🗞️ Skipping rocks

Controversy has hit the world stone skimming championships!

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Good morning. Controversy has hit the World Stone Skimming Championship!


Officials discovered some entrants had used “doctored” stones, reshaped to gain an advantage.


Fortunately, the title remained clean with winner Jonathan Jennings racking up an impressive 177 metres across three legitimate throws, all with unaltered stones.


If you’re looking for a new hobby or “special skill” to announce at your next team meeting, it doesn’t get much better than being a professional stone skimmer.


All the headlines and more below...

AUSTRALIAN NEWS

Gen Z are half as likely to switch jobs as their bosses were at the same age

  • Job mobility among young Australians has reached record lows despite perceptions about frequent job-switching. LINK 

  • Australian university graduates have experienced a 34% salary increase 3 years after completing their degrees. LINK 

  • The RBA maintains support for cash payments while digital transactions account for 87% of all payments in 2022. LINK

  • NSW will create a single authority to streamline housing development approvals across government agencies. LINK

  • The NT expects to harvest 2.2M mango trays this season as fruit production remains strong. LINK

  • The federal government will invest $1B in sustainable fuel projects for aviation and shipping sectors. LINK 

  • The Australian Taxation Office has updated its app with real-time alerts after a major superannuation data breach. LINK

  • The VIC government will bypass councils in a pilot program to accelerate housing development approvals. LINK 

  • Australian start-ups are looking for better domestic support as 11,000 companies have relocated overseas due to insufficient funding and innovation uptake. LINK

  • AI-powered investing tools are enabling younger investors to outperform traditional methods through democratised financial knowledge. LINK 

GLOBAL NEWS

Fed rate cut to mark pivot toward job market

  • The US Federal Reserve plans interest rate cuts to address weakening labour market conditions. LINK

  • US President Donald Trump clashed with ABC journalist John Lyons during an interview about diplomatic tensions. LINK

COMPANY NEWS

Flying with your furry friend in the cabin

  • Virgin Australia has introduced in-cabin pet travel for vaccinated small pets on select routes with specific restrictions. LINK 

  • Super Retail has dismissed CEO Anthony Heraghty following allegations of a workplace affair and misuse of company funds. LINK 

  • Apple has reduced raw material usage by 50% with 3D-printed recycled titanium in its latest watch. LINK 

  • Bank Australia has launched a debit card made from 64% reclaimed ocean plastic in partnership with Parley for the Oceans. LINK

  • ANZ is restructuring its tech strategy by removing key executives behind the ANZ Plus app as CEO Nuno Matos consolidates platforms. LINK

  • CBA has reduced its 2-year fixed mortgage rate below 5% while anticipating one more RBA rate cut in November. LINK

  • Apple's iPhone sales in China dropped 6% ahead of the iPhone 17 launch while the country's overall smartphone market declined 2%. LINK

  • Ben & Jerry's co-founder Jerry Greenfield has left the company after 50 years due to Unilever's control concerns. LINK

  • DroneShield has secured $7.9M in new contracts with the US Department of Defence for anti-drone systems. LINK

CHART OF THE DAY

Migration flows of international students

ONE MORE SCROLL

Editor’s Pick: Can ‘dark showering’ fix bad sleep habits?

Draft Pick: NRL stars’ alleged bombshell texts revealed.

Odd Pick: Man, 34, has tooth implanted in eye to restore his vision.

TOGETHER WITH

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We’ve got you covered with Corporate Cuddles and Puppy Yoga 🐶

TRIVIA


We’re going straight into general knowledge for today’s trivia. Enjoy!

  1. What is the smallest country in the world by land area?

  2. Who discovered penicillin in 1928?

  3. How many bones are in the adult human body?

  4. What does HTTP stand for?

  5. What is the currency of Vietnam?


Answers below

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ANSWERS

1. Vatican City
2. Alexander Fleming
3. 206
4. HyperText Transfer Protocol
5. Vietnamese Dong


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