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According to a study by Joi AI, '80% of Gen Zers said they would marry an AI'.
Pick & Scroll News
June 03, 2025
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Good morning. According to a study by Joi AI, '80% of Gen Zers said they would marry an AI'.
Joi AI says, Google searches for “Feelings for AI” and “Fell in love with AI” have jumped by +120% and +132% recently.
It would be a very sad day if your partner left you for the latest ChatGPT, or one of the 'characters' at Joi AI.
All the headlines and more below...
AUSTRALIAN NEWS
Natural disasters cost Australia’s economy a massive $2.2B in 2025
Natural disasters have cost Australia's economy $2.2B in 2025. LINK
Australian house prices reached a record $831,288 in May 2025 as interest rate cuts drove broad increases across capital cities. LINK
The Treasury has forecast a 1.5% structural budget deficit for FY25 as rising disability and defence spending may require tax increases. LINK
Australian employers are requesting flexible work-from-home penalty rates to boost productivity before industrial relations reforms. LINK
Young Australian "stayvestors" are purchasing rental properties whilst living with parents to manage mortgages and build wealth. LINK
The Australian online advertising market declined 1.8% to $4.182B in FY25's March quarter whilst showing a smaller seasonal drop than the previous year. LINK
Australian cruise passenger numbers increased by 6% last year while high port charges threaten future industry growth. LINK
Australian job advertisements fell 1.2% in May for the second consecutive month while remaining 13.6% above pre-pandemic levels. LINK
ASIC has discovered widespread compliance failures across managed investment entities that oversee nearly $1T in assets. LINK
The Federal Court of Australia faces a potential audit after failing to account for $933,000 in legal costs. LINK
GLOBAL NEWS
Global markets take a hit after Trump threatens to double tariffs
Global markets declined amid renewed US-China trade tensions as Trump announced plans to double tariffs. LINK
The UK's high electricity taxes have increased manufacturing bills by 46% above global averages. LINK
China has rejected US accusations of breaching a Geneva trade deal whilst criticising restrictions on AI and semiconductor technology. LINK
Asian factory output contracted in May due to weak Chinese demand and higher US tariffs. LINK
COMPANY NEWS
Coles discounts select grocery items for 12 weeks to rollout new FlyBuys program
Coles has discounted 307 grocery items for 12 weeks whilst launching a new FlyBuys bonus program. LINK
Optus has partnered with Perplexity to offer free annual subscriptions of its AI search service in Australia. LINK
Washington H Soul Pattinson and Brickworks have agreed to a $14B merger, ending a 56-year cross-shareholding arrangement. LINK
The University of New South Wales has become Australia's highest-ranked university due to breakthroughs in solar cell research. LINK
Healthscope has rejected Bupa's takeover prospects as the hospital group enters receivership with $1.6B in debt. LINK
Intrepid Travel has expanded into accommodation by acquiring properties in Tasmania and Morocco whilst targeting 20 assets within 3 years. LINK
Perpetual has lowered its year-end debt forecast to $740M-$750M after refinancing loans on improved terms. LINK
BlueScope Steel has received a boost as US President Trump announced plans to double tariffs on steel imports. LINK
Superhero has raised $11M at a $150M valuation whilst appointing 4 executives to expand portfolio tools. LINK
ONE MORE SCROLL
Editor’s Pick: This is how often you should really clean your toilet, experts say.
Draft Pick: Joe Montemurro to coach Matildas after 10-month search to replace Tony Gustavsson.
Odd Pick: Couple successfully sue council over school’s footballs landing in garden of £2m home.
TOGETHER WITH
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TRIVIA
We say happy birthday to the now retired Rafael Nadal who is 39 today.
Rafael Nadal retired with 22 grand slam titles. He is fourth equal on the all-time grand slam list (male and female). Who are the 4 other people with 22 grand slam titles or more and how many have they won?
Answers below
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ANSWERS
1. Margaret Court (24)
2. Novak Djokovic (24)
3. Serena Williams (23)
4. Steffi Graf (22)
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