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🗞️ Justifying Snacks
Research has found that you burn more calories taking shorter walks and resting rather than one continuous walk over the same distance.
Pick & Scroll News
February 20, 2025
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Good morning.
Research has found that you burn more calories taking shorter walks and resting rather than one continuous walk over the same distance. We think this officially justifies multiple trips to the kitchen during the work day.
Enjoy your Thursday snacks.
All the headlines and more below...
AUSTRALIAN NEWS
Construction workforce issues contributing to national housing target shortfall
Australia's construction industry requires 130,000 additional workers to achieve the 1.2 million new homes target by 2029. LINK
Major Australian cities anticipate property market recovery following the 0.25% interest rate cut, whilst Melbourne is set to benefit from tighter vacancy rates. LINK
Victoria's fisheries department faces 50% staff cuts as enforcement officers are removed, raising illegal fishing concerns. LINK
Brisbane bus drivers will strike on Thursday morning, affecting 436 services while preserving school routes. LINK
Australia's AI sector faces innovation challenges due to excessive regulation. LINK
The Australian Energy Market Operator has warned of gas shortages by FY26. LINK
The SA Government has spent $20M in legal fees fighting the Royal Adelaide Hospital builder dispute. LINK
GLOBAL NEWS
Trump threatens 25% tariffs on foreign cars and semiconductor chips
Donald Trump has proposed new 25% tariffs on foreign cars, semiconductors and pharmaceuticals. LINK
Japan's exports continue rising while Trump's proposed 25% auto tariffs threaten its automotive industry. LINK
Cook Islanders demonstrate against a new Chinese strategic partnership over concerns about New Zealand relations. LINK
UK energy bills will rise 5% in April affecting 9 million households as European gas storage levels fall. LINK
COMPANY NEWS
Aussie startup Gilmour Space Technologies gets final approval for rocket launch
Gilmour Space Technologies has received approval for Australia's first locally built orbital rocket launch. LINK
NAB reported weaker profits as expenses rise and margins weaken, impacting Australia's major banks. LINK
Corporate Travel reported a 23% profit decline due to weak European demand whilst ANZ earnings remain strong. LINK
Retail Food Group plans to open 165 Firehouse Subs stores across Australia over the next decade. LINK
Meriton reported increased apartment sales due to rate cut speculation despite ongoing lending restrictions. LINK
Goodman has raised $4B in Australia's largest real estate investment trust equity fundraising to expand its data centre operations. LINK
Fonterra is exploring divestment options for its consumer businesses which contributes to 19% of operating earnings. LINK
HSBC exceeded profit estimates while implementing a 3% workforce reduction and cost-cutting measures. LINK
Colgate-Palmolive will acquire Australian pet food company Prime100 for nearly $500M. LINK
Stockland reported a 14% decline in residential earnings while anticipating future demand growth. LINK
Vicinity Centres has reported a $492.6M net profit as its premium shopping mall strategy delivers results. LINK
Neuren Pharmaceuticals has received FDA fast track designation for its Pitt Hopkins syndrome treatment. LINK
Iluka Resources reported a 33% drop in full-year profit to $231M due to weak mineral demand. LINK
Tesla faces delays in obtaining Chinese approval for autonomous driving technology amid US-China tensions. LINK
Huon Aquaculture is investigating claims of salmon washing ashore in Tasmania. LINK
ONE MORE SCROLL
Editor’s Pick: Use this tool to freshen up your running routes.
Draft Pick: The Rabbitohs have suffered huge injury blows with Cameron Murray tearing his Achilles and Latrell Mitchell pulling up with a hamstring injury.
Odd Pick: Woman arrested for carrying drugs in a bag labelled ‘definitely not a bag full of drugs’.
TOGETHER WITH
Looking for a fresh team-building activity? Tired of the same old amazing races and escape rooms? Or perhaps you're searching for a unique and unforgettable weekend activity with your friends and loved ones?
We’ve got you covered with Corporate Cuddles and Puppy Yoga 🐶
TRIVIA
Take your guess
It's Robyn Rihanna Fenty's 37th birthday today. How well do you know the real names of the singers below? We will provide 6 performers names and you have to match them with the names provided at birth.
Performers’ Names:
Jay-Z
Nicki Minaj
Pink
Elton John
Snoop Dogg
Lady Gaga
Birth Names:
Reginald Kenneth Dwight
Stefani Joanne Angelina Germanotta
Shawn Corey Carter
Alecia Beth Moore
Calvin Cordozar Broadus Jr.
Onika Tanya Maraj-Petty
Answers below
OUR SOCIALS
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ANSWERS
Jay-Z – Real Name: Shawn Corey Carter
Nicki Minaj – Real Name: Onika Tanya Maraj-Petty
Pink – Real Name: Alecia Beth Moore
Elton John – Real Name: Reginald Kenneth Dwight
Snoop Dogg – Real Name: Calvin Cordozar Broadus Jr.
Lady Gaga – Real Name: Stefani Joanne Angelina Germanotta
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