What the Flux

Today on What the Flux: In Conversation, we’re excited to be joined by Matt Heine, CEO and Managing Director of Netwealth…and Flux’s relatively new corporate overlord.

For those who don’t know, Netwealth is one of Australia’s fastest-growing wealth management and fintech companies - having grown its share price over 450% since its IPO in 2017.

Matt has been working at Netwealth since 2001 and has held roles across sales, marketing and product. He became joint managing director alongside his father Michael Heine in 2015 and became the sole managing director in 2022.

In our conversation today, we’ll dig into how his early experiences shaped him, how he thinks about scaling a platform and what the future of advice and wealth looks like in Australia and globally.

_

Note: This recording took place in February 2026. All numbers noted were accurate as of this date.

Want to lean 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.

In this series, Going Deep, we'll be doing bite-sized explorations into the most interesting industries, businesses and economic events… in Australia and around the world.

For today's episode, we're diving into the Aussie wine crash… a $3 billion export industry that lost its biggest customer overnight and then spent three years drowning in unsold bottles….and what it actually takes to rebuild a billion-dollar industry when the world has moved on without you.

_

Note: This recording took place in February 2026. All numbers noted were accurate as of this date.

Want to lean 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.

In this series, Going Deep, we’ll be doing bite-sized explorations into the most interesting industries, businesses and economic events… in Australia and around the world.

For today's episode, we're diving into the weight loss drug economy - a $58 billion industry built on injections that hack your hunger signal.

We've seen food companies scramble to reformulate their products, airlines calculate what lighter passengers mean for their fuel bill and gyms completely rewrite their pitch.

In this episode, we'll explore how Ozempic and Wegovy went from diabetes treatments to cultural phenomena…and what a world of meaningfully lighter people actually means for business, public health, and your hip pocket.

_

Note: This recording took place in February 2026. All numbers noted were accurate as of this date.

Want to lean 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.

We're back with our new 'In Conversation' series where we'll be bringing you insights from some of Australia's best and brightest leaders.

Today, we're excited to welcome Janey Martino to What the Flux: In Conversation. Janey is a serial founder who has built and exited businesses across media, fintech, and wellness.

She’s founded two businesses that were acquired, co-founded mindfulness app Smiling Mind, which has reached over nine million Australians and last year, she stepped into the CEO seat at KIC - the company that has evolved from a fitness app into a full wellness ecosystem.

_

Note: This recording took place in February 2026. All numbers noted were accurate as of this date.

Want to lean 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.

In this series, Going Deep, we’ll be doing bite-sized explorations into the most interesting industries, businesses and economic events… in Australia and around the world

For today's episode, we’re looking at the decline of Australian retail over the past decade.

We’ve seen David Jones struggle, Mosaic Brands collapse and Myer worth a fraction of its previous value.

In this episode, we’ll explore how cheap imports, online shopping and consumer preferences have shifted… and what this means for Aussie retail into the future.

_

Note: This recording took place in February 2026. All numbers noted were accurate as of this date.

Want to lean 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.

Today we're kicking off our new 'In Conversation' series where we'll be bringing you insights from some of Australia's best and brightest leaders.

In our very first episode, we'll be chatting with Grant Hackett OAM, CEO of Generation Development Group and 3 x Olympic Gold Medallist. You may know Grant Hackett for being unbeaten in the 1500 metre race from 1996 to 2007. What you might not know is that while he was doing all that, he was trading shares, studying commerce & law and quietly planning his second act.

That second act? He's now Group CEO of Generation Development Group (ASX: GDG), which he's helped grow from $694 million to $40 billion in funds under management.

We sat down with Grant for our latest In Conversation episode. He shared his childhood heroes, strange superstitions, public setbacks and the mindset that carried him from the pool to the boardroom.

_

Note: This recording took place in February 2026. All numbers noted were accurate as of