Five major streaming services are upping their spend on Aussie content to attract new subscribers as the government announces a new content quota for the industry.


 


NIB, the health insurer, has seen its profits rise off the back of angry Medibank customers making the big switch.


 


Gap, the giant retailer, has beaten profit estimates and has seen its share price rise by over 8%, but it’s not looking pretty for the next 12 months.


 


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