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🗞️ Whiplash
A South African jockey has apologised for whipping another jockey (several times) in the home straight.
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Good morning. A South African jockey has apologised for whipping another jockey (several times) in the home straight.
The whipped jockey responded by trying to whip him back. The bizarre footage can be viewed here.
Have a great day and try to keep your hands (and whips) to yourselves.
All the headlines and more below...
GENERAL PICK
Underlying inflation has dropped to 3.2% due to falling housing costs, its lowest since 2021. LINK
AUSTRALIAN NEWS
Bushfires blaze across western Victoria after lightning and hot weather

Severe bushfires have burned 70,000 hectares in Western Victoria whilst threatening properties near Little Desert National Park. LINK
Australian wine exports to China reached $902M after tariff removal, boosting total exports by over a third. LINK
Australian rock lobster exports to China have resumed for Lunar New Year as prices rise 15% year-on-year. LINK
GLOBAL NEWS
White House evaluates effect of China AI app DeepSeek on national security

COMPANY NEWS
Labor pledges $32M to keep Young Rich List AI firm Harrison.ai in Australia

Harrison.ai has received a $32M investment from the Australian government to retain the healthcare AI startup domestically. LINK
Apple's iPhones now support SpaceX’s Starlink direct-to-cell satellite coverage following an iOS update that initially served Android devices. LINK
Alibaba has launched its Qwen 2.5 AI model, claiming superiority over OpenAI's GPT-4. LINK
OpenAI has pledged to work with the US government to protect US technology against Chinese firms. LINK
Mosaic Brands has closed 252 stores across Australia and New Zealand, whilst laying off 933 employees due to weak retail demand. LINK
Star Entertainment has agreed to sell The Star Sydney Event Centre to Foundation Theatres for $60M. LINK
Atlassian has reduced its share vesting period from 1 year to 3 months to attract top talent whilst aligning with tech industry practices. LINK
Accent Group has reported slower sales growth as holiday discounting affected profit margins. LINK
DroneShield has secured $11.8M in contracts with an Asia-Pacific military partner for counter-drone systems. LINK
Whitehaven Coal has reported a 92.7% increase in Q2 production while anticipating higher metallurgical coal prices. LINK
ONE MORE SCROLL
Editor’s Pick: Does blowing your nose make cold symptoms worse?
Draft Pick: Australian men dominate Sri Lanka on day one of the first Test with Smith and Khawaja reaching milestones.
Odd Pick: 'Cookie Monster' caught speeding by German police.
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TRIVIA
Tea trial

It's national hot tea month (which I'm sure you knew already). Can you put the countries below in descending order for volume of exported tea?
Sri Lanka
Turkey
China
Kenya
India
Answer below
OUR SOCIALS
ANSWER
1. China (2.4 million metric tonnes)
2. India (900,000 metric tonnes)
3. Kenya (305,000 metric tonnes)
4. Sri Lanka (300,000 metric tonnes)
5. Turkey (175,000 metric tonnes)
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