What the Flux

Personal tax cuts, infrastructure spending, and first homebuyer incentives are all part of this year’s federal budget. Levi’s is getting into the $45 billion re-sale market with a marketplace for worn jeans and jackets. AirAsia is launching restaurants around the world that serve its in-flight food. --- Newsletter giveaway: https://www.flux.finance/newsletter Start your money journey: https://www....

Ticketing website Viagogo has received a $7 million fine for misleading Australian customers. Australia's SPC is expanding into the frozen food and prepared-meals category. Uber is selling a $700 million ownership stake in its freight business, Uber Freight, to preserve cash. --- Flux Newsletter Giveaway: https://www.flux.finance/newsletter --- The content in this podcast reflects the views and op...

Google will pay news publishers $1.4 billion over the next three years to licence their content. Both PepsiCo and the owner of Corona beer are celebrating after their surprisingly successful last 3 months. Casino company Caesars Entertainment is embracing sports betting by acquiring William Hill for $5.2 billion. --- Flux Newsletter Giveaway: https://www.flux.finance/newsletter --- The content in...

HelloFresh is expanding after a massive rise in demand for its budget-priced brand, EveryPlate. Disney is laying off 28,000 employees as the coronavirus slams its theme park business. Telstra is dropping lock-in contracts for business customers as competition rises thanks to the NBN. --- Flux Newsletter Giveaway: http://bit.ly/flux-newsletter Instagram: http://bit.ly/fluxinsta --- The content in t...

Allbirds has been valued at $2.4 billion and a small Aussie investor has taken an ownership stake. Huawei has opted to open new stores in Australia despite the political tension surrounding the company. Aussie payments company Airwallex has raised $56 million as it prepares to expand into the US, Africa and Middle East. --- Start your money journey: https://www.flux.finance/ Get insights on your c...

A2 Milk has slashed expected sales for 2021 following a collapse in the ‘daigou’ market. Cricket Australia has locked in a new major sponsorship with Dettol. Uber has won a court battle in London that has given it the right to operate in the city again. --- TikTok: https://www.tiktok.com/@flux.finance Start your money journey: https://www.flux.finance/ Get insights on your credit score: https://ww...

Rex is negotiating a major investment to launch flights into Australian capital cities and compete with Jetstar and Virgin. Spotify, Epic Games, and Match Group have united to take on Apple and its supposedly unfair App Store policies. Amazon’s quest to connect everything in your home was on show as it announced updates for Echo, Alexa and Fire TV. --- Start your money journey: https://www.flux.fi...

‘Responsible lending’ laws will be axed by the government, making it easier for Aussies to access credit. Catch.com.au is installing mobile robots at its distribution centre to keep up with competition. Playboy is nearing a deal to go public, which would value the company at around $600 million. --- Start your money journey: https://www.flux.finance/ Get insights on your credit score: https://www....

NBN Co will spend $3.5 billion upgrading its network to achieve ‘blazing fast' internet for Australians. Nike beat sales expectations by more than $1.4 billion thanks to its latest e-commerce strategy. After launching in April, streaming startup Quibi is already exploring a potential sale after failing to take off during the pandemic. --- Get credit score insights: https://www.flux.finance/credits...

Guzman y Gomez is progressing towards an IPO as sales hit $1 billion. Harvey Norman’s earnings have tripled in two months as furniture and appliance sales surge. Microsoft is buying the maker of video games Doom and Fallout for $10.4 billion in the biggest gaming acquisition ever. --- Start your money journey: https://www.flux.finance/ Get credit score insights: https://www.flux.finance/creditscor...

The Australian division of Huawei is cutting staff and reducing investment in Australia. Snapchat has launched a social justice-focused show starring Jaden Smith, son of Will Smith and Jada Pinkett Smith. Australian banks have been named as moving potentially dirty money around the world. --- Start your money journey: https://www.flux.finance/ Get credit score insights: https://www.flux.finance/cr...

T2 is reviewing its retail store strategy as customers move online. Facebook is teaming up with Italian sunglasses giant Luxottica on Ray-Ban 'smart glasses'. Uber says all of its vehicles will be electric by 2040, and will spend over $1 billion to help drivers switch to electric. --- Mindful spending: https://www.flux.finance/ Get credit score insights: https://www.flux.finance/creditscore Instag...

David Jones has denied it is for sale despite reporting a $33 million loss. Channel Nine and Stan could become the broadcasters of rugby in Australia from 2021. Disney’s Mulan and Warner Bros’ Tenet struggled at the box office after their cinema releases last week. --- Start your money journey: https://www.flux.finance/ Get credit score insights: https://www.flux.finance/creditscore Instagram: htt...

