What the Flux

The Commonwealth Bank expects house prices to drop by 10% over the next 6 months because of the coronavirus, with Melbourne and Sydney to experience the biggest drops.As major sporting competitions are paused due to the coronavirus, Esports is soaring in popularity, with Esports investors seeing returns of over 12% in the last year.Despite the significant drop in retail sales across Australia, activewear brands are maintaining strong levels of sales compared to other retailers.---Facebook group: http://bit.ly/whatthefluxgroupFacebook page: http://bit.ly/FluxfacebookInstagram: http://bit.ly/fluxinstaWeb: 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.

Virgin Australia's biggest shareholders, including Etihad and Singapore Airlines, have rejected a request to invest more money into the struggling airline.Health insurance company NIB is preparing to offer members cash handouts to compensate for lost benefits following the coronavirus shutdown.A young Australian payments company named Airwallex has managed to raise $250 million despite the pandemic bringing the economy to a halt.---Facebook group: http://bit.ly/whatthefluxgroupFacebook page: http://bit.ly/FluxfacebookInstagram: http://bit.ly/fluxinstaWeb: 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.

Afterpay shares jumped 29% as the company announced it now has over 8 million customers despite the global shutdown.Disney is becoming one of Hollywood's biggest coronavirus victims after being forced to let go 43,000 employees temporarily.Bubs, the Australian baby formula, has reported its highest revenue for a 3 month period, due to a boom in demand for infant formula in China.---Facebook group: http://bit.ly/whatthefluxgroupFacebook page: http://bit.ly/FluxfacebookInstagram: http://bit.ly/fluxinstaWeb: 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.

Westpac will incur $1.4bn in one-off costs after it breached bank industry rules like anti-money laundering and counter terrorism financing last year.Traditional Big Tech rivals Apple and Google have joined forces to launch a COVID-19 tracking tool.Because pubs and restaurants are closed, online sales for alcohol have jumped around 20%, as people embrace new ways to purchase and consume alcohol.---Facebook group: http://bit.ly/whatthefluxgroupFacebook page: http://bit.ly/FluxfacebookInstagram: http://bit.ly/fluxinstaWeb: 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 world's top economists are debating which alphabetical letter will a post-coronavirus economic recovery look like - with 'V', 'U' and 'W' leading the way.Shares in Mesoblast, an Australian bio-tech company, jumped 80% last week after the company secured stem cell treatment trials in the US for COVID-19.With energy bills expected to rise as Australians spend more time at home, consumer groups are lobbying the government and energy companies for financial relief.---Facebook group: http://bit.ly/whatthefluxgroupFacebook page: http://bit.ly/FluxfacebookInstagram: http://bit.ly/fluxinstaWeb: 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.

Downloads for at-home fitness apps are soaring, and Chris Hemsworth's Centr is leading the way, as many Australians are forced to exercise from home.H&M, the Swedish department store, has closed its 49 stores in Australia, with 1300 job loses amid the coronavirus pandemicAustralia has a new 'unicorn' (private tech company with a valuation of a $1bn), HR company Safety Culture - after raising $60m this week.---Facebook group: http://bit.ly/whatthefluxgroupFacebook page: http://bit.ly/FluxfacebookInstagram: http://bit.ly/fluxinstaWeb: 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.

Airbnb has raised $1 billion from investors to give itself financial comfort as the coronavirus outbreak pauses the entire travel industry.Quibi, a new streaming service built for mobile phones only, launched this week and was downloaded over 300,000 times on launch day, sending it to No. 3 on the App Store.Hostplus, the giant superannuation fund, has changed its terms and conditions to delay members from accessing money on short notice.---Facebook group: http://bit.ly/whatthefluxgroupFacebook page: http://bit.ly/FluxfacebookInstagram: http://bit.ly/fluxinstaWeb: 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 sole proprietors and startups are leaving co-working providers in droves as the coronavirus effectively freezes the co-working industry.To combat the economic impact of the coronavirus, Spain is introducing an economic policy named Universal Basic Income to help its people survive this period.Google has released COVID-19 ‘Community Mobility Reports’ to provide insights from Google Maps into how human behaviours have changed since society went into lockdown.---Facebook group: http://bit.ly/whatthefluxgroupFacebook page: http://bit.ly/FluxfacebookInstagram: http://bit.ly/fluxinstaWeb: 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 company that owns 13cabs has launched a new delivery service named 13things as the coronavirus hurts the taxi industry.Flight Centre is closing a further 800 stores around the world and is raising $700 million from investors so it can survive post pandemic.SEEK is experiencing a significant fall in job ads as the coronavirus impacts the entire economy.---Facebook group: http://bit.ly/whatthefluxgroupFacebook: http://bit.ly/FluxfacebookInstagram: http://bit.ly/fluxinstaWeb: 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.

