Pizza Hut Australia has been sold by its Australian private equity owner to Flynn Restaurant Group, the world’s biggest franchise operator. Lionel Messi is set to join US Major League Soccer club Inter Miami, turning down a massive deal from Saudi Arabia after some crafty commercials to make this deal uber appealing. A month after going into administration, Jenny Craig has failed to find a buyer for its physical stores - but it had a last minute rescue for its online biz. — Build the financial w...
Jun 08, 2023•6 min•Transcript available on Metacast Aussie fashion giants risk facing a mandatory levy on their trendy threads if they refuse to jump onboard a new scheme tackling fast fashion. The PGA Tour and Saudi-backed LIV Golf have announced a merger, after a tense two year rivalry… but now, they’re promising a united future for golf. The US regulator, the SEC, has filed a lawsuit against Coinbase after claiming that it has been operating as an unregistered broker since 2019. — Build the financial wellbeing of your team with Flux at Work: h...
Jun 07, 2023•6 min•Transcript available on Metacast The RBA has raised the cash rate for a 12th time.. By 0.25% and this means the cash rate is now at an 11 year high. Apple just revealed its long awaited new augmented reality headset, Vision Pro. Amazon Australia is expected to reach $5.5 billion turnover next financial year after targeting on value-seeking consumers. — 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 (Googl...
Jun 06, 2023•6 min•Transcript available on Metacast Tabcorp is bidding for Melbourne Cup broadcast rights and may become both a wagering company and a broadcast rights broker. ALDI is exploring the possibility of expanding into consumer services such as internet, insurance travel services, and solar energy. The ACCC is pleading for the growth of Aussie airlines Rex and Bonza as the duopoly of Qantas and Virgin continues to dominate the domestic market. — Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Downl...
Jun 05, 2023•6 min•Transcript available on Metacast Australia Post is hiking prices for several parcel and package delivery services by as much as 10% on July 3rd. Adairs, the home furnishings retailer, has seen its sales over the past few months and now it’s issued a profit warning to investors. BHP has admitted to underpaying their staff by $430 million… for over a decade. — 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 ...
Jun 04, 2023•6 min•Transcript available on Metacast Woolworths has committed to transitioning its entire delivery fleet to electric vehicles by 2030. Kmart’s leaning into its Tik Tok cult following and looking to target Gen Z customers for beauty and storage products. Australia's superannuation sector is getting a little cosier after CareSuper and Spirit Super have joined forces and merged. — 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 Downlo...
Jun 01, 2023•6 min•Transcript available on Metacast Qantas predicts high demand will likely keep airfares high until 2030 as demand for international travel will keep running ahead of supply YouTube has called it a wrap on Stories, pivoting to focus on key areas like Shorts, Community posts and live videos. Electricity prices are set to go up by up to 25% in many parts of Australia from July 1. — 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 Do...
May 31, 2023•6 min•Transcript available on Metacast Wesfarmers reckons “the honeymoon is very much over” after the past few years of government stimulus and low-low interest rates. Elon Musk's Neuralink, the brain computer company, has received a green light from US regulators to begin testing brain implant devices on humans. Disney+ is following its streaming service competitors and removing dozens of shows and films off from it’s platform. — Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the fre...
May 30, 2023•6 min•Transcript available on Metacast Canada Goose, the luxury clothes manufacturer, is setting up shop in Australia, despite a slow down in consumer spending.. Because the luxury market is still booming. Universal Music Group is partnering with an AI-generated music startup to help make sleep noises. The US has made an in-principle agreement to raise the debt ceiling…just days before it was going to run out of cash. — Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App ...
May 29, 2023•6 min•Transcript available on Metacast TikTok's revenue and profit in Australia have more than doubled despite being in hot water in the Western world Nvidia, the computer chip maker, has seen its market cap hit nearly $1 trillion USD as its chippies become hot property in AI race Ford electric vehicle owners will get access to Tesla Superchargers in a major deal between two rivals that could have a huge impact on the whole industry — Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the...
