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Cash rate rise: explained! | Atlassian cuts 500 jobs | Aussie funeral giant targeted by TPG

Cash rate rise: explained! | Atlassian cuts 500 jobs | Aussie funeral giant targeted by TPG

What the Flux · Flux

March 7, 20235m 58s

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Show Notes

The Reserve Bank of Australia has become a 10-timer… after raising interest rates for the 10th meeting in a row.

 

Atlassian, the Australian founded tech giant, has announced it will make 5% of its workforce redundant.

 

TPG Capital, the private equity investor, has purchased just under 18% of Australia’s leading funeral services operator InvoCare and now has a plan to acquire the rest.

 

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