Even as demand for makeup drops because people are working from home, Adore Beauty is enjoying a 60% jump in sales for personal care products such as handwash, moisturisers and soap.Judo Bank, a new Australian bank focused on businesses, has been given $500 million by the government so it can lend to more Aussie businesses.Honda and General Motors, the owner of the Holden brand in Australia, are teaming up to create a new electric vehicle to rival Tesla.---Facebook group: http://bit.ly/whatthefluxgroupFacebook: http://bit.ly/FluxfacebookInstagram: http://bit.ly/fluxinstaWeb: 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.

Asahi is buying Australia’s CUB, owner of Carlton Draught and Strongbow, for $16bn. But there is one important condition.Virgin Australia has asked the government for $1.4bn as it struggles to survive following the coronavirus pandemic.Professional services firms like KPMG and MinterEllison are asking employees to take pay cuts in response to the coronavirus.---Facebook group: http://bit.ly/whatthefluxgroupFacebook: http://bit.ly/FluxfacebookInstagram: http://bit.ly/fluxinstaWeb: 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.

Bolt, one of Uber’s main rivals, is pulling out of Australia as demand for ridesharing drops from the coronavirus.Following the coronavirus, China's economy is rebounding, with 95% of factories reopening in March.Transurban, the company that owns toll roads and freeways around Australia, has reported a major drop in revenue because there are so few cars on the road due to the coronavirus.---Facebook group: http://bit.ly/whatthefluxgroupFacebook: http://bit.ly/FluxfacebookInstagram: http://bit.ly/fluxinstaWeb: 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.

Wesfarmers, the company that owns Bunnings, Kmart and Officeworks, is selling part of its ownership in Coles to save money ahead of further economic uncertainty.Shares in Hasbro jumped 12% last week, due to an increase in demand for toys and games, following coronavirus lockdowns.ASX Limited, the company that owns the Australian Securities Exchange (ASX), is one of only a few companies that hasn't been hurt by the coronavirus pandemic, with trading volumes increasing in recent weeks.---Facebook group: http://bit.ly/whatthefluxgroupFacebook: http://bit.ly/FluxfacebookInstagram: http://bit.ly/fluxinstaWeb: 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.

To save jobs and keep businesses alive, the government has announced a $130 billion economic stimulus package - the biggest in Australia's history.Despite Twitter’s user numbers increasing since the outbreak of the coronavirus, its advertising sales have dropped as companies reduce marketing.The share price of Ansell jumped 16% yesterday as demand for gloves and protective suits rises due to the coronavirus.---Facebook group: http://bit.ly/whatthefluxgroupFacebook: http://bit.ly/FluxfacebookInstagram: http://bit.ly/fluxinstaWeb: 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.

Myer, Australia’s biggest department store, has closed its stores for four weeks and has stood down 10,000.Woolworths is hiring 20,000 staff to support workers from the retail and airline industries who have lost their jobs during the coronavirus outbreak.Banks are pausing home loan repayments for Aussies impacted by the coronavirus - but it could impact your credit score.---Web: https://www.flux.finance/Facebook group: http://bit.ly/whatthefluxgroupFacebook: http://bit.ly/FluxfacebookInstagram: 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.

Over 1,500 new restaurants have signed up with Deliveroo in the last month, as the coronavirus restricts Australians from eating at restaurants.Superannuation members have lost up to 15% of their super balances since the coronavirus pandemic, as the share market has tumbled.Two of Australia’s biggest sport organisations, the AFL and NRL, are fighting hard to stay alive financially after calling off their seasons.---- Facebook group: http://bit.ly/whatthefluxgroup- Facebook: http://bit.ly/Fluxfacebook- Instagram: http://bit.ly/fluxinsta- Web: https://www.flux.finance/See omnystudio.com/listener for privacy information.

