What the Flux

NBN Co, the government-owned company behind our NBN internet, will write off at least $31 billion that will allow it to cut wholesale internet prices in the future. Maccas reckons it has the formula for the future of drive thru and it has just gone live with its first real-world experiment. Netflix Is expanding Its ‘Preview Club’ to let more people watch upcoming shows and movies early. --- Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play): http://bit.ly/FluxappGooglePlay Daily newsletter: https://bit.ly/fluxnewsletter Flux on Instagram: http://bit.ly/fluxinsta Flux on TikTok: https://www.tiktok.com/@flux.finance --- The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.

Telstra is putting the launch of its new retail energy business on hold until at least the middle of 2023. Airbnb is partnering with landlords and renters to boost the supply of available Airbnb apartments. CommBank is coming out swinging and is taking on both payment companies and big banks with its brand spankin' new payment product. --- Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play): http://bit.ly/FluxappGooglePlay Daily newsletter: https://bit.ly/fluxnewsletter Flux on Instagram: http://bit.ly/fluxinsta Flux on TikTok: https://www.tiktok.com/@flux.finance --- The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.

Domino’s Pizza Enterprises, the company behind Domino’s Pizza in Aus, is raising up to $165m to take full ownership over its pizza business... in Germany! Doordash has laid off 1,250 staff - including Australian employees - as another big food delivery company feels the burn. Spotify has released its Wrapped campaign for 2022 and it’s got the internet wagging its fingers… posting left, right and centre. --- Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play): http://bit.ly/FluxappGooglePlay Daily newsletter: https://bit.ly/fluxnewsletter Flux on Instagram: http://bit.ly/fluxinsta Flux on TikTok: https://www.tiktok.com/@flux.finance --- The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.

Bunnings is facing major warehousing costs after sales for its outdoor category and gardening have been struggling due to poor weather. Balenciaga, the luxury fashion house, has copped major heat from customers and celebs for its controversial ad campaign that showed children alongside very inappropriate objects. Amazon will draw on its retail expertise to help other retailers boost sales… if they use Amazon Web Services. --- Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play): http://bit.ly/FluxappGooglePlay Daily newsletter: https://bit.ly/fluxnewsletter Flux on Instagram: http://bit.ly/fluxinsta Flux on TikTok: https://www.tiktok.com/@flux.finance --- The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.

Aussie retailer Strandbags is flicking its 95-year-old brand identity, and they’re doing it ‘for the next generation’. Australian companies that are spending on cyber insurance could rise by 70% to more than $800 million in the next two years as companies seeking protection against hackers. Aussie tech start-up FrankieOne has scored $23 million in funding from major crypto investors for their regulatory tech. --- Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play): http://bit.ly/FluxappGooglePlay Daily newsletter: https://bit.ly/fluxnewsletter Flux on Instagram: http://bit.ly/fluxinsta Flux on TikTok: https://www.tiktok.com/@flux.finance --- The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.

Mars Wrigley, the makers of Snickers, Mars, and Maltesers is transitioning to paper-based packaging in 2023. Beauty retailer BWX has delayed releasing their financial accounts and is seeking additional debt funding to keep itself afloat. China’s daily Covid infections reached an all-time high and another economy-sapping lockdown could be on the cards again. --- Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play): http://bit.ly/FluxappGooglePlay Daily newsletter: https://bit.ly/fluxnewsletter Flux on Instagram: http://bit.ly/fluxinsta Flux on TikTok: https://www.tiktok.com/@flux.finance --- The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.

Australia has signed a chunky new trade deal with India - in the hope that Australia can reduce its dependency on China for trade. The Australian Retailers Association reckons consumers have spent around $6.2 billion over the Black Friday / Cyber Monday shopping bonanza! As the World Cup rolls into its second week, host Qatar continues to create more controversy…but sponsors are still sticking fat (for now). --- Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play): http://bit.ly/FluxappGooglePlay Daily newsletter: https://bit.ly/fluxnewsletter Flux on Instagram: http://bit.ly/fluxinsta Flux on TikTok: https://www.tiktok.com/@flux.finance --- The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.

