🗞️ Taking a bite

A great white shark estimated at 15 feet has taken a huge chunk out of a surfer’s surfboard.

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Good morning. A great white shark estimated at 15 feet has taken a huge chunk out of a surfer’s surfboard.


Brad Ross was surfing on the NSW coast at Cabarita Beach and looks lucky to have all his limbs given his surfboard is now cut in two.


Brad wins points for the coolest reaction to a near-death experience this week with this quote, "I was just like, 'I'm okay, he's okay, if I'm gonna die, I'm gonna die."


All the headlines and more below...

AUSTRALIAN NEWS

Centrelink update for millions of Aussies

  • Centrelink payments will increase by $29.70 per fortnight from September 20 to assist with cost-of-living pressures. LINK

  • The Australian property market is strengthening due to immigration, falling rates and rental shortages, creating opportunities for investors. LINK

  • Australian farming groups are urging the government to release a climate risk report that details severe impacts on agriculture and fisheries. LINK

  • Lamb prices have doubled over 18 months due to drought conditions in southern Australia. LINK

  • Rising food costs are driving consumers to eat at home, benefitting supermarkets and meal services. LINK

  • The NSW government has sold 66% of surplus public housing land to private developers. LINK

  • Permanent migrants are working below their skill levels whilst contributing to Australia's labour shortage. LINK

COMPANY NEWS

The ABC implements social media restrictions on high-profile journalists

  • The ABC has implemented new social media rules for high-profile journalists following recent legal issues. LINK

  • Canva has added $15.5B to its valuation after launching an employee share tender offer at $65B, up from $32B last year. LINK

  • CBA privately opposed the RBA's proposed surcharges reform in a confidential draft letter warning of disruptions to the payments system. LINK

  • Stockland has reported improved housing market conditions with falling interest rates stimulating demand, particularly in Victoria which is seeing improved inquiries and sales. LINK

  • James Hardie investors experienced a profit shock as adjusted net income decreased 29% to $197M for the June quarter, approximately 20% lower than market expectations. LINK

  • Vicinity Centres reported an 83.6% increase in full-year profit to over $1B and issued guidance for continued earnings growth in FY26. LINK

  • Breville reported a 14.6% rise in FY23 profit to $135.9M as coffee product sales grew across the Americas, EMEA and APAC regions. LINK

  • Transurban reported a 68.9% drop in annual profit to $178M and lifted its dividend on positive traffic momentum. LINK

  • Dexus reported a $136.1M profit turnaround for FY24 after last year's $1.58B loss. LINK

  • Bendigo and Adelaide Bank flagged a $539.5M goodwill impairment amid economic uncertainty and restructuring efforts. LINK

  • Harris Farm has won 4 major customer satisfaction awards despite a $22M loss in FY24. LINK

  • The Lottery Corporation will increase lotto ticket entry prices by 20c after reporting revenue of $3.7B for FY25, down 6.2% from the previous year. LINK

CHART OF THE DAY

China's property investment drops 12% in first seven months

ONE MORE SCROLL

Editor’s Pick: Metal bottle caps ‘surprising’ source of microplastic contamination, study finds.

Draft Pick: ICE deports Mexican boxer Julio César Chávez Jr for alleged ties to the cartel just days after his fight with Jake Paul.

Odd Pick: Dennis Hope: the man who sold land on the moon.

TOGETHER WITH

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TRIVIA


It's Usain Bolt's 39th birthday today which is great opportunity to do a trivia on the fastest man to ever run the 100 metres!


Bolt is the only sprinter to win the 100m and 200m final at 3 consecutive Olympics.


Can you name the 3 locations and years when he achieved this feat?


Answers below

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ANSWERS

1. Beijing 2008
2. London 2012
3. Rio 2016


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