Virgin Australia is cutting domestic flights by 90% and is standing down 8,000 employees because of the coronavirus.Swisse Vitamins has increased production of Vitamin C as Aussies get more cautious about their overall health following the spread of the coronavirus.SoftBank, the company with big investments in companies like Uber and TikTok, is threatening to pull the plug on saving WeWork from financial collapse.---- Facebook group: http://bit.ly/whatthefluxgroup- Facebook: http://bit.ly/Fluxfacebook- Instagram: http://bit.ly/fluxinsta- Web: 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 Australian government has asked Netflix and Stan to reduce data to avoid a broadband overload, as Australians work from home.The farming and pharmacy industries are thriving while many other industries suffer due to the coronavirus and its economic impact.A video-chat app named Houseparty has achieved over 10 million downloads on Android and even more on iPhone, and has become the hit app of the coronavirus lockdown.---- Facebook group: http://bit.ly/whatthefluxgroup- Facebook: http://bit.ly/Fluxfacebook- 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.

The Australian dollar dropped to its lowest point since 2003, which is below its value during the global financial crisis.Two of Australia's biggest alcohol companies have said Australia could go dry for three months unless they are included as an essential service under the government's lockdown rules.LVMH, the owner of Louis Vuitton, is ordering 40 million health masks from China to help France cope with the coronavirus outbreak.---- Facebook group: http://bit.ly/whatthefluxgroup- Facebook: http://bit.ly/Fluxfacebook- 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.

The Australian government is investing $66bn into the Australian economy to save jobs during the coronavirus crisis.Air New Zealand has been 'bailed out' by New Zealand's government because it was running out of money due to the coronavirus pandemic.Meditation apps are offering free mindfulness as social distancing starts to impact mental health.---- Facebook group: http://bit.ly/whatthefluxgroup- Facebook: http://bit.ly/Fluxfacebook- 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.

Afterpay shares dropped 33% on Wednesday because investors are concerned the company will struggle in a recession.WhatsApp is introducing a coronavirus information hub in partnership with the World Health Organisation to prevent misinformation and fake news.The NBN is providing more bandwidth to telcos like Telstra and Optus - for free - to help them cope with increased demand as employees work from home.---- Facebook group: http://bit.ly/whatthefluxgroup- Facebook: http://bit.ly/Fluxfacebook- 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.

Bite-sized business news. 5 minute breakdown of the top 3 Australian or global business news stories of the day. Tailor made for busy humans.See omnystudio.com/listener for privacy information.

Virgin is suspending all international flights and half of its domestic flights for more than 2 months because of the coronavirus.Social distancing is starting to directly impact some of the biggest companies in the world, with McDonalds, Uber and Starbucks all making big changes.Google-owned Verily has launched a website that screens people for COVID-19 by asking about symptoms and then points the user in the right direction.---- Facebook group: http://bit.ly/whatthefluxgroup- Facebook: http://bit.ly/Fluxfacebook- 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.

Airbnb is letting its customers cancel their reservations, and get a full refund, as the coronavirus continues to ruin travel plans globally.Coca-Cola Amatil, the owner of the Coke brand in Australia, has warned that the coronavirus is dramatically impacting sales in convenience stores and on-the-go outlets.Coles and Amazon are looking to bring on new workers to keep up with coronavirus demand.---- Facebook group: http://bit.ly/whatthefluxgroup- Facebook: http://bit.ly/Fluxfacebook- 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.

For the first time, the Reserve Bank of Australia is preparing to introduce 'quantitative easing' (printing money to boost the economy) as a result of the coronavirus.The owner of Channel 7, Seven West Media, will be repaid in full if the olympics doesn’t go ahead because of the coronavirus.Crown Resorts, the owner of casinos around the country, is enforcing "social distancing" because of the growing threat of the coronavirus.---Facebook group: http://bit.ly/whatthefluxgroupFacebook: http://bit.ly/FluxfacebookInstagram: 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.

