Was this email forwarded to you? Sign up here


Hi {{first_name || BSOC Community}}! 👋🏻


Exams are close, your LinkedIn feed is full of people announcing internships and our very own Vinny (whose snowboarding is world class), is proof that the most interesting careers rarely follow the script you thought they would.


In this edition, we're covering the unspoken rules of networking that nobody teaches you, why the economy is getting more expensive and slowing down at the same time, and what CBA just built to fight scams using AI. Plus BSOC’s very own line of merch, the Wings for Life World Run is on May 10 and EY has graduate and undergrad programs open now.


For questions and feedback, contact us at [email protected]


BSOC and The Aussie Corporate Team

📈 AUSCORP CAREER ADVICE

Most students treat networking like a job interview they didn't prepare for. They walk up to someone senior, ask "what does your day-to-day look like" and then immediately follow up with "how did you get into the industry" before the person has finished their first answer. It's rapid fire. It's generic. And the person you're talking to has answered both questions six times already that evening.


Before any event, spend 10 minutes on LinkedIn. Look at who's attending or which firms are there. Find one person you'd genuinely want to talk to and read their profile properly. Where did they work before this role? Did they post something recently you found interesting? Did they study something completely unrelated to what they do now? That's your opening, and it's a thousand times better than "so what does a day in your life look like?"


The biggest mistake is not listening. If you ask someone how they ended up in banking and they mention they actually started in consulting, that's your follow-up. "What made you switch?" is a better next question than whatever you had pre-loaded. You wouldn't ask a mate how their weekend was and then immediately talk about yours without acknowledging what they said. The same principle applies to a senior associate at a networking event.


People remember the person who was genuinely curious about their answer, not the one who rattled off five “good” questions from a list they memorised in the Uber on the way there.

TOP PICKS FROM LAST FORTNIGHT

  • Four 'finfluencers' suspected of giving unlawful advice have been hit with warning notices amid a regulator crackdown. LINK

  • Commonwealth Bank built an AI system that doesn't just detect scams, it writes the code to block them. LINK

  • Westpac disbanded its customer and corporate services division, redistributing a few thousand operational roles across the bank as it appoints Carolyn Hoy COO in the institutional bank. LINK

  • Cocaine-positive workplace drug tests in Australia rose 45% in the March quarter year-on-year, with detections remaining above previous baseline levels across most states. LINK

  • More than 50% of Australian consumers are now cutting back on coffee and snacks. LINK

  • Westpac has hired Bain & Company to help streamline the bank’s operations as chief executive Anthony Miller prepares dramatic but low-profile organisational changes. LINK

PICK & SCROLL BY THE AUSSIE CORPORATE

The BSOC Bulletin lands every fortnight. The news doesn't. While you were looking forward to the weekend, CBA uses AI to write code against scams and you can now fly to Japan for $1.1K with Qantas.


If you missed any of that, we’ll keep you in the loop even if you live under a rock.


Every weekday morning at 8:00am, we send you everything that happened across Australian business and corporate news in a 2-minute read. Same team. Same voice. Just daily.

👕 Marketing: BSOC Merch



The 2026 “Since 1988” merch collection reimagines BSOC’s identity through a distinctly athleisure lens, where legacy meets everyday movement. Drawing on classic sportswear silhouettes, the collection channels a champion mindset: confident, refined, and built for action.


Featuring relaxed fits, structured hoodies and versatile colourways, each piece is designed to move with you, from early lectures to gym sessions and everything in between. It’s the kind of staple you reach for without thinking, designed to carry you through the day and whatever you take on next.


The “Since 1988” detail grounds the collection in BSOC’s legacy while reflecting the mindset of today's students. More than just merch, it ties past and present together through a shared sense of consistency, drive, and community. After all, this is what winners wear.


