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🗞️ Shopaholic
Here's an update targeted at that person who has items turn up at their door that they can't even remember purchasing.
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Good morning. Here's an update targeted at that person who has items turn up at their door that they can't even remember purchasing.
Gmail is adding a new 'purchases' tab so you can keep track of your purchases and shipping estimates.
Gmail will also start flagging timely deals within its Promotions category to help re-energise the graveyard of emails section.
All the headlines and more below...
AUSTRALIAN NEWS
NSW government to roll out capped taxi fares from Sydney Airport

Sydney Airport will implement a $60 flat-rate taxi fare cap from November 3, FY25 as part of a 12-month trial to improve fare transparency. LINK
Job seekers are struggling with online application systems as unemployment rises to 4.2%. LINK
The top 20% of Australian households control nearly two-thirds of national wealth. LINK
WA has added Easter Saturday and an additional public holiday to align with other Australian states. LINK
Australian workers have gained $28B in wages over the past year, increasing labour's share of national income to 52.1%. LINK
The government will distribute $721M in compensation to Robo-debt scheme victims following misconduct investigations. LINK
Australia will invest $12B in a WA AUKUS defence facility despite geopolitical uncertainties ahead of US elections. LINK
The government is revising private health insurance premium calculations to include hospital costs and wages. LINK
Australian banks will cut 8,000 jobs in FY25 due to structural inefficiencies rather than AI implementation. LINK
Pay raises will stagnate at 3.4% in 2026 as companies cite economic uncertainty. LINK
GLOBAL NEWS
Prime Minister Anthony Albanese likely to finally meet Donald Trump in New York

Prime Minister Albanese will meet President Trump in New York to discuss AUKUS and tech regulations. LINK
The G7 discussed imposing tariffs on nations supporting Russia whilst considering using frozen Russian assets for Ukraine's defence. LINK
US inflation reached 2.9% year-on-year in August alongside rising jobless claims, strengthening expectations for Fed rate cuts. LINK
The UK and US will sign a major technology agreement to enhance cooperation in AI, quantum computing and semiconductors. LINK
The FTC has launched an inquiry into Google, Meta and OpenAI to assess generative AI risks and monetisation. LINK
COMPANY NEWS
Australian workers’ data is being gathered by employers - with little privacy protection

CBA employees have raised privacy concerns over a mandatory phone tracking app for office access. LINK
Great Southern Bank has launched 40-year mortgages to assist young Australians with home purchases despite higher long-term interest costs. LINK
The University of Technology Sydney has faced criticism for spending $20,000 on laptops despite preparing to cut 400 staff positions to save $100M. LINK
Telstra's viral 'Telstrut' dance campaign has garnered 22 million TikTok views. LINK
CBA and Macquarie are testing AI agents to replace human business bankers. LINK
Up launches a bill-splitting feature to address reporting conflicts as young Australians lose $2,000 annually due to shared bill misunderstandings. LINK
Flybuys experienced a 4.4% increase in active members, a 13.3% increase in points redemptions at Coles amid cost-of-living pressures. LINK
Woolworths and Scentre Group have partnered with police to combat retail crime as theft cases reached 267,750 in FY24. LINK
The NBN has launched its largest speed upgrade, increasing download speeds tenfold for 2 million users. LINK
Ventia has secured contracts worth $2.8B from the City of Sydney and Defence. LINK
Oracle experienced a 36% stock boost as AI firms drive demand for its cloud services, reaching a US$922B market value. LINK
Microsoft has avoided an EU antitrust fine by agreeing to unbundle Teams from Office products. LINK
Reece Group is considering selling its US operations whilst evaluating potential attractive deals despite having no formal exit plans. LINK
Adobe has raised its FY25 revenue forecasts as demand grows for its design software and AI features. LINK
Apple TV+ received 81 Emmy nominations across 14 titles whilst establishing its presence in Hollywood through risk-taking storytelling. LINK
OpenAI plans to reduce partner revenue sharing from 20% to 8% by FY30, potentially retaining over US$50B in additional income. LINK
Microsoft's AI Copilot was evaluated against financial advisers for investment and superannuation guidance. LINK
ONE MORE SCROLL
Editor’s Pick: In Australia, men are three times more likely to die by suicide than women.
Draft Pick: ‘Craziest game ever’ leaves NRL in disbelief.
Odd Pick: This humanoid robot can run, cartwheel and fist-fight - and it costs just $6K.
TOGETHER WITH

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BRAINTEASER

Mathematically, which of these numbers is the largest?
A. Number of hours in a year
B. Number of seconds in a day
C. Number of days in a decade
D. Number of minutes in a week
Answer below