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- 🗞️ The Ashes
🗞️ The Ashes
Day 1 is here and Australia's working productivity is about to decrease.
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Good morning.
If your sports-mad colleague has blocked out their calendar from 1 until 5 today, we can assure you it's not to catch up on their mandatory work training.
England is in town for the start of The Ashes, and it's got cricket fans eagerly anticipating Ball 1 at 1:20 p.m. today.
Expect five matches, plenty of on-field drama, and many frayed relationships to come.
All the headlines and more below...
AUSTRALIAN NEWS
Rising workplace stress as AI use increases

Australian stress-related absences increased from 42% to 57% within a year as heightened workloads and corporate restructuring took a toll on staff. LINK
The RBA has admitted it underestimated Australia’s housing market rebound while interest rate cuts and a federal homebuyer scheme have driven 10 consecutive months of price growth. LINK
Victoria and WA experienced the steepest reductions in per-person economic output in FY25 while the ACT led national growth due to strong public sector activity. LINK
APRA has warned that home lending and super funds’ links to banks could amplify losses during crises, as it reviewed outcomes of recent stress testing involving asset selloffs. LINK
Australia’s $4.3T superannuation sector has delivered a 7.8% annual return despite volatility and concern about an AI-driven tech rally bubble. LINK
Only 1 of 89 Australian renewable energy projects has gained final approval since 2023 as urgent reform discussions intensify due to mounting delays. LINK
COMPANY NEWS
Officeworks called out over price detail as ACCC puts retailers on notice: 'Scummy'

Officeworks has been called out for raising the price of a monitor before Black Friday while facing an ACCC complaint over misleading consumer pricing. LINK
Commonwealth Bank has announced a $10B profit for FY25, exceeding market expectations despite challenging economic conditions. LINK
Nvidia reported a record US$57B quarterly revenue as data centres generated a dominant $51.2B and its networking division contributed $8.3B. LINK
Myer is revamping its loyalty scheme by partnering with JD Sports to attract younger shoppers whilst growing on 4.7M active members. LINK
Meta will deactivate the Instagram, Threads and Facebook accounts of Australian users under 16 starting 4 December 2025 due to new legislation, warning errors in age checks can be resolved with a video selfie or ID. LINK
Qantas launched a 'Frequent Flyer Extra' for Jetstar passengers at up to $264 per year as it allows points and status credit earning on cheaper fares to attract budget travellers from rival Virgin Australia. LINK
A2 Milk upgraded its FY26 revenue outlook to low double-digit growth as it cited strong infant formula performance, favourable exchange rates and gains in other product segments. LINK
ONE MORE SCROLL
Editor’s Pick: A solid gold toilet is up for auction with a $10 million starting price.
Draft Pick: World No. 2 Jannik Sinner beat World No. 1 Carlos Alcaraz in the Nitto ATP Finals capping of stellar 2025 season.
Odd Pick: Ferry firm apologises as porn screened to passengers.
TOGETHER WITH
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TRIVIA

We finish the week with an estimation question.
How far does the average human walk in a lifetime?
Answer below
OUR SOCIALS
ANSWER
By our estimation, a human would walk roughly 177,000 kilometres in a lifetime. Give yourself 100 points if you got that number or 10 points if you got between 150,000 and 200,000.
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