What the Flux

Temple and Webster is using AI to jazz up its online shopping experience and grow sales as consumers tighten wallets. An electric car maker called VinFast Auto just listed on the Nasdaq and its valuation soared past General Motors and Mercedes Benz in just one day. Life360, the ASX-listed human-tracking app, has seen its subscription revenue boom year on year…despite an overall tech slowdown. — 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.

NAB has raked in cash earnings of $1.9 billion over the past 3 months and will now do a whoppin’ share buyback Australia Post will start offering next-day delivery services in metro areas to keep up with consumer demands…and Amazon Monday.com, the project management software, has seen its revenue jump 42% over the past 3 months to over $175 million 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 See omnystudio.com/listener for privacy information.

The Matilda’s quarter final match on Saturday night smashed records to become biggest TV sports program in a decade… and a massive winner for Channel 7. JB Hi Fi has seen its profits slide in its full year financial results - but gaming and mobile phones are still the winners. Hopin, the multi-billion dollar virtual events company, has sold its Events and Sessions business units for a measly $15 million. — 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.

Cettire, the ASX-listed luxury e-commerce brand, has seen its gross revenue grow by 87% over the past 12 months. NewsCorp saw their profit drop by 75% over the past 12 months and now it’s its taken the scissors out to start cutting left, right and centre. The owner of retail brands Coach and Kate Spade is acquiring Versace, Michael Kors and Jimmy Choo in a $13 billion mega-deal. — 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 has been hit with a $1.3 billion loss after a tough year in the energy sector… but there’s a silver lining to this story. WeWork has seen its share price drop nearly 99% since it IPO’d, and now they’ve warned of a “substantial doubt” of even staying in business. Barstool Sports, the US digital media company, has been sold back to its founder for $1 just months after he sold it for $550m 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.

CommBank has posted a full-year profit of more than $10 billion and will buy back up to $1 billion worth of shares. Invocare, Australia’s largest funerals group, has endorsed a $1.8 billion acquisition by a private equity giant. Disney has created a new task-force to deep dive into AI and cut down their costs. — 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.

Myer has experienced a major slowdown in sales since January, but has still seen its sales jump double-digits since last year. Paramount Global has palmed off publisher Simon & Schuster to a private equity giant for more than $1.6 billion USD. Canva’s latest valuation has hit $25.5bn USD as its early investors sell down.. But it gears up towards an IPO in the US. — 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.

Free-to-air TV executives are lobbying the government for better visibility of their apps on Smart TV. MrBeast is suing the ghost kitchen that makes his MrBeast Burger after some serious quality-control issues. Apple officially has reached more than 1 billion paying subscribers… and that’s just for its services business. — 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 ACCC has officially rejected the $4.9 billion ANZ-Suncorp merger.. But ANZ says this one ain’t over yet. eToro, the major online investment platform, is being sued by ASIC over their financial betting products. Nintendo has hit its highest first-quarter profit on record after the Legend of Zelda game took it 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.

Seafolly, the Australian bikini label, has been sold for $70 million to a new buyer after a rollercoaster decade. Uber has announced its first global operating profit for a quarter ever and now it plans to take on more industries..again. Pokemon has released a new Pokemon Sleep app… and it is pumping its way up the App Store charts as the app tries to gamify wellness. — 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.

Rio Tinto says that China has pretty much maxxed out on its steel production so now it needs to find new buyers for iron ore. Birkenstock is riding the Barbie wave as it prepares to IPO as soon as September at a value of more than $12 billion bucks. TPG Telecom, the major telco and IT company, has received a $6.3 billion bid to sell some of its fibre assets. — 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 put rates on hold for another month in a good sign for borrowers…but it warned it may not be done for good. Bondi Sands, the Australian self-tanner and skincare brand, has been acquired by a major Japanese retailer for $450 million. Foxtel is planning to launch a top-secret brand.. Which is currently called “Project Magneto” to boost their revenues and differentiate itself in the very saturated streaming 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.

Luxury Escapes, the online Aussie travel company, has jumped into physical retail head-first by opening what some describe as the largest travel store in the world Medical diagnostics company Atomo has gone through a major pivot from producing Covid RAT tests to… pregnancy tests. Hermes has bucked the trend of the luxury industry by announcing a big boost in its sales and profits over the past 6 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.