The federal government has announced a $17.6 billion coronavirus stimulus package to help boost Australia’s economy.Telstra has told all of its Australian staff to work from home as of today as a precaution against the coronavirus.Teleconference companies, like Zoom and Slack, have surged in demand because of the coronavirus outbreak.---Facebook group: https://www.facebook.com/groups/whatthefluxaus/Facebook page: http://bit.ly/FluxfacebookInstagram: 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.

Webjet, the online travel agency, has reported a major rise in near-term cancellations because of the coronavirus.Ramsay Health Care has formed a partnership with Australian Unity insurance that is focused on home health care, such as support for chronic diseases and mental health.The price of oil (and petrol) dropped significantly this week and an oil price war has broken out between Saudi Arabia and Russia.---Instagram: http://bit.ly/fluxinstaFacebook: http://bit.ly/Fluxfacebook---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.

Kikki.K, the upmarket stationery company, has collapsed.This week has been the most volatile week in global share markets since the global financial crisis in 2008. We explain why.Amazon has announced a new business line - it will sell its world-first Just Walk Out checkout-less technology to other retailers.---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 being sued by Australia's privacy watchdog over the Cambridge Analytica data scandal where over 300,000 Australians had their data breached.The CEO of Qantas will forego his salary for 3 months as the coronavirus forces Qantas to cut international flights.Coles is telling its online customers to pick up orders rather than have them delivered because it is struggling to keep up with delivery demand following coronavirus panic buying.---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 “neobank” named Xinja has had to stop accepting new customers who want to set up savings accounts due to financial constraints. Grindr, the super popular gay dating app, has been sold by a Chinese gaming company for over $600m.ANZ Bank is cutting over 200 jobs from its private banking and financial planning division, following continuing issues after the royal commission over a year ago.---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.

Myer has had a 36% drop in profit, following a significant reduction in sales in its key womenswear product range.Flight Centre has settled a legal challenge from the liquidator of the notorious Fyre Festival.Waymo, Google’s self-driving car division, has just announced a huge $2.25 billion fundraise this week.---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.

Spotlight, the company known for selling everything from quilts to string, is likely to buy failed Aussie department store Harris Scarfe.Lindt, the Swiss chocolate maker, has increased profits by over 5% despite its competitors experiencing sluggish growth lately.Following the failed IPO of WeWork last year, the world’s largest investor in tech startups, SoftBank, has held a special event to help the companies it has invested in prepare for a successful IPO.---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 cut interest rates to a new low of 0.5% to deal with the impact of the coronavirus on the Australian economy.Apple will pay up to $500 million to settle a lawsuit because it slowed down iPhones to entice customers to buy new, better performing iPhones.An investment company has bought 5% of Twitter and wants use its new ownership to replace its founder and CEO Jack Dorsey.---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.

Bega Cheese’s profit has fallen 21% following expensive legal costs from back-to-back court cases against other dairy companies.Shares in Beyond Meat, known for its meat substitutes, dropped 6% last week even though the company keeps signing up fast-food restaurants like Grill'd and Domino's.Clearview AI, a controversial facial recognition startup, has been blocked by Apple and its app has been banned from use.---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 the owner of Corona beer, Constellation Brands, fell 8% last week, as the beer brand struggles to escape the association with the coronavirus.DoorDash, which launched in Australia recently, has filed for a 'confidential' IPO as competition heats up in the food delivery industry.The NRL is speaking to TV networks and streaming platforms about its next broadcasting deal as it considers following other sports, like cricket, in changing the game's format to attract larger audiences.---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.

Vodafone Australia lost 275,000 mobile customers last year and almost $280m, which is more than double last year’s financial loss.Bob Iger, the CEO of Disney, has shocked the entertainment world by suddenly resigning almost two years earlier than planned.Retail Food Group, the owner of Gloria Jean’s, Donut King and Crust Gourmet Pizza has made a profit for the first time in 3 years.---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.

Nine Entertainment, the owner of Channel 9, is planning to cut costs by $100m over the next 3 years as the TV industry battles to attract audiences and advertisers.After five years in the making, Amazon is bringing its checkout-less store technology to its first large supermarkets with Amazon Go.InvoCare, the biggest funeral company in Australia, has announced a 54% increase in profit. The reason why? It's kinda morbid.---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.

