What the Flux artwork

What the Flux

711 episodes - English - Latest episode: over 1 year ago - ★★★★★ - 12 ratings

Bite-sized business news. 5 minute breakdown of the top 3 Australian or global business stories of the day. Tailor made for busy humans. Hosted by Brett Joffe and Justin Joffe, co-founders of Flux.

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Episodes

US govt tells Aus to cut new media laws | Woolies' data saves us from COVID | Mark Zuckerberg's sister joins Aussie tech company

January 21, 2021 18:00 - 5 minutes - 5.03 MB

The US government has told the Australian government to cut their proposed laws that would force Google and Facebook to pay for news. Data from Woolworths’ Everyday Rewards program has helped trace COVID-19 contacts. The sister of Facebook’s Mark Zuckerberg has been appointed to the board of ASX-listed tech company Life360. --- Save money to WIN money every week (up to $250k): https://bit.ly/Wintheweek --- The content in this podcast reflects the views and opinions of the hosts, and is...

Kogan whacked with $310k fine | Netflix hits 200M subscribers | Bingo Bins worth $2.3B?

January 20, 2021 18:00 - 5 minutes - 4.9 MB

Online retailer Kogan has been whacked with a $310,000 fine for spamming customers with promotional emails. Netflix added 8.5 million global subscribers last quarter, bringing its total subscribers to more than 200 million. Australian waste management company Bingo Bins is considering a $2.3 billion takeover by an Australian private equity group. --- Save money and win money this week (up to $250k): https://bit.ly/Wintheweek Free credit score: https://bit.ly/fluxcreditscore Start your ...

JB Hi-Fi hits record sales | Fiat Chrysler and Peugeot owner get hitched | Bumble announces IPO

January 19, 2021 18:00 - 5 minutes - 5 MB

JB Hi-Fi achieved record sales between July and December - thanks to Aussie households saving around $100 billion during the pandemic. Fiat Chrysler and PSA Group, the owner of Peugeot and Citroen, have finally completed their merger (after first announcing it in Oct 2019). With its 42 million users, Bumble has announced it will IPO in 2021. --- Win the Week [up to $250k this week]: https://bit.ly/Wintheweek Free credit score: https://bit.ly/fluxcreditscore Start your money journey: ht...

Pizza Hut wants to unseat Domino's at no.1 | WhatsApp caught up in FB mess | Deliveroo delivers a $9B val

January 18, 2021 18:00 - 5 minutes - 5.01 MB

Pizza Hut has set its sights on the number 1 spot in the Aussie pizza wars... and wants to leapfrog Domino’s. WhatsApp is delaying its new privacy policy after it caused mass confusion about whether WhatsApp shares data with its owner Facebook. Deliveroo, which is backed by Amazon, is now worth over $9 billion after a pre-IPO funding round. --- TikTok: https://www.tiktok.com/@flux.finance --- The content in this podcast reflects the views and opinions of the hosts, and is intended for ...

Google Aus hides media search links | 10,000 payment terminals go down | US BNPL explodes 98%

January 17, 2021 18:00 - 5 minutes - 5.05 MB

Google Australia has been burying links to traditional Aussie media outlets as an “experiment”. One of Australia’s largest payment companies has encountered 10,000 of its payment terminals going down for over a week. Affirm, the US-based buy now pay later company, went public last week - and its shares increased by 98% on its first day. --- Save money, win money: https://bit.ly/Wintheweek Free credit score: https://bit.ly/fluxcreditscore Start your money journey: https://www.flux.finan...

BONUS EPISODE: Westpac's nightmare results | ANZ gettin' sustainable | Banks worried about Open Banking

January 14, 2021 18:00 - 5 minutes - 4.73 MB

We said we'd be offline until the 18th of January - buuuut we just couldn't resist! So we're releasing a BONUS EDITION every day this week. Today, we're recapping the best stories from the tech industry in 2020. --- Win $250,000 with Flux's Win the Week game: https://bit.ly/Wintheweek --- 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...

BONUS EPISODE: Catch Group speeds up delivery for e-commerce | David Jones making big losses | Woolies sales boomin'

January 13, 2021 18:00 - 5 minutes - 4.75 MB

We said we'd be offline until the 18th of January - buuuut we just couldn't resist! So we're releasing a BONUS EDITION every day this week. Today, we're recapping the best stories from the tech industry in 2020. --- Win $250,000 with Flux's Win the Week game: https://bit.ly/Wintheweek --- 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...

