What the Flux

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Episodes

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What the Flux

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.

Episodes

Suncorp's secret cyclone saviour | Unilever's plan to rebuild trust | Trump causes global markets to shake

The worst of Cyclone Alfred is officially over and now its time for insurers like Suncorp to count the costs of the insurance claims. Unilever, the consumer goods company behind Dove and Magnum, is completely shifting its marketing strategy to rebuild consumer trust. Global share markets, including the ASX have taken a major hit after Donald Trump warns that the US may go into recession. _ Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play): http://b...

Mar 11, 2025•7 min•Transcript available on Metacast

Country Road (Group)...take me home! | Prada has its eyes on luxury | Gap pops 17%

Country Road Group has seen its earnings fall by more than 70% in the second half of 2025 after too many promotions and discounts Prada Group just strutted past its competitors with full-year revenue jump of 17%...and now it’s taking a look at a juicy acquisition target Gap has seen its share price pop more than 17% after it beat profit estimates… but tariffs are still a major concern _ Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play)...

Mar 09, 2025•7 min•Transcript available on Metacast

Freedom Furniture is ready for sale | Trump's latest crypto piggybank | Anthropic's $61 billion capital raise

Freedom Furniture is officially up for sale after its parent company looks to find a new owner after its big turnaround. Donald Trump has announced plans to build a strategic reserve of five cryptocurrencies - and no surprises here - cryptocurrencies saw a $300 billion USD rally. Anthropic, the AI competitor of ChatGPT, has raised a new round of capital that values the company at more than $61 billion USD. _ Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Goo...

Mar 06, 2025•7 min•Transcript available on Metacast

Amazon Australia's Prime position | Mars plans to sell sweet sweet bonds | Tesla becomes the new challenger to Uber

Amazon Australia has seen its revenue jump to $7.7 billion in the last financial year - up nearly 20% from the previous year. Mars Inc, the snack and sweets giant, is planning to sell $25-$30 billion USD worth of bonds next week to finance its takeover of Kellanova. Tesla is taking steps to launch a ride-sharing service that could compete directly with Uber, Lyft, and Waymo. _ Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play): http://bit.ly/Fluxapp...

Mar 04, 2025•7 min•Transcript available on Metacast

Coles gives Woolworths a beating | Star's last roll of the dice | Nvidia's $500 billion decline

Coles has announced a jump in earnings to over $1.1 billion for the past six months and beats expectations. Star Entertainment Group is fighting a race against time to find new investors ASAP - or else - it may collapse. Nvidia suffered a nearly $500 billion USD fall in its market value after reporting better-than-expected results? _ Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play): http://bit.ly/FluxappGooglePlay   Daily newsletter: https://...

Mar 02, 2025•7 min•Transcript available on Metacast

Woolies' profit struggles | Pointsbet major takeover bet | EY cuts jobs

Woolworths has suffered a 20% decline in its first-half net profit after it struggled with strikes and empty shelves late last year. Pointsbet, one of the largest bookmakers in Australia, has agreed to sell out to a Japan-based rival for $360 million… but it’s not without its controversy. EY Australia has announced it will be cutting 100 jobs from its advisory division after a pullback in client spending. _ Download the free app (App Store): http://bit.ly/FluxAppStore Download the f...

Feb 27, 2025•7 min•Transcript available on Metacast

WiseTech loses $10 billion | Nike's desperate collab with Kim Kardashian | Bybit bitten by $1.5 billion crypto heist

WiseTech has seen its shares plunge more than 24% after four independent board members stepped down this week. Nike has announced a new collaboration with Kim Kardashian’s Skims brand after struggling with declining sales. Bybit, the world’s second-largest cryptocurrency exchange, has allegedly been hacked for $1.5 billion, marking the largest cryptocurrency heist in history. _ Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play): http://b...

Feb 25, 2025•7 min•Transcript available on Metacast

Domain's mega-takeover offer | GyG's international concerns | Apple's cheaper iPhone strategy

Domain, the digital property marketplace, has seen its share price skyrocket 37% after it received a takeover bid by a US giant. Guzman y Gomez, the biggest IPO listing of 2024, says its expecting to beat its prospectus forecasts this financial year…but its share price got whacked for one big reason. Apple released the new iPhone 16e last week as it struggles to compete in the smartphone market against cheaper competitors. _ Download the free app (App Store): http://bit.ly/FluxAppStore Do...

Feb 23, 2025•7 min•Transcript available on Metacast

Telstra’s $1 billion turnaround | Bunnings & Kmart carry Wesfarmers (once again) | Nikola EV truck files for bankruptcy

Telstra has dialled up a net profit of just over $1 billion for the last six months after seeing growth in its mobile biz… and saying goodbye to Foxtel. Wesfarmers has seen its sales and earnings jump in the first half of the financial year thanks to its GOAT performers, Bunnings and Kmart. Nikola, the electric trucking startup, has filed for bankruptcy in the US after struggling to raise money… or find a buyer. _ Download the free app (App Store): http://bit.ly/FluxAppStore Downlo...

Feb 20, 2025•7 min•Transcript available on Metacast

RBA's big rate cut | Bendigo & Adelaide Bank run out of cheap money | The New York Times' AI backflip

The Reserve Bank of Australia has cut the cash rate for the first time since 2020. Bendigo & Adelaide Bank has seen its share price drop by more than 15% this week after it ran out of cheap money. The New York Times has given the all-clear for its staff to use AI tools to write social copy and even editorial ideas. _ 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/fluxne...

Feb 18, 2025•7 min•Transcript available on Metacast

Temple & Webster’s sofa upgrade | Seven West Media’s worst year yet | Treasury Wine no longer selling wines

Temple & Webster has seen its share price fly to an all-time high after its revenue jumped 24% off the back of bathroom fixtures and couches. Seven West Media has seen its worst-ever half year results as it tries to transition away from its free-to-air TV and newspapers. Treasury Wine Estates, the wine giant, has taken its lower-priced wine brands off the sale/divestment market after failing to find a buyer. _ Download the free app (App Store): http://bit.ly/FluxAppStore Download the free ap...

Feb 16, 2025•7 min•Transcript available on Metacast