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🗞️ The perfect perk
Deloitte employees can now buy $1,000 worth of Lego on the company's card to boost their wellbeing.
Pick & Scroll News
June 18, 2025
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Good morning. Deloitte employees can now buy $1,000 worth of Lego on the company's card to boost their wellbeing.
According to the policy, the $1,000 subsidy toward “Legos and puzzles” is meant to “empower and support your journey toward thriving mentally, physically, financially and living your purpose.”
We do genuinely believe that those working as a graduate in audit at Deloitte need every perk they can get!
All the headlines and more below...
AUSTRALIAN NEWS
More Australians get their news via social media than traditional sources for first time, report finds
Social media has become Australia's second most popular news source at 26% whilst online news sits at 23%, highlighting a generational shift in information consumption. LINK
Australian home loan demand has surged since the February rate cut whilst property price expectations reach decade-high levels. LINK
The cost of retirement for Australian homeowners has risen by 1.6% over the past year whilst inflation reached 2.4%, causing financial pressure for retirees. LINK
The Australian sharemarket has rebounded 16% since April. LINK
Australia risks losing ground in AI development as India advances with billion-dollar clean energy data centre strategies. LINK
Business leaders have increased transformation budgets by 2.5 times since 2022 to enhance technology and operational efficiency. LINK
COMPANY NEWS
KPMG welcomes new partners
KPMG Australia has appointed 67 new partners while 90 partners departed amid advisory sector challenges. LINK
Amazon will extend its Prime Day sales event to 4 days from July 8-11. LINK
NAB will close its Advantedge mortgage platform, affecting 50,000 customers with $26B in loans. LINK
Meta will introduce ads in WhatsApp's Status feature used by 1.5 billion people daily, whilst keeping personal chats, calls and groups ad-free. LINK
Dubber has commenced Federal Court proceedings against BDO Audit for alleged negligence related to $26.6M in missing company funds from audits conducted in FY20-FY22. LINK
Abu Dhabi National Oil Company's $18.7B bid for Santos faces regulatory scrutiny as the Australian Treasurer seeks advice from the Foreign Investment Review Board before approving the potential $30B transaction. LINK
The National Reconstruction Fund faces investigation over whistleblower claims of governance failures and hiring irregularities. LINK
Virgin Australia's IPO faces uncertainty due to rising oil prices and global instability. LINK
OpenAI has secured a US$200M Pentagon contract to develop AI technologies for US national security through to July 2026. LINK
Paramount is pursuing A-Leagues broadcasting rights renewal talks ahead of their FY26 expiration. LINK
Nvidia will attend the China International Supply Chain Expo whilst navigating US chip export restrictions. LINK
CSL's new drug Andembry for hereditary angioedema has received FDA approval and will launch in the US by June. LINK
OpenAI executives are considering legal action against Microsoft for potential antitrust violations. LINK
A joint venture between BlueScope, BHP, Rio Tinto and Woodside has secured $19.8M for electric smelting decarbonisation. LINK
APA Group has withdrawn from electricity transmission projects to focus on gas infrastructure. LINK
digiDirect is acquiring gaming retailer Mwave following its administration, continuing expansion after its Booktopia acquisition. LINK
ONE MORE SCROLL
Editor’s Pick: I started using the "1-Minute Rule" and now I spend way less time cleaning.
Draft Pick: 'The fight's not over': Rabbitohs boss responds after Allianz Stadium move rejected.
Odd Pick: PNG cabinet slammed for 'grand shopping list' of ideas including luxury island, spy agency and F1 track.
TOGETHER WITH
Take what you’re doing offline and circle back on team wellness because real team bonding happens with puppies, not PowerPoint. Give your team an event they’ll actually look forward to with Puppy Yoga!
We’ve got you covered with Corporate Cuddles and Puppy Yoga 🐶
BRAINTEASER
I recently went to a mall. At the first shop, I spent half of what I had plus $5. At the second shop, I spent half of what remained plus $4. At the third shop, I spent half of what was left plus $3. After all of these purchases, I had $5 remaining.
How much money did I start with?
Answer below
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ANSWER
$90.
I ended with $5 and at the third shop I spent half of what was left plus $3. Reversing this: (5 + 3) x 2 = 16. At the second shop I spent half of what remained plus $4. Reversing this: (16 + 4) x 2 = 40. At the first shop I spent half of what I had plus $5. Reversing this: (40 + 5) x 2 = 90. This means I began with $90.
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