What the Flux

Welcome to What the Flux Unpacked! Where we go deeper into the juiciest business story of the week.

Today, we’re unpacking NextDC, the data centre giant whose shares plunged 40% in a single day.

We dive into how angry locals, blocked power poles, and a delayed Melbourne project sent investors into a panic, and why the biggest challenge in the AI boom might not be building data centres, but getting communities to let you.

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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.

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Important Information: This material has been created with the co-operation of BlackRock Investment Management (Australia) Limited (BIMAL) ABN 13 006 165 975, AFSL 230 523 on 16 October 2026. This material provides general advice only and does not take into account your individual objectives, financial situation, needs or circumstances. Read the Product Disclosure Statement (PDS) and Target Market Determination (TMD) at blackrock.com/au to see if the products referenced are appropriate for you. Before making any investment decision, you should obtain financial advice tailored to you having regard to your individual objectives, financial situation, needs and circumstances. Refer to BIMAL’s Financial Services Guide at blackrock.com/au for more information. This material is not a financial product recommendation or an offer or solicitation with respect to the purchase or sale of any financial product in any jurisdiction.

See omnystudio.com/listener for privacy information.

NAB bank is slashing 2,500 jobs over the next nine months… cutting its workforce by 6 percent.

After many many years working closely together, PepsiCo has been dropped by KFC in the US… and it’s being swapped out for Coca-Cola.

Cadbury is launching limited edition Rugby World Cup products and fan experiences… ahead of the 2027 tournament.

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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  

—-

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.

____

Important Information: This material has been created with the co-operation of BlackRock Investment Management (Australia) Limited (BIMAL) ABN 13 006 165 975, AFSL 230 523 on 16 October 2026. This material provides general advice only and does not take into account your individual objectives, financial situation, needs or circumstances. Read the Product Disclosure Statement (PDS) and Target Market Determination (TMD) at blackrock.com/au to see if the products referenced are appropriate for you. Before making any investment decision, you should obtain financial advice tailored to you having regard to your individual objectives, financial situation, needs and circumstances. Refer to BIMAL’s Financial Services Guide at blackrock.com/au for more information. This material is not a financial product recommendation or an offer or solicitation with respect to the purchase or sale of any financial product in any jurisdiction.

See omnystudio.com/listener for privacy information.

Welcome to What the Flux Unpacked! Where we go deeper into the juiciest business story of the week.

Today, we’re unpacking Lush Cosmetics - the bath bomb maker cutting ties with Australia’s largest shopping landlord. 

We delve into why a brand that relies so much on in-person presence... is pulling itself from sme of the biggest shopping centres in Australia. 

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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  

____

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.

____

Important Information: This material has been created with the co-operation of BlackRock Investment Management (Australia) Limited (BIMAL) ABN 13 006 165 975, AFSL 230 523 on 16 October 2026. This material provides general advice only and does not take into account your individual objectives, financial situation, needs or circumstances. Read the Product Disclosure Statement (PDS) and Target Market Determination (TMD) at blackrock.com/au to see if the products referenced are appropriate for you. Before making any investment decision, you should obtain financial advice tailored to you having regard to your individual objectives, financial situation, needs and circumstances. Refer to BIMAL’s Financial Services Guide at blackrock.com/au for more information. This material is not a financial product recommendation or an offer or solicitation with respect to the purchase or sale of any financial product in any jurisdiction.

See omnystudio.com/listener for privacy information.

Virgin Australia is hiking airfares as fuel prices surge… yet again.

Four Japanese beer makers…Asahi, Suntory, Kirin and Sapporo… are being investigated for allegedly taking part in a price-fixing cartel.

Domino's Enterprises has fired its Australia-New Zealand CEO after less than a year in the top job.

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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  

—-

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 reportedly in talks to bring robots into one of its supermarkets… to turning part of the store into a mini warehouse.

Adidas is taking Aussie fashion label White Fox to court, claiming its four-stripe trackies are a little too close to the famous three.

SpaceX is reportedly lining up a $40 billion loan to buy Nvidia chips… and the chips themselves could be the collateral.