Harvey Norman has revealed its sales have actually jumped nearly 7% in the first four months of this financial year and so, it plans to go big in Malaysia now. Amazon plans to invest $1.5 billion a year into movies that will go directly to cinemas, rather than its own streaming service. Zoom has announced its revenue has slowed to just 5% year over year so now, it’s focused on larger enterprises rather than consumers for its moula. --- Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play): http://bit.ly/FluxappGooglePlay Daily newsletter: https://bit.ly/fluxnewsletter Flux on Instagram: http://bit.ly/fluxinsta Flux on TikTok: https://www.tiktok.com/@flux.finance --- The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.

Qantas has increased its profit forecast as massive demand for flights continues to make Qantas great again. Coles has launched its own one hour click and collect and says DoorDash and Uber will help it succeed in the space. Disney has put the knife to its CEO and is welcoming back its previous CEO… in a back to the future move that saw its shares jump. --- Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play): http://bit.ly/FluxappGooglePlay Daily newsletter: https://bit.ly/fluxnewsletter Flux on Instagram: http://bit.ly/fluxinsta Flux on TikTok: https://www.tiktok.com/@flux.finance --- The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.

Iris Energy, a massive Australian-born bitcoin miner, has defaulted on $163m worth of debts on its crypto mining equipment. Penguin Random House and its rival Simon and Schuster have scrapped their $2.2 billion USD merger after a judge ruled it would reduce competition. Morgan Stanley, the global investment bank, has launched a $1 billion private equity fund for the climate space. --- Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play): http://bit.ly/FluxappGooglePlay Daily newsletter: https://bit.ly/fluxnewsletter Flux on Instagram: http://bit.ly/fluxinsta Flux on TikTok: https://www.tiktok.com/@flux.finance --- The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.

Five major streaming services are upping their spend on Aussie content to attract new subscribers as the government announces a new content quota for the industry. NIB, the health insurer, has seen its profits rise off the back of angry Medibank customers making the big switch. Gap, the giant retailer, has beaten profit estimates and has seen its share price rise by over 8%, but it’s not looking pretty for the next 12 months. --- Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play): http://bit.ly/FluxappGooglePlay Daily newsletter: https://bit.ly/fluxnewsletter Flux on Instagram: http://bit.ly/fluxinsta Flux on TikTok: https://www.tiktok.com/@flux.finance --- The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.

Webjet achieved a $4 million profit for the six months to September, which is quite the 180 from its $60 million loss at the same time last year. Australia’s biggest producer of wagyu beef says it will ‘keep pushing’ its prices up… regardless of where cost of living goes. Aussie mining behemoth BHP has reached deal to buy another giant Aussie company, Oz Minerals, for $9.6B. --- Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play): http://bit.ly/FluxappGooglePlay Daily newsletter: https://bit.ly/fluxnewsletter Flux on Instagram: http://bit.ly/fluxinsta Flux on TikTok: https://www.tiktok.com/@flux.finance --- The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.

David Jones’ South African owners have celebrated a 55% increase in sales this financial year so far. Estee Lauder has acquired the Tom Ford brand for a whopping $2.8 billion after taking a particular interest in the company. Airbnb is turning its attention to improving the experience for hosts as it looks to build up the supply of accommodation on the platform. --- Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play): http://bit.ly/FluxappGooglePlay Daily newsletter: https://bit.ly/fluxnewsletter Flux on Instagram: http://bit.ly/fluxinsta Flux on TikTok: https://www.tiktok.com/@flux.finance --- The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.

Deliveroo Australia has been placed in administration and the food delivery platform in the country will be turned off. Oatly, the oat-milk maker, has warned that its revenue isn’t looking so tasty pretty because consumers are reigning in their spending. Warren Buffett’s Berkshire Hathaway has announced a $4.1 billion USD investment in a Taiwanese chipmaker and its shared jumped 8% on the news. --- Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play): http://bit.ly/FluxappGooglePlay Daily newsletter: https://bit.ly/fluxnewsletter Flux on Instagram: http://bit.ly/fluxinsta Flux on TikTok: https://www.tiktok.com/@flux.finance --- The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.

