What the Flux

Zoom’s profit skyrocketed by over 3000% between April and June.Nestle is paying $3.5b for a peanut allergy company as it pivots to health products.Woolworths’ $300m investment in PFD Food Services means it will become a food distributor as well as a supermarket.---Start your money journey: https://www.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.

COVID has pushed Australia into its first recession in nearly three decades.Dating app Bumble is said to be preparing for an IPO worth around $8 billion.Spotify’s $100 million investment in Joe Rogan’s podcast made its debut this week,---Start your money journey: https://www.flux.finance/Instagram: http://bit.ly/fluxinstaTikTok: https://www.tiktok.com/@flux.financeFacebook group: http://bit.ly/whatthefluxgroup---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.

Facebook has threatened to prevent Aussies from sharing news if proposed government regulations are implemented.PayPal is launching a new buy now, pay later service to compete with Afterpay and Zip.Netflix has launched a new global website, that is free, to attract new customers,---Start your money journey: https://www.flux.finance/Instagram: http://bit.ly/fluxinstaTikTok: https://www.tiktok.com/@flux.financeFacebook group: http://bit.ly/whatthefluxgroup---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 Eats has unveiled its new advertising format with sponsored restaurant listings in-app.NAB’s superannuation and financial advice business, MLC Wealth, is being sold to IOOF for $1.4 billion.Mobile phone retailer Amaysim is selling its energy business, Click Energy, to AGL for $115 million.---Start your money journey: https://www.flux.finance/Instagram: http://bit.ly/fluxinstaTikTok: https://www.tiktok.com/@flux.financeFacebook group: http://bit.ly/whatthefluxgroup---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 owner of Warner Bros Movie World and Wet ‘n’ Wild lost $117 million last financial year.Lockdown has resulted in a major jump in sales for Arnott’s, the owner of Timtams and Shapes.Amazon has officially entered the wearables market with its new Halo wristband.---Start your money journey: https://www.flux.finance/Instagram: http://bit.ly/fluxinstaTikTok: https://www.tiktok.com/@flux.financeFacebook group: http://bit.ly/whatthefluxgroup---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.

Spotify is developing a new feature for virtual music events.Global retail giant Walmart has partnered with Microsoft in an attempt to buy TikTok.US media giant NBCUniversal has make a major investment in Australian online betting company PointsBet.---Instagram: http://bit.ly/fluxinsta---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.

Napster, the formerly notorious music sharing website, has been sold for $70m to a virtual reality concert company.FlexiGroup is rebranding to ‘humm’ and is pivoting from lending to buy now, pay later.The upcoming IPO of China’s Ant Group could be the biggest IPO in history.---Start your money journey: https://www.flux.finance/Instagram: http://bit.ly/fluxinstaTikTok: https://www.tiktok.com/@flux.financeFacebook group: http://bit.ly/whatthefluxgroup---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.

Accounting software giant Xero has acquired Australian lending company Waddle for an upfront amount of $31 million.Facebook will soon launch its new News feature globally, but Australia is unlikely to be included.The Australian government has killed off the $600 million sale of Lion Dairy to a Chinese company as political tensions escalate.---Start your money journey: https://www.flux.finance/Instagram: http://bit.ly/fluxinstaTikTok: https://www.tiktok.com/@flux.financeFacebook group: http://bit.ly/whatthefluxgroup---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.

Queensland is set to snatch Melbourne’s AFL grand final - in a deal that could cost Victoria’s economy over $50 million.Shaver Shop’s online sales have doubled in 2020 as demand for DYI products accelerates.Silicon Valley tech darling Asana will follow Spotify and Slack with a ‘direct listing’ IPO.---Start your money journey: https://www.flux.finance/Instagram: http://bit.ly/fluxinstaTikTok: https://www.tiktok.com/@flux.financeFacebook group: http://bit.ly/whatthefluxgroup---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.

