LinkedIn News Australia on LinkedIn: #iotd (2024)

Welcome to The Evening Wrap-Up — a summary of the day's top news and views.Today, we’re discussing the prevalence of sexual harassment in the retail sector, the rise in hybrid car and EV sales and higher interest rates failing to deter first home owners. Also, Coldplay has revealed how it has reduced its carbon footprint with its latest world tour. 📣 Paul Zahra, CEO of the Australian Retailers Association (ARA), writes that urgent action must be taken on sexual harassment in the workplace —https://lnkd.in/ejXYbRHUHave high interest rates affected your home buying plans? Share your answer or thoughts on any of these stories in the comments below.✏️ Brendan Wong #TheWrapUp #Australia #News📰 Sources:Sexual harassment prevalent in retail sector (Australian Broadcasting Corporation (ABC))https://lnkd.in/gUk6RwNtMore Aussie drivers choosing hybrid cars and EVs (Guardian Australia)https://lnkd.in/gaDEnh4uHigher interest rates fail to deter first home buyers (Nine News)https://lnkd.in/e4Mwm_6VColdplay beats emissions target with world tour (BBC News)https://lnkd.in/e9mXRv7w

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Welcome to The Evening Wrap-Up — a summary of the day's top news and views.Today, we’re discussing AI chipmaker NVIDIA hitting the US$3 trillion market cap, Queensland’s $26 billion investment in renewables and why orange juice lovers will be feeling the squeeze. Also in this edition, we ask: which unusual employee benefit would you opt for — in-home childcare or all-expense paid holidays?💡 Bloomberg TV anchor Caroline Hyde shares her thoughts on Nvidia’s share price rally — https://lnkd.in/eCDU4zAYCan the AI-driven stock market rally continue? Share your thoughts on this topic and other stories in the comments below.By Misa Han#TheWrapUp #Australia #News📰 Sources:Nvidia overtakes Apple as the second most valuable company (Reuters)https://lnkd.in/eJT-TF4jQueensland government to fuel state’s transition to renewable energy (Guardian Australia)https://lnkd.in/ehVvSSW8Global orange concentrate shortage worsens (Australian Broadcasting Corporation (ABC))https://lnkd.in/e4ABS7aDNew job? Name your perk (LinkedIn News Australia)https://lnkd.in/eY_rxky5

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A lightbulb moment doesn't come in an instant, instead a good idea grows over time, argues founder Tom Bruining.Bruining writes on LinkedIn that when he started his company, he originally had a few ideas on the table, but worked through each of them methodically."The [final] idea didn't come from our experiences. It came from experimentation and a willingness to discard things that weren't getting traction. Your ability to envision the potential of an idea is limited by what you can see on the horizon, the visibility increases as you get deeper into the problem space," he writes.Where have your best ideas come from? Did they come in an instant or develop over time? Read Bruining's full post then comment below.#IOTD

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Is this the hill you want to die on?That’s the question you should ask yourself when faced with an issue at work, says facilitator Jonathan Clark. “If I used my influence and energy on this, what would I bring to the next one and, more importantly, the one after?” he says. “Pick your battles.”Do you agree that knowing when to take a step back helps with prioritisation? Share your thoughts in the comments.

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More women are leading Australian businesses, but they continue to face major barriers including opportunities, resources and investment, new data has found. The report by Women's Agenda, which surveyed more than 1,000 business owners and startup founders identifying as women, showed one in three businesses have a female leader. It found women had a strong appetite for growing their businesses and using them to create societal change, with over 75% planning to expand their businesses in the next year and 56% of respondents intending to make a positive impact in areas such as care, health, social justice and family violence. However, inflation and high costs of living were the key challenges. According to the report, 74% of respondents said these factors were affecting their business's future growth. Other barriers were gender-based bias from investors, government policies and worker shortages. Julie Mathers, CEO of Snuggle Hunny, said every challenge provided an opportunity for women leaders. "I think there's a huge opportunity, and if you can weather this fairly major storm we’re in at the moment, you will come out really strong and ready to go," she said. In a LinkedIn post, entrepreneur Andrea Christie-David wrote, "Equalling the playing field in terms of gender, race, and ability will benefit the community both economically and socially, we all have a role to play in achieving this." What changes are needed to help women succeed as business owners? Share your thoughts in the comments below. SourcesWomen's Agenda: https://lnkd.in/gjc7X9xyAndrea Christie-David: https://lnkd.in/gX3FjX28

