🗞️ Smoke bomb

Your 'smoke bombing' strategy to leave the party has some justification.

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Pick & Scroll News
March 04, 2026

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Good morning. Your 'smoke bombing' strategy to leave the party has some justification.


People who leave parties without saying goodbye save up to 2 days per year.


See ya… (or maybe you won't).


All the headlines and more below...

AUSTRALIAN & GLOBAL NEWS

Victoria doubles down on WFH laws despite legal risks and business backlash

  • Victoria plans to enforce the right to work from home for small businesses. LINK 

  • 5.9 million Australian workers will soon access gender pay gap data, urging employers to address equity issues. LINK 

  • Australian firms risk breaching sanctions by unknowingly outsourcing IT work to North Koreans leveraging automation and AI. LINK  

  • Frustrated mortgage holders brace for potential rate hikes as the Australian economy grows rapidly, sparking inflation concerns. LINK 

  • The Australian government doubles temporary graduate visa fees to $4,600. LINK 

  • Australia ranks 21st in global investment competitiveness. LINK 

  • Less than 10% of businesses have significantly adopted AI. LINK  

  • Melbourne's hotels are experiencing a rise in no-shows as international visitors for the Formula 1 Grand Prix face travel disruptions due to regional conflicts affecting flights. LINK  

  • Investment banks in Australia exhibit significant gender pay gaps predominantly tied to underrepresentation of women in senior roles with bonus-heavy pay structures. LINK  

COMPANY NEWS

McKinsey's gender pay gap widens as senior women continue to leave

  • McKinsey's gender pay gap widened to 50.5% due to retention struggles in leadership roles despite increasing female representation in junior ranks. LINK 

  • News Corporation expects it’ll earn record profits amid AI-related challenges. LINK 

  • OpenAI amends its Pentagon deal to prohibit mass surveillance, responding to criticism of its contracts addressing AI use in national security. LINK

  • Apple launches the iPhone 17e with key upgrades amid memory crisis strains. LINK

  • Westpac plans to migrate business customers from St George, Bank of Melbourne and BankSA, aiming to retain 95% of the business lending portfolio. LINK

  • Magellan Financial Group and Barrenjoey Capital Partners agree on a $903M merger to build a broader financial services platform. LINK

  • Life360 reports its first profitable year with 32% growth in revenue, marking a significant milestone as its user base and strategic investments continue to expand. LINK 

CHART OF THE DAY

ONE MORE SCROLL

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Draft Pick: Formula 1 team pulls out of the Australian Grand Prix.

Odd Pick: Science confirms it: your 40s are officially the most exhausting decade.

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TRIVIA


In 2013, Time Magazine created a list of the 100 most significant figures in history. We’ve selected 5 random people from the top 10 and provided their initials below. How many of their full names can you figure out?

  1. A.H

  2. G.W

  3. A.L

  4. W.S

  5. J


Answers below

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ANSWERS

1. Adolf Hitler
2. George Washington
3. Abraham Lincoln
4. William Shakespeare
5. Jesus


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