Streaming service Stan is doubling down on original content, launching 30 of its own Australia-made productions.A lack of international students in Australia has contributed to Vodafone’s revenue plunge.Suncorp has announced it will stop investing in oil and gas projects.---Instagram: http://bit.ly/fluxinsta---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 wants government support to break down borders and encourage intra-state travel.Vinomofo is looking to make the most of recent interest in online retailers by going public.US tech stocks are leading the way for the share market bull market - and it's affecting us down under.---Start your money journey: https://www.flux.finance/Instagram: http://bit.ly/fluxinstaFacebook group: http://bit.ly/whatthefluxgroupTikTok: 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.

Apple’s value has doubled in two years, becoming the first US company to be worth $US2 trillion.Afterpay has almost doubled its profit expectations for 2020 after better than expected loan repayments.Germany has become the latest country to trial ‘universal basic income’.---Start your money journey: https://www.flux.finance/Instagram: http://bit.ly/fluxinstaFacebook group: http://bit.ly/whatthefluxgroupTikTok: 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.

Australian cosmetics giant Mecca has expanded into China.Oracle, the world’s second largest software maker, has joined the race to buy TikTok.It has been revealed that Japanese officials tried to push car giants Nissan and Honda to merge.---Start your money journey: https://www.flux.finance/Instagram: http://bit.ly/fluxinstaFacebook group: http://bit.ly/whatthefluxgroupTikTok: 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.

Google has attacked the ACCC’s plans to force it to pay news publishers for content.JB Hi-Fi and Kogan have reported major rises in sales, as shoppers move online to make purchases during COVID.Diageo, the maker of Johnnie Walker and Smirnoff, is buying Ryan Reynolds’ gin company.---Start your money journey: https://www.flux.finance/Instagram: http://bit.ly/fluxinstaFacebook group: http://bit.ly/whatthefluxgroupTikTok: 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.

Smiggle owner Premier Investments has arranged a controversial rent deal in the UK where it has 130 stores.‘Activist investors’ are circling Channel 10 owner ViacomCBS after the company’s owner passed away last week.Woolworths’ new venture capital division has invested in another startup, search engine marketing company Longtail UX.---Start your money journey: https://www.flux.finance/Instagram: http://bit.ly/fluxinstaFacebook group: http://bit.ly/whatthefluxgroupTikTok: 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 will lose $200 million from lost international roaming fees this financial year.In a sign of the future for corporate Australia, Woolworths has appointed a chief medical officer.Apple has suddenly banned the wildly popular video game Fortnite from the App Store.---Start your money journey: https://www.flux.finance/Instagram: http://bit.ly/fluxinstaFacebook group: http://bit.ly/whatthefluxgroupTikTok: 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.

Facebook is creating a major digital payments network across Messenger, Instagram and WhatsApp.Australian toll road giant Transurban believes working from home is merely a phase.Tesla plans to ‘split’ its shares, making it more affordable for everyday people to buy Tesla shares.---Free credit scores: https://www.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.

Coles is getting rid of its printed catalogues as more of its customers move online.Airbnb is reportedly close to filing for an IPO, a surprise considering the company recently cut a quarter of its workforce.Seek is focusing on the long-term and is investing for the future despite a $112m loss in its latest results.---Start your money journey: https://www.flux.finance/Instagram: http://bit.ly/fluxinstaFacebook group: http://bit.ly/whatthefluxgroupTikTok: 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.

Apple is refusing to allow gaming apps from Microsoft, Google, and Facebook onto the App Store.Sydney Airport is raising $2 billion after losing over $50 million between January and June.Some retailers receiving JobKeeper are earning higher profits and paying increased ‘dividends’ to shareholders.---Instagram: http://bit.ly/fluxinsta---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.

Foxtel’s streaming services Binge and Kayo have added 400,000 subscribers collectively during COVID.WeChat, China’s leading social media app, has suddenly been banned in the US over security concerns.Aussie cosmetics brand Napoleon Perdis is using its second life to launch into David Jones exclusively.---Start your money journey: https://www.flux.finance/Instagram: http://bit.ly/fluxinstaFacebook group: http://bit.ly/whatthefluxgroupTikTok: 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.