CBA has reported very solid financial results for the September quarter as bad debts drop (even as interest rates have gone up)! Following FTX’s downfall, investors have started pulling funds from fellow crypto exchanges like Crypto.com. Unilever, the global manufacturing giant, has raised the prices of their products much faster than rivals P&G and Nestle over the past year and there is one big fat key reason why. --- Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play): http://bit.ly/FluxappGooglePlay Daily newsletter: https://bit.ly/fluxnewsletter Flux on Instagram: http://bit.ly/fluxinsta Flux on TikTok: https://www.tiktok.com/@flux.finance --- The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.

Adore Beauty has seen a 29% slide in its first quarter revenue as shoppers transitioned back from online shopping to the stores-of-old. Amazon is looking to cut costs after it lost $3 billion USD this year... and the first team on the chopping block is Team Alexa. Bumble has seen its growth slow down because zillennials have cut back on paid app-features and are getting thrifty with dates. --- Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play): http://bit.ly/FluxappGooglePlay Daily newsletter: https://bit.ly/fluxnewsletter Flux on Instagram: http://bit.ly/fluxinsta Flux on TikTok: https://www.tiktok.com/@flux.finance --- The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.

Westfield shopping centres are finally flying again after two long and painful years. Nintendo is expanding its product universe, and even its industry universe, in a highly creative new way. Vanguard, the global investment giant, has launched its own superannuation product in Australia, rolling out a new fund that it claims is one of the market’s cheapest. --- Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play): http://bit.ly/FluxappGooglePlay Daily newsletter: https://bit.ly/fluxnewsletter Flux on Instagram: http://bit.ly/fluxinsta Flux on TikTok: https://www.tiktok.com/@flux.finance --- The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.

Origin Energy, one of Australia’s largest power and gas suppliers, has received an $18 billion takeover offer. RM Williams has seen its sales jump by 17% for the 12 months to June, and it plans to become a ‘greener’ company in the future. Meta, the company formerly known as Facebook, is laying off 13% of its staff (or around 11,000 people) to withstand a downturn in the economy. --- Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play): http://bit.ly/FluxappGooglePlay Daily newsletter: https://bit.ly/fluxnewsletter Flux on Instagram: http://bit.ly/fluxinsta Flux on TikTok: https://www.tiktok.com/@flux.finance --- The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.

News Corp, the media behemoth, has seen its income fall 75% in the last quarter after a major drop in its pay TV and publishing divisions. Disney celebrated growth in its streaming subscribers in the last quarter… but lost over $1.5 billion USD to get there. Binance, the largest crypto exchange in the world, has just announced a plan to take over FTX, the third largest crypto exchange, in one of the biggest pieces of crypto news…EVER! --- Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play): http://bit.ly/FluxappGooglePlay Daily newsletter: https://bit.ly/fluxnewsletter Flux on Instagram: http://bit.ly/fluxinsta Flux on TikTok: https://www.tiktok.com/@flux.finance --- The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.

Westpac has announced a slight fall in its full-year cash profit but still managed to rake in $5.3 billion for the year. Estee Lauder’s most recent quarterly sales figures have dropped by 11% after a cut back in cosmetic spending. Travel app Hopper has raised $96 million to double down on social commerce after a big few months in the travel industry. --- Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play): http://bit.ly/FluxappGooglePlay Daily newsletter: https://bit.ly/fluxnewsletter Flux on Instagram: http://bit.ly/fluxinsta Flux on TikTok: https://www.tiktok.com/@flux.finance --- The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.

Coca-Cola Amatil is in a battle for coal royalties worth $80 million with mining mammoth Glencore. Atlassian’s share price has plummeted over the past few days after some disappointing earnings and this was its largest one day share price fall ever. Coopers Brewery, the largest Australian-owned brewery, reckons new products and geographic expansion is the key to get it back on track after its sales took a hit last financial year. --- Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play): http://bit.ly/FluxappGooglePlay Daily newsletter: https://bit.ly/fluxnewsletter Flux on Instagram: http://bit.ly/fluxinsta Flux on TikTok: https://www.tiktok.com/@flux.finance --- The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.

Ralph Lauren is launching a fashion collaboration with gaming platform Fortnite as retailers invest in digital partnerships to attract young shoppers. AustralianSuper believes the government needs come up a ‘radically different’ model for super retirees. Global shipping giant Maersk has reported blockbuster quarterly results, but if you look over the horizon, revenue could start to sink soon. --- Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play): http://bit.ly/FluxappGooglePlay Daily newsletter: https://bit.ly/fluxnewsletter Flux on Instagram: http://bit.ly/fluxinsta Flux on TikTok: https://www.tiktok.com/@flux.finance --- The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.