Prospa, the small business lender, has seen its revenue jump by more than 60%... buuuut it’s share price still dropped by more than 10%. McDonald’s plans to launch a spinoff restaurant chain in 2024 and it will be named after an old-school McDonald’s character called CosMc’s. The owner of Gucci has just acquired a 30% stake in Italian fashion label Valentino for a lazy 1.7 billion euros. — 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.

Zimmermann, Sydney-based fashion label, has received an acquisition offer that values the company at $1.75 billion dollars. Meta, formerly known as Facebook, is slowly but surely gaining back investor trust after a major surge in ad revenue in its second quarter earnings. Chatime, the Bubbletea franchise, is bracing for the closure of some of their Australian outlets after struggling with some loss-making stores. — 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 is looking to build major-scale batteries across Australia to capitalise on volatility in the energy sector. WorldCoin, a new cryptocurrency created by the founder of Open AI, has just handed out millions of dollars in the currency in exchange for irises. Spotify has released underwhelming second-quarter results and its shares dropped 14%.. aaand it’s got an unpopular solution to this problem. — 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.

Kmart and Target are merging to form a $10 billion behemoth, under the Wesfarmers roof. After 17 years, Twitter has officially said “bye bye birdie” as it changes its logo from the blue and white bird to a big, fat ‘X’. A Saudi Arabian soccer team has made an enormous €300 million bid for French star, Kylian Mbappe, which could pair him with Cristiano Ronaldo. — 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.

Turkish Airlines’ planned expansion into Australia has been put on hold after it failed to secure government approval. Netflix lost nearly $18 billion in market value late last week despite the fact that its user numbers grew well ahead of expectations. The ACCC has delayed its major decision on the nearly $5 billion ANZ-Suncorp merger until early August. — 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.

Ansell, the ASX-listed glove maker, has warned its investors that a huge amount of unsold products post covid has now spread to other products. Burberry, the British luxury fashion behemoth, dropped some delightful news last week after a boom in Chinese buyers. Russia pulled out of the Black Sea grain deal last week, which may really hurt the the flow of critical food supplies. — 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.

Foxtel and ESPN are continuing their long-standing partnership to bring America's sports to Australian viewers. TikTok’s unveiled a new initiative called “Elevate” to support up-and-coming artists create careers in music. Netflix experienced its slowest revenue growth on record last year...so now it’s turning to the gaming industry to stay competitive. — 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 Barbie movie was released yesterday evening and it’s expected to create huge ripple effective for Barbie-owner Mattel… and it’s bottom line. Elon Musk has warned that Twitter is still not profitable thanks to a chunky drop in advertising revenue and a very very large debt. An Australian cyber-tech company named Secure Code Warrior has just closed a $50m USD capital raise, with backing from Goldman Sachs. — 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 Victorian Government has pulled the pin on hosting the Commonwealth Games in 2026 after claiming the costs have blown out. PwC, KPMG, EY and Deloitte are all in the spotlight as they’re facing a Senate inquiry into the consulting sector. Last week, Margot Robbie, Matt Damon and thousands of other Hollywood actors walked out on their jobs, sparking the biggest Hollywood strike in 63 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.

Optus is hoping its broadcast of the upcoming FIFA Women’s World Cup will provide an opportunity to rejuvenate its tarnished reputation. Shein, the fast fashion GIANT, is facing a lawsuit from a group of independent designers who accuse it and its AI system of stealing their designs. Italy's luxury fashion groups, such as Prada and Ermenegildo Zegna are teaming up to protect their supply chains and smaller Italian companies. — 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 Treasurer of Australia has announced Michele Bullock as the new Governor of the Reserve Bank and she’ll be the first female in the role. Underwear company Skims, which is owned by Kim Kardashian, is in capital raise talks, which could raise the company's value to around $4 billion USD. Bonza, Australia’s newest airline, has cut back some of their routes after experiencing weak demand. — 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.

Optus has struck a deal with Elon Musk’s Starlink to extend mobile coverage across Australia.. and cut out NBN Commonwealth Bank of Australia is facing a bit of a revolt from its 49,000 employees who are being forced back into the office US annual inflation has taken a dip from its 4% last month to 3% in June and this means it has slowed to a two-year low — 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.