Realestate.com.au owner REA Group has reported a 6% decline in revenue with lockdowns impacting property listings.Uber has reported a $2.5 billion loss as UberEats outperforms Uber for the first time.Myer has been given a reprieve by its lenders because of the impact of COVID on its operations.---Start your money journey: https://www.flux.finance/Instagram: http://bit.ly/fluxinstaFacebook group: http://bit.ly/whatthefluxgroupTikTok: 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 ACCC has admitted that it has never penalised social media influencers for not disclosing sponsored posts.Ancestry.com is being acquired for $6.5 billion.Discord, one of the world’s fastest growing gaming apps, has raised $139 million to expand further into video communication.---Start your money journey: https://www.flux.finance/Instagram: http://bit.ly/fluxinstaFacebook group: http://bit.ly/whatthefluxgroupTikTok: 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 is cutting the Tigerair brand and 3,000 workers.Disney has taken an almost $7 billion hit in its latest financial results.Tinder added 200,000 users in the last 3 months, taking its subscriber numbers to 6.2 million.---Start your money journey: https://www.flux.finance/Instagram: http://bit.ly/fluxinstaFacebook group: http://bit.ly/whatthefluxgroupTikTok: 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 delivery orders for McDonald’s in Australia have hit record highs with 10% of orders now made online.Australian government MPs have said Microsoft acquiring TikTok would resolve their security concerns about TikTok.The Australian arm of German supermarket giant Kaufland lost over $250m last year before closing down abruptly pre-launch.---Start your money journey: https://www.flux.finance/Instagram: http://bit.ly/fluxinstaFacebook group: http://bit.ly/whatthefluxgroupTikTok: 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 owner of Aussie underwear brand Bonds is rushing 4 million masks to Australia to meet demand.MasterCard, Alibaba and Blockchain Australia have united to authenticate and track food and wine using blockchain.PayPal’s profit has increased 86% as consumers shift from using cash payments in stores to online payments.---Start your money journey: https://www.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.

A historic hearing in US Congress has put Amazon, Apple, Facebook and Google on notice, with their CEOs arguing they are not monopolies.Petrol company BP will stock David Jones’ pre-prepared meals and gourmet groceries as part of a new partnership.Donald Trump has said he will ban TikTok from operating in the United States.---Start your money journey: https://www.flux.finance/Instagram: http://bit.ly/fluxinstaFacebook group: http://bit.ly/whatthefluxgroupTikTok: 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 is preparing for an IPO, rumoured to be worth $600 million.Global e-commerce platform Shopify reported impressive results this week as its strives to dethrone Amazon.TransferWise, the money transfers company, has a new valuation of almost $7b after a ‘secondary share sale’.---Start your money journey: https://www.flux.finance/Instagram: http://bit.ly/fluxinstaFacebook group: http://bit.ly/whatthefluxgroupTikTok: 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 has accused Optus of misleading customers over the quality and reach of its mobile network.Instagram has reportedly offered cash to high-profile TikTok stars to lure them into using its TikTok clone Reels.Following its pivot from photography to drugs, Kodak’s share price jumped 300% after landing a US$765m government loan.---Start your money journey: https://www.flux.finance/Instagram: http://bit.ly/fluxinstaFacebook group: http://bit.ly/whatthefluxgroupTikTok: 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.

Infant formula company Bubs is expanding into kids vitamins and has signed up Jennifer Hawkins as brand ambassador.Hasbro’s movie-toys division had a 35% drop in sales as movies releases continue to be delayed.The price of gold hit its highest point since 2011 as investors try to protect themselves from volatile share markets.---Start your money journey: https://www.flux.finance/Instagram: http://bit.ly/fluxinstaFacebook group: http://bit.ly/whatthefluxgroupTikTok: 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.

Coles is launching another promotion aimed at kids, hoping to replicate the success of its Little Shop collectables campaigns.Afterpay rival Klarna has hit 250,000 Australian users and is using its partnership with Commbank to keep growing.Uber has signed a 4-year partnership with Google Maps so that Uber can run on Google Maps globally.---Start your money journey: https://www.flux.finance/Instagram: http://bit.ly/fluxinstaFacebook group: http://bit.ly/whatthefluxgroupTikTok: 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.

