The Reserve Bank of Australia has increased the official cash rate by 0.25% to 0.35%.

 

The co-founder of Atlassian, Mike Cannon-Brookes, ain’t finished with AGL. In fact, he’s just bought an 11.3% stake in the company with the plan to vote against its upcoming demerger.

 

Woolworths has recorded an almost 10% jump in sales, and in a big move, the Woolies boss has called for an increase in retail workers’ wages to keep up with rising inflation rates.

 

---

 

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 Store): http://bit.ly/FluxappGooglePlay

Daily newsletter: https://bit.ly/fluxnewsletter

Instagram: http://bit.ly/fluxinsta

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.