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In case you missed it yesterday, the murder mushroom case is back in the headlines.
Pick & Scroll News
June 04, 2025
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Good morning. In case you missed it yesterday, the murder mushroom case is back in the headlines.
Erin Patterson, accused of 3 murders by serving a toxic mushroom dish, gave evidence yesterday including the below:
Erin admitted that she enjoyed foraging for mushrooms and eating them.
She also admitted that the dish she served contained death caps.
However, Erin maintained that the mushrooms she used came from a local supermarket.
Who do you believe more, Erin Patterson or Schapelle Corby?
All the headlines and more below...
AUSTRALIAN NEWS
Australia raises minimum wages by 3.5% as inflation eases
The Fair Work Commission has raised Australia's minimum wage by 3.5% to $24.95 per hour from 1 July, providing a real wage increase for 2.6 million workers as inflation eases in the economy. LINK
The ASX 200 has reached an 11-week high of 8466.79 whilst banking and energy sectors showed strong performance. LINK
AI could boost Australia's economy by $240B with nearly half of Australians using generative AI tools. LINK
New AHPRA guidelines require additional training for nurses and dentists performing cosmetic injectables. LINK
Australian government spending on social benefits has increased by 16% whilst business investment faces a 30% shortfall. LINK
Crypto ATMs have increased from 23 to 1,800 across Australia whilst scammers increasingly target older Australians. LINK
The Fair Work Commission signals potential pay rises for female graduate professionals due to gender-based wage undervaluation. LINK
GLOBAL NEWS
The mounting anxiety over tech jobs is turning ugly
The tech industry has suffered 175,000 layoffs since FY22 with growing worker anxiety about AI threats. LINK
The US has demanded best-offer proposals from trade partners by Wednesday whilst racing to finalise deals before July 8. LINK
Chinese factory activity has contracted for the first time in 8 months. LINK
The OECD has downgraded UK growth forecasts to 1.3% for FY25 and 1% for FY26 due to tariff wars. LINK
Global airline revenues are expected to decline to US$979B in FY25 due to low fares and aircraft shortages. LINK
COMPANY NEWS
AI transforms insurance, mining and finance sectors
Suncorp has implemented AI-powered disaster mapping to predict customer insurance claims following natural events. LINK
IDP Education has forecast a 52% fall in annual earnings due to restrictive foreign student market policies. LINK
Vanguard plans to launch an emerging markets ETF excluding China this summer as investors express concerns over Chinese economic stability. LINK
Mattel is combining its film and television operations into Mattel Studios following the success of the Barbie movie. LINK
Walt Disney is laying off several hundred employees globally as it continues cost-cutting efforts. LINK
Temu's daily US users dropped 58% in May after the US ended tariff-free shipping benefits. LINK
Treasury Wine Estates downgraded its FY25 earnings forecast to $770M due to weaker US demand. LINK
Telstra has launched satellite messaging for Samsung Galaxy S25 users in remote Australian areas. LINK
Domino's has implemented leadership changes in Japan as part of its regional turnaround strategy. LINK
Google will spend US$500M over 10 years to revamp its compliance systems whilst resolving shareholder antitrust violation claims. LINK
NinjaOne has completed its $424M acquisition of Dropsuite to enhance SaaS backup capabilities in the Australian market. LINK
CoStar has invested $22.8M in acquiring Homes.com.au ahead of its $3B Domain takeover. LINK
Asics and Mizuno will stop using kangaroo leather in soccer boots by FY25 after pressure from animal rights groups. LINK
The Lottery Corporation has completed a $70M technology upgrade to enable customer behaviour analytics whilst replacing lottery terminals. LINK
Optus has appointed Accenture Song and Droga5 to lead its advertising strategy for better creative integration. LINK
ONE MORE SCROLL
Editor’s Pick: ‘Manu jumping’: The physics behind making humongous splashes in the pool.
Draft Pick: Injury strikes again: Kyrgios’ Wimbledon return ruled out.
Odd Pick: EPA tests found antibiotic levels in wild fish near Huon Aquaculture's Tasmanian lease exceeded legal limits by 12 times.
TOGETHER WITH
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TRIVIA
We are going straight into general knowledge trivia today:
Who wrote the play Romeo and Juliet?
How many bones are there in the adult human body?
Which country is known as the Land of the Rising Sun?
What is the smallest planet in our solar system?
Which animal is on the Australian 5 cent coin?
Answers below
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ANSWERS
1. William Shakespeare
2. 206
3. Japan
4. Mercury
5. Echidna
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