KPMG, one of the leading professional services firms, has launched an in-house developed ChatGPT tool, KymChat, for its clients. Saudi Arabia’s Public Investment Fund has reported a loss of $16.5 billion in 2022 after $28 billion of profit in 2021. Elon Musk’s Tesla is poised to gatecrash Britain’s energy market by selling electricity to households in a challenge to the UK’s big energy providers. — 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.

F45, the Aussie-founded fitness franchise, has admitted that their losses over the last two years are actually much higher than what they initially reported Alibaba affiliate Ant Financial has valued itself at a 75% discount to its failed IPO…and they’ve been fined nearly $1b billion… but surprisingly it’s good news! Sportsbet has spent more than $64m on gambling ads in the last 18 months and they have significantly outspent their competitors — 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.

Australian electric vehicle sales are accelerating, but not enough to meet NSW, Victoria, and Queensland’s 2030 targets. TikTok has plans to compete with Spotify after launching a brand new music streaming service, "TikTok Music". OpenAI and Meta have been sued by comedians and authors over alleged copyright infringements by their AI systems. — 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.

Lion Group, the beer brewing giant, has taken full ownership of Four Pillars Gin, as it plans to dominate the premium spirits market. Meta has swooped in with its Twitter Clone called 'Threads' and has grown to over 70 million users in just 3 days Diageo, the global spirits maker, has cut ties with Sean “Diddy” Combs after a 15-year partnership..and now they’ve brought in the lawyers — 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.

Flux fam, we are back with another WTF recap episode! Before we return to our daily bite sized business news on July 10th, this week it is all about the best stories from the first half of 2023. Today, we’re looking at some of the biggest finance stories from Australia and globally from January to June this year. With cash rate rises jumping 12 times so far to 4.1%... the banks have been pretty core to our lives this year Let's take a trip down memory lane.. --- 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.

Flux fam, we are back with another WTF recap episode! Before we return to our daily bite sized business news on July 10th, this week it is all about the best stories from the first half of 2023. Today, we’re looking at some of the biggest media stories from Australia and globally from January to June this year. It continues to be a battle between the steaming services, the OG TV networks. And these two are becoming more and more alike. Let's take a trip down memory lane.. --- 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.

Flux fam, we are back with another WTF recap episode! Before we return to our daily bite sized business news on July 10th, this week it is all about the best stories from the first half of 2023. Today, we’re looking at some of the biggest retail stories from Australia and globally from January to June this year. With consumer spending down across the board this year, it’s been a tough year to be a retailer. But surprisingly, some retailers just keep on, keeping on. Churning out super strong results. Let's take a trip down memory lane.. --- 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.

Flux fam, we are back with another WTF recap episode! Before we return to our daily bite sized business news on July 10th, this week it is all about the best stories from the first half of 2023. Today, we’re looking at some of the biggest Australian business stories from Australia and globally from January to June this year It's been a booming year for some (ahem Qantas)... and very lean for others (ahemmmm retailers). Let's take a trip down memory lane to see what's happened 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.

Flux fam, we are back with another WTF recap episode! Before we return to our daily bite sized business news on July 10th, this week it is all about the best stories from the first half of 2023. Today, we’re looking at some of the biggest tech stories from Australia and globally from January to June this year This year has been a bit of a recovery from the big tech companies… after last year’s annus horribilis. Let's take a trip down memory lane.. --- 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.

For today's episode, we’re having a warm slice of the music industry. For centuries, music has been the soul of our existence. But over the last few decades, it has evolved more rapidly than any of us could have imagined. We take a look at the challenges from Napster and Limewire, Spotify and Apple Music and now AI. --- 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.

For today's episode, we’re having a warm slice of the much-desired… but more and more inaccessible …Australian property market. We've also brought Tim Lawless, Head of Research at CoreLogic Asia Pacific onto the pod. He's the GOAT of all things property prices, property movements and everything else property on the pod. We'll be back with our the industry recaps for 2023 next week. We'll be back to regular What the Flux programming on July 10th. --- 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.