BONUS EPISODE: TikTok facing heat | Facebook playing copycat | Google & Facebook makes truce with media companies

January 12, 2021 18:00 - 5 minutes - 4.73 MB

We said we'd be offline until the 18th of January - buuuut we just couldn't resist! So we're releasing a BONUS EDITION every day this week. Today, we're recapping the best stories from the tech industry in 2020. --- Win $250,000 with Flux's Win the Week game: https://bit.ly/Wintheweek --- 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...

BONUS EPISODE: ASIC watching buy now pay later | Paypal competing with Afterpay & Zip | Afterpay boomin'

January 11, 2021 18:00 - 5 minutes - 4.73 MB

We said we'd be offline until the 18th of January - buuuut we just couldn't resist! So we're releasing a BONUS EDITION every day this week. Today, we're recapping stories about the buy now pay later (BNPL) space in 2020. --- Win $250,000 with Flux's Win the Week game: https://bit.ly/Wintheweek --- 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 an...

BONUS EPISODE: Kayo & Binge boomin' | Netflix hitting market saturation | Disney+ tests direct to streaming model

January 10, 2021 18:00 - 5 minutes - 4.62 MB

We said we'd be offline until the 18th January - buuuut we just couldn't resist! So we're releasing a BONUS EDITION every day this week. Today, we're recapping stories about streaming services in 2020. --- Win $250,000 with Flux's Win the Week game: https://bit.ly/Wintheweek --- 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, statemen...

Tennis Australia gets govt help for Aus Open | Strike Bowling owner set to be acquired for $250M | Apple getting into self driving cars

December 23, 2020 18:00 - 5 minutes - 5.11 MB

Tennis Australia has received a loan from the Victorian government to help cover the cost of this summer’s Australian Open. The owner of Strike Bowling, Sky Zone and Holey Moley mini-golf is set to be acquired for $250M. Apple is getting into self-driving car technology and is aiming to release its first car in 2024. --- Win $250,000 with Flux's Win the Week savings game: https://bit.ly/Wintheweek --- The content in this podcast reflects the views and opinions of the hosts, and is inte...

Lorna Jane's COVID clothes | Guzman y Gomez's $87M investor | Nike sales fly fly fly

December 22, 2020 18:00 - 5 minutes - 5.25 MB

Lorna Jane is being taken to court for trying to sell clothes that the company said could protect against coronavirus. Large Australian investor Magellan has invested $87M into Guzman y Gomez. Sales at Nike will be better than expected this quarter after another big rise in online sales thanks to COVID-wary shoppers. --- Win $250,000 with Flux's Win the Week game: https://bit.ly/Wintheweek --- The content in this podcast reflects the views and opinions of the hosts, and is intended for...

A2 Milk's trading halt | OnlyFans becomes mainstream | Coinbase's 2021 IPO bonanza

December 21, 2020 18:00 - 5 minutes - 5.04 MB

A2 Milk has emerged from a ‘trading halt’ after the company revealed a major drop in expected ‘daigou’ sales. OnlyFans, the content subscription site, made $525M in revenue this year and attracted major celebrities to its platform. Coinbase, the cryptocurrency exchange, has filed for its IPO and is looking likely to be one of the first big IPOs of 2021. --- Win the Week: https://bit.ly/Wintheweek --- The content in this podcast reflects the views and opinions of the hosts, and is inten...

TimTams owner buys Freedom Foods cereal business | Zip Money raises $150M for global expansion | Sneaker 'sharemarket' hits $3.7B valuation

December 20, 2020 18:00 - 5 minutes - 4.82 MB

Arnott’s, the owner of TimTams and Shapes, is buying the cereal and snacks business of Freedom Foods for $20M. Zip Money has raised $150M for its international expansion, with its eyes on the US, Europe and the Middle East. StockX, the share market of sneakers, has walked into a new valuation of $3.7B. --- Win the Week: https://bit.ly/Wintheweek --- 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 r...

Energy BNPL Brighte raises $100m | Moncler's bold bets | Citibank begs for $1.1B Revlon loan money

December 17, 2020 18:00 - 5 minutes - 5.04 MB

Energy buy now pay later company Brighte has raised $100 million to get into selling solar power. Luxury puffer jacket brand Moncler is making bold bets on its new target market of ‘twentysomethings’ and Chinese shoppers. Citibank has begged lenders to return a $1.1 billion mistaken Revlon payment - in one of the biggest banking errors in history. --- Win $250k with Flux's Win the Week: https://bit.ly/Wintheweek --- The content in this podcast reflects the views and opinions of the hos...

