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🗞️ Tunnel vision
If you're the person who painted a tunnel on a concrete bridge, we would firstly like to acknowledge that it's quite a good painting.
Pick & Scroll News
July 17, 2025
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Good morning. If you're the person who painted a tunnel on a concrete bridge, we would firstly like to acknowledge that it's quite a good painting.
Secondly, the police are definitely looking for you.
All the headlines and more below...
AUSTRALIAN NEWS
NSW pattern book launches with housing designs available for just $1
NSW home builders can access 8 government-approved housing designs for $1 each, in a bid to accelerate affordable housing development. LINK
TPD insurance premiums have increased 54% to nearly $2,000 annually due to rising mental health claims. LINK
Australia's wine market faces prolonged low prices due to red wine oversupply and declining global demand. LINK
Queensland expects to earn $2B annually from insurance duties through a 9% tax on general insurance products. LINK
COMPANY NEWS
AI threatens junior equity analyst roles
Macquarie has begun preparing for AI disruption in equity analyst roles, particularly affecting junior positions across the industry. LINK
Qantas and Virgin have begun checking fuel switches in Boeing 787 and 737 aircraft after an Air India crash investigation identified malfunction concerns. LINK
Australian platforms are offering unauthorised shares in OpenAI and Anthropic despite secondary trading bans. LINK
A whistleblower lawsuit challenges liability protections for PwC, EY, Deloitte and KPMG in Australia. LINK
The RBA and Treasury are seeking federal government authority to take control of Armaguard to maintain Australia's banknote distribution system. LINK
Google is negotiating reduced-value news agreements with Australian publishers amid regulatory delays. LINK
Citigroup reported a 25% Q2 profit increase to US$4.02B from strong trading and dealmaking revenue. LINK
FTI Consulting and Alvarez & Marsal have recruited more than half their senior managing directors from Big 4 firms whilst driving growth. LINK
Healthscope plans to restructure as a not-for-profit to avoid $100M in annual payroll tax. LINK
Qantas has implemented a clean-shaven policy for all pilots to ensure emergency oxygen mask effectiveness. LINK
Optus Sport will close on August 1 and issue refund cheques for unused annual subscriptions, whilst requiring updated contact details by August 29. LINK
JP Morgan achieved a 7% rise in investment banking revenue for Q2 driven by debt underwriting and trading. LINK
ClearVue Technologies has launched its solar façade products, as Hong Kong trials demonstrated a 2.6-year payback period with government incentives. LINK
ONE MORE SCROLL
Editor’s Pick: Sample breakdown: The most iconic electronic music sample of every year (1990-2024).
Draft Pick: Sydney FC defeats AFC Wrexham 2-1 at the Allianz Stadium.
Odd Pick: It's Always Sunny in Philadelphia star Rob McElhenney files to legally change his name.
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TRIVIA
Just imagine you are at a pub, first one to shout out the answer wins. Who am I?
I was born in Melbourne in 1983
I featured in Star Trek in 2009
I've been on Home and Away
I appeared in Forbes' World's Highest Paid Actors list in 2014, 2015 and 2018
I'm married to Elsa Pataky
Answer below
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