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🗞️ Techonologia
Can you tell whether an avocado is ripe just by looking at it?
Pick & Scroll News
February 20, 2026
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Good morning. Can you tell whether an avocado is ripe just by looking at it?
Ahead of your scheduled visit to the supermarket this weekend, here is a device to save you the trouble.
A super market in Merrylands, Sydney is also trialling this groundbreaking techonologia!
All the headlines and more below...
AUSTRALIAN NEWS
1 in 4 Australians cannot name their superannuation fund
A new survey found 1 in 4 Australians cannot name their superannuation fund, which could impact their retirement savings. LINK
Australia is at risk of missing its 2030 goal to halve road deaths after 5 years of rising fatalities, with 1,316 deaths in 2025 and increases of 13% in pedestrian and 32% in cyclist deaths compared to 2024. LINK
Australia's job market remains tight with a 4.1% unemployment rate, putting pressure on the RBA to potentially raise interest rates. LINK
Increased state spending in Australia might require federal intervention due to post-pandemic rising debts. LINK
Centrelink will enforce early reporting for timely payments due to Easter holiday closures, affecting various allowances and pensions. LINK
COMPANY NEWS
AI has begun replacing jobs at companies like HP and IBM
AI has begun replacing jobs at companies like HP and IBM, causing layoffs while creating new roles in tech fields. LINK
QantasLink announced the closure of 3 regional bases, affecting 71 crew members, facing criticism over job cuts and community impact. LINK
CBA's home loan referral program faces compliance issues and potential fraud, resulting in a report to ASIC and tightened rules around third-party referrals. LINK
Telstra reported an 8.1% rise in first-half profit to $1.21B whilst cost discipline bolstered earnings and increased its interim dividend to 10.5 cents per share. LINK
Downer EDI reported a 29.8% profit increase in HY to $98M despite a revenue decline, attributing this to financial improvements and a simplification strategy. LINK
Lifestyle Communities reported a 30.4% H1 profit drop to $15.8M due to reduced home settlements and lower sales, while still surpassing estimates. LINK
Insignia Financial swung to a $79M H1 profit from a previous loss driven by higher managed funds and a cost-cutting initiative. LINK
Transurban returned to a $343M profit in H1, supported by key projects in North America and Melbourne, which boosted daily traffic. LINK
Rio Tinto reported flat FY profits with underlying earnings of US$10.9B due to a simplified strategy, maintaining a strong dividend payout. LINK
Codan's H1 profit surged by 55% to $71.2M, driven by strong market conditions and its communication division's performance with increased dividends. LINK
Medibank experienced an 11% decline in first-half profit to $302.9M as reduced investment income from lower RBA cash rates caused the shortfall, missing forecasts. LINK
Wesfarmers achieved a 9.3% increase in first-half profit to $1.60B driven by sales growth in Bunnings, Kmart and Officeworks, resulting in overall profit boost. LINK
Hub24 reported a 60% rise in half-year underlying net profit after tax to $68.3M as record net inflows fuelled expectations. LINK
Sonic Healthcare recorded an 11% increase in first-half net profit to $262M while organic growth and acquisitions boosted revenue, surpassing expectations. LINK
Articore Group swung to a $12.7M profit in the first half driven by increased EBIT and strategic initiatives, recovering from a previous loss. LINK
Zip reported a 334.5% surge in first-half profit to $66.3M as growth in the US market increased revenue despite a sharp share drop. LINK
Lovisa reported a 2.8% increase in first-half profit to $58.4M as strong revenue from store expansion was insufficient to meet market expectations. LINK
APA Group's half-year net profit rose to $95M from $34M as EBITDA growth and reduced interest expenses contributed, although consensus estimates were missed. LINK
Goodman Group's interim profit increased by 3.1% to $824.7M, reiterating its full-year earnings growth target despite missing forecasts. LINK
ONE MORE SCROLL
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TOGETHER WITH
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TRIVIA
Most modern denim jeans still feature a tiny, narrow pocket inside the front right pocket. While we use it for coins or lip balm today, what specific 1800s accessory was it originally designed to hold?
Answer below
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