Gambling giant Tabcorp has announced the departures of both its CEO and chairman as competitors gain marketshare.Taylor Swift’s record label Universal has partnered with Spotify to test a new, potentially lucrative revenue stream for Spotify.The releases of several high profile Hollywood movies have been delayed as COVID continues to impact cinemas globally.---Start your money journey: https://www.flux.finance/Instagram: http://bit.ly/fluxinstaFacebook group: http://bit.ly/whatthefluxgroupTikTok: 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’s budget has blown out to its biggest deficit since 1945.TikTok is planning to add 10,000 jobs in the US while the Trump administration considers banning it.Microsoft doing well while LinkedIn is cutting 960 jobs as the pandemic puts the brakes on corporate hiring and advertising.---Start your money journey: https://www.flux.finance/Instagram: http://bit.ly/fluxinstaFacebook group: http://bit.ly/whatthefluxgroupTikTok: 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.

Bauer Media Australia is shutting down 8 magazines including OK!, Men’s Health and Harper’s Bazaar.Snap and meditation app Headspace have launched a new partnership focused on mini meditations.Uber competitor Ola says ride sharing is almost back to pre-COVID levels in WA, QLD & SA (but not in VIC & NSW).---Start your money journey: https://www.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 government is extending JobKeeper for six months and is splitting it into two tiers.Shares in retailer Gap fell 6% after Kanye West threatened to walk away from his Yeezy brand’s collab deal with Gap.Twitter suffered a major hack last week with many celebrities promoting a bitcoin scam.---Start your money journey: https://www.flux.finance/Instagram: http://bit.ly/fluxinstaFacebook group: http://bit.ly/whatthefluxgroupTikTok: 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 banks are concerned the new ‘open banking’ regime will allow global tech giants to access customer bank data easily.The Federal Court has ruled that Kogan misled customers on a promotion by increasing prices just before offering discounts.Zoom is entering the hardware space with its new video chat monitor, Zoom for Home.---Start your money journey: https://www.flux.finance/Instagram: http://bit.ly/fluxinstaFacebook group: http://bit.ly/whatthefluxgroupTikTok: 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.

Lorna Jane is being forced to rebrand a new clothing line because it was being promoted as “anti-virus” activewear.Telstra is attracting negative attention after announcing price increases during COVID.Netflix shares dropped 12% when the company announced earnings were lower than expected during the lockdown months of April to June.---Start your money journey: https://www.flux.finance/Instagram: http://bit.ly/fluxinstaFacebook group: http://bit.ly/whatthefluxgroupTikTok: 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.

Advertising revenue for radio stations in Australia dropped over 45% between April and June this year.The founder of Alibaba, named Jack Ma, is cashing out billions of dollars in Alibaba shares.Australia's foreign debt reached a 21-year low in the March quarter of this year.---Start your money journey: https://www.flux.finance/TikTok: https://www.tiktok.com/@flux.financeInstagram: http://bit.ly/fluxinstaFacebook group: http://bit.ly/whatthefluxgroup---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.

Afterpay has established partnerships with Apple Pay and Google Pay that will allow Afterpay payments to be made through smartphones.Fast growing oat milk brand Oatly has raised a whopping $285 million.The British Government has banned Chinese technology giant Huawei from its 5G network.---Start your money journey: https://www.flux.finance/TikTok: https://www.tiktok.com/@flux.financeInstagram: http://bit.ly/fluxinstaFacebook group: http://bit.ly/whatthefluxgroup---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’s prospective new owner, Bain, injected $125 million into Virgin to make sure it survived.JobKeeper 2.0 has been announced for beyond September but the Treasurer has a warning for businesses.PepsiCo has embraced the recent trend of companies not telling investors how they expect to perform in the future.---Start your money journey: https://www.flux.finance/Instagram: http://bit.ly/fluxinstaTikTok: https://www.tiktok.com/@flux.financeFacebook group: http://bit.ly/whatthefluxgroup---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.

Network Ten, the owner of Channel 10, is launching a new kids channel to generate more advertising revenue.Google’s $3 billion acquisition of Fitbit is set to be approved or rejected by regulators this week.Despite raising $2.5 billion from investors, new streaming company Quibi has reportedly lost 90% of its users after their free trials expired.---TikTok: https://www.tiktok.com/@flux.financeStart your money journey: https://www.flux.finance/Instagram: http://bit.ly/fluxinstaFacebook group: http://bit.ly/whatthefluxgroup---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.

