🗞️ Tough split

Good morning. Two people will split US$1.8 billion after America’s Lotto Jackpot was finally won yesterday.

The winners can choose between US$410 million up front or US$893 million spread over 30 years.

Which option are you taking... and are you resigning on the same day?

This morning’s headlines and more below...

AUSTRALIAN NEWS

Woolworths and Coles face huge financial blowout over underpayment ruling

• Woolworths and Coles face a combined $1B bill for underpaying thousands of supermarket managers since 2013 after a Federal Court ruling impacts the retail sector. LINK

• Private jet ownership has risen to 200 locally based aircraft in Australia whilst 14,000 are listed globally for resale. LINK

• AI could reduce consumer anxiety through thoughtful business implementation while current misuse amplifies distrust. LINK

• Australians are moving from capital cities to regional areas as house prices rise in the Gold Coast and Wollongong. LINK

• The RBA is considering cash payment surcharges as businesses seek to cover rising physical money handling costs. LINK

COMPANY NEWS

Deloitte Australia hires 614 graduates from 30,000 applicants, emphasising soft skills in recruitment

• Deloitte Australia has accepted 614 graduates from 30,000 applicants, emphasising soft skills in recruitment. LINK

• Canva reports 92% of developers use AI coding tools while learning to code remains valuable for software development. LINK

• United Petroleum is suing Wayne and Kay Pratt over an alleged breach of a 58,000-litre monthly fuel purchase requirement at their small-town service station. LINK

• Tourism Australia's "Come & Say G'Day" campaign has boosted travel interest by 10% in key markets and flight searches by 22%. LINK

• Snapchat has launched a global campaign promoting positive social experiences to differentiate from negative social media associations. LINK

• Qantas has reduced frequent flyer point values from 1.5c to 1.25c for premium class redemptions. LINK

• Elanor Investor Group has rejected Lederer's takeover bid for its commercial property fund citing inadequate valuation. LINK

CHART OF THE DAY

Dozens of countries pause parcels to the US

ONE MORE SCROLL

Editor’s Pick: The 10 best vegetables for antioxidants and immune health, according to nutrition experts.

Draft Pick: Skipper comes up clutch as Eagles romp home to snatch victory over power.

Odd Pick: Family sues after funeral home sends son’s brain in unmarked leaking box.

TOGETHER WITH

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TRIVIA

On this day in 1776, the Continental Congress officially changed the name of the new nation from "United Colonies" to "United States of America."

We have given the old country name below, you have to give us what that country is called today:

1. Burma

2. Ceylon

3. Peking

4. New Amsterdam

5. East Pakistan

Answers below

OUR SOCIALS

ANSWERS

1. Myanmar
2. Sri Lanka
3. Beijing
4. New York
5. Bangladesh

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