What the Flux

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 been hit with a class action over allegedly selling worthless extended warranties to customers.

Instagram is introducing “teen accounts”, with restrictions in place, hoping of making the platform safer for young people.

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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.

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CommBank is exploring the possibility of replacing thousands of local call centre staff with an AI-customer service centre.

Microsoft has announced a $60 billion share buy back as well as a 10% increase to its quarterly dividend.

Tupperware Brands, the brand behind the kitchen staples, is preparing to file for bankruptcy this week after it struggled to manage more than $700 million USD in debt.

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Download the moomoo app here to get 3 free stocks when you sign up. Conditions apply

Moomoo disclaimer: *Pass-through fees and FX costs not included. *T&C's apply. Applicable to new clients only. Subject to deposit and minimum account balance requirements. AFSL224663. Fractional trading of less than one share is subject to different pricing schedules. The minimum order size for fractional trading is 0.0001 shares. For fractional trading buying, the minimum order amount is U$5.00.

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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.

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 cutting 650 jobs at its Xbox gaming division after its making its biggest acquisition to date -the $69 billion USD purchase of Activision Blizzard

Temu’s parent company, Pinduoduo, saw its share price drop more than 3% on Friday after the US proposed new tariffs on their products

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Download the moomoo app here to get 3 free stocks when you sign up. Conditions apply

Moomoo disclaimer: *Pass-through fees and FX costs not included. *T&C's apply. Applicable to new clients only. Subject to deposit and minimum account balance requirements. AFSL224663. Fractional trading of less than one share is subject to different pricing schedules. The minimum order size for fractional trading is 0.0001 shares. For fractional trading buying, the minimum order amount is U$5.00.

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Download the free app (App Store): http://bit.ly/FluxAppStore
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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.

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, is putting pressure on Australia’s largest companies to adopt gender targets across their entire organisation.

Google is facing its second antitrust trial against the US Department of Justice in just 2 months - for allegedly monopolising the digital advertising industry.

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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.

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 has fallen more than 1% after its annual product launch didn’t quite excite investors as much as expected.

Wise has been granted the Australian financial services licence by ASIC and it’ll be offering new investment products to its customers later this year.

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Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork
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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.

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 investigation after being criticised for inflating the price of concert tickets in the UK…and this issue could soon come to Australia too.

Burberry is set to be dropped from London’s FTSE 100 index after 15 years, as its share price plummets to its lowest price since 2010.

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Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork
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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.

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 annual profit as it struggles to find its footing after breaking away from David Jones.

Canva has jacked up the prices on some its offerings by up to 300% as it plans to for a potential listing in 2026.

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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
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Daily newsletter: https://bit.ly/fluxnewsletter
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Flux on TikTok: https://www.tiktok.com/@flux.finance
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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.

REA Group has announced that it’s considering acquiring Rightmove, the United Kingdom’s largest property platform.

Abercrombie and Fitch, the 90’s teen retailer, has seen its quarterly sales jump to over $1 billion USD after doing a major revamp to its brand.

Airtrunk, the Australian data centre group, has been sold for over $23 billion after a 12 month auction that was heated.

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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.ly/FluxappGooglePlay
Daily newsletter: https://bit.ly/fluxnewsletter
Flux on Instagram: http://bit.ly/fluxinsta
Flux on TikTok: https://www.tiktok.com/@flux.finance
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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.

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 invest in OpenAI as part of its latest capital raise, which would value OpenAI at $100 billion USD.

Cettire’s shares dropped 20% last week after it announced that its annual earnings would be 20% lower than the previous year.

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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
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Daily newsletter: https://bit.ly/fluxnewsletter
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Flux on TikTok: https://www.tiktok.com/@flux.finance
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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.

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 in its annual profit in its first annual update since new CEO Vanessa Hudson stepped in.

Nvidia, the AI chipmaker, exceeded its quarterly guidance on all the key metrics… but its share price dropped more than 7%.

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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.ly/FluxappGooglePlay
Daily newsletter: https://bit.ly/fluxnewsletter
Flux on Instagram: http://bit.ly/fluxinsta
Flux on TikTok: https://www.tiktok.com/@flux.finance
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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.