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Hi {{first_name || BSOC Community}}! 👋🏻
Nobody likes hearing that their work isn't cutting it, but how you respond to that conversation in your first job will shape how every manager after that one sees you.
In this fortnight’s edition, we've got Adrian from the education team who's powered by Monster, KPMG's whistleblower saga getting worse by the week, and a UBS chart on young people spending.
Plus Citi is opening their offices to you, there's a High Achievers Evening at Doltone House and Phil Good Day is back on the Quad Lawn.
For questions and feedback, contact us at [email protected].
BSOC and The Aussie Corporate Team
📈 AUSCORP CAREER ADVICE

When your manager says "we need to talk about your performance"
Hearing you're underperforming sucks. Skip the defensiveness and the emotional response - you’ve got a job to save. The only thing that matters is whether their feedback is specific enough with appropriate examples so you can act on it.
If the feedback is fair, own up immediately. No excuses, no pity party, and no week-long apology tour where you keep bringing it up. Just fix the thing and make it visible that you've fixed it. Ask your manager what good looks like over the next few weeks so you're both measuring against the same bar. The interns who recover from a rough patch aren't the ones who nod along in the meeting and hope it blows over. They're the ones whose manager can see something different immediately.
Sometimes though, you do everything right and you're still getting it wrong. You've asked for help, adjusted your approach, put the hours in and the work is still not landing. That’s when it might not be a performance problem. You might just be in the wrong role, wrong team or wrong environment. Working that out during a part-time job or an internship doesn’t mean you’ve failed. It's actually a good thing to happen early in your career when you’re still a bit more mobile.
🗞️ PICK & SCROLL BY THE AUSSIE CORPORATE
The government has pledged to fix a capital gains tax “widow tax” flaw affecting an estimated 680,000 jointly owned, supposedly grandfathered properties. LINK
The emergency fuel discount introduced after the Iran war sent prices soaring in February is being phased out. From July 1, the excise cut drops from 32 cents per litre to 16 cents - about $10 more for a 65-litre fill. LINK
KPMG is facing pressure from a parliamentary committee to publicly release confidential whistleblower investigation documents as chair Martin Sheppard and 2 senior partners resign over misuse of client information. LINK
Australia has introduced a new law from July 1 2026 that bans Coles and Woolworths from charging significantly excessive grocery prices above supply cost plus reasonable margin, enforced by the ACCC. LINK
Qantas and Jetstar have scrapped 4 underperforming trans-Tasman and domestic routes from October due to falling demand, higher fuel, wage and tax costs. LINK
Bankwest, the digital challenger brand of CBA, has removed LMI for select professional borrowers with 10% deposits as it targets low-risk high-income customers to rival Macquarie. LINK
The BSOC Bulletin lands every fortnight. The news doesn't. 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.
🧑🏻🎓 BSOC INTERNAL SPOTLIGHT

Hi everyone, I'm Adrian and i'm one of the education directors in BSOC this year. I study Actuarial Studies/Computer Science but I think my degree is making me go bald from all the Monster i've consumed. Whenever I can, I like to watch and play football whilst going to the gym and playing brawl stars.
A Little About Me!
First Job: Tutor 🧑🏻🎓
Something you cannot live without: Sugar Free Monster 🥤
If you could be any celebrity for a day, who would it be?: Jalen Brunson 🏀
💼 FROM I-LEAD

🌎 I-LEAD SCANDINAVIA 2026
Travel to Scandinavia during summer break with BSOC! Want an experience that looks incre.dible on your CV, enhances your career prospects, expands your global network, and might just change how you see the world
🎗️ PHILANTHROPIC SPACE: SAVE THE CHILDREN

This July, the UNSW Business Society's Philanthropy Portfolio is proud to spotlight Save the Children, a leading global charity working to protect children's rights and improve children's lives around the world 🌏❤️
About the Charity:
Save the Children is a not-for-profit organisation dedicated to giving children the best start in life, the opportunity to learn, and protection from harm. They work in communities across the globe, delivering programs in health, education, child protection, and emergency relief to ensure every child has the chance to survive, learn, and thrive.
Additionally, Save the Children partners with local communities, governments, and other organisations to respond to crises, fight childhood poverty, and advocate for children's rights, working in some of the world's toughest places to reach children others can't.
How you can help:
All gold coin donations from Phil Good Day will go directly towards Save the Children's work, helping give vulnerable children around the world a brighter future.
Taking the time to learn about Save the Children's mission and sharing their work with others helps amplify their impact and encourages more people to care about children's wellbeing worldwide.
If you’d like to support this incredible cause, join us at our Phil Good Day 🧁🎉
🔎 THE ECONOMIC SCOOP
Headline inflation eased to 4% in May, largely because petrol prices fell after the government temporarily halved the fuel excise. While that pushed inflation below forecasts, the measure the RBA watches most closely continued to rise. Underlying inflation reached 3.6% over the year, its highest level since late 2024, and has picked up each month since February.

