What the Flux

In this series, Going Deep, we’ll be doing bite-sized explorations into the most interesting industries, businesses and economic events… in Australia and around the world For today's episode, we’re looking at the decline of Australian retail over the past decade. We’ve seen David Jones struggle, Mosaic Brands collapse and Myer worth a fraction of its previous value. In thi...

Today we're kicking off our new 'In Conversation' series where we'll be bringing you insights from some of Australia's best and brightest leaders. In our very first episode, we'll be chatting with Grant Hackett OAM, CEO of Generation Development Group and 3 x Olympic Gold Medallist. You may know Grant Hackett for being unbeaten in the 1500 metre race from 1996 to 2007. What you might not know...

Domain has taken Realestate.com.au’s owner to court over misleading claims… and there’s billions on the line. Xero has gone an an AI-rampage as it signs a new AI deal with Microsoft Co-Pilot… which is its third big AI deal. US Ticket reseller StubHub… is being sued by World Cup fans who paid big money for tickets that never showed up. _ Want to lean how to go from...

The company behind KFC stores in Australia has posted record sales for the last fiscal year but their focus is on preventing bird flu from hitting their supply chain. Amazon Australia is being sued by the ACCC… for allegedly sneaking ads onto its streaming platform and then charging customers to remove them. The owner of Ticketek has started a major restructure and job-cut after it scramble...

Coles and Woolies are in the firing line after Australia has just announced world-first supermarket price gouging laws The NRL has just locked in the biggest broadcast rights deal in Australian sports history… which makes rugby league more valuable than AFL for the first time. Apple has hiked the price of its Macs, iPads and other Apple products because AI is eating the world's memory suppl...

Qantas and smaller sibling Jetstar are axing flight routes across Australia…and Australians in regional centres are about to feel it Judo Bank's share price has collapsed more than 40% in a single day after three problem business loans blew up simultaneously Meta is betting on prediction markets after secretly launching a new standalone app called "Arena" _ Want to lean how to go from a Sav...

The Aussie company behind Cocobella and Rokeby protein shakes has been acquired by Danone for nearly $2 billion. Reddit is turning human opinions into a $625 million ad business…and is introducing new products to capitalise on its community. WiseTech, ASX-listed logistics software, just lost $2 billion from its market value because of a very serious investigation into its founder. _ Want to...

Glue Store just became the latest fashion victim to permanently close its doors after the stores were losing too much money for its owner Australia's biggest insurers have warned home insurance premiums will rise by double digits every year for the foreseeable future BMW has suffered a 6% fall in share price after it hit the brakes on its own profit outlook _ Want to lean how to go from a Saver to...

The Labor government has done a major backflip on its capital gains tax changes… while also dumping its stealth death tax. ARN Media are forking out $12 million to get Kyle Sandilands off their airwaves… but they’ll pocket some of his future earnings in the process. Snapchat’s stock plunged by around 9%... after releasing a pricey pair of augmented reality glasses - calle...

The RBA has held the cash rate at 4.35 per cent… pausing to see if the three hikes this year so far has actually made a difference. Australia’s largest sneaker retailer, behind Platypus and Athlete’s Foot has received a hostile takeover bid…without a single cent of premium. Grill'd is being sued by the ACCC for allegedly misleading customers about how much it would donate...

Super Retail Group has announced a five-year plan for its brands like Rebel Sport to own regional Australia… before competitors get there. SpaceX has just completed the biggest IPO in history - raising $US75 billion and turning Elon Musk into the world's almost-trillionaire. Cadbury has posted double-digit growth in Australia as we turn to chocolate during the cost-of-living crisis. _ Downl...

Sigma Healthcare, the owner of Chemist Warehouse, is chasing a $14 billion deal to buy UK pharmacy giant Boots. Kmart is opening a massive furniture showroom called K Home to grab a bigger slice of the furniture market. Bending Spoons, the Italian app studio that buys dying internet brands  has just filed for a $20 billion Nasdaq IPO. _ Download the free app (App Store):  http://bit.ly/F...

KPMG's global bosses have frozen partner exits at KPMG Australia to stop an exodus blowing up the entire audit season. Universal Music is sounding out a €1 billion bond sale… after one of its major backers sold his stake in the company. Prada is heading to the moon…by designing garments for NASA astronauts to wear for their next big moon landing. _ Download the free app (App Sto...

