Shows / What the Flux
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
- What the Flux
Telstra's $140 million Boost | Nissan on the brink of collapse | KFC's profit squeeze
Telstra will acquire Boost Mobile for just under $140 million as it looks to get its hands on 1 million new customers. Nissan, the global car manufacturer, is…
- What the Flux
ATO takes on Big Tech | Virgin & Qatar hearing wedding bells | Uber's subscription battle
The Australian government has approved new legislation that will force multinational companies, like Netflix, Apple and Micrsoft, to pay a minimum of 15% tax -…
What the FluxAirtasker's expansion plans | Webjet's misleading airfares | Trump's trade wars
Airtasker has raised more than $26 million to grow its brand in the US and UK… but it hasn’t raised cash. Webjet is in the firing line after the ACCC alleges…
What the FluxAmazon goes prime on AI | Buffett's hoarding cash | Luxury car sales hit the brakes
Australian car dealers have been forced to sell luxury electric vehicles for a loss after Aussie consumers look for other options. Amazon has doubled its…
What the FluxLovisa's cloudy update | HarperCollins makes a deal with the AI-devil | Amcor's new package arrives
Lovisa, the fast fashion jewellery chain, has seen its revenue growth slow down to less than half of investor expectations HarperCollins has become the first…
What the FluxMe&U cuts 10% jobs | Nvidia richer by $35B | Jaguar sheds off old skin
Me&U, the QR code ordering start up, will lay off around 10% of its workforce – a year after merging with its arch-rival Mr Yum. Nvidia’s share price dropped…
What the FluxCSL's shares get a shot | BlueSky's X-odus | Could Google lose Chrome?
CSL, one of Australia's largest companies, has suffered a 4% drop in its share price after a new leader of the U.S. Health Department was announced. BlueSky…
What the FluxLife360's new surveillance plans | Cettire's drop in demand | The battle of CBA vs Apple
Life360, ASX-listed tracking tech, plans to continue its subscription momentum by expanding its offering to include pets and elderly relatives Cettire, the…
What the FluxXero's profits add up | Amazon bags a Haul | Shopping spree for Shopify shares
Xero, the ASX-listed accounting software, has seen its share price jump to a record-high, despite slowing subscriptions. Amazon has launched a new ultra-low…
What the FluxRex Airline's $80m ticket to fly | Aristocrat Leisure's pivot | Vittoria's freshly brewed court win
Rex Airlines is back in business after after receiving $80 million in funding from the federal government. Aristocrat Leisure, the Australian pokies machine…
What the FluxTikTok & Instagram ban in Australia | Saudi Aramco's profit drop | Coopers Brewery's secret winner
Australians under the age of 16 will banned from using TikTok, Facebook and Instagram under new government legislation Saudi Aramco, the world’s largest oil…
What the FluxTrump-onomics' impact on Australia | Bitcoin’s record high| Big Tech CEOs woo Trump
The governor of the Reserve Bank, Michele Bullock, has said that Australia’s economy could face serious implications after Trump’s promise to increase tariffs…
What the FluxWestpac's profit dip | Google's 20 decillion fine | Peloton goes up a gear... or three
Westpac has announced an annual profit of $7 billion, which is actually a 3% drop from last year as mortgage competition ramps up. Google has been fined 2…
What the FluxWoolworths' e-commerce issues | Apple's got a problem | Meta’s doubling down on AI
Woolworths has warned investors that its earnings for the 6 months to December are looking likely to be 5% below last year’s results. Apple has seen its…
What the FluxInflation hits 3 year low | Dropbox cuts 20% of jobs | Reddit shares earns more karma
Australia’s quarterly inflation is below 3% for the first time since 2021 but the Reserve Bank is still unlikely to make a rate cut next week. Dropbox has…
- What the Flux
Myer's major merger | Zip Co shares up 10% | Volkswagen's worker strike
Myer is the new owner of Just Jeans, Jay Jays and Dotti clothing brands after agreeing to merge with parts of Premier Investment Group. Zip Co has seen its…
- What the Flux
Meta's scam-bot in Australia | McDonald's causes food poisoning | Michael Kors in the wars
Meta is planning to roll out new facial-recognition technology to stop celebrity impersonations that are scamming Aussies out of billions per year McDonalds is…
- What the Flux
Canva preps for IPO | Grilld's cold wages | Tesla's new taxis
Canva has cracked over 200 million active users as it starts to prepare for a future public listing Grill’d, the Aussie burger chain, is under scrutiny for…
- What the Flux
Wisetech's share plummet | Big Tech goes nuclear | Qantas faces more trouble
Aussie tech giant Wisetech has seen its shares drop more more than 22% over the past few days after its founder and CEO has been hit with major scandals…
- What the Flux
Foxtel's cannibalising itself | Flight Centre's deflating update | PepsiCo, I de-shrunk the chips
Foxtel has announced it will start is set to offer sports content and Sky News Australia on its streaming service Binge Flight Centre has seen its share price…
What the FluxCBA hit with $7.5 million fine for spamming | Boeing's turbulent path | AusSuper's desperate for AI exposure
CommBank has been whacked with a $7.5 million fine for sending more than 170 million emails to customers that did not include the option to unsubscribe…
What the FluxVirgin Australia's back in black | IKEA's first sales drop in years | Adobe enters the AI race
Virgin Australia has seen its earnings jump by 18% after it recorded its second profit in a row. IKEA has dropped prices globally to attract more shoppers…
What the FluxChemist Warehouse takes on Visa | Tesla's new car unveiled | New York Times doubles down on women's sport
Chemist Warehouse is taking on Visa and Mastercard by rolling out a new way to pay for your products - QR codes. Tesla has unveiled a new self-driving car…
What the FluxRio Tinto's $9.9 billion bet | Streaming-service Stan may test ads | GYG's spicy share update
Rio Tinto has swum against the lithium-tide by acquiring Arcadium Lithium for $9.9 billion. Stan, the streaming service owned by Nine Entertainment, is…
What the FluxWesfarmers' $6bn profits off Aussie illness | Google loses its advantage | Assassin's Creed going private?
