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hang on3 jul 2026

did money really just do that?

the cinemais backactually

via mi-3.com.au
what it means for you

even with streaming at home, we're still dropping $100 million a month on the big screen.

tl;dr

australian box office revenue topped $100 million for three straight months in 2026 as cinema attendance jumped 16% year-on-year.

the full story

it turns out the death of the cinema was a bit premature. for the first time in history, aussie theaters have pulled in over $100 million every month for an entire quarter. it's not just one blockbuster doing the heavy lifting either; it's a mix of nostalgia and massive franchises that are actually getting people off their couches and into those reclining seats.

while toy story 5 and the michael jackson biopic are the current heavy hitters, the real story is where our discretionary cash is flowing. despite the cost of living, we are still prioritising shared cultural moments. for investors, it's a clear signal that physical entertainment venues can still hold their own against the streaming giants when the content hits right.

go deeper: what are thematic etfs

your power billis pulling asneaky move

via canstar.com.au
what it means for you

so even if you use less energy, your daily supply charge might cancel out the savings.

tl;dr

energy retailers are cutting usage rates but jacking up fixed daily supply charges by up to 70% for some customers.

the full story

retailers are rebalancing their pricing from july 1, and it is a massive hit to people who actually try to save power. while the cost per kilowatt-hour is dropping by about 8% in victoria and nsw, the daily cost just to be connected to the grid is spiking. it means the less power you use, the more you are relatively paying for the privilege of being plugged in.

the australian energy regulator is currently looking into how these companies communicated the price changes to customers. keep an eye on your next bill to see if your 'fixed' costs have jumped while you were busy turning off the lights.

go deeper: portfolio transparency impact investing australia

mercer superjust gotslapped

via asic.gov.au
what it means for you

that fund you trust for retirement? they were caught charging dead people insurance premiums.

tl;dr

the federal court fined mercer super $10.3 million for failing to report systemic issues that hit over one million members.

the full story

mercer super, the seventh-largest fund in the country, just copped a massive fine for keeping the corporate watchdog in the dark about major internal stuff-ups. between 2021 and 2024, they failed to report that they were charging insurance premiums to deceased members, overcharging others for fees, and leaving eligible people without disability cover.

this isn't a one-off error; it's the second time in months the fund has been hit with a multi-million dollar penalty, following a separate greenwashing case. for anyone with a super account, it is a blunt reminder that even the biggest players can have systemic weaknesses that only come to light when the regulator steps in.

go deeper: super basics for your twenties

that’s today’s edition. it updates daily. see past editions →