Big Flux Announcement: Xinja gives up banking licence | Gloria Jean's, Donut King owner sued | Exxon Mobil finally pledges to cut emissions

December 16, 2020 18:00 - 5 minutes - 4.99 MB

Australian neobank Xinja is giving up its banking licence less than 18 months after launching. The ACCC is suing the owner of Gloria Jean’s and Donut King for allegedly lying to and ripping off franchisees. Global oil and gas company Exxon Mobil has finally pledged to cut greenhouse-gas emissions by up to 20%. --- Win up to $250k with Flux's Win the Week: https://bit.ly/Wintheweek --- The content in this podcast reflects the views and opinions of the hosts, and is intended for personal...

Aussie payment companies take on Visa, Mastercard | Reddit snaps up TikTok-rival Dubsmash | Adidas considering Reebok sale

December 15, 2020 18:00 - 4 minutes - 4.5 MB

Eftpos, BPay and the New Payments Platform are merging to help Aussie banks take on Visa and Mastercard. Reddit has acquired Dubsmash - the short-form video app that is TikTok’s number one rival. Adidas is considering selling Reebok - 15 years after it bought the brand to take on Nike. --- Free credit score: https://bit.ly/fluxcreditscore Start your money journey: https://www.flux.finance/ Newsletter: https://www.flux.finance/newsletter Instagram: http://bit.ly/fluxinsta TikTok: http...

Disney ramping up Aussie focus | Uber, Deliveroo's likely Senate inquiry | Lululemon's workout gear boom

December 14, 2020 18:00 - 4 minutes - 4.44 MB

Disney is expanding its focus on Australia by launching a new streaming brand early next year. Uber and Deliveroo will likely be brought before a Senate inquiry that explores the impacts of insecure employment in Australia. Lululemon has lifted its predictions for its end of year sales as the world experiences a boom in workout gear. --- Free credit score: https://bit.ly/fluxcreditscore Start your money journey: https://www.flux.finance/ Newsletter: https://www.flux.finance/newsletter ...

Airbnb share price rockets | Aussie superfund wants $300 billion | PepsiCo to spend big in Aus

December 13, 2020 18:00 - 5 minutes - 4.62 MB

Airbnb’s share price rocketed 115% in its IPO debut with its valuation hitting over $130 billion. Australia’s largest super fund, AustralianSuper, plans to become a $300 billion fund, PepsiCo Australia will spend $150 million on automation and sustainability following a big year of sales. --- Free credit score: https://bit.ly/fluxcreditscore Start your money journey: https://www.flux.finance/ Newsletter: https://www.flux.finance/newsletter Instagram: http://bit.ly/fluxinsta TikTok: h...

Sephora's surprise loss | DoorDash's giant IPO debut | US: Hey Facebook, sell Insta and WhatsApp

December 10, 2020 18:00 - 5 minutes - 4.6 MB

Sephora Australia made a surprise financial loss last year, but still generated more sales than Adore Beauty. Food delivery giant DoorDash saw its share price skyrocket 85% in its IPO debut. US lawmakers want Facebook to sell off Instagram and WhatsApp. --- Free credit score: https://bit.ly/fluxcreditscore Start your money journey: https://www.flux.finance/ Newsletter: https://www.flux.finance/newsletter Instagram: http://bit.ly/fluxinsta TikTok: https://www.tiktok.com/@flux.finance ...

Google, Facebook to pay for Aussie news | Airbnb looks for $4b in IPO | Brexit could destroy 300,000 jobs

December 09, 2020 18:00 - 5 minutes - 4.6 MB

Google and Facebook will be forced to pay for news content from media companies under world-first laws in Australia. Airbnb has boosted its IPO ‘price range’ as it looks to raise over $4 billion. It has been revealed that a “no deal” Brexit could destroy 300,000 jobs. --- Free credit score: https://bit.ly/fluxcreditscore Start your money journey: https://www.flux.finance/ Newsletter: https://www.flux.finance/newsletter Instagram: http://bit.ly/fluxinsta TikTok: https://www.tiktok.com...

