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🗞️ United heartbreak
We have a lot of passionate sports fans in Australia, however, global football (soccer) leagues often take that passion to the next level..
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Good morning. We have a lot of passionate sports fans in Australia, however, global football (soccer) leagues often take that passion to the next level.
A Manchester United 'superfan' who legally renamed himself Manchester United, died of a heart attack recently. However, his family claims he actually died of a broken heart amid the team's recent decline: 'from the period when United started to decline, he himself fell apart.'
It's a shame that Manchester United was not able to watch Manchester United beat Liverpool last weekend, the match that could have saved a life.
All the headlines and more below...
AUSTRALIAN NEWS
1 in 3 property markets now command a 7-figure median

Australia’s $1M property suburbs have surged 143% since 2020 with Brisbane adding the most while middle-income areas increasingly reach 7-figure valuations. LINK
Australian households are seeing rising returns on solar and battery systems as average solar payback drops below 5 years while battery systems take nearly 9 years and save up to $3,019 annually in high-use homes. LINK
Australian homes in flood zones have lost around $42B in value due to worsening climate impacts. LINK
Property prices along the Sydney Metro line have underperformed while neighbouring areas surged, surprising investors and defying infrastructure expectations. LINK
GLOBAL NEWS
PM plays along with Trump’s superannuation ‘deal’

Donald Trump has claimed credit for $1.5T in expected Australian superannuation investment in the US while PM Albanese avoided committing to international deployment. LINK
COMPANY NEWS
OpenAI is paying ex-investment bankers to train its AI

OpenAI has employed over 100 former investment bankers under Project Mercury to train its AI in financial modelling, offering $150 per hour to automate junior banker tasks. LINK
ABC has offered staff a 9% pay rise over 3 years with better leave entitlements included in a new compensation deal. LINK
ASIC is suing Delta Power & Energy for manipulating electricity futures in 2022 as it allegedly inflated Shell’s prices before its sale to Seven Global. LINK
ANZ and other banks have cut savings account rates and tightened bonus terms as customers face reduced returns despite a steady RBA rate. LINK
Mirvac reported a 150% rise in Sydney lot sales and 125% in Melbourne as it benefits from a wider federal first home buyer scheme. LINK
Sigma Healthcare reported rising sales of GLP-1 drugs such as Saxenda and Wegovy for weight loss as demand surged from October last year. LINK
Bunnings is disputing the Privacy Commissioner’s claims it used facial recognition in 63 stores as it argues it was needed for theft prevention. LINK
Netflix missed earnings expectations while reporting strong revenue and viewership. LINK
Anthropic is in talks with Google on a cloud computing deal worth tens of billions to gain access to AI-optimised hardware. LINK
Oracle has paused a $250M tax dispute with the ATO as the case heads for resolution under an Ireland treaty agreement. LINK
Adairs downgraded its H1 sales forecast to $319.5M–$331.5M as it faced weakening demand and scaled back promotional efforts. LINK
Woodside Energy lifted its 2025 production outlook to as high as 197M barrels as the Sangomar project in Senegal continued strong output. LINK
EnergyAustralia has been ordered to provide $1.2M in credits and waivers after failing to help financially struggling customers as required under VIC law. LINK
Air New Zealand expects a first-half loss of up to NZ$55M as weaker bookings combine with rising lease and fuel costs. LINK
Online retailer Cettire reported a 3% sales drop and 8% fewer active customers in Q1 whilst citing weak US demand and trade challenges. LINK
ONE MORE SCROLL
Editor’s Pick: The 2 things parents need to do before giving kids a smartphone or social media.
Draft Pick: Mark Nawaqanitawase becomes dual international as Kangaroos name first Ashes Test team.
Odd Pick: Adult who allegedly posed as high school student for 19 days calls situation a ‘misunderstanding’.
TOGETHER WITH

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BRAINTEASER

Which six-letter word can go BEFORE "board", "cake", and "cloth" to make three other words?
Answer below