Ola has announced it will officially shut down its ride sharing services in Australia after 6 years as well as other international markets Tesla has reportedly scrapped its plan to build a lower-cost electric vehicle and is focusing on Robotaxis KPMG Netherlands has been hit with a $38 million fine for widespread exam cheating from 2016-2020 — 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 Down...
Apr 11, 2024•7 min•Transcript available on Metacast Qantas has announced a major upgrade to its Frequent Flyer rewards points program which will cost it over $120 million. Woolworths is partnering with the UK’s Tesco supermarket chain, and other big supermarket chains around the world, on a new $190m investment fund. Uber Eats is launching TikTok style videos on its app to improve discovery of eateries. — Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit.ly/FluxAp...
Apr 09, 2024•7 min•Transcript available on Metacast Sydney Airport’s earnings have more than doubled, as Australia’s biggest airport makes the most of our return to flying - in Australia and globally. Canva has finalised a share sale worth $3.6 billion, making some of its staff overnight millionaires. Google’s parent company Alphabet is reportedly looking to acquire CRM and marketing software platform Hubspot. — Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit.ly...
Apr 07, 2024•7 min•Transcript available on Metacast The owner of Sportsbet, which is Australia’s biggest sports betting company, has said the company experienced a big 27% decrease in earnings for the last financial year. Spotify is planning to raise its prices AGAIN in key markets, including Australia - and it’s mostly thanks to... audiobooks. Tesla is location scouting for a new car plant in India that could be worth between $2b-$3b USD. — Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free ...
Apr 04, 2024•8 min•Transcript available on Metacast ASX-listed wine maker, Treasury Wines, is likely to increase prices on Penfolds wines, as China finally loosens tariffs on Aussie wine. Google is planning to destroy users’ ‘incognito mode’ browsing data as part of a lawsuit settlement. WeWork’s founder, Adam Neumann, and several partners are looking to buy WeWork out of bankruptcy for more than $766m. — Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit.ly/FluxAp...
Apr 02, 2024•7 min•Transcript available on Metacast Australia’s big banks and some of the Australia’s biggest retailers have given a financial lifeline to Armaguard to keep the cash transport company alive. The owner of Peter Alexander and Smiggle, Premier Investments, is looking to separate the two retailers from the parent company so they can trade as individual entities. Spotify is testing online-learning courses in its latest content experiment. — Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download...
Mar 26, 2024•7 min•Transcript available on Metacast Reddit’s share price launched 48% on its first day as a listed company last week on the New York Stock Exchange. Unilever is melting away its ice cream division and is axing 7,500 jobs in an effort to cut costs big time. Baraja, the $300m Aussie self driving car tech startup, has allegedly had its value written down to zero by its venture capital investors. — Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit.ly/F...
Mar 24, 2024•7 min•Transcript available on Metacast Chemist Warehouse has announced a profit increase of nearly 30% in the lead up to its proposed merger with Sigma Healthcare. Gucci’s got a problem, and its name is China - yup, we’re talkin’ a share price drop costing Gucci’s owner $10.5 billion. Luxury brand Hermes is facing a class action suit for alleged antitrust behaviour over the sale of its Birkin bags. — Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit.l...
Mar 21, 2024•7 min•Transcript available on Metacast Uber is paying Aussie taxi drivers $272m in big class action settlement Google is looking to partner up with Apple to licence the Google Gemini AI system for the iPhone BHP is reportedly laying off close to 100 staff members at its mega West Musgrave nickel and copper project in Western Australia. — 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.l...
Mar 19, 2024•7 min•Transcript available on Metacast Amazon is recruiting a fleet of contractors to grow its delivery network in Australia, and take on Australia Post. Liquid Death, the canned-water brand that helps you “murder your thirst” has just doubled its valuation… because people actually pay for branded H20. PwC Australia will make more than 320 staff and 37 partners redundant over the next nine months as they try to recover from the tax scandal. — Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Down...