Movie World owner Village Roadshow acquired | Uber selling self-driving division | Bob Dylan sells music to Universal Music

December 08, 2020 18:00 - 5 minutes - 4.63 MB

Village Roadshow, the owner of Warner Bros Movie World, Sea World, and movie cinemas, has been acquired for $586 million. Uber is selling its self-driving car business for over $5 billion. Rockstar Bob Dylan is selling his entire catalog of songs to Universal Music. --- Free credit score: https://bit.ly/fluxcreditscore Start your money journey: https://www.flux.finance/ Newsletter: https://www.flux.finance/newsletter Instagram: http://bit.ly/fluxinsta TikTok: https://www.tiktok.com/@...

Virgin raises the frequent flyer stakes | VIC, NSW credit ratings downgraded | Amazon exploring $400m Wondery purchase

December 07, 2020 18:00 - 5 minutes - 4.61 MB

Virgin Australia is raising the stakes in its Frequent Flyer Program war against Qantas. Both Victoria and NSW have had their credit ratings downgraded. Amazon is considering buying podcasting company Wondery for over $400 million. --- Free credit score: https://bit.ly/fluxcreditscore Start your money journey: https://www.flux.finance/ Newsletter: https://www.flux.finance/newsletter Instagram: http://bit.ly/fluxinsta TikTok: https://www.tiktok.com/@flux.finance --- The content in t...

Booktopia finally gets its IPO | Afterpay US sales exceed Australia | Warner Bros to release all movies via streaming

December 06, 2020 18:00 - 5 minutes - 4.63 MB

Online Aussie book seller Booktopia has finally had its IPO - four years in the making. Afterpay’s US sales exceeded its Australian sales for the first time after Black Friday and Cyber Monday. Warner Bros. will release all of its 2021 movies on streaming service HBO Max - at the same time as in cinemas. --- Start your money journey: https://www.flux.finance/ Get your credit score: https://www.flux.finance/creditscore Newsletter: https://www.flux.finance/newsletter Instagram: http://b...

Kogan buys the NZ version of Kogan | Hyundai launching electric vehicles | Cashrewards all about customer growth

December 03, 2020 18:00 - 4 minutes - 4.59 MB

Online retailer Kogan has paid $122 million for one of New Zealand’s biggest online retailers. Korean car company Hyundai is set to launch a major push into the electric car market. Australian cashback company Cashrewards has IPO’d and is now focused on growing customers (rather than profits). --- Start your money journey: https://www.flux.finance/ Get your credit score: https://www.flux.finance/creditscore Newsletter: https://www.flux.finance/newsletter Instagram: http://bit.ly/fluxi...

Uber rival Ola fading away in Aus | KFC, Taco Bell owner pivoting to online | Under Armour and Steph Curry unite to fight Nike-Jordan

December 02, 2020 18:00 - 4 minutes - 4.58 MB

Uber competitor Ola has cut most of its Australian staff and operations. The owner of KFC and Taco Bell in Australia is pivoting its focus from dine-in to click-and-collect and online delivery. Under Armour and NBA superstar Steph Curry have launched Curry Brand, a new line of clothes, shoes and basketball products. --- Start your money journey: https://www.flux.finance/ Get your credit score: https://www.flux.finance/creditscore Newsletter: https://www.flux.finance/newsletter Instagr...

Foster's is back for summer | Freedom Foods' $590m scandal | Topshop falls into administration

December 01, 2020 18:00 - 5 minutes - 4.61 MB

To win back Aussie drinkers, Foster’s Lager is ramping up production and is launching a brand new slab. Freedom Foods, the Australian snacks, milk and cereal company, has revealed the $590 million cost of its accounting scandal. The global owner of the Topshop and Topman fashion brands has fallen into administration. --- Newsletter: https://www.flux.finance/newsletter --- The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not comm...

Aussie wine makers whacked by China | Nine Network wins ratings | Stripe could be worth $95b

November 30, 2020 18:00 - 4 minutes - 4.6 MB

China has whacked Australian wine makers with tariffs up to 212% on Australian wine imports. For the second year in a row, the Nine Network has won the Australian TV ratings. Global payments giant Stripe in talks to receive new investment at a valuation of at least $95 billion. --- Start your money journey: https://www.flux.finance/ Get insights on your credit score: https://www.flux.finance/creditscore Newsletter: https://www.flux.finance/newsletter Instagram: http://bit.ly/fluxinsta...

