Squiz Today / 29 March 2022

Squiz Today – Tuesday, 29 March

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Squiz Today Podcast

Take it for a Tuesday walk.

Today’s listen time: 9 minutes

19 / 22
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Squiz Sayings

“From the many years I’ve spent training people, guys tend to overestimate their ability and give things a go, and don’t think that they need formal skills training, whereas ladies tend to swing way the other way.”

Said Heather Morning, chief instructor at Scotland’s Glenmore Lodge. And it’s her theory to explain why women accounted for 10 of 114 fatalities in the mountains in recent years. One of the biggest problems: male reluctance to learn about navigation…

From GI Jane to The Slap – Oscars take a hit

American broadcaster ABC has long wondered how to make the Academy Awards compulsory viewing like it was in years gone by. But a mid-ceremony meltdown where the man who goes on to win Best Actor angrily slaps one of the most famous comedians in the world probably wasn’t on their list…

Comedian Chris Rock was on stage to present the award for Best Documentary Feature. Before getting to it, he was stirring up the laughs with a few jokes at the guests’ expense when he got to Jada Pinkett Smith, an actress/singer/wife of Will Smith. “Jada, I love ya. GI Jane 2, can’t wait to see it.” It was a reference to her shaved head – a look perfected by the OG Demi Moore. Note: Pinkett Smith has alopecia, an auto-immune condition that causes hair loss. Smith initially laughed at the quip, but as you can see, things turned sour – like milk in the blazing sun kinda curdled. A little later, Smith won the Oscar for Best Actor for his performance in King Richard. It’s a movie about Richard Williams, father of tennis stars Serena and Venus, who was “a fierce defender of his family,” Smith said. He apologised to the Academy and his fellow nominees – but not to Rock, with whom he has a history. ​​“Love will make you do crazy things,” he said. The comedian told police he didn’t want to press charges against Smith.

Look, we’re no fight adjudicators… Oh, you mean the Oscars? There was no single runaway winner. CODA became the first movie made by a streaming service (Apple TV+) to win Best Picture – it’s the “big-hearted crowd-pleaser about a hearing teenager balancing her dreams, her high school crush and her love for her deaf family”. Further to that, Troy Kotsur won the Oscar for Best Actor in a Supporting Role for his performance, becoming the first deaf man to win an Oscar. Kiwi Director Jane Campion took out Best Director for Power of the Dog – a film about, ahem, toxic masculinity… She became the 3rd woman to win the coveted award. For Jessica Chastain, it was 3rd time lucky – she picked up the Best Actress gong for her turn as disgraced evangelist Tammy Faye Bakker. Who won the doco award after all of that? Musical genius Questlove for Summer of Soul. And who won the red carpet? The colour red…


Squiz the Rest

It’s Budget time…

Record low unemployment – it’s a prediction that will feature heavily in tonight’s Federal Budget. According to reports this morning, Treasurer Josh Frydenberg will reveal that Australia’s jobless rate is expected to hit 3.75% before the end of September. That sort of low hasn’t been seen since 1974… It’s lower than the Reserve Bank’s expectations and would drive wages higher and help deal with rising inflation. Our unemployment rate is currently at 4%, and the Morrison Government predicts it will remain around there for the coming 4 years. Also on the cards – fuel excise is set to be cut by 10c/litre for 6 months – a $2 billion move. There’s a lot of scepticism from industry players – the NRMA’s Peter Khoury said “sudden jumps in oil prices will eat up whatever cuts we see”. Still, Labor leader Anthony Albanese has signalled support for measures to ease cost of living pressures, and the excise cut should be in place by the end of the week. See you on the flipside…


Flood warnings issued for the east coast

Flood-weary communities in NSW and Queensland are experiencing more bad weather as another ‘rain bomb’ unleashes on Australia’s already sodden east coast. A man died after his car was caught in floodwaters near Toowoomba, and another man is missing after heavy rain fell on parts of southeast Queensland yesterday, including the Goldie. The low-pressure system is set to move south today, and the weather bureau has issued multiple flood warnings stretching from the Tweeds Heads to Coffs Harbour. The Richmond, Wilsons, Orara and Bellinger Rivers are all considered at risk of flooding. And after a wet weekend, residents in the northern NSW town of Lismore have been evacuated with more heavy falls forecast. A silver lining to the dark clouds: the rain isn’t expected to stick around for long, with the worst of it set to ease up tomorrow. But sorry, Sydneysiders, it’s raining all week long for you…


