Qantas has agreed to pay $120 million in compensation to 1,800 former ground handlers who were illegally sacked

Australia’s big four banks have reduced their lending to fossil fuel companies by over 20% in two years after pressure from climate activists

Honda and Nissan have confirmed they are in talks for a mega-merger which could radically change the car market

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ASIC is suing HSBC, the global banking giant, after it alleged that HSBC Australia failed to protect its customers from long-running scams

Premier Investments, the owner of Peter Alexander and Smiggle, recently launched its retailers in the UK - but is struggling to hit the mark so far

TikTok has gone to the US Supreme Court to appeal its potential ban in the US, which is planned to take place on January 19th 2025

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AMP has become the first major superannuation fund to invest in cryptocurrency after investing $27 million into Bitcoin on behalf of its members

Adobe has seen its share price plummet after concerns that its AI tools aren’t being monetised as fast as expected

Foxtel is looking more and more likely to be sold soon as Execs from a British sports platform meet with the Foxtel team

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Meta and Google will be punished by the Australian Government if they choose not to agree to new content deals with media publishers.

Coffee prices have been driven to a record high after a dry spell in Brazil.. And it’s likely to spike up the price of your morning cuppa.

The parent company of women’s clothing brand Katies will shut down all of its stores, alongside 80 more from its other brands Millers, Rivers and Noni B.

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Woolworths has finally come to an agreement with its warehouse staff after a 17 day strike which left stores empty and cost them millions in sales.

China has opened an antitrust investigation into US chipmaker Nvidia, the world’s largest provider of AI processors.

The Reserve Bank of Australia has kept cash rates on hold for the 9th time in a row in their final meeting for 2024.

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ARN Media, the company behind radio stations KIIS FM and Gold, is cutting $20 million in costs as it tries to free up cash in a very tight radio market

The Iconic is suing fast-fashion retailer Shein for infringing on a trademarked name of its in-house label

Bitcoin has passed through the $100,000 USD barrier for the very first time and crypto fans are cheering its price to the moon

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This episode of What The Flux is brought to you by Knose Pet Insurance

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CommBank has backed down from its plan to charge customers $3 to withdraw their own money after enormous backlash.

Salesforce has seen its value jump by more than $30 billion USD after it rolled out a brand new feature… “AI”.

SpaceX, Elon Musk’s space startup, is reportedly gearing up for a $350 billion USD valuation which would make it the world’s most valuable startup.

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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 on the brink of collapse with just 12 months to survive, unless it gets new sources of funding.

The largest operator of KFC stores in Australia has seen its net profit plummet over the past 6 months.

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The Australian government has approved new legislation that will force multinational companies, like Netflix, Apple and Micrsoft, to pay a minimum of 15% tax - finally.

Virgin Australia is one step closer to finalising its partnership with Qatar Airways after the ACCC gave it the all-clear to start selling flights.

Uber is under investigation in the US for making its subscription service, Uber One, too hard to cancel.

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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 it has advertised flights… and the requested additional payments after the booking has been confirmed.

Donald Trump has threatened a huge trade war with Mexico, Canada and China after threatening them with whopping tariffs. 

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Head to helia.com.au/LMI to learn more.

Helia Insurance Disclaimer:

Information is of general information, and does not constitute legal, tax, credit or financial advice, and is not tailored to a home buyer’s specific circumstances. Home buyers should consider their own personal circumstances and seek advice from their professional advisers before making any decisions that may impact their financial position.

Lenders mortgage insurance (LMI) is insurance that protects the credit provider, not the home buyer, and cannot be provided to borrowers. Helia Insurance Pty Limited ABN 60 106 974 305 is the issuer of the LMI policy and holds an Australian Credit Licence Number 393269.

Helia credit activities are limited to credit activities engaged by it as an assignee in relation to providing lender's mortgage insurance (LMI) products or as a credit provider under the doctrine of subrogation in relation to providing LMI products. The information provided in this article does not refer to a credit contract with any particular credit provider.

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