Mar 17, 2024•7 min•Transcript available on Metacast Optus’ owner, Singtel, is looking like to sell the Aussie telco in a multi-multi billion dollar deal. Myer has seen its share pop more than 5% after it managed to stabilise its results… and bring in a new Exec to lead it into the future. TikTok is facing an existential threat as the US House of Representatives has passed a bill to ban app stores from the app. — Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit.ly...
Mar 14, 2024•7 min•Transcript available on Metacast Google Australia is going to split away from Meta as it looks to renegotiate its media deals under the Media Bargaining Code. Elon Musk has announced that xAI, his ChatGPT rival, will make its chatbot, Grok, open source. Pfizer, the biotech that boomed off the back of COVID, has shifted gears and is now focusing on cures for cancer to grow its revenue. — Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit.ly/FluxAp...
Mar 12, 2024•6 min•Transcript available on Metacast Amazon has crossed $3 billion in sales in Australia as it snatches customers from its competitors. Apple has been whacked with a $2B euro fine in Europe for suppressing competition in the music-streaming industry. Tigerlily, one of Australia’s biggest swimwear brands, has fallen into administration for the second time.. In just four 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 Downlo...
Mar 07, 2024•6 min•Transcript available on Metacast Private health premiums in Australia are going to rise by the biggest amount in five years on April 1st. Reddit, the social media platform, is planning to IPO this month on the New York Stock Exchange in the first major tech IPO of 2024. Bitcoin’s value has crossed $100,000 Australian dollars, a new all-time high since it peaked in late 2021. — 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 Dow...
Mar 05, 2024•7 min•Transcript available on Metacast Meta has warned that it won’t renegotiate new Australian media deals as it plans to pull the News tab from its app in Australia. Life360, the ASX-listed family tracking app, has seen its shares skyrocket over 30% as it starts to push ads in the app. Bumble’s love affair with profits has hit a standstill after reporting a $32 million USD net loss in its fourth quarter…and making major cuts to staff. — Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download...
Mar 03, 2024•7 min•Transcript available on Metacast Harvey Norman has seen its pre-tax profit drop by more than 45% because Aussies are feeling the pinch of living. Apple has decided to pull the electric-plug on its self-driving electric car project after 10 years in the making. Disney is teaming up with the largest company in India in a major $8.5 billion USD deal. — 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 P...
Feb 29, 2024•7 min•Transcript available on Metacast Kogan.com has seen its net profit triple over the past six months even as it saw its sales decrease. Adore Beauty has seen its revenue increase to over $100 million for the first half of the financial year, after giving its returning customers more love. Formula 1 has signed its first ever beauty brand partnership - with a luxury cosmetics brand. — 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...
Feb 27, 2024•7 min•Transcript available on Metacast Medibank’s share price has been whacked after it failed to achieve its forecasts thanks to slow member growth. Vice Media is laying off hundreds of jobs and is even shutting down its own website vice.com. Nintendo’s shares have dropped almost 9% after the company delayed the release of the next Switch console. — 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):...
Feb 25, 2024•7 min•Transcript available on Metacast Qantas has announced a 13% drop in half-year profits, but some are seeing this as a positive sign. Nine Entertainment has seen its profit drop by more than 40% for the first half of FY24 after a “markedly weaker ad market”. Nvidia, the hottest chipmaker in the world, has smashed its lofty expectations in the January quarter and its share price has gone berserk. — Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit....
Feb 22, 2024•7 min•Transcript available on Metacast ANZ is one step closer to acquiring Suncorp for $4.9 billion, after a court overturned the ACCC’s decision to reject the acquisition. Star Entertainment’s shares have dropped 22% after a second inquiry into the Sydney Star Casino. The company behind Rip Curl and Kathmandu has seen its shares hit an all-time low after warm weather has hurts their sales. — Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit.ly/FluxAp...
Feb 20, 2024•7 min•Transcript available on Metacast Taylor Swift performed her first set of shows in Melbourne over the weekend and not only is she entertaining crowds, but giving a major boost to the economy. Kmart has announced record earnings for the last six months after an increase in earnings of 26% thanks to beauty and apparel. OpenAI is rolling out a new feature that gives ChatGPT the ability to recall details about their users indefinitely.. So you don’t have to repeat yourself. — Build the financial wellbeing of your team with Flux at W...