Shanghai shuts down as Omicron spreads

As it battles its largest COVID outbreak since the start of the pandemic, China is locking down 26 million residents in its largest city for mass testing. Omicron cases have jumped since early March, with millions across the country subjected to citywide lockdowns. Shanghai managed to avoid that fate until it emerged as a hotspot for new cases. The city reported a record 3,450 symptomatic cases there on Sunday, accounting for nearly 70% of China’s total new cases. After targeted measures like 48-hour neighbourhood lockdowns didn’t result in reduced case numbers, Shanghai residents will now stay at home and undergo mass testing. The viability of China’s COVID-zero strategy has been questioned as Omicron spreads across the country, but analysts say the outbreak could delay Beijing’s plan to soften its approach. In other COVID news, Victorian Premier Daniel Andrews has started his 7 days in iso after testing positive yesterday. He’s “well stocked on Panadol,” he says… 

World News

Star boss steps down

An ongoing review by NSW’s gaming regulator into the suitability of Sydney’s Star Casino to retain its gaming license claimed its first casualty yesterday with the resignation of CEO Matt Bekier. The inquiry follows a Sydney Morning Herald/60 Minutes investigation that claimed the company facilitated money laundering, fraud and other criminal activity at its casinos in Sydney, Brissie and the Goldie. Public hearings into the Sydney casino’s operations this month have heard damning evidence backing up some of those allegations. Last week, it heard Bekier rejected a 2018 audit concluding the company was failing to tackle money laundering at its casinos. Now he’s gone, telling Star’s board the buck stopped with him on “the company’s processes, policies, people and culture”. The inquiry is due to report on 30 June.

Business & Finance

The thousand-goal footy returned

You might have seen the incredible footage of tens of thousands of footy fans streaming onto the Sydney Cricket Ground last Friday night during the Sydney Swans and Geelong match. For those not down with the AFL, that happened after Swans full-forward Lance ‘Buddy’ Franklin kicked his 1,000th career goal becoming the 6th player in the league’s history to achieve the milestone. Swans fan Alex Wheeler claimed the ball after it flew through the goalposts – most spectators were too busy filming it, and he took it home for safekeeping. And after an appeal from the club, he returned the ball to Franklin yesterday, claiming some kit and a 5-year membership to the ground for his troubles. Why did Wheeler give up the legendary footy thought to be worth around $200,000? “I don’t have a pool room to put it up in,” he joked. And according to AFL convention, he kinda had to


Apropos of Nothing

Nelson Mandela has become a blockchain hit… An NFT (non-fungible token) of his original arrest warrant from 1962 has sold for $174,000 at auction. The funds will help keep the Liliesleaf Museum Heritage Site open – it’s where Mandela and other party leaders hid from authorities.

Older Australians and Americans have a more significant impact on the climate than any other age group in the world. Norwegian researchers say “older people used to be thrifty”, but the “new elderly” – aka those over 60yo – are spending more money on houses, energy consumption and food than others.

A new study suggests that Peru’s tourism hotspot Machu Picchu has gone by the wrong name for more than 100 years. Cultural researchers say its Inca inhabitants called it Picchu, or Huayna Picchu. Oops…

Quirky News

Squiz the Day

4.00pm (AEDT) – Cricket 1st ODI – Australia v Pakistan – Pakistan

7.30pm (AEDT) – Treasurer Josh Frydenberg delivers the Federal Budget – Canberra 

ABS Data Release – Retail Trade, February 2022

Birthdays for composer Vangelis (1943), model/businesswoman Elle Macpherson (1964), and actor Lucy Lawless (1968)

Anniversary of:
• the official opening of Royal Albert Hall by Queen Victoria (1871)
• Australia’s first federal election leading to Edmund Barton being elected Prime Minister (1901)
• Nelson Mandela being acquitted of treason after a 4.5-year trial (1961)
• the discovery of the Terracotta Warriors in Xian, China (1974)

5.00am (AEDT) – Football World Cup Qualifier – Socceroos v Saudi Arabia – Saudi Arabia

Squiz the Day

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