Bega Cheese eats up Lion Dairy | Penguin books acquires Simon & Schuster | Mars devours owner of Kind bars

November 29, 2020 18:00 - 4 minutes - 4.6 MB

Bega Cheese is buying Lion Dairy and Drinks - the owner of Pura Milk, Dare Iced Coffee and Yoplait Yoghurt. Book publishing company Simon & Schuster is being sold to Penguin Random House - resulting in one major book publishing company. The owner of M&M’s and Snickers is buying the owner of Kind bars to jump on the healthy snacks bandwagon. --- Instagram: http://bit.ly/fluxinsta --- The content in this podcast reflects the views and opinions of the hosts, and is intended for personal a...

Aussie Uber drivers could set own prices | Oxfam whacks Just Group, Mosaic Brands | Salesforce in talks to acquire Slack

November 26, 2020 18:00 - 5 minutes - 4.62 MB

Uber is considering letting its drivers in Australia bid for rides and set their own prices. A report from Oxfam has whacked several major retailers in Australia for their buying practices and low wages for factory workers. Global software company Salesforce is in talks to acquire workplace messaging app Slack. --- Start your money journey: https://www.flux.finance/ Get insights on your credit score: https://www.flux.finance/creditscore Newsletter: https://www.flux.finance/newsletter ...

Amazon Pharmacy coming down under? | Qantas requires your vaccine | GetSwift's move abroad potentially blocked by Treasurer

November 25, 2020 18:00 - 5 minutes - 4.6 MB

Amazon has launched Amazon Pharmacy in the US - 10 months after filing a trademark for Amazon Pharmacy in Australia. Qantas will require passengers to be vaccinated before taking an international flight. Australian logistics company GetSwift wants to relocate to Canada - but the move may be blocked by Treasurer Josh Frydenberg. --- Start your money journey: https://www.flux.finance/ Get insights on your credit score: https://www.flux.finance/creditscore Newsletter: https://www.flux.fin...

Telstra entering energy market | BBC launches streaming service in Aus | Aussie company collapses after cyber attack

November 24, 2020 18:00 - 4 minutes - 4.58 MB

Telstra will start selling energy plans to consumers as it chases new revenue opportunities. The BBC and the UK’s biggest TV broadcaster ITV have launched their streaming service BritBox in Australia. An Australian investment company has collapsed after a cyber attack resulted in the transfer of $8.7 million into a random bank account. --- Start your money journey: https://www.flux.finance/ --- The content in this podcast reflects the views and opinions of the hosts, and is intended fo...

Aus Open delay hurts Nine | Snap trying to match it with TikTok | Google Pay taking on fintechs

November 23, 2020 18:00 - 4 minutes - 4.62 MB

A delay in the Australian Open in 2021 would hurt the event’s TV broadcaster Nine. Google Pay is getting a massive redesign - and it has a brand new focus on personal finance. In order to better compete with TikTok, Snap has acquired a company that overlays your own vocals over music. --- Start your money journey: https://www.flux.finance/ Get insights on your credit score: https://www.flux.finance/creditscore Newsletter: https://www.flux.finance/newsletter Instagram: http://bit.ly/fl...

BuzzFeed buying HuffPost | Aussie COVID insurance looking good | WeWork expanding 'On Demand' globally

November 22, 2020 18:00 - 5 minutes - 4.6 MB

BuzzFeed is buying news website HuffPost - and the two will remain separate news brands. Insurance claims relating to COVID ‘business interruptions’ could be valid in Australia - meaning hundreds of millions could be paid out. WeWork is expanding its new 'WeWork on Demand' service internationally. --- Start your money journey: https://www.flux.finance/ Get insights on your credit score: https://www.flux.finance/creditscore Newsletter: https://www.flux.finance/newsletter Instagram: htt...

News Corp suddenly accepts climate change | Twitter launches stories | Duolingo expands lead in languages

November 19, 2020 18:00 - 5 minutes - 4.65 MB

News Corp has come out swinging at its annual general meeting saying it does not deny climate change. Twitter is launching a new stories-like feature that disappears after 24 hours. Duolingo has raised $48 million to expand its lead in the language education market. --- Start your money journey: https://www.flux.finance/ Get insights on your credit score: https://www.flux.finance/creditscore Newsletter: https://www.flux.finance/newsletter Instagram: http://bit.ly/fluxinsta TikTok: ht...