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What would you do with an extra week of annual leave?Australian workers could have a minimum of five weeks' paid holidays a year, if unions get their way.The Shop, Distributive and Allied Employees' Association (SDA) has proposed the resolution, which urges the government to update the National Employment Standard's annual leave minimum from 20 to 25 days, and also boost casual loading from 25% to 27.5%, according to The Australian Financial Review.Sally McManus, the secretary of peak union body Australian Council of Trade Unions (ACTU) is urging union officials struggling with dwindling membership to take advantage “of an environment that is more favourable than we have had for decades”.Australia introduced annual leave in 1941. In 1945 lawmakers boosted it to two weeks, to three weeks in 1963 and to four weeks in 1974.“Australian unions did an incredible job lifting paid annual leave in the 20th century. But for 50 years we have seen no change. At the same time, productivity has lifted, and technology has completely changed the way we work and live. There has to be a social benefit. And we say that five weeks’ annual leave is the obvious next step,” said Gerard Dwyer, SDA national secretary.Countries like France, Finland, Sweden and Norway already mandate a minimum of 25 days of annual leave, while in Australia some companies like Bunnings, Big W, IKEA and Apple already provide it. (Read more: https://lnkd.in/gMXXq_9fWhat are your thoughts? Vote in our poll and leave a comment.🖊️ Marty McCarthySource: https://lnkd.in/g-aJhhfW

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LinkedIn offers some of the most engaging and informative newsletters from trusted news sources. From the week’s best stories to economics insights delivered with humour and CEO success tips, here are our top picks for the week. Featuring: 📚 Weekender from SmartCompany — all the top stories for the entrepreneurial thinker. (https://lnkd.in/eajKW2G5)📚 Liam Dann: Inside Economics from the New Zealand Herald — Business Editor-at-Large Liam Dann answers reader questions every week on finance and economics.(https://lnkd.in/dMUJrgWc)📚 CEO Briefing from The CEO Magazine Global — the best of business direct to your inbox. (https://lnkd.in/emaYAX-n)📚 AFR Success from The Australian Financial Review — your weekly guide to work, careers and wealth. (https://lnkd.in/ePHJq7Si)📚 Afternoon update from Guardian Australia — finish your day with a three-minute roundup of the stories that matter. (https://lnkd.in/dHauDZZ2)Got a newsletter you'd like to highlight? Drop the link in the comments below!By Cathy AndersonPhoto: Getty Images

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Is it a good idea to actively look for love at work, or to not resist an attraction to a co-worker?Workplace relationships aren’t uncommon — and it’s unsurprising that people find a partner through their jobs, says Amy Nicole Baker, a psychology professor at New Haven University in the US.Australians spend a considerable amount of time at work and with colleagues who have similar professional backgrounds and interests."So we have a lot in common with the people that we work with, and that is a breeding ground for attraction,” she tells the Australian Broadcasting Corporation (ABC).But not everyone agrees that office romances are a good thing and, while relationships are not illegal, some firms stipulate they need to be declared to human resources to avoid any conflicts of interest, favouritism or unwarranted promotions.What do you think about dating someone at work? Vote in our poll and tell us more in the comments.By Cathy AndersonSource: Australian Broadcasting Corporation (ABC): https://lnkd.in/eZaz9Ts2

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Australia has a fashion consumption crisis — and we all need to stop shopping, says ESG specialist Bec Arandall.In response to a news story revealing Aussies to be the biggest purchasers of new clothing in the world per capita, she writes how she has unfollowed brands on social media and unsubscribed from marketing emails to curb her purchases — and encourages others to do the same."It’s not perfect, I’m not perfect, but small steps go a long way," she writes.Do you agree? Share your thoughts in the comments below.

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