May 28, 2023•6 min•Transcript available on Metacast Milkrun, the fast delivery grocery startup has been acquired by Woolworths for an estimated $10 million. Microsoft has announced plans to allow third party developers to create AI-powered apps.. And this could become the app store of the future. Virgin Orbit is officially shutting down after losing 99% of its value in just two years. — 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...
May 25, 2023•6 min•Transcript available on Metacast Webjet has made a major comeback from the pandemic, with a $150 million profit turnaround over the past 12 months. Meta has sold its GIF platform Giphy to a stock photography company and copped an 85% loss on the sale in the meantime. Universal Store share prices have sunk by over 20% despite record high sales after it warned that their customers are spending less. — Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://...
May 24, 2023•6 min•Transcript available on Metacast Qantas expects to reach a record profit of nearly $2.5 billion for this financial year - more than $1 billion higher than its previous record. Bunnings has announced a move to trial a four-day workweek for its full-time workers, which could set a precedent for the whole industry. Meta has been hit with a $2 billion fine for breaching data protection rules in the European Union. — Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App St...
May 23, 2023•6 min•Transcript available on Metacast Buy now pay later companies are about to face some tough new regulation after being included in the credit laws. Instagram is planning for a US summer showdown after it plans to release a text-based app that will compete with Twitter. Apple is expected to launch its first virtual reality headset on June 5th which could be a game changer for the space.. But it comes with a pretty hefty price tag. — Help out our mates at Flying Fox: https://bit.ly/3BNvx0A Build the financial wellbeing of your team...
May 22, 2023•6 min•Transcript available on Metacast Xero, the accounting software, reported a loss over $100 million for the past 12 months, but it’s actually really really good news. The world’s biggest crypto exchange, Binance , is being banned by Westpac. Alibaba has announced its first results since splitting up the company into six units - and its quarterly revenue was quite the disappointment. — Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit.ly/FluxAppSto...
May 21, 2023•6 min•Transcript available on Metacast Super funds are considering whether to vote against the re-election of male directors in 97 ASX 300 companies, in a push for greater gender diversity on boards. Elon Musk has told investors that Tesla will give traditional advertising a shot after always avoiding this method in the past. TikTok is pulling together a $6 million fund to pay the creators of its viral filters and effects. — Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app ...
May 18, 2023•6 min•Transcript available on Metacast Apple has teamed up with Westpac to launch its 'Tap to Pay' service in Australia, which will mean every iPhone will become a payment device. The owner of Super Cheap Auto and Rebel, reckons its brands are ready-made for tightening consumer spending. Australian banks have come together to launch a new tool to combat fraud from sophisticated scams. — 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...
May 17, 2023•6 min•Transcript available on Metacast Aristocrat Leisure, Australia's leading gaming company, has gaming software company NeoGames in a whopping $1.5 billion deal. Hospitality tech startups Mr Yum and me&u are looking at merging to create one big Australian company to take on the world’s restaurants together. National Geographic, the TV network, is diving into the retail game business, by launching its first brick-and-mortar stores in Australia. — Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxa...
May 16, 2023•6 min•Transcript available on Metacast Pointsbet, the ASX-listed betting company, has sold its US division to Fanatics, the sports merch company backed by Jay Z. Parcel businesses are vying to get a slice of Australia Post’s infrastructure, including their boxes and lockers, to improve their own delivery services. Tesla has recalled every car that it’s sold in China, all 1.1 million of them, because of a braking and acceleration defect.. — Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Downloa...
May 15, 2023•6 min•Transcript available on Metacast Tasmania was officially granted an AFL licence a couple of weeks ago.. But the biggest sticking point is still their full name.. Which is a point of major trademark contention. Disney has seen a 2% drop in its total streaming subscriber base for the quarter and they’re pointing the finger at one of its very own platforms. Adidas is looking to sell some stock from its discontinued Yeezy partnership and donate the proceeds to charitable organisations. — Build the financial wellbeing of your team w...