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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  

—-

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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This is issued for information purposes only and does not constitute investment or financial product advice. It expresses no views as to the suitability of the services or other matters described in this document as to the individual circumstances, objectives, financial situation, or needs of any recipient. You should assess whether the information is appropriate for you and consider obtaining independent taxation, legal, financial or other professional advice before making an investment decision. Neither Franklin Templeton Australia, nor any other company within the Franklin Templeton group guarantees the performance of any Fund, nor do they provide any guarantee in respect of the repayment of your capital. 

Please read the relevant Product Disclosure Statement (PDSs) and any associated reference documents before making an investment decision. In accordance with the Design and Distribution Obligations requirements we maintain Target Market Determinations (TMD) for each of our Funds. All documents can be found via www.franklintempleton.com.au or by calling 1800 673 776. 

Issued by Franklin Templeton Australia Limited (ABN 76 004 835 849, AFSL 240827). 

See omnystudio.com/listener for privacy information.

Firmus, the Aussie AI factory builder, has put a near $44 billion price tag on its IPO…which would make it the second-largest IPO in Australian history.

Marley Spoon, the meal kit company, has seen a major turnaround in sales after selling new meal kits for people on Ozempic.

Mattel, the toy maker of Barbie and Hot Wheels, has received takeover interest from a buyer…which could value the biz at $6 billion USD.

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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  

—-

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.

____

This is issued for information purposes only and does not constitute investment or financial product advice. It expresses no views as to the suitability of the services or other matters described in this document as to the individual circumstances, objectives, financial situation, or needs of any recipient. You should assess whether the information is appropriate for you and consider obtaining independent taxation, legal, financial or other professional advice before making an investment decision. Neither Franklin Templeton Australia, nor any other company within the Franklin Templeton group guarantees the performance of any Fund, nor do they provide any guarantee in respect of the repayment of your capital. 

Please read the relevant Product Disclosure Statement (PDSs) and any associated reference documents before making an investment decision. In accordance with the Design and Distribution Obligations requirements we maintain Target Market Determinations (TMD) for each of our Funds. All documents can be found via www.franklintempleton.com.au or by calling 1800 673 776. 

Issued by Franklin Templeton Australia Limited (ABN 76 004 835 849, AFSL 240827). 

See omnystudio.com/listener for privacy information.

The ATO has revealed that more than a quarter of Australia's biggest companies paid zero income tax in FY25.

Getty Images, the company behind basically every stock photo of people shaking hands in an office, is being kicked off the New York Stock Exchange.

The credit card surcharge is officially dead as of yesterday in Australia, but experts reckon that sneaky surcharges might just pop back up somewhere else.

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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  

—-

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 RBA has hiked rates for the fourth time this year, pushing the cash rate to 4.60%, its highest level since 2011.

Cochlear, the Aussie hearing implant maker, has been hit with a shareholder class action five months after its share price fell off a cliff.

Instinct, the AI assistant that does your life admin for you, has quadrupled its valuation to $10 billion in a month… and it doesn't even have an app yet.

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Want to learn how to go from a Saver to Investor in just 7 days - watch our new series here

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  

—-

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.

Myer is hoping Santa can pull its sleigh out of the red, after it made a near-$300 million loss.

An OpenAI agent has hacked into a Medicare data portal… and the government didn't find out for three months.

Vietjet has registered its first Aussie-plated plane and now there’s rumours that Qantas and Virgin could soon have a third wheel on the Golden Triangle.

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Want to learn how to go from a Saver to Investor in just 7 days - watch our new series here

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  

—-

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.

David Jones is losing its luxury glow-up, with Gucci, Dior and Chanel shoes all walking out the door over unpaid bills.

Meta's share price jumped 11% in a single day, which is its biggest pop since early 2025 after its new AI agent hit No. 1 on the US App Store.

Kylian Mbappé has dumped Nike after 20 years to become the face of On, the Swiss sneaker brand that's coming for football's biggest name.

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Want to learn how to go from a Saver to Investor in just 7 days - watch our new series here

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  

—-

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.