And if you thought that was all for the season… Winter might just be stepping in to complete the look 👀

Annabelle Nguyen | Marketing Director

🧑🏻‍🎓 BSOC INTERNAL SPOTLIGHT


Hi, I'm Vinny a penultimate year student at UNSW studying a Bachelor of Actuarial Studies / Commerce, majoring in Finance. I am the Vice President of Internals at the UNSW Business Society and I have a keen interest in business and finance, previously interning at American Express as a Product, Planning and Strategy Intern. I enjoy meeting new people and also used to snowboard competitively all around the world 😀.


A Little About Me!

  • Dream Travel Destination: Maldives 🏝️

  • Best Advice Given: If you can't beat the fear, just do it scared ⚡️

  • What is Something You Wish You Had?: R34 GTR 🏎️

💼 FROM EY


As your write your next chapter, what shape will it take?


From undergraduate opportunities to our Graduate Programs, EY will provide you with experiences that will help you grow and shape the career you want.

🗒️ THE ECONOMIC SCOOP

Australia's economy is getting more expensive and slowing down at the same time. Those two things don't usually happen together, and that's why the next few months are going to hurt.

Source: ABS, Jarden

The RBA's preferred way of measuring inflation, which removes the biggest one-off swings up or down to give a cleaner read, has been stuck at 3.3% for 4 months in a row. That sounds stable. It isn't reassuring. It means the fuel shock hasn't fully hit everyday prices yet, but it's coming.

"One hike … takes the cash rate to 4.35%, reversing all three cuts from 2025. Beyond May, additional tightening risks over-tightening into a demand slowdown already in progress.

Jarden

Grocery inflation is forecast to hit 5.5% by December. Building materials costs reportedly doubled in April. Businesses are already paying more to run their operations and they are passing it straight through to prices.


Exhibit 1: We expect the RBA to hike rates at the May meeting in a split decision, but caution on the growth outlook limits the expectation for further tightening

Source: Morgan Stanley Research, RBA

The RBA is widely expected to raise interest rates today by 0.25 percentage points, taking the cash rate to 4.35%. On a $600,000 mortgage, that's roughly another $90 a month on top of everything that's already been added since 2022. Mortgage repayments are already near their highest level relative to income in decades. New home prices rose 4.5% in the last year and are likely to keep climbing as construction costs flow through.


The problem the RBA can't solve is structural. Rate hikes work by making borrowing more expensive, which slows spending, which eventually cools prices. The energy shock is arriving from outside while the damage from two years of rate rises is still working its way through household budgets. Both are happening now, and there's no policy lever that addresses both at once.

🗒️ UPCOMING EVENTS

Wings For Life World Run


Ever wanted to challenge yourself and be part of something bigger? 🏃‍♀️


The UNSW Business Society is bringing back the Red Bull Wings for Life World Run 🌍🏆, and you’re invited to join us!!! Grab your friends and run for a great cause, with 100% of your registration fee going towards spinal cord research 🔬.


⁉️HOW WILL IT WORK⁉️
This is a global run with no set finish line instead, you’ll run alongside others while staying ahead of the Virtual Catcher Car 🚗 through the event app, and once it passes you, your distance is recorded.


⁉️WHAT IS THE TRACK⁉️
This year’s run will take place at the Royal Randwick Racecourse 🐴, with more details on the starting point coming soon.


⁉️WILL THERE BE REFRESHMENTS?⁉️
Yes there will be refreshment stations with Red Bull, water, and food trucks to keep you going!


⁉️IS THERE A PRIZE⁉️
We’ll also be giving out a special Red Bull-sponsored prize 🏆 to the longest distance runner in our BSOC team.


EVENT DETAILS
📅 Date: 10th May 2026
Time: 9pm AEST
📍 Location: Royal Randwick Racecourse
💵 Price: $28

🗒️ COMING SOON

  • Job Listings / Resources

  • Startup Space

  • and more…

For questions and feedback, contact us at [email protected]

Was this email forwarded to you? Sign up here

OUR 2026 SPONSORS

Keep Reading