May 14, 2023•6 min•Transcript available on Metacast PwC Australia is in damage control after its CEO and two other executives stood down after a major government tax leak. The share price of Google’s parent company Alphabet jumped by A$82 billion overnight after a single announcement, which repeated the same word over… and over.. And over. The US government is getting closer to default-day as it starts inching towards its debt ceiling.. — Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app...
May 11, 2023•6 min•Transcript available on Metacast Jenny Craig has been forced to shut down in the US and Canada and has now appointed voluntary administrators in Australia too. CBA has just announced that they will be shelving their mortgage cashback offers and waving their white flag in the mortgage wars. Amazon is introducing a new service called Amazon Everywhere that allows users to purchase physical items in games and apps. — Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App ...
May 10, 2023•6 min•Transcript available on Metacast We've trawled through the 900+ pages of the Federal Budget to give you a highlights package. Hear about all the winners and losers and our thoughts about the Federal Budget for 2023. We cover all things: Cost of living packages Medicare incentives Big investments in the hydrogen economy — 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/FluxappGo...
May 09, 2023•6 min•Transcript available on Metacast The owners of 7-Eleven Australia have put the brand up for sale and the future of 7-Eleven could look a whole lot different. Atlassian’s shares have tumbled over 10% in after-hours trading after Atlassian warned of slowing growth for the upcoming quarter. Vice, the youth media outlet is preparing to file for bankruptcy after years of declining profit. — Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit.ly/FluxApp...
May 08, 2023•6 min•Transcript available on Metacast Google and Facebook made $8.3 billion in digital advertising in Australia in 2022, but only paid a teeny tiny portion of that in tax thanks to some crafty accounting. NAB’s share price dropped nearly 8% despite a record earnings over $4 billion for the six months to March because investors had a few concerns. Airbnb goes back to its roots to accommodate shrinking budgets with Airbnb Rooms, their new offering where people can rent private rooms within a house. — Build the financial wellbeing of y...
May 07, 2023•6 min•Transcript available on Metacast Boozebud, the Australian online bottle shop has collapsed after it had insufficient funds to continue operating the business. Uber has announced a major jump in revenue largely thanks to its ride-hailing and delivery businesses. PepsiCo is launching a new no-sugar sparkling water, Bubly, in Australia despite a tightening economy as its sales keep on, keeping on. — Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit...
May 04, 2023•6 min•Transcript available on Metacast Seven West Media is in a world of pain as the free-to-air ad market continues to tumble quarter on quarter. Mercedes-Benz has turned to its Formula One team for help in building more efficient mass-market electric vehicles. Bluesky, the Jack Dorsey-backed Twitter alternative, has seen demand far exceed its limited invite-system - leading to high prices for exclusive invites. — Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store...
May 03, 2023•6 min•Transcript available on Metacast Canva is looking likely to delay its annual employee share sale until the tech industry rebounds. US regulators have taken control of First Republic Bank and then sold it to JP Morgan, one of its biggest competitors, in one of the biggest bank collapses in US history. Amazon shares rose more than 10 per cent after its quarterly report smashed sales projections… but then dropped into negative territory after the follow up conference call. — Build the financial wellbeing of your team with Flux at ...
May 02, 2023•6 min•Transcript available on Metacast Coles has put its Coles Radio account up for tender as it attempts to increase revenues from the lucrative $1 billion retail media advertising sector. Providoor, the online marketplace for high-end restaurants, has shut down and entered liquidation . Aussie retailer Best & Less has received a takeover bid from two retail leaders with an offer less than its current share price. — Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App...
May 01, 2023•6 min•Transcript available on Metacast A big loophole in Australia’s online gambling industry is about to finally be closed. Microsoft’s $69B USD takeover of Activision is in trouble after UK regulators blocked this potentially monumental gaming deal. American coffee-maker, Moccona, is suing Aussie coffee-maker Vittoria over the use of a glass jar. — 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):...
Apr 30, 2023•6 min•Transcript available on Metacast