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Good morning!
Here is today’s riddle: What is a word with five letters that becomes shorter when you add two letters to it?
Answer is in the tidbit!


I’ve got 10 seconds
Quote of the day
“Would you be interviewing me or writing about me if I had simply posted ‘going on tour, the business is s**t, help me protect my employees and integrity of my show’… My arse is shining a light on the problem.”
UK singer Kate Nash in a post to Instagram after she started an OnlyFans to help cover touring expenses.
Stat of the day
23,000
Approximately how many fines for breaches of COVID-19 restrictions in NSW will be withdrawn and repaid by the state’s Government. It’s the last tranche of COVID fines to be withdrawn, after a successful legal challenge in 2022.
Today in history
1895
The Nobel Prizes were established when Alfred Nobel signed his will, donating a large portion of his wealth to prizes for physics, chemistry, physiology, medicine, literature, and peace.

I’ve got 30 seconds
Some headlines from this morning:
Tech giants have urged the Australian Government to delay its under-16 social media ban. Last week, the Government tabled a bill that would enforce a minimum age requirement. The bill includes fines of $50 million for companies that fail to block underage children from their platforms. The House of Representatives referred the bill to a Committee for review, a process that includes asking the public and stakeholders for submissions. In written submissions to the Government, Google and Meta warned against introducing the law before tested age-verification systems are in place. Meta argued that passing the bill without recognising the limitations of these systems means “neither industry nor Australians will understand the nature… nor the impact” of the changes. Google raised concerns that its current trial of age verification systems won’t finish until mid-next year, making the bill’s timing “concerning”. The Opposition has said it supports the bill, meaning it will likely pass before Parliament sits for the last time this year on Friday.
Incoming U.S. President Donald Trump has announced plans to introduce a 25% tariff on goods from bordering nations Mexico and Canada on his first day back in the White House. Tariffs are taxes imposed by countries on imported goods and services. The President-elect has also said he’ll add a 10% tariff to goods imported from China. In a series of posts to his platform Truth Social, Trump said he would only lift these tariffs if all three nations stop the entry of “massive amounts of drugs”, especially the opioid fentanyl, into the U.S, and if Mexico and Canada stop migrants from entering the country illegally. The U.S, Mexico, and Canada have long had free trade agreements allowing the flow of most goods without tariffs between the three North American nations. Trump will be inaugurated on 20 January, meaning his first official day in office will be 21 January 2025.

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I’ve got 1 minute

The Govt has dropped its bill to tackle misinformation on social media
The Federal Government has abandoned its bill aimed at combatting online mis and disinformation.
This legislation was introduced earlier this year after a previous version of the bill was delayed over concerns about freedom of speech suppression — including from the Australian Human Rights Commission (AHRC).
This week, Communications Minister Michelle Rowland issued a statement confirming the Government would not move forward with the bill.
It comes during Parliament’s last sitting week for the year. Here’s what you need to know.
Background
The main difference between ‘misinformation’ and ‘disinformation’ is intent: misinformation can include unintentional spreading of false information, whereas disinformation usually refers to deliberate campaigns to do so (such as bots or spam).
Labor introduced its misinformation and disinformation bill to the Federal Parliament earlier this year.
The legislation was aimed at tackling the spread of false or inaccurate information on social media platforms.
The bill
The bill defined misinformation or disinformation as content that is verifiably false, misleading, deceptive, or can contribute to “serious harm”.
Its definition of serious harm included: harm to the operation of government or public health, the vilification of a group, and physical injury.
The proposal included fines for digital platforms of up to 5% of annual global revenue for breaches.
Compliance would be monitored by the Australian Communications and Media Authority.
“No pathway”
The Government doesn’t have a majority in the Senate. It needs the support of the Opposition, or the Greens and some independents to pass laws.
Its revised misinformation bill failed to win support from the Coalition, while the Greens called for it to be “withdrawn”.
Communications Minister Michelle Rowland announced the Government would “not proceed” with the bill on Sunday. “There is no pathway to legislate this proposal,” she said.
Response
Shadow Communications Minister David Coleman said the Government’s decision to abandon the bill is “a win for the free speech for all Australians.”
Coleman said the bill “would have seen online platforms censor content “to avoid the threat of big fines.”
Reporting by Nandini Dhir.

