimination lawsuit. LINK

  • Meta has been fined US$15.67M by South Korea for improperly collecting and sharing sensitive data from approximately 980,000 Facebook users. LINK

  • Nintendo has lowered its annual operating profit forecast by 10% as Switch console sales decline. LINK

  • OpenAI is engaging in preliminary discussions regarding its potential transition from non-profit to for-profit status. LINK

  • Amazon employees are challenging CEO Andy Jassy's full-time return-to-office mandate scheduled for January 2, citing lack of data-driven justification. LINK

  • Toyota is projected to report its first profit decline in 2 years, with a 14% drop in quarterly operating profit amid cooling demand and increased competition in China's EV market. LINK

  • Meta will extend its ban on new political advertisements following the US election to combat misinformation. LINK

  • KPMG is reducing its US audit workforce by less than 4%, affecting approximately 330 employees. LINK

  • Burberry's shares increased by 6% following reports that Italian competitor Moncler, potentially backed by LVMH, is considering a takeover bid. LINK

CHART OF THE DAY

Many dead celebrities still earn huge sums of money

ONE MORE SCROLL

Editor’s Pick: Some cool visual representations on what makes the human brain so special.

Draft Pick: Jockey Robbie Dolan goes from star turn on The Voice to live out Melbourne Cup dream.

TRIVIA

Vroom vroom

We have three days left until Year 12 students are done with exams for life (or until next year). Today we delve into the world of Automotive. Here are 5 questions a Year 12 student won't be receiving today:

  1. What car manufacturer is known for its prancing horse logo?

  2. What does "SUV" stand for in the automotive industry?

  3. What was the first Japanese car company to establish a manufacturing plant in the United States?

  4. What country is home to the luxury car brand Bugatti?

  5. What year was the Tesla Model S first released?


Answers below

IN PARTNERSHIP WITH

Your go-to for insights into corporate Australia sourced from our AusCorp community and delivered to you without the red tape and corporate fluff 🔥
Just dropped: Your fortnightly caffeinated dose of AusCorp.

Looking for a collab? Shoot us an email here.

OUR SOCIALS

Join over 17,000 followers on our LinkedIn and Instagram for industry insights and snapshots.
Like what you read? Share Pick & Scroll with your family, friends and colleagues below. 👇

ANSWERS

1. Ferrari
2. Sport Utility Vehicle
3. Honda
4. France
5. 2012


Was this email forwarded to you? Sign up here