Cash rate rise: explained! | Atlassian cuts 500 jobs | Aussie funeral giant targeted by TPG

The Reserve Bank of Australia has become a 10-timer… after raising interest rates for the 10th meeting in a row.

Atlassian, the Australian founded tech giant, has announced it will make 5% of its workforce redundant.

TPG Capital, the private equity investor, has purchased just under 18% of Australia’s leading funeral services operator InvoCare and now has a plan to acquire the rest.

---

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.