I’ve got 2 minutes

The Govt’s ‘Help to Buy’ scheme has passed Parliament after months of negotiations
The Federal Government’s co-home ownership scheme has passed Parliament after the Greens agreed to support the measure following a long stand-off.
The “Help to Buy” scheme will split ownership of a property between the Government and a first-home buyer.
It will allow prospective buyers to put down a smaller up-front deposit and make lower repayments than an ordinary home purchase.
Here’s how we got here.
Home purchase
Anyone who wants to buy a home in Australia needs to pay a “deposit” up-front — normally around 20% of the property’s value.
The rest of the purchase can be made with a bank loan that you pay off over time with interest, called a “mortgage”.
According to property data analyst CoreLogic, the national median house price has risen from $552,200 in 2019 to $809,849 in October 2024.
That’s an increase of almost 47% in five years.
Help to Buy
Under the law, a person will pay a minimum 2% deposit to purchase a home. The Government will provide ‘equity’ worth up to 30% of the property’s value, or 40% for new builds.
Equity means the Government will be a part-owner of the property. It’ll also be entitled to up to 40% of a property’s value when it’s sold.
The Government argued the 2% deposit is a more realistic target for many Australians, while the equity would allow owners to apply for smaller mortgages.
The Government introduced its Help to Buy Scheme to Parliament in November 2023. It said 40,000 people would be able to access the scheme over four years.
To be eligible, a person must be a first-home buyer, and must not earn more than $90,000 per year, or $120,000 for couples. If a homeowner’s income increases above these caps, they could be made to repay the Government’s equity.
Area-dependent property price caps (e.g. $950k in Sydney, $400k in regional South Australia) will limit which homes can be purchased under the scheme.
Deadlock
Bills need to pass both the House of Representatives and the Senate to become law. The Government doesn’t have a majority in the Senate.
The Coalition voted against the scheme, meaning the Government needed support from the Greens and a handful of crossbenchers to pass the bill.
The Greens voted against the proposal in the House of Reps, arguing the 40,000-buyer cap would create a “housing lottery” and pit prospective home owners against each other.
Negotiations
The Greens put forward a list of demands for the Government to adopt in exchange for its support to pass the Help to Buy scheme.
Initially, this included reforms to tax discounts for property investors known as “negative gearing” and setting up a public housing developer.
In recent weeks, the Greens reduced their requests to an “immediate construction” of 25,000 social and affordable homes and tweaks to the Help to Buy model to increase access to lower-income earners.
Greens
Yesterday, the Greens announced it would support the Government’s legislation without any changes, ending 12 months of deadlock.
Greens’ Housing spokesperson Max Chandler-Mather said the party agreed to pass the bill “after accepting Labor doesn’t care enough about renters to actually do anything meaningful for them.”
“We have pushed as hard as possible to get Labor to do more than tinkering around the edges of this devastating housing crisis,” Chandler-Mather said.
Govt remarks
Housing Minister Clare O’Neil said the Greens had folded after “a year of delay and blocking” the bill, which she called a “bold and ambitious” housing reform.
“I'm really pleased that the Greens have finally seen the light,” O’Neil said.
The bill has now passed the Senate, meaning the scheme can be set up once the Governor-General formally signs it into law.
Reporting by Harry Sekulich.

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🍊 Mary Fowler is taking a break. Here's what she said.
🍊 The 13-year-old picked for pro cricket. More details here.
🍊 Sydney Swans coach steps down. And the coach to replace him.
🗞️ Also in the Sport Newsletter: a random fact, cycling and more…

Give me some good news
13-year-old Indian batsman Vaibhav Suryavanshi has secured a $200,000 contract to play in the Indian Premier League.
He’s the youngest player to secure a spot in the league’s history, breaking the previous record by three years. Suryavanshi scored a century from just 58 balls in an under-19s international between India and Australia earlier this year.
Want more good news? Sign up to our weekly Good Newsletter here - we promise it’ll make your week better!
Reporting by Achol Arok.

TDA tidbit

Canadian rapper Drake has begun legal proceedings against Universal Music Group and Spotify, alleging the companies pumped up the streaming numbers of Kendrick Lamar’s diss track ‘Not Like Us’.
Lamar’s song topped the U.S. charts soon after its release in May, when it was the latest shot in a long-running fight between the two performers.
On 3 May, for example, Drake dropped the track ‘Family Matters’ where he accused Lamar of domestic violence.
About 20 minutes later, Lamar released ‘Meet the Grahams’, which alleges Drake is a “predator” and likened him to convicted rapist Harvey Weinstein.
Then, a day after that, Lamar released ‘Not Like Us’, where he calls Drake a “certified paedophile”.
According to Billboard, Drake alleges UMG and Spotify worked together to “artificially inflate the spread of ‘Not Like Us’”.
UMG has denied the claims.
1800 RESPECT: 1800 737 732
Reporting by Lucy Tassell.
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Riddle answer: Short.


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Streaming services are investing more and more in live sporting events and sports documentaries. It's changing how sports stories are told, and how audiences engage with global sporting moments. This week, Formula One confirmed a US car giant is joining the F1 grid in 2026. It comes off the back of the hit Netflix doco-series, Drive to Survive.
While the streaming giant has raised the profile of Formula One, it's also turned its attention to other sports. Earlier this month, millions of users tuned in to watch a high-profile boxing match, and there's more to come. In today's deep dive, we discuss how streaming platforms are transforming their sports strategies and findings new audiences.

TDA asks