Wesfarmers is expected to generate around $6 billion in revenue this year via its health division because Aussies are getting… sicker. Google will be required…
- What the Flux
Qatar Airways snaps up a chunk of Virgin Australia | LVMH x Formula 1 | Youtube revamps Shorts
Virgin Australia announced last week that Qatar Airways officially plans to buy a 25pc stake in the Aussie airline but there’s still one little, big hold up…
What the FluxSPC's mega-Aussie food merger | Google's new AI acquisition | Origin abandons hydrogen
SPC, the Aussie canned fruit and vegetable producer, has finalised a three-way merger with Original Juice Company and Nature One Dairy - creating a $400…
What the FluxChemist Warehouse profit up 78% | Koala Airlines flies into the airline industry | OpenAI's for-profit transition
Chemist Warehouse has seen its profit jump almost 80% as it gets closer to finalising its merger with Sigma Healthcare. Australia’s airline industry has a new…
What the FluxFortescue & BHP spike after China's announcement | Visa's in hot water | The hidden costs of chocolate
The share price of Australia’s biggest mining companies jumped more than 13% last week after a major stimulus announcement from China VIsa is being sued by the…
What the FluxFoxtel's latest challenge | Google's biggest update in over a decade | Meta's new toy
Warner Bros Discovery has confirmed plans to launch its Max streaming platform in Australia in the first half of 2025. Google Australia is about to roll out…
What the FluxColes and Woolworths alleged to rig prices | RBA pauses the cash rate... again | Intel receives a $5B offer
Woolworths and Coles are in hot water after the ACCC filed a court case alleging that the supermarkets have misled consumers over products on sale. The Reserve…
What the FluxMyer re-commits to private labels | Airbnb's new growth strategy | Nike's share price jumps 7% on major news
Myer’s shares have dropped over 10% after it suffered a fall in its annual sales, but it's doubling down on its private labels like sass & bide, Marcs and…
What the FluxTabcorp's big call | Harvey Norman faces class action | Instagram launches teen accounts | A special guest from moomoo
A new KPMG report shows that Australian CEOs are keen to pull the plug on work from home and bring staff back into the office 5 days a week. Harvey Norman has…
What the FluxCommBank's AI-gents | Microsoft's got too much cash | Goodbye Tupperware parties
CommBank is exploring the possibility of replacing thousands of local call centre staff with an AI-customer service centre. Microsoft has announced a $60…
What the FluxAus Govt vs Meta & X | Microsoft's big cut to Xbox | Temu's about to get more expensive
The Australian government wants to fine social media platforms up to 5% of their global revenue if they don’t stop the spread of misinformation Microsoft is…
- What the Flux
Realestate.com.au to become British? | HESTA pushes for gender targets | Google major court case 2.0
REA Group, the owner of Realestate.com.au, has had its first offer to acquire UK’s Rightmove rejected - but it may come back for more. HESTA, the super fund…
- What the Flux
SafetyCulture's valuation gets a cut | Apple's new iPhone release | Wise brings the challenge to Australia
SafetyCulture, the workplace safety tech company, has raised $165 million, but its valuation took a little bit of a haircut in the process. Apple’s share price…
- What the Flux
Star Entertainment rolls the dice | Oasis tests Ticketmaster's new pricing | Burberry's trench-fall
Star Entertainment, the major casino operator, has put its shares in a trading halt as it looks for ways to survive. Ticketmaster’s owner, LiveNation, is under…
- What the Flux
Coles cuts the liquor | Country Road's slippery slope | Canva's price hike
Coles is cutting two of its liquor chain brands and will fold them under the Liquorland banner to grow sales. Country Road Group has reported a 66% drop in…
- What the Flux
REA Group's UK expansion plans | Abercrombie & Fitch is back from the dead | Airtrunk hits the M&A jackpot
REA Group has announced that it’s considering acquiring Rightmove, the United Kingdom’s largest property platform. Abercrombie and Fitch, the 90’s teen…
- What the Flux
Adore Beauty's new move | Apple to invest in OpenAI | Cettire's revenue problem
Adore Beauty has seen its sales jump more than 7% but now it’s making a slightly unconventional move into the physical world. Apple and Nvidia are in talks to…
- What the Flux
Wesfarmers' secret weapon | Qantas reports 16% profit drop | Nvidia loses momentum
Wesfarmers has seen its annual sales jump to more than $44 billion and it’s putting a heap of praise on one particular business. Qantas has reported a 16% drop…
- What the Flux