Toys R Us returning in 2021 | Fortnite fights Apple in Aus | Airbnb finally files for IPO

November 18, 2020 18:00 - 4 minutes - 4.55 MB

Toys R Us stores are likely to reopen next year as the company’s owner merges with toy brand Funtastic. The owner of one of the most profitable video games in history, Fortnite, has brought its legal fight against Apple to Australia. Finally Airbnb has filed for its long-awaited IPO after contemplating the idea for several years. --- Start your money journey: https://www.flux.finance/ Get insights on your credit score: https://www.flux.finance/creditscore Newsletter: https://www.flux.f...

Aussie share market's major outage | Afterpay, BNPL required to limit target customers | Strava raises over $100m

November 17, 2020 18:00 - 5 minutes - 4.64 MB

Australian investors were unable to trade on the Australian share market for most of the day on Monday when the entire system went down. Afterpay and other buy now pay later platforms will be required to limit the types of customers they target under new regulations. Fitness tracking app Strava has raised $136 million after gloating about its 2020 growth rate of 2 million new users per month. --- Instagram: http://bit.ly/fluxinsta Start your money journey: https://www.flux.finance/ New...

Australia's big trade deal | Instagram enters online shopping | Zoom rival to be virtual events king?

November 16, 2020 18:00 - 5 minutes - 4.6 MB

The Australian government has signed a new partnership with several other countries in the world’s largest trade deal. Instagram Australia has embraced the online shopping boom by releasing a new Shop tab. Zoom competitor Hopin has raised $170 million to become the home of virtual events and conferences. --- Newsletter: https://www.flux.finance/newsletter --- The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. W...

Xero tells investors to chill out | Foxtel gets cricket discount | Apple ditches Intel

November 15, 2020 18:00 - 4 minutes - 4.56 MB

Accounting software giant Xero has told investors to take a chill pill with regard to the company’s sudden rise in profitability. It’s understood that Foxtel has received a discount from Cricket Australia for this year’s broadcast rights. Apple is transitioning away from using Intel’s computer chips for its computers. --- Start your money journey: https://www.flux.finance/ Get insights on your credit score: https://www.flux.finance/creditscore Newsletter: https://www.flux.finance/newsl...

Universal Store's $150m IPO | Kogan's AGM post e-commerce boom | Victoria's Secret owner to surprise us again?

November 14, 2020 18:00 - 4 minutes - 4.52 MB

Universal Store will raise almost $150 million in its long-awaited IPO this week. Kogan will have its annual general meeting this week following a profit jump of 56% during the 2020 e-commerce boom. The owner of Victoria’s Secret and Bath & Body Works will announce its latest results this week after a surprise profit last quarter. --- Start your money journey: https://www.flux.finance/ Get insights on your credit score: https://www.flux.finance/creditscore Newsletter: https://www.flux....

Telstra breaks up with itself | Maccas' McPlant range | Digital COVID travel passes to solve travel industry?

November 12, 2020 18:00 - 5 minutes - 4.59 MB

Telstra has announced a major company restructure that will see the company split itself into three separate entities. McDonald’s has announced a brand new plant-based meat range - named the ‘McPlant’ range. Airline alliances Oneworld, Star Alliance and SkyTeam are pushing governments to replace quarantine restrictions with digital travel passes that would verify who is safe to fly. --- Flux Wellness Month: http://bit.ly/fluxwellnessmonth Start your money journey: https://www.flux.finan...

Supreme acquired by Vans owner | realestate.com.au ups the ante in Asia | Spotify spends $320m on podcast platform

November 11, 2020 18:00 - 4 minutes - 4.55 MB

Streetwear brand Supreme has been acquired for $2.9 billion by the owner of Vans - VF Corp. The owner of realestate.com.au, REA Group, is beefing up its presence in Asia. Spotify is acquiring Megaphone, one of the world’s top podcast advertising platforms, for $320 million. --- Start your money journey: https://www.flux.finance/ Get insights on your credit score: https://www.flux.finance/creditscore Newsletter: https://www.flux.finance/newsletter Instagram: http://bit.ly/fluxinsta Fl...

COVID vaccine's financial impact | Swisse & Blackmores's dogfight for pet vitamins | Aussie dairy industry's consolidation

November 10, 2020 18:00 - 4 minutes - 4.61 MB

Share markets skyrocketed after drug companies Pfizer and BioNTech announced their COVID-19 vaccine was 90% effective. The pet vitamins sector has become a highly competitive dog fight between industry giants Blackmores and Swisse. Australia’s biggest milk processor, Saputo, is eager to participate in the ‘consolidation’ of Australia’s dairy industry. --- Start your money journey: https://www.flux.finance/ Get insights on your credit score: https://www.flux.finance/creditscore Newslett...