Source: ABS, Macrobond, UBS
Many everyday expenses are still becoming more expensive. Rents rose 3.6% over the year, new home construction costs increased 5.6%, and restaurant meals were up 3.9%. Petrol prices may also rise again as the fuel excise discount is phased out from July, while the 4.75% award wage increase from 1 July could add to costs for labour-intensive industries such as hospitality and other services.

Source: UBS
The RBA focuses on underlying inflation when deciding interest rates because it removes volatile items such as fuel prices. While headline inflation has eased, persistent price growth across services means inflationary pressure remains. With the cash rate currently at 4.35%, economists still see another rate rise in August as a possibility.

Source: UBS Evidence Lab
🗓️ UPCOMING BSOC EVENTS
PHIL GOOD DAY

🌿✨ Are you PHILin’ a little overwhelmed this term? ✨🌿
Step into an enchanted woodland escape at BSOC Philanthropy's annual 🦋 Phil' Good Day 🦋
Take a break from lectures and wander through a magical afternoon filled with fun activities, sweet treats and furry friends, all while supporting a great cause.
💚 All proceeds will go directly to Save the Children, helping support vulnerable children and families around the world through education, healthcare and emergency relief programs.
✨ EVENT DETAILS ✨
📅 When: Week 5, Thursday 2nd July
📍 Where: Quad Lawn
👥 Who: Bring your friends and enjoy a relaxing afternoon.
⏰ Time: 12PM - 3PM
MAKE A DEAL WITH CITI

Keen to break into finance but not sure where to start? 🤔📈
UNSW Business Society and Citi proudly present Make a Deal with Citi — an exclusive evening giving you a real glimpse into the world of banking, deals and high-stakes financial decision-making. 🏦💼
Join us at Citi’s Sydney office to hear directly from Citi professionals about their career journeys, day-to-day roles and advice for students looking to enter finance. You’ll also get the chance to network, ask questions and learn more about pathways into the industry. ✨
✨ EVENT DETAILS ✨
📅 Date: 8th July
📍 Location: Citi Office - Level 23, 2 Park Street, Sydney 2000 NSW
⏰ Time: 5PM - 7PM
UNSW BSOC x UNSW ASOC VOLLEYBALL TOURNAMENT

🏐 The court is calling… are you in?👀
Get ready to BUMP, SET, and SPIKE your way to victory at the UNSW Business Society x Actuarial Society Volleyball Tournament!
Whether you're a pro or just love a social game, come SET yourself up for a day of laughter 😂 and epic RALLIES 🔥
✨ EVENT DETAILS ✨
📅 Date: 11th July
📍 Location: Sydney Olympic Park Sports Halls
💵 Price: $200 per team
⏰ Time: 11AM - 5PM
HIGH ACHIEVERS EVENING

The UNSW Business Society is excited to invite you to our annual High Achievers Evening!
Join us at Doltone House, located in the heart of the Sydney CBD, for a spectacular three-course meal and the exclusive opportunity to network with global leaders in technology, professional services, finance, and banking. Enjoy the breathtaking views and take in the ambiance of this incredible venue, while conversing with firm representatives from a diverse range of industries to gain first-hand professional insights.
Don’t miss this chance to connect with other top performers and expand your professional network.
✨ EVENT DETAILS ✨
📅 Date: 16th July
📍 Location: Doltone House, Hyde Park (Manhattan & Avenue)
💵 Price: 1st & 2nd Years: $40 / 3rd Year and Above: $35
🕴 Dress Code: Business Formal
MARIOKART SNOW CIRCUIT SKI TRIP

MAMMA MIAAA!! 🏎️❄️ It’s that time of the year again. Who’s ready to race down the WINTER SLOPES ⛷️🏂 with UNSW Business Society and join us as we venture through the Mushroom Kingdom 🍄🏁 in a MARIO KART inspired ski adventure? 🎮❄️
✨ EVENT DETAILS ✨
📅 Date: 28th August - 31st August
📍 Location: Perisher
💵 Price: Arc: $840 / Non-Arc: $860
🧍 Who: Open to both Arc and Non-Arc students
🗒️ COMING SOON
Job Listings / Resources
Startup Space
and more…
For questions and feedback, contact us at [email protected]
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