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🗞️ Workplace woes
If your office place is one where you have to bring your own milk for your coffee then this isn't the story for you.
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Good morning. If your office place is one where you have to bring your own milk for your coffee then this isn't the story for you.
Our friends at The Aussie Corporate asked about various work perks last week and a follow up post about the office space at 26 Degrees caught our attention. The newly opened North Sydney office space for 26 Degrees includes the following:
Indoor Cricket Pitch
Racing Simulator
Table Tennis
Golf Simulator
Beer (obviously can't play golf at midday on a Tuesday without a few beers)
Pictures are here and we did notice a few roles open...
All the headlines and more below...
AUSTRALIAN NEWS
Domestic airfares jump after collapse of Rex
Rex Airlines' exit from major city routes in July has seen domestic airfares have surged, with some fares now exceeding typical holiday season prices. LINK
QLD government to make 50 cent public transport fares permanent, as the trial’s success booosted passenger numbers, lowered car use and reduced environmental impact. LINK
The government's planned social media ban for children under 16 faces delays due to internal debates and tech giants pushing back, with a final decision expected later this year. LINK
AI is disrupting traditional education practices, forcing universities to reconsider the role of homework as AI can complete tasks more efficiently than students. LINK
Major banks are working on sustainable cash distribution by integrating smart ATMs and simplifying cash transport routes following the $50M lifeline provided to Armaguard. LINK
Modern career progression has shifted to a more flexible, zigzag path, requiring executives to build diverse skill sets and navigate strategic career steps. LINK
The government has announced new legislation, under which social media platforms such as X and Meta’s Facebook and Instagram face fines of up to 5% of their global revenue if they fail to rein in misinformation. LINK
Rain and improved commodity prices are lifting farmer sentiment, despite a tough start to the year due to delayed rains. LINK
Outback QLD towns brace for a tough tourism season in 2025 after the cancellation of the iconic Big Red Bash event. LINK
GLOBAL NEWS
Trump gunman arrested after another assassination attempt
Donald Trump was the target of another assassination attempt at his Florida golf club, where a gunman was arrested after being spotted by US Secret Service agents. LINK
Goldman Sachs and Citigroup have cut their 2024 growth forecasts for China's economy to 4.7%, citing sluggish industrial output and weak economic activity in August. LINK
Shogun claimed the top drama prize at the Emmy Awards, while Hacks surprised by beating The Bear in the comedy category. LINK
Soaring coffee prices have Italians 'afraid and panicking'. LINK
COMPANY NEWS
Rebel swimwear and shoe sales surge as Aussies get active
Rebel Sport’s marketing campaign has boosted swimwear and running gear sales, recording double-digit growth in swimwear sales during August compared to the same period last year. LINK
Deloitte revenue growth at weakest level in 14 years as demand slows. LINK
Star Entertainment secures a $100M bailout, providing a critical cash injection as part of a larger plan to stabilise the casino group without selling its properties. LINK
SAS, a US-based developer of analytics and AI software has partnered with TAFE NSW to offer a 10-week course aimed at addressing Australia’s tech worker shortage. LINK
P&N Bank has cancelled its merger with Beyond Bank, after revelations that Beyond Bank's CEO was stood down due to an investigation into allegations of fraud during his tenure at Westpac. LINK
TikTok and ByteDance to argue against a potential US ban, claiming the law violates free speech rights. LINK
Virgin Australia pilots set to receive pay rises of up to $42,000 this year. LINK
Seek is embroiled in a legal battle with US competitor ZipStorm over the trademark of ‘SeekOut.’ LINK
THE ODD PICK
Passenger ordered to pay more than $5,000 in fuel costs after flight diverted due to bad behaviour
CHART OF THE DAY
Major Accounting Scandals by Numbers ($USD)
TOGETHER WITH
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BRAINTEASER
Gym for your brain
We've given 3 riddles to procrastinate the start to your working Tuesday. Good luck.
What is so fragile that saying its name breaks it?
What is always in front of you but can't be seen?
What has a head and a tail but no body?
Answers below