Feb 18, 2024•7 min•Transcript available on Metacast Temple & Webster has smashed market expectations after announcing a 23% rise in sales for the past 6 months. Breville, the home appliances giant, has seen its sales take a big hit after it stopped discounting its products. BYD, the Chinese electric car maker - and arch rival to Tesla - expects to almost double sales in Australia this year… and bring an electric ute to the market. — Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (...
Feb 15, 2024•7 min•Transcript available on Metacast JB Hi-Fi has seen its net profit drop by more than 20% but it still excited investors enough to see its share price bounce over 5%. CSL, the blood products giant, saw its market value drop by more than $7 billion after one of its most exciting trials didn’t quite have the results they were looking for. Seek has seen its share price take a beating after paid ads on the platform dropped 20% in the first half of the year. — Build the financial wellbeing of your team with Flux at Work: https://bit.l...
Feb 13, 2024•7 min•Transcript available on Metacast Myer has announced its annual sales hit its highest level since 2005… and more than doubled its profits from pre-COVID. NewsCorp Australia has seen its revenues drop 6% across the past quarter after its advertising revenue copped a big hit. Uber has announced its first ever annual profit, which has pushed its share price to an all-time high. — 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 Down...
Feb 11, 2024•7 min•Transcript available on Metacast AGL Energy has seen its core net profit quadruple in the past 6 months after jacking up energy prices. Cettire, the ASX-listed luxury goods marketplace, has seen its share price jump nearly 35% after its sales exploded like demand for a Hermes handbag. Disney is investing $1.5 billion USD in Epic Games to build a whole new digital Disney world in the hopes of rebuilding its profitability. — Compete in our Valentine's Day Competition "Love at First Spend" by following us on TikTok or Instagram. D...
Feb 08, 2024•7 min•Transcript available on Metacast PwC Australia has launched a new virtual assistant, called ChatPwC, which is meant to help boost the quality of client work. LVMH, the luxury giant, is making a big push to grow its market share in the luxury watch market with a focus on targeting millennials and Gen Z. Fishbowl, the Australian fast-food chain, has launched its first US store and has plans to hit $100 million in revenue this year. — Compete in our Valentine's Day Competition "Love at First Spend" by following us on TikTok or Ins...
Feb 06, 2024•7 min•Transcript available on Metacast Atlassian, the Australian software behemoth, saw $5 billion USD wiped from its market value despite hitting major milestones. Tinder and Hinge’s parent company has seen its quarterly revenue grow 10% as more and more people are looking to find love. F1 champion Lewis Hamilton has made a major sporting move, announcing that he’ll be leaving Mercedes and joining Ferrari in 2025. — Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Sto...
Feb 04, 2024•6 min•Transcript available on Metacast Afterpay's owner Block is reportedly cutting more than 1,000 jobs as it looks to streamline its operations across Australia and around the world TikTok will no longer have music from Taylor Swift, BIllie Eilish and Ariana Grande on their platform after a break down with their record label. Elon Musk is looking like he might become $51 billion USD poorer after a judge has voided his enormous pay package. — Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Dow...
Feb 01, 2024•7 min•Transcript available on Metacast Sara Lee, the famous frozen dessert brand, has been saved from administration by the former owners of Darrell Lea The top 20 pharma companies in the world are at risk of losing $180 billion in sales by 2028, according to a new EY report Godfreys, the iconic Aussie vacuum cleaner retailer, has collapsed into administration after nearly 100 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...
Jan 30, 2024•7 min•Transcript available on Metacast The Prime Minister has announced changes to the ‘Stage 3’ tax cuts that will mean thousands of extra bucks for some low and middle income Aussies Domino’s Pizza has seen its share price plummet nearly 30% after its first half net profit is expected to drop Netflix has struck its biggest deal ever for a live sport with its $5 billion USD deal with the WWE — Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit.ly/Flux...
Jan 28, 2024•7 min•Transcript available on Metacast