🗞️ Tongue twister

Apparently, the hardest tongue twister in the world is....

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Good morning. Apparently, the hardest tongue twister in the world is....


"Pad kid poured curd pulled cod."


We personally perceive the fact that Peter Piper and his Pickled Peppers were pipped by pulled cod as particularly perplexing.


All the headlines and more below...

AUSTRALIAN NEWS

Consumer spending in Australia shows signs of recovery

  • Westpac and Melbourne Institute report improving Australian consumer confidence as households return to small indulgences after 2 years of economic downturn. LINK

  • About 220,000 properties remain without power across south-east QLD and northern NSW on Monday as residents deal with the aftermath of Tropical Cyclone Alfred which left widespread disruptions from the NSW border south to Ballina. LINK 

  • Bond investments have underperformed compared to shares and cash deposits in 2024 despite expanded fixed-income options. LINK 

  • The NSW government plans to sell 80 hectares of industrial land near Western Sydney's airport for $450M. LINK AFR

GLOBAL NEWS

UK firms hold back on hiring amid ‘significant cost rises’, surveys say

  • UK businesses reduced hiring as unemployment rises and starting salaries grow at their slowest rate in 4 years. LINK

  • Bitcoin has fallen 5.5% to US$81,501.11 after President Trump's crypto reserve executive order failed to boost confidence. LINK

  • Trump has acknowledged a possible US recession in 2025 due to his tariff policies. LINK

COMPANY NEWS

Aristocrat sues US firm over gaming trademarks

  • Aristocrat Leisure has sued US-based Trestle Co for trademark infringement over poker machine imagery. LINK

  • Elite Supplements plans to expand to 140 stores as fitness trends drive growth away from alcohol consumption. LINK

  • Pro Medicus and Sigma Healthcare will enter the ASX 50 index while Mineral Resources and Ramsay Health Care exit. LINK

  • CBA is gaining ground on NAB's business banking dominance in key financial services. LINK

  • AustralianSuper is shifting more retirement savings overseas as it reaches domestic investment limits. LINK

  • Gilmour Space Technologies has secured its first rocket launch permit while acknowledging initial attempts may fail. LINK

CHART OF THE DAY

Millennials are generative AI enthusiasts

ONE MORE SCROLL

Editor’s Pick: 15 cool images from the Underwater Photographer of the Year 2025 awards.

Draft Pick: Dylan Brown to depart Parramatta Eels at season’s end.

Odd Pick: Texas Republican focuses on rebrand of ‘New York strip’ steak to ‘Texas strip’ amid outbreak.

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BRAINTEASER


What do the letter "t" and an island have in common?


Answer below

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ANSWER

They are both in the middle of water.


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