Two of Australia’s biggest betting agencies, Sportsbet and Bet365, may face multimillion-dollar fines following after an audit authorised by Australia’s financial crime watchdog. Airbnb has broken one of its own financial records after a huge northern hemisphere summer… but now, investors are little more concerned about its prospects. Johnson & Johnson is buying a heart device maker named Abiomed for around $17B USD in its biggest deal in almost six years. --- Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play): http://bit.ly/FluxappGooglePlay Daily newsletter: https://bit.ly/fluxnewsletter Flux on Instagram: http://bit.ly/fluxinsta Flux on TikTok: https://www.tiktok.com/@flux.finance --- The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.

Amazon Prime’s millions of members are getting access to a full music and podcast library. The Australian Treasury department is looking at buy now pay later again with an eye to require credit checks for ALL customers. Elon Musk has officially been Twitter’s owner for just under a week and he’s already making waves with sackings, hirings and reboots. --- Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play): http://bit.ly/FluxappGooglePlay Daily newsletter: https://bit.ly/fluxnewsletter Flux on Instagram: http://bit.ly/fluxinsta Flux on TikTok: https://www.tiktok.com/@flux.finance --- The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.

The Big 4 banks are considering a collab with the federal government to launch a 400m social impact investment bank in Australia. MrBeast, the hugely popular content creator, is trying to raise $150 million for his business, which would value the company at $1.5 billion USD. Andreesen Horowitz, the famous Silicon Valley venture capital fund, has seen a 40% drop in its crypto fund… but it’s telling the market to be patient. --- Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play): http://bit.ly/FluxappGooglePlay Daily newsletter: https://bit.ly/fluxnewsletter Flux on Instagram: http://bit.ly/fluxinsta Flux on TikTok: https://www.tiktok.com/@flux.finance --- The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.

Westpac has committed to spending millions and millions on rugby league in order to attract banking customers and sell more loans. Self-driving car tech company Mobileye had it long-awaited IPO last week, and day 1 saw its shares soar 38% in the year’s strongest US IPO. Apple has hiked the prices of its music and TV+ services for the first time since they launched - and it comes at a very peculiar time. --- Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play): http://bit.ly/FluxappGooglePlay Daily newsletter: https://bit.ly/fluxnewsletter Flux on Instagram: http://bit.ly/fluxinsta Flux on TikTok: https://www.tiktok.com/@flux.finance --- The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.

Seven West Media has found a new partner in content-crime with a new partnership with US giant NBCUniversal - so welcome 7Bravo. Meta, formerly known as Facebook, has announced some pretty crazy results with its revenue looking good.. and billions being poured into the metaverse... but no returns yet. ANZ has announced a full year cash profit up 5% to over $6.5 billion thanks to the Reserve Bank and its rapid cash rate rises. --- Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play): http://bit.ly/FluxappGooglePlay Daily newsletter: https://bit.ly/fluxnewsletter Flux on Instagram: http://bit.ly/fluxinsta Flux on TikTok: https://www.tiktok.com/@flux.finance --- The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.

Medibank has revealed that all 3.9m of its customers were hit by its recent cyber attack. Kanye West, now known as Ye, has been broken up with by Adidas after a number of racist and controversial comments over the past few weeks. Coles has reported accelerating inflation again at its supermarkets and now the prices for fresh food are rising to new heights. --- Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play): http://bit.ly/FluxappGooglePlay Daily newsletter: https://bit.ly/fluxnewsletter Flux on Instagram: http://bit.ly/fluxinsta Flux on TikTok: https://www.tiktok.com/@flux.finance --- The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.

The federal budget has shown off a $42 billion improvement to the government’s bottom line over four years, but there won’t be any direct assistance around cost of living pressures. *Correction: The deficit is expected to reduce to just $36.9 billion.* The government is looking at imposing tough new rules on the vaping industry, as a new analysis shows that regulating vapes could deliver an $800m budget boost. Brazil’s Minerva Foods is buying Australia’s very own Australian Lamb Co for a whopping $400m. --- Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play): http://bit.ly/FluxappGooglePlay Daily newsletter: https://bit.ly/fluxnewsletter Flux on Instagram: http://bit.ly/fluxinsta Flux on TikTok: https://www.tiktok.com/@flux.finance --- The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.

