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We've got some good news if you had getting promoted and climbing Mt Everest on your 2025 goals list.
Pick & Scroll News
June 11, 2025
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Good morning. We've got some good news if you had getting promoted and climbing Mt Everest on your 2025 goals list. You can now climb Mt Everest in under a week without having to acclimatise on the mountain in advance.
Climbers usually spend between 6-8 weeks on Everest before summiting; however, with the aid of xenon gas, four British climbers achieved the feat in 5 days.
Like your promotion at work, it's not without controversy, as the safety of xenon gas has been questioned by climbers.
All the headlines and more below...
AUSTRALIAN NEWS
The big change coming to your buy now, pay later options today
Buy now, pay later services require credit assessments for new Australian customers as the sector faces official regulation. LINK
Australia has lodged a diplomatic complaint after LA police shot a Channel Nine reporter with a rubber bullet during protests. LINK
NSW has doubled household battery incentives to boost grid stability and clean energy adoption. LINK
APRA has ordered Australia's $4.2T superannuation sector to implement multi-factor authentication by August for enhanced cybersecurity. LINK
Australian defence sector ETFs have surged 46% as global military spending increases. LINK
Insurers are facing renewed regulatory scrutiny over inadequate flood repair settlements in NSW and QLD whilst prompting changes to the industry's code of conduct. LINK
The ATO has identified 5 key audit targets including home gym equipment and unrented property deductions. LINK
GLOBAL NEWS
Trump to keep Starlink at White House despite break with Elon Musk
COMPANY NEWS
Monash IVF launches internal investigation after wrong embryo transferred to patient in Melbourne
Monash IVF experienced a 24% share decline after revealing a second embryo transfer error. LINK
Apple unveiled a sweeping redesign of its software called Liquid Glass whilst opening its on-device Apple Intelligence foundation model to third-party developers. LINK
Space Machines Company and UTS are building Australia's largest spacecraft factory in Sydney. LINK
OpenAI has doubled its annualised revenue to $10B from $5.5B in December FY24 through growing demand for ChatGPT. LINK
The ABC has cancelled its current affairs show Q+A after 17 seasons on air. LINK
ASIC has introduced IPO approval changes to reduce listing timelines by 1 week. LINK
Treasury Wine Estates has invested $15M to develop low-alcohol wine for its new Sorbet brand launch. LINK
Optiscan Imaging launched its InSpecta microscopic device for animal diagnostics in the US pet healthcare market. LINK
Metcash will merge Total Tools and Independent Hardware Group. LINK
Huawei has acknowledged the company's chips lag behind US technology by 1 generation. LINK
NextDC has increased its data centre utilisation by 7% in May following major customer wins ahead of its Malaysia site launch. LINK
ONE MORE SCROLL
Editor’s Pick: Non-alcoholic beer projected to overtake ale as the second-largest beer category worldwide this year.
Draft Pick: F1 2026 calendar revealed: Madrid joins 24-race season as Imola falls off list.
Odd Pick: Turkey will fine airline passengers who unbuckle before the plane stops.
TOGETHER WITH
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TRIVIA
Here is a question from the 1% show. Can you get the below question that only 1% of the population got correct? You have 30 seconds:
You see a digital clock showing 12:34.
What is the next time that will contain four consecutive digits in order?
Answer below
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ANSWER
23:45 (Next consecutive digits: 2-3-4-5 in order)
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