🗞️ World class

New Zealand can lay claim to plenty of world-class icons, from the legendary All Blacks and the Lord of the Rings film locations, to an unbeatable sheep-to-human ratio of 5:1.

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Good morning. New Zealand can lay claim to plenty of world-class icons, from the legendary All Blacks and the Lord of the Rings film locations, to an unbeatable sheep-to-human ratio of 5:1.


They have now claimed something slightly more obscure as "the best place in the world to have herpes".


That was the pitch made by the New Zealand Herpes Foundation which went on to win a top prize at this year's Cannes Lions awards.


The campaign won't top the famous drink driving 'Ghost Chips' campaign but it's certainly been a success.


All the headlines and more below...

AUSTRALIAN NEWS

Australia's core inflation hits 3.5-year low, greenlighting a potential July rate cut

  • Australia's inflation rate has eased to 2.1% in May whilst core inflation reached a 3.5-year low. LINK

  • Australian sheep farmers are benefitting from record prices as global demand surges whilst New Zealand production plateaus. LINK

  • Australian commercial buildings have reduced carbon emissions by 7M tonnes since 1998 through energy efficiency measures. LINK

  • Australian police have identified 90 individuals linked to cryptocurrency ATM scams including a $433,000 victim. LINK

COMPANY NEWS

ACCC authorises banks and retailers to collaborate on cash-in-transit services

  • The ACCC has authorised banks, retailers and Australia Post to collaborate on Armaguard's cash services. LINK

  • Xero agreed to acquire US payments software company Melio for $3.9B to accelerate its US growth. LINK

  • Star Entertainment shareholders have approved a $195M rescue deal backed by Bally's Corp and the Mathieson family. LINK

  • Ikea acquired 10 big-box stores across Australian cities for $163M to strengthen its retail presence whilst planning EV chargers and rooftop solar installations. LINK

  • YouTube has criticised Australia's eSafety Commissioner for recommending its inclusion in social media age restrictions. LINK

  • Target is exploring factory-direct shipping to compete with Temu and Shein whilst expanding its lower-cost product range. LINK

  • Amazon has been ranked as the worst UK food retailer for industry standard compliance with 66.4% supplier satisfaction. LINK

  • Canva has acquired creative platform MagicBrief for over $10M at a $32B company valuation. LINK

  • A Qantas flight returned to Perth after 15 hours due to Iranian missile threats. LINK

  • Stan has secured the English Premier League streaming rights for $60M annually while Optus maintains a $40M cost despite relinquishing its rights. LINK

ONE MORE SCROLL

Editor’s Pick: The more protein, the better? The New York Times fact-checked this and 5 other big protein claims circulating online.

Draft Pick: A PE teacher from amateur side Auckland City scores in the Club World Cup.

Odd Pick: Punk band releases record that ‘smells like Gwyneth Paltrow’s vagina’.

TOGETHER WITH

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TRIVIA


Spot the fake fact:

A) The reason M&M's got their iconic individual "M" stamp in 1950 was to ensure the chocolate was an original.
B) There is a pattern on the inside of your upper eyelid that is as unique as your fingerprint.
C) The business Amazon is named after the Amazon river.
D) Rugby was invented after someone picked up a soccer ball during a soccer game and ran with the ball.


Answer below

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ANSWER

B) There is a pattern on the inside of your upper eyelid that is as unique as your fingerprint.


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