Blackmores, the Australian vitamin company, thinks it has found the 'paw-fect' way to lift profits.Jeanswest, the fashion retailer that collapsed last month, has been sold to a Hong Kong company, saving 680 jobs.Juul, the company known for its sleek USB-looking e-cigarettes, is stopping sales in Indonesia because it can’t stop retailers from selling its e-cigarettes to minors.---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.

Although most rideshare users in Australia use Uber, a new report has found that its competitors such as Ola and Didi are catching up.Despite a drop in passenger growth, Australia's 4 major airports earned more money in 2018-19.The price of gold metal is currently at its highest level since November 2012.---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 same Chinese company that bought baby milk company Bellamy's last year is set to buy the owner of Farmers Union Iced Coffee and Big M.Google parent company Alphabet is closing down its energy kite startup as the company's risk-seeking division, Other Bets, lost $4.8b.David Jones is closing stores because profits have halved following weak sales and lower foot traffic.---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.

Real estate website Domain has achieved a profit of $22m and has claimed the property market is on the way back up.Medibank is blaming increases in hospital costs as the reason it had a 14% drop in profit, and as a result, is asking the government for financial assistance for the health insurance industry.Three of Australia’s biggest gambling companies, Crown, Star and Tabcorp, have reported disappointing results.---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.

Huawei, the Chinese telco company, is going on an Australia-wide tour to win over Australians as it pushes for its 5G network ban to be overturned.The AFL achieved a profit of almost $50m in 2019 as femal­e participation in the sport grew almos­t 11%.Elon Musk's SpaceX is planning to send private citizens into space as early as 2021.---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.

After 160 years of love from Australians, the Holden brand is being retired by its owner, General Motors.Coles underpaid employees $15 million in wages over a six year period.Ansell has announced half-year profit is up 67% following increased demand for its protective equipment during the coronavirus outbreak.---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.

Commbank and ANZ are pushing for new laws that would allow retailers to add a surcharge to customers who use buy now, pay later services like Afterpay.The share price of Tesla is up 84% this year and the company is cashing in by raising $2 billion from investors.English soccer club Manchester City has been fined and banned for breaking financial rules including overstating sponsorship revenue for five years.---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 and its pilots are in a stand-off over a new pay deal, preventing Qantas from progressing its long-haul flights from Australia's east coast to New York and London.Michael Bloomberg is working with Instagram meme influencers to promote his US presidential campaign.Pinterest shares fell after Facebook released a new app that replicates Pinterest's features.---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.

TPG and Vodafone are getting married. The Federal Court has approved a $15b merger because the combined company will be strong competition to Telstra and Optus.The share price of Hasbro, the toy maker, has jumped thanks to strong sales of Frozen 2 and Star Wars toys over the holiday period.Headspace, the meditation app, has raised US$93m to pursue a clinical validation for mindfulness - and fight off competition.---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.

It has been revealed that private company Airbnb had a loss of over US$322 million for the nine months to September 2019. Turns out it's expensive to invest in our safety.Australian blood company CSL has announced a profit of $1.9b from July to December 2019, meaning profit is up 11%. Oh, and it's Australia's third biggest company.Brandless, a SoftBank-backed online supermarket that once sold everything for $3, has shut down.---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.

Celebrity chef George Calombaris has put his company into voluntary administration with around 22 restaurants and 400 jobs set to go. But Yo-Chi is still alive!Slack, the US tech company that does workplace collaboration, has downplayed a report that sent its share price soaring by 15%.NBN Co, the government-owned corporation that has built and is operating Australia's National Broadband Network, has announced half-year loss of over $2b.---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.

Toll Group, a giant Australian logistics company, has had its computer systems hacked and the hackers have demanded a hefty ransom.Twitter has added millions of new users and increased ad revenue - and people are optimistic about the company’s future again.Shares in JB Hi-Fi, the tiger-coloured electronics and appliance retailer, are up 10%. But why?---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 expects 2019 profits to exceed expectations following strong food sales over the festive season.Tinder made $1.2 billion in revenue last year as subscriptions for unlimited swiping takes off.Uber shares have jumped as the company continues to grow globally and gain access to airports around the world.---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.