No more Down Down for Coles' profit | Bunnings' new retail play | Guzman y Gomez's spicy earnings update
Coles has seen its profit jump to over $1.1 billion…copping applause from shareholders and flak from customers and government. Bunnings, Officeworks and…
- What the Flux
Uber Australia shuts down CarShare | Beyonce gets Whiskey-Drunk in Love | Call Her Daddy's $100m deal
Uber Australia has pulled the pin on its carshare business after an 8-figure Australian acquisition in 2022. Beyonce is launching a new whiskey line in…
- What the Flux
Medibank misses its target | 7-Eleven's $40b takeover | Breville brews record sales
Medibank Private has seen its share price fall after missing its big fat target for member growth. The owner of the 7-Eleven chain globally has been approached…
- What the Flux
Commbank's cash crisis | Advertisers avoid X like the plague | General Motors cuts 1,000 jobs
CommBank has warned that keeping cash at its bank branches is costing it more than $350 million a year. X, formerly known as Twitter, has seen its ad revenue…
- What the Flux
NAB's credit dilemma | Origin's shares dip 10% | Paramount has a new billion-dollar buyer
NAB has announced a $1.75 billion cash profit for the past three months, but it’s facing a pesky problem from its customers. Origin Energy has announced a…
- What the Flux
CommBank's $9.8b profit | Telstra's writing it down | Meta's music collab
CommBank has announced a whopping $9.8 billion cash profit for the past 12 months after growing its customer base even further. Telstra has seen its annual net…
- What the Flux
JB Hi-Fi's beats expectations | Temple & Webster skyrockets 26% | Economic slowdown impacts Seek
JB Hi Fi has seen its full-year profits fall over 16% and investors piled on… in a good way.. Sending its shares up more than 10%. Temple & Webster nearly hit…
- What the Flux
Foxtel up for sale | Mosaic Brands' financial tightrope | Life360 cracks a new milestone
News Corp, the publishing behemoth, has officially put up Foxtel and its streaming services up for sale! The parent company of clothing brands Millers, Katies…
- What the Flux
Nine's share buyback doesn't go to plan | Airbnb shares drop 13% | Warner Brothers' pay-TV battle
Nine Entertainment is expected to wrap up its $220m, two-year share buyback - after a whack in profits and business performance. Airbnb has had its largest…
- What the Flux
Wolf Blass on the chopping block | Google guilty of monopoly | Mars x Kellanova
Treasury Wine Estates, the owner of Penfolds, will sell off some of its cheaper wine brands after budget drinkers tighten their purse strings. A US court has…
- What the Flux
Atlassian's shares plummet | Apple iPhones are back in favour | Intel slashes 15,000 jobs
Atlassian saw its share price plummet after it warned that revenue is expected to slow down over the next year. Apple is back on the winners list after it saw…
- What the Flux
Bottom's up for big brewery | Microsoft's AI challenge | Procter & Gamble's sales hit
An Aussie vodka maker, Billson’s Brewery, that makes a popular ready-to-drink vodka, has gone into voluntary administration. Microsoft saw its shares drop 7%…
- What the Flux
Canva's major AI acquisition | Rex Airlines hits turbulence | Maccas hurt by its expensive burgers
Canva has announced that it will acquire AI startup Leonardo.Ai in a big deal for Australia’s start-up ecosystem. Rex Airlines shares are in a trading halt as…
- What the Flux
Aldi Australia grows market share | OpenAI launches the Google-killer | Hermes' sales up 13%
Aldi Australia has announced that it’s abandoning its plan to offer online shopping because it’s doing fine without it. ChatGPT’s creator, OpenAI, is…
- What the Flux
Deloitte's disappointing day | Tesla's business is changing | Country Road's culture problem
Deloitte Australia has seen its revenue drop by more than $70 million in the last financial year after its consulting division was hit haaard by a slowdown in…
- What the Flux
The Inspired Unemployed's beer-deal fizzles | Mattel may have a buyer | Dolce & Gabbana opens up to respectful investors
The merger between Mighty Craft beverages and The Inspired Unemployed’s Better Beer has fizzled out after Mighty Craft fell into administration. Mattel, the…
- What the Flux
Fortescue greened out | Microsoft's Canva-dupe | EssilorLuxotica goes Supreme
Fortescue Metals Group, one of Australia’s largest companies, has cut 700 jobs across its global workforce after its green ambitions haven’t quite met investor…
- What the Flux
Coco & Eve's $100m payday | Google's historic $23b acquisition | Nvidia vs Trump
An Australian viral beauty brand Coco & Eve has raised $100 million from a US private equity business, which will now take a majority stake in the business…