TikTok could soon be making big changes as it faces criticism from politicians over links to the Chinese government.Twitter may be launching a paid, subscription-based version of Twitter.American Express is launching its own version of 'buy now, pay later' to compete with Afterpay in Australia.---Start your money journey: https://www.flux.finance/Instagram: http://bit.ly/fluxinstaFacebook group: http://bit.ly/whatthefluxgroup---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.

Shares in Freedom Foods will remain suspended until the end of October as the company investigates possible accounting issues.Woolworths now has more than double the market share of Coles in the online grocery market.Treasury Wine Estates, the owner of Penfolds and Wolf Blass, is predicting profits to be 20% lower than last year.---Start your money journey: https://www.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.

Australian banks are extending repayment holidays for borrowers by another four months.Uber is acquiring another food delivery giant, Postmates, for around $3.8 billion.More than 2.4 million Australians have been approved to access their super early as part of the government’s early access scheme.---Start your money journey: https://www.flux.finance/Instagram: http://bit.ly/fluxinstaFacebook group: http://bit.ly/whatthefluxgroup---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 Reject Shop could be worth $3 billion over the next decade, as cost-conscious consumers embrace discount retailers, according to Morgan Stanley.Celebrity chef Neil Perry has abruptly retired from the company he founded - Rockpool Dining Group.Allbirds, the New Zealand-American company that designs environmental friendly footwear, is expanding into apparel.---Start your money journey: https://www.flux.finance/Instagram: http://bit.ly/fluxinstaFacebook group: http://bit.ly/whatthefluxgroup---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.

Afterpay and Qantas have partnered on frequent flyer rewards points.Tesla has replaced Toyota as the world’s most valuable car company and is now worth more than Disney and Coca-Cola.Online video gaming platform Twitch has beaten its own record with 5 billion hours watched in the last 3 months.---Start your money journey: https://www.flux.finance/Instagram: http://bit.ly/fluxinstaFacebook group: http://bit.ly/whatthefluxgroup---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 is raising $163 million to pay down loans and potentially buy other companies.Facebook is shutting down its Pinterest clone Hobbi and its TikTok clone Lasso after failing to gain traction with both.Athleisure brand Lululemon has spent over AU$700M to buy Mirror, a home fitness tech company.---Start your money journey: https://www.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.

Woolworths has been fined over $1 million for spamming customers after they had unsubscribed from promotional messages.Temple & Webster, the online homewares retailer, has raised $40 million following a major jump in sales during lockdown.Oil companies are facing their biggest challenges in decades as demand for oil remains low, and the focus on eco-friendly energy accelerates.---Start your money journey: https://www.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’s largest pharmacy chain, Chemist Warehouse, has seen sales drop but profits increase as a result of COVID lockdowns.Shares in the owner of KFC Australia jumped over 18% due to strong performance during lockdown thanks to online orders.The New York Times has ended its partnership with Apple News, opting to build direct relationships with readers instead.---Instagram: http://bit.ly/fluxinsta---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.

Seafolly is seeking a new owner after falling into voluntary administration, becoming COVID’s latest fashion victim.The value of Facebook dropped $90 billion this week, as advertisers continued to boycott the company by pausing ad spending.Australian airline Regional Express (Rex) is planning to raise $30 million and buy new planes to take on Qantas and Virgin.---Check your credit health: https://www.flux.finance/Instagram: http://bit.ly/fluxinstaFacebook group: http://bit.ly/whatthefluxgroup---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.

Upmarket Australian stationary retailer Kikki.K is being sold to a US-based company to keep Kikki.K alive.Amazon has acquired Australian-founded self driving car startup Zoox for $1.7 billion.TikTok has launched its ad platform TikTok For Business for brand marketers and advertisers.---Check your credit health: https://www.flux.finance/Instagram: http://bit.ly/fluxinstaFacebook group: http://bit.ly/whatthefluxgroup---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.