Australia’s unemployment rate has improved to just 6.8% after the economy gained 111,000 new jobs. YouTube has announced its own TikTok competitor - Shorts. Kim Kardashian West has frozen her Instagram and Facebook accounts in protest against allowing ‘the spread of hate’. --- Start your money journey: https://www.flux.finance/ Instagram giveaway: http://bit.ly/fluxinsta --- The content in this po...

Apple has revealed two new watches, two new iPads and a subscription bundle. Qantas is searching for a new Australian headquarters as it prepares for a smaller workforce post COVID. Pop star Akon is building an $8 billion ‘smart city’ in Senegal - named Akon City. --- Flux videos: https://www.flux.finance/ Instagram giveaway: http://bit.ly/fluxinsta --- The content in this podcast reflects the vie...

Investment company TPG Capital is set to acquire Aussie boots maker RM Williams. PepsiCo, the owner of Pepsi, is launching a new drink to grab a piece of the $1.4 billion sleep aid industry. COVID is transforming the formerly boring company DocuSign into a $50 billion tech darling. --- Instagram giveaway: http://bit.ly/fluxinsta Start your money journey: https://www.flux.finance/ TikTok: https://w...

Bosses at mining company Rio Tinto have been forced to resign after the company blew up an ancient Aboriginal heritage site. TikTok's owner ByteDance has rejected Microsoft’s offer to buy the company. Suncorp is cutting 550 jobs and is closing 20 branches. --- Instagram giveaway: http://bit.ly/fluxinsta Start your money journey: https://www.flux.finance/ --- The content in this podcast reflects th...

Both NAB and Commbank have launched almost identical interest-free credit cards to fight off buy now, pay later competitors like Afterpay Tigerair has officially folded under the pressure of COVID after new owners take control. Shares in work communication tool Slack plummeted last week because the investment world just ain’t happy with the rate of its growth. --- Instagram and Giveaway competitio...

LVMH, owner of Louis Vuitton, Christian Dior and Moet, is backing out of its $22 billion takeover of Tiffany & Co. With online sales growing by over 150%, Lululemon is transforming from retailer to ecommerce star. The former CEO of Myer has purchased 90% of struggling retail brand Colette. --- Start your money journey: https://www.flux.finance/ Instagram: http://bit.ly/fluxinsta TikTok: https:...

Global technology giant Salesforce has been asked to improve Victoria’s COVID-19 contact tracing system. Shares in electric car company Tesla have suffered their worst trading day ever. SoftBank’s shares took a $13 billion hit after being unmasked as the ‘whale’ investor in Amazon and Netflix. --- Start your money journey: https://www.flux.finance/ Instagram: http://bit.ly/fluxinsta TikTok: https:...

ANZ will cut carbon-heavy business customers if they refuse to deal with climate change. JB Hi-Fi has launched a business-focused subscription service known as “device as a service”. Samsung, known for its electronics, is building the world’s largest drug manufacturing plant. --- Start your money journey: https://www.flux.finance/ Instagram: http://bit.ly/fluxinsta TikTok: https://www.tiktok.com/@...

Australia’s biggest health company CSL will manufacture two COVID-19 vaccines in Australia - expected early 2021. Retailers David Jones and Country Road are the latest to admit to underpaying staff. Amazon has been approved to launch its new Delivery Drone Program. --- Start your money journey: https://www.flux.finance/ --- The content in this podcast reflects the views and opinions of the hosts,...

Zoom’s profit skyrocketed by over 3000% between April and June. Nestle is paying $3.5b for a peanut allergy company as it pivots to health products. Woolworths’ $300m investment in PFD Food Services means it will become a food distributor as well as a supermarket. --- Start your money journey: https://www.flux.finance/ --- The content in this podcast reflects the views and opinions of the hosts, a...

COVID has pushed Australia into its first recession in nearly three decades. Dating app Bumble is said to be preparing for an IPO worth around $8 billion. Spotify’s $100 million investment in Joe Rogan’s podcast made its debut this week, --- Start your money journey: https://www.flux.finance/ Instagram: http://bit.ly/fluxinsta TikTok: https://www.tiktok.com/@flux.finance Facebook group: http://bit...

Facebook has threatened to prevent Aussies from sharing news if proposed government regulations are implemented. PayPal is launching a new buy now, pay later service to compete with Afterpay and Zip. Netflix has launched a new global website, that is free, to attract new customers, --- Start your money journey: https://www.flux.finance/ Instagram: http://bit.ly/fluxinsta TikTok: https://www.tiktok...