David Jones lost more than $95 million in 2025… and is being investigated for being six months late to report it. Hasbro, the mega toy company has launched a new unit to allow businesses to rent the AI voices of Optimus Prime, Mr. Monopoly and Peppa Pig. Victoria’s Secret’s shares have soared 50%... after it bumped its revenue forecast by $180 million. _ Download the free app (A...

Foxtel is making a $4 billion power play to kick Nine off the NRL.. and it's shopping for a free-to-air mate to make it happen. Anthropic has confidentially filed for an IPO at a $965 billion valuation USD. WiseTech told the world it’s replacing 2,000 employees with AI… then prevented some of its employees it fired from working for its rivals. _ Download the free app (App Store):&nbsp...

The ACCC has opened a preliminary investigation into Uber Eats after claims of anti-competitive deals. The Enhanced Games has suffered 70% fall in its share price in the past three weeks…after promised to break world records and failing dismally. Temu has been hit with a €200 million fine by EU regulators for failing to stop illegal products being sold on its platform… and the b...

Endeavour Group, the owner of Dan Murphy, is selling off its wineries and axing 80% of its grape production. FIFA is being investigated for selling crazy-expensive World Cup tickets… and apparently creating fake demand to do it. Oreo is collabing with K-pop supergroup BTS… in the biggest partnership ever for the cookie maker. _ Download the free app (App Store):  http://bit.ly/F...

NAB is cutting jobs in Australia… while hiring up to 1000 new staff in India and Vietnam. SpaceX has added an Australian retail investment platform to its IPO plans.. in what could be the biggest IPO in history. Ferrari has unveiled its first fully electric car and its own marketing chief is telling its loyal petrol heads to please, please not buy it. _ Download the free app (App Store):&nb...

Guzman y Gomez has shut its eight Chicago stores and abandoned its US expansion…and its share price skyrocketed on the news. Singtel has not-so-quietly put a "For Sale" sign on part of Optus… Australia's second-biggest telco. Oura Ring has confidentially filed for an IPO, as the smart ring maker is eyeing a $2 billion USD revenue year. _ Download the free app (App Store):  http:...

Webjet’s shares have nosedived to record lows ... .after its travel bookings have ground to a halt. Australia's major banks are hiking home loans after every RBA rate hike… but the interest rate on savings accounts isn’t following. James Murdoch’s company, Lupa Systems has just bought Vox Media for over $300 million USD… and it could be just the beginning for his ve...

ASX-listed Tuas has seen its shares fall 63% after Singapore's regulator warned that its $1.5 billion merger is on the ropes. Birkenstocks are falling… falling more than 14%.... and hitting record lows…as its luxury status is being called into question. Everlane, the brand that built its whole identity on radical sustainability, has just been acquired by Shein. _ Download the free ap...

Zip Co has lost a decade-long High Court battle over its own name and will be forced to rebrand its entire Australian business. Temple & Webster has raised its prices and pulled back on promotions after warning that its earnings will be 30% below market expectations. Swiss sneaker brand On has raised its profit forecast after clocking a 26% sales surge…but its US growth might be startin...

CommBank’s shares have seen their biggest single-day fall in history earlier this week after wiping $30 billion from its market value. Xero's revenue jumped 31%...but profits fell 27% after its multi-billion dollar US acquisition has hurt the bottom line. CNN has launched a stand-alone weather app…three years after its last digital product collapsed in just 29 days. _ Download the fre...

The Labor government has handed down its 2026 Federal Budget… and it includes the biggest overhaul to Australia's property tax system in 25 year. CSL has seen nearly $10 billion wiped from its market value after writing-down a multi-billion dollar acquisition it made three years ago. Dua Lipa is suing Samsung for $15 million after it put her face on TV boxes to sell televisions… with...

Macquarie has posted a $4.85 billion annual profit… up 30%... after it turned the Iran oil shock into one of the biggest windfalls in the bank's history. Google has quietly killed off the $2.1 billion Fitbit app and replaced it with an AI health coach app for all devices. Uber made $2.1 billion in gross profit in Australia last year and somehow ended up with just under $9 million in net pro...