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We hope you had a great week and avoided looking at the value of your share portfolio.
Pick & Scroll News
February 06, 2026
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Good morning. We hope you had a great week and avoided looking at the value of your share portfolio. Here are some interesting headlines from the last 5 days:
The average public tech company's stock price is down 29.5% from its 52-week high.
Reykjavik, in Iceland, was voted the safest city in the world.
A study found that rocking yourself to sleep helps you get to sleep faster and have 20% more deep sleep.
Have a great Friday!
All the headlines and more below...
AUSTRALIAN & GLOBAL NEWS
High Court takes on Bitcoin case
The High Court will assess if Bitcoin qualifies as personal property while the ruling could reshape digital asset law in Australia. LINK
The federal government faces pressure to reduce the capital gains tax discount as reform could raise $80B by 2029 and help fight inequality. LINK
Australia is set to benefit from a new EU trade deal as professional mobility improves and agriculture exports expand despite quota disputes. LINK
Concerns over cost blowouts and a shifting multi-city plan have placed QLD’s delivery of the 2032 Olympics $4.9B budget in doubt. LINK
The government looks to put a hold on increases to the beer excise for the first time in 40 years - currently, the beer excise is indexed twice yearly to stay in line with the consumer price index. LINK
China has banned electronic hidden car door handles as fatal accidents have raised safety concerns, affecting EV exports to markets like Australia. LINK
COMPANY NEWS
ME Bank 'really sorry' over email to customers as Aussies slugged from tomorrow
ME Bank has apologised for an email that showed enthusiasm about passing on the RBA rate hike, as customers face higher interest from 7 February ahead of most lenders. LINK
APRA has eased additional liquidity demands on Macquarie Bank as risk controls improved, reducing the NCO overlay to 15% and removing the ASF adjustment. LINK
CBA may restrict customer use of external AI tools due to risks, releasing an AI ethics framework addressing accuracy, privacy and misuse safeguards. LINK
Alphabet posted an 18% Q4 revenue rise to US$113.8B as it plans up to US$185B of 2026 infrastructure spend to meet AI-led demand. LINK
Qualcomm has forecast Q2 earnings of $2.55 per share and revenue of US$10.2B-$11B while missing market expectations, prompting an 8.4% share decline. LINK
Bunnings will reintroduce facial recognition across Australia over 18 months as it won an appeal, citing staff safety despite privacy backlash. LINK
A Tesla driver has died in the US crash reportedly due to power-operated doors, as global criticism over EV door safety grows. LINK
ONE MORE SCROLL
Editor’s Pick: These were the most popular baby names In 1926.
Draft Pick: Australians in Japan say ski fields are safe after spate of deaths.
Odd Pick: Does music make animals calmer?
TOGETHER WITH
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TRIVIA
What 4 letter word goes after: truck, pay and off to make three new words?
Answer below
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