🗞️ Wake-up call

Forget sightseeing, some travellers are booking trips just to catch up on sleep.

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Good morning. Forget sightseeing, some travellers are booking trips just to catch up on sleep.


High-end hotels are offering “sleep packages” fit with blackout curtains, pillow menus and even pre-bed meditation sessions.


Experts say the $432 billion wellness travel market is booming with burned out and stressed professionals seeking rest over adventure.


Is this the ultimate self-care ritual, or just an overly priced nap?


All the headlines and more below...

AUSTRALIAN NEWS

Housing bubble warning as 5% deposit scheme fast-tracked

  • A new deposit guarantee scheme will help 70,000 first home buyers enter the market with 5% deposits. LINK

  • 74% of Australians prefer education over advertising bans to promote healthy eating. LINK

  • The government's superannuation tax changes are prompting families to transfer wealth earlier to help younger buyers enter the property market. LINK

  • The Australian government will utilise AI to fast-track 26,000 stalled home approvals. LINK

GLOBAL NEWS

British farmers face new crisis as cheap Aussie beef sparks price war

  • UK farmers have raised concerns as Australian beef imports reached 6,503 tonnes in 5 months of FY25, impacting domestic livestock markets. LINK

COMPANY NEWS

Aldi claims Aussies could save $3,000 a year

  • Aldi claims Australians can save $3,000 annually through lower prices compared to Coles, Woolworths and IGA. LINK

  • Endeavour Group has cut its dividend as Dan Murphy's profit sank under interim bosses, marking a 17% slide in profit for its worst result since listing. LINK

  • Aussie Broadband increased profits by 24.5% whilst selling Buddy Telco for $8M as revenue reached $1.18B. LINK

  • EVT reported a FY25 profit of $33.4M as cinema performance was affected by weather disruptions and weak film supply. LINK

  • Bendigo Bank reported a $97.1M statutory loss following a $540M write-down while its neobank Up holds $2.8B in deposits. LINK

  • Kogan reported a $39.5M net loss from a $46.3M Mighty Ape impairment and grew active customers to 3.5 million. LINK

  • Infomedia posted a 6% rise in profit to $22M while being acquired by TPG Capital for $1.72 per share. LINK

  • NIB Holdings achieved a 9.4% rise in profit to $198.6M driven by record Australian private health insurance sales. LINK

  • Coca-Cola is exploring a £2B sale of Costa Coffee, potentially taking a loss from its 2018 purchase. LINK

  • Qantas claims government employees save millions from frequent flyer benefits while Virgin seeks to restrict these perks. LINK

  • The Insurance Council of Australia has cautioned insurers about AI deployment in claims processing. LINK

  • Life360 has grown to 2.5M paid users whilst some fund managers express valuation concerns. LINK

  • BYD is transforming into a luxury brand by launching premium models and building a $1.07B racing circuit. LINK

  • Australia Post is recruiting 3,500 seasonal workers for Christmas with hourly rates up to $38.58. LINK

  • Adore Beauty plans to expand to 25 physical stores by FY27 as early success drove a 9% sales increase in FY26. LINK

CHART OF THE DAY

Plant-based milk is ‘low-emission’ milk

ONE MORE SCROLL

Editor’s Pick: This nut packs more protein than any other.

Draft Pick: Six words Aussie cricket fans want to hear.

Odd Pick: Royal Caribbean crew member stabs colleague, dies after jumping overboard.

TOGETHER WITH

Take what you’re doing offline and circle back on team wellness because real team bonding happens with puppies, not PowerPoint. Give your team an event they’ll actually look forward to with Puppy Yoga!

We’ve got you covered with Corporate Cuddles and Puppy Yoga 🐶

TRIVIA


Today's trivia comes from our favourite puzzle page, puzzleaday.com and is one for the maths geeks among you.

In the below cryptarithmetic-style puzzle, each uniquely coloured circle represents a different digit. Can you solve the puzzle and work out what digit each coloured circle represents?


Answer below

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ANSWER

Blue circle = 7
Green circle = 9
Red circle = 8
Yellow circle = 6


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