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🗞️ 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
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