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A study found that using a smartwatch not only helps you start exercising but also means you are 7 times more likely to still be active after 6 months.
Pick & Scroll News
July 02, 2025
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Good morning. A study found that using a smartwatch not only helps you start exercising but also means you are 7 times more likely to still be active after 6 months.
The study did not confirm whether you were also 7 times more likely to annoy your work colleagues by talking about your sleep score or how many rings you closed yesterday.
All the headlines and more below...
AUSTRALIAN NEWS
Sydney flight cancellations could extend to Wednesday as airport drops to single runway
A severe bomb cyclone has disrupted over 40 flights at Sydney Airport whilst closing 2 runways. LINK
The job market is shifting towards higher-skill roles without formal degree requirements as alternative pathways gain prominence over traditional university qualifications. LINK
The property market in Brisbane and Adelaide has surged by $70,000 since the start of FY24, whilst regional SA recorded the highest national growth at 12.9%. LINK
Australian small businesses face increased cyber threats from pro-Russian and pro-Iranian actors. LINK
NSW households must separate food and garden waste by 2030 as the EPA implements stricter bin regulations. LINK
The NSW government has fast-tracked a $1.8B development for 1,200 new homes in Sydney's Five Dock. LINK
COMPANY NEWS
Medibank shares gain after rival Bupa cops $35M fine
Medibank shares benefitted as rival Bupa agreed to pay a $35M fine for misleading conduct uncovered by the ACCC. LINK
Channel 7 has gone off-air in parts of SA and NSW after failing to renew an agreement with WIN Television, whilst potentially breaching licence conditions. LINK
The ACCC is taking Edgewell Personal Care to court over false 'reef-friendly' claims for its sunscreens. LINK
PwC has reduced service prices as AI implementation improves efficiency for clients. LINK
Optiver is offering graduates $250,000 salaries as it expands its Sydney headquarters for high-frequency trading operations. LINK
Apple is considering using AI technology from Anthropic or OpenAI to power a new version of Siri, instead of its own in-house models, in what would represent a major reversal of its AI strategy. LINK
Amazon has deployed its 1 millionth robot whilst introducing an AI model to improve delivery speeds by 10%. LINK
OpenAI confirmed it will continue using Nvidia and AMD hardware as it develops its own AI chips. LINK
Seven West Media has acquired Southern Cross Media's regional licenses for $3.75M to become Australia's largest regional TV broadcaster. LINK
Mesoblast announced alignment with the FDA on key components of its Revascor heart failure treatment application. LINK
Google has committed to purchase 200 megawatts of fusion-generated power from Commonwealth Fusion Systems' future Arc plant. LINK
Woolworths is restructuring its supermarket leadership to regain market share from Coles and Aldi. LINK
OpenAI has launched an Economic Blueprint campaign in Australia, seeking policy changes to unlock $115B economic potential by 2030. LINK
The Reject Shop will suspend ASX trading following its $259M acquisition by Dollarama. LINK
CHART OF THE DAY
Financial incentives represent the majority of government interventions since 2017
Source: McKinsey
ONE MORE SCROLL
Editor’s Pick: The Both brothers invented more than 100 devices. Have you heard of them?
Draft Pick: West Coast premiership hero announces retirement at 30 after brutal injury run.
Odd Pick: Indonesian boat racing kid (kid aura farming on boat) goes viral online.
TOGETHER WITH
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BRAINTEASER
Here is a question from the 1% club. The below question is the 10% question meaning 1 in 10 people got this question correct in 30 seconds. Are you 1 in 10? You have 30 seconds. Go.
Each of the gaps below can be filled by a different 3-letter sequence that goes after the first word and before the second word to make 2 new words. What 9-letter word is made when you put the 3 sequences together, in order?
HANDLE _ _ _ BELL
FORGOT _ _ _ ANT
SHRED _ _ _ BY
Answers below
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ANSWERS
BARTENDER.
BAR completes HANDLEBAR and BARBELL.
TEN completes FORGOTTEN and TENANT.
DER completes SHREDDER and DERBY.
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