Stan creating new sports channel | Tabcorp's $100m weekend | Aussie sharemarket loving Joe

November 09, 2020 18:00 - 4 minutes - 4.58 MB

Streaming service Stan is creating a new sports channel after beating Foxtel for the rugby union broadcast rights. Tabcorp’s major systems outage this weekend may have cost the company over $100 million in lost betting. The Australian share market has responded positively to the fact that Joe Biden will be the next US President. --- Start your money journey: https://www.flux.finance/ Get insights on your credit score: https://www.flux.finance/creditscore Newsletter: https://www.flux.fi...

Magazines Elle and Girlfriend coming back | YouTube rival may divorce parent | Amcor booming in lockdown

November 08, 2020 18:00 - 4 minutes - 4.6 MB

The owner of Woman’s Weekly and New Idea magazines is bringing back Elle and Girlfriend in digital form. Former YouTube rival Vimeo has raised over $200 million to potentially ‘divorce’ its parent company. Homegrown packaging giant Amcor is living its best life thanks to a boom in US grocery sales during lockdowns. --- Flux Wellness Month: http://bit.ly/fluxwellnessmonth Start your money journey: https://www.flux.finance/ Get insights on your credit score: https://www.flux.finance/cred...

Tradie platform HiPages' IPO | Uber investor's $110b cash pile | Preserving Indigenous sites at Fortescue

November 07, 2020 18:00 - 5 minutes - 4.6 MB

Online tradie platform HiPages will have its long-awaited IPO this week - valued up to $318 million. This week, WeWork and Uber investor SoftBank will announce its latest financial results - but what will it do with its $110 billion in cash? Preserving Indigenous sites will be on the agenda at Australian mining giant Fortescue Metal’s annual general meeting this week. --- Flux Wellness Month: http://bit.ly/fluxwellnessmonth Start your money journey: https://www.flux.finance/ Get insigh...

Domino's going large in Europe | Crocs' comeback | Gina Rinehart's $4b profit

November 05, 2020 18:00 - 4 minutes - 4.56 MB

Domino’s expects sales to ramp up in Europe as the second wave of COVID forces restaurants to close. Crocs is making a comeback thanks to celebrity partnerships - including a big one with Justin Bieber. Gina Rinehart’s company Hancock Prospecting earned $4 billion in profit last financial year. --- Flux Wellness Month: http://bit.ly/fluxwellnessmonth Start your money journey: https://www.flux.finance/ Get insights on your credit score: https://www.flux.finance/creditscore Newsletter: ...

Ooshies deliver for Woolies | Beem It and Eftpos hook up | China halts record breaking IPO

November 04, 2020 18:00 - 4 minutes - 4.64 MB

Woolworths’ sales have increased by 12% thanks to a boost in online sales and its Ooshies giveaways. Australia’s Eftpos is buying payments app Beem It, which is owned by 3 of the big 4 banks, to expand into the digital wallets space. China has suddenly halted the record-breaking IPO of Alibaba’s Ant Group. --- Flux Wellness Month: http://bit.ly/fluxwellnessmonth Start your money journey: https://www.flux.finance/ Get insights on your credit score: https://www.flux.finance/creditscore ...

RBA cuts rates | Westpac preparing for bad loans | Rest Super v climate change

November 03, 2020 18:00 - 5 minutes - 4.61 MB

The Reserve Bank has cut the official interest rate to 0.10% and has announced a ‘quantitative easing program’. Westpac is preparing for a $6.2 billion hit from potentially bad loans in 2021. An Australian super fund has settled a lawsuit with one of its members for failing to protect his retirement savings from the financial impacts of climate change. --- Flux Wellness Month: http://bit.ly/fluxwellnessmonth --- The content in this podcast reflects the views and opinions of the hosts, ...

Optus buying Amaysim for $250m | AMP receives takeover offer | Under Armour selling MyFitnessPal

November 02, 2020 18:00 - 4 minutes - 4.47 MB

Optus is buying mobile phone plan retailer Amaysim for $250 million. 171 year-old Australian finance company AMP has received a takeover offer from a US company. Under Armour is selling popular app MyFitnessPal for $490 million. --- Flux website: 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 o...