For today's episode, we’re having a warm slice of the banking industry in Australia.. We're looking at where it's come from... where it is today and what the future holds as big tech companies like Apple and Google enter the 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.

For today's episode, we’re warming into the world of consumer products.. In particular, the way that content creators and influencers have changed the consumer playbook. We'll be back with our industry recaps for 2023 next week. We'll be back to regular What the Flux programming on July 10th. --- 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.

Pizza Hut Australia has been sold by its Australian private equity owner to Flynn Restaurant Group, the world’s biggest franchise operator. Lionel Messi is set to join US Major League Soccer club Inter Miami, turning down a massive deal from Saudi Arabia after some crafty commercials to make this deal uber appealing. A month after going into administration, Jenny Craig has failed to find a buyer for its physical stores - but it had a last minute rescue for its online biz. — 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 fashion giants risk facing a mandatory levy on their trendy threads if they refuse to jump onboard a new scheme tackling fast fashion. The PGA Tour and Saudi-backed LIV Golf have announced a merger, after a tense two year rivalry… but now, they’re promising a united future for golf. The US regulator, the SEC, has filed a lawsuit against Coinbase after claiming that it has been operating as an unregistered broker since 2019. — 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 RBA has raised the cash rate for a 12th time.. By 0.25% and this means the cash rate is now at an 11 year high. Apple just revealed its long awaited new augmented reality headset, Vision Pro. Amazon Australia is expected to reach $5.5 billion turnover next financial year after targeting on value-seeking consumers. — 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.

Tabcorp is bidding for Melbourne Cup broadcast rights and may become both a wagering company and a broadcast rights broker. ALDI is exploring the possibility of expanding into consumer services such as internet, insurance travel services, and solar energy. The ACCC is pleading for the growth of Aussie airlines Rex and Bonza as the duopoly of Qantas and Virgin continues to dominate the domestic 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.

Australia Post is hiking prices for several parcel and package delivery services by as much as 10% on July 3rd. Adairs, the home furnishings retailer, has seen its sales over the past few months and now it’s issued a profit warning to investors. BHP has admitted to underpaying their staff by $430 million… for over a decade. — 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.

Woolworths has committed to transitioning its entire delivery fleet to electric vehicles by 2030. Kmart’s leaning into its Tik Tok cult following and looking to target Gen Z customers for beauty and storage products. Australia's superannuation sector is getting a little cosier after CareSuper and Spirit Super have joined forces and merged. — 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 predicts high demand will likely keep airfares high until 2030 as demand for international travel will keep running ahead of supply YouTube has called it a wrap on Stories, pivoting to focus on key areas like Shorts, Community posts and live videos. Electricity prices are set to go up by up to 25% in many parts of Australia from July 1. — 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.

Wesfarmers reckons “the honeymoon is very much over” after the past few years of government stimulus and low-low interest rates. Elon Musk's Neuralink, the brain computer company, has received a green light from US regulators to begin testing brain implant devices on humans. Disney+ is following its streaming service competitors and removing dozens of shows and films off from it’s 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.

Canada Goose, the luxury clothes manufacturer, is setting up shop in Australia, despite a slow down in consumer spending.. Because the luxury market is still booming. Universal Music Group is partnering with an AI-generated music startup to help make sleep noises. The US has made an in-principle agreement to raise the debt ceiling…just days before it was going to run out of cash. — 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.

TikTok's revenue and profit in Australia have more than doubled despite being in hot water in the Western world Nvidia, the computer chip maker, has seen its market cap hit nearly $1 trillion USD as its chippies become hot property in AI race Ford electric vehicle owners will get access to Tesla Superchargers in a major deal between two rivals that could have a huge impact on the whole 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.

Milkrun, the fast delivery grocery startup has been acquired by Woolworths for an estimated $10 million. Microsoft has announced plans to allow third party developers to create AI-powered apps.. And this could become the app store of the future. Virgin Orbit is officially shutting down after losing 99% of its value in just two 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.

Webjet has made a major comeback from the pandemic, with a $150 million profit turnaround over the past 12 months. Meta has sold its GIF platform Giphy to a stock photography company and copped an 85% loss on the sale in the meantime. Universal Store share prices have sunk by over 20% despite record high sales after it warned that their customers are spending less. — 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.