Netball Australia is facing a sudden and major $25m sponsorship loss as Hancock Prospecting pulls out of a much needed sponsorship deal. The owner of Aussie streaming service Stan has said Stan is not for sale... but we are very open to strategic partnerships. 7-Eleven is re-committing to the long term viability of petrol via a brand new deal with oil giant ExxonMobil. --- Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play): http://bit.ly/FluxappGooglePlay Daily newsletter: https://bit.ly/fluxnewsletter Flux on Instagram: http://bit.ly/fluxinsta Flux on TikTok: https://www.tiktok.com/@flux.finance --- The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.

Virgin Australia has some bold plans to expand its international travel offering, as the rise in demand for travel gives Virgin some much needed confidence. Hermes, the luxury brand behemoth, is popping bottles with a 24% rise in total revenue, as high-end brands continue to win win win in this economy. Klarna, the buy now pay later platform, is launching shoppable video as e-commerce (slaaash lending) companies try to become social companies too. --- Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play): http://bit.ly/FluxappGooglePlay Daily newsletter: https://bit.ly/fluxnewsletter Flux on Instagram: http://bit.ly/fluxinsta Flux on TikTok: https://www.tiktok.com/@flux.finance --- The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.

Chemist Warehouse has had a monstrous year, with a record net profit of $385 million. Uber has announced the launch of a new advertising division that will sell ad space through its app, rides and more. TikTok is making updates to its livestreaming platform by restricting viewership of livestreams to 18 and older.. While also adding an adult-only broadcast. --- Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play): http://bit.ly/FluxappGooglePlay Daily newsletter: https://bit.ly/fluxnewsletter Flux on Instagram: http://bit.ly/fluxinsta Flux on TikTok: https://www.tiktok.com/@flux.finance --- The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.

Guzman y Gomez, the Aussie-born Mexican chain, is now worth $1.5 billion after a secondary share sale. Hasbro, the monster-size toymaker and entertainment company, has seen its earnings plummet for the last 3 months. Netflix’s shares have skyrocketed after it announced delightful results - and finally an increase in net global subscribers. --- Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play): http://bit.ly/FluxappGooglePlay Daily newsletter: https://bit.ly/fluxnewsletter Flux on Instagram: http://bit.ly/fluxinsta Flux on TikTok: https://www.tiktok.com/@flux.finance --- The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.

Tyro, the Aussie payments business, has suddenly become the most popular kid at the playground - with both Westpac and a private equity investor looking to snap it up. Kanye West - aka Ye - has announced he’s going to buy conservative social media site Parler because he’s been banned from Twitter and Instagram. Amazon is introducing new weekly live-streamed concerts as part of Amazon Prime Video to ramp up the streaming wars. --- Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play): http://bit.ly/FluxappGooglePlay Daily newsletter: https://bit.ly/fluxnewsletter Flux on Instagram: http://bit.ly/fluxinsta Flux on TikTok: https://www.tiktok.com/@flux.finance --- The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.

Online retailer MyDeal is Australia's latest hacking victim, and 2.2 million of their customers may have had their data exposed. Star Entertainment Group has had its Sydney casino licence suspended and could face up to $100m worth of fines. The two major companies in the Murdoch media empire, News Corp and Fox, are planning to reunite after splitting up in 2013. --- Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play): http://bit.ly/FluxappGooglePlay Daily newsletter: https://bit.ly/fluxnewsletter Flux on Instagram: http://bit.ly/fluxinsta Flux on TikTok: https://www.tiktok.com/@flux.finance --- The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.

Netflix’s new ad-based plan is going to launch in Australia next month. NAB is claiming to be the first major bank in the universe to allow small business owners to accept payments directly from their mobile phones. Skydance Media, the Hollywood studio behind "Top Gun: Maverick," has raised $400 million USD in new funding at a valuation north of $4 billion USD. --- Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play): http://bit.ly/FluxappGooglePlay Daily newsletter: https://bit.ly/fluxnewsletter Flux on Instagram: http://bit.ly/fluxinsta Flux on TikTok: https://www.tiktok.com/@flux.finance --- The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.

Telstra’s shareholders have voted to divide the monstrous business into three fully discrete subsidiaries... with one parent! And it could lead to a big payday for its shareholders. Qantas has a real spring in its step after releasing a quarterly update to investors that shows it’s gonna be back in black sooner than expected. General Motors is launching an energy storage business that takes its rivalry with Tesla to the next level. --- Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play): http://bit.ly/FluxappGooglePlay Daily newsletter: https://bit.ly/fluxnewsletter Flux on Instagram: http://bit.ly/fluxinsta Flux on TikTok: https://www.tiktok.com/@flux.finance --- The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.

Uber Australia has announced a new partnership that will allow Uber drivers to buy an electric vehicle and they’re slinging some rewards to drivers as an incentive. BMW is partnering with a gaming platform to bring single and multiplayer games to new vehicles from next year. TikTok is looking to create a whole new logistics and warehousing network to help grow it’s e-commerce biz… so it ain’t just a silly social media app no more. --- Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play): http://bit.ly/FluxappGooglePlay Daily newsletter: https://bit.ly/fluxnewsletter Flux on Instagram: http://bit.ly/fluxinsta Flux on TikTok: https://www.tiktok.com/@flux.finance --- The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.

Aussie fintech Airwallex has raised $100m US for acquisitions because it reckons now is a good time to snap up cheap software companies. YouTube users will finally have a new way of identifying themselves after YouTube announced that custom name handles will be rolled out. Baby Bunting’s investors are not going ga-ga for its latest results after a major drop in its profit margin. --- Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play): http://bit.ly/FluxappGooglePlay Daily newsletter: https://bit.ly/fluxnewsletter Flux on Instagram: http://bit.ly/fluxinsta Flux on TikTok: https://www.tiktok.com/@flux.finance --- The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.

Cotton On has proven that good retail businesses can still grow in a very big way after its profits doubled for the last 12 months. Tabcorp has taken a $33m punt by acquiring a 20% stake in a social media betting app called Dabble. Dubber Corp, an Aussie voice technology company, has ‘restated’ its revenue figure from its preliminary results... and investors have sold their shares in a panic. --- Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play): http://bit.ly/FluxappGooglePlay Daily newsletter: https://bit.ly/fluxnewsletter Flux on Instagram: http://bit.ly/fluxinsta Flux on TikTok: https://www.tiktok.com/@flux.finance --- The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.

Peloton, the at-home exercise bike, has about six months to save itself from destruction, according to its CEO. Spotify has acquired a machine learning company called Kinzen to try and find misinformation in podcasts and stamp it out. Coles is still expecting a big splurge come Christmas time and isn’t expecting a major pull back on spending until 2023. --- Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork --- The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.

An online social gaming company named Virtual Gaming World is now the sixth largest private company in Australia after releasing its annual revenue. Nestle has announced a $1 billion USD commitment to protect coffee from the climate crisis, and help its coffee suppliers adopt sustainable farming. Apple will have to change its iPhone charger in the European Union after a new reform was passed that requires a single charging port for most electronic devices. --- Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play): http://bit.ly/FluxappGooglePlay Daily newsletter: https://bit.ly/fluxnewsletter Flux on Instagram: http://bit.ly/fluxinsta Flux on TikTok: https://www.tiktok.com/@flux.finance --- The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.

Asahi, the beer and soft drinks behemoth, has acquired StrangeLove, the Australian, premium, low-calorie, soft drink company. YouTube is in discussions with streaming broadcasters about a new product that it wants to launch in Australia, which could be interpreted as a cheeky attempt to control our home TVs. Big Tobacco is re-entering the vaping industry as the maker of Marlboro cigarettes, Altria, ends its non-compete with Juul. --- Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play): http://bit.ly/FluxappGooglePlay Daily newsletter: https://bit.ly/fluxnewsletter Flux on Instagram: http://bit.ly/fluxinsta Flux on TikTok: https://www.tiktok.com/@flux.finance --- The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.

The Reserve Bank of Australia has gone six-in-a-row, raising the cash rate by 0.25% to 2.60% and it’s getting a little too close to comfort for many home owners. A 3 year-old company that sells water has just raised $70m USD and is now valued at over $700 million USD… for plain, old water. Mobileye, which is Intel’s tech company in the self-driving car space, has filed for an IPO - and this IPO is is expected to be this year’s largest IPO so far. --- Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play): http://bit.ly/FluxappGooglePlay Daily newsletter: https://bit.ly/fluxnewsletter Flux on Instagram: http://bit.ly/fluxinsta Flux on TikTok: https://www.tiktok.com/@flux.finance --- The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.

Ikea is shrinking stores in Australia and around the world in an attempt to keep up with the economic times - and keep their customers too. Porsche made its much anticipated debut on stock market last week - and what a pleasant surprise that was for its big name owner (hint: it's VW). H&M, the global fashion retailer, is sounding the alarm on its falling profits, and it all follows their big decision to abandon the Russian market. --- Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play): http://bit.ly/FluxappGooglePlay Daily newsletter: https://bit.ly/fluxnewsletter Flux on Instagram: http://bit.ly/fluxinsta Flux on TikTok: https://www.tiktok.com/@flux.finance --- The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.

Treasury Wine Estates has announced the launch of a new Chinese-made Penfolds wine to replace its Chinese exporting business. Biogen, a US based biotech company, has announced a successful Alzheimer’s trial and as a result its share price boomed 40% on the news. Lego has continued to see its blocks shine bright like a diamond after a 17% uplift in revenue for the first six month of 2022. --- Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play): http://bit.ly/FluxappGooglePlay Daily newsletter: https://bit.ly/fluxnewsletter Flux on Instagram: http://bit.ly/fluxinsta Flux on TikTok: https://www.tiktok.com/@flux.finance --- The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.

AGL Energy will close its biggest carbon emitting power plant a decade earlier than originally planned following a big push from its largest shareholders. Premier Investments, the company behind Smiggle and several other big name retailers, has announced record sales for the past 12 months, and now has issued a special dividend. Hertz, the car rental company, has partnered with oil giant BP to build a network of charging stations for the growing number of electric vehicles here on earth. --- Quick Sticks is back baby. Play today (and every Friyay) for a chance to win $$$: Download the app (App Store): http://bit.ly/FluxAppStore Download the app (Google Play): http://bit.ly/FluxappGooglePlay --- The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.

Thrills, the Byron Bay based clothing brand, has been sold to retailer Universal Store for quite a whopping sum. Christie’s, the old school auction house, is launching two new divisions - Department X and Christie’s 3.0 - to capitalise on the new age of collectibles. Walmart is getting a slice of the metaverse pie with two new digital lands - targeted at kids and teens. --- Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play): http://bit.ly/FluxappGooglePlay Daily newsletter: https://bit.ly/fluxnewsletter Flux on Instagram: http://bit.ly/fluxinsta Flux on TikTok: https://www.tiktok.com/@flux.finance --- The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.

Sigma Healthcare, Australia’s biggest pharmaceutical wholesaler, is saying goodbye to Guardian Pharmacies after a pretty disappointing year. Netflix is tweaking its payment terms for some of its TV specials - as part of its plan to trim costs and reduce its upfront risk. The British pound has fallen off a cliff and is facing its biggest currency crisis in over 40 years. --- Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play): http://bit.ly/FluxappGooglePlay Daily newsletter: https://bit.ly/fluxnewsletter Flux on Instagram: http://bit.ly/fluxinsta Flux on TikTok: https://www.tiktok.com/@flux.finance --- The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.

Costa Group, Australia’s largest fresh produce grower, has seen its CEO step down after just 18 months - and investors did not like the sound of this. SPAC season is officially over after one of the leaders in the space announced he was closing two massive SPACs after struggling to find any good deals. Nio, one of the largest electric vehicle companies in the world, has just invested a significant chunk in a small Brisbane-based lithium miner. --- Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play): http://bit.ly/FluxappGooglePlay Daily newsletter: https://bit.ly/fluxnewsletter Flux on Instagram: http://bit.ly/fluxinsta Flux on TikTok: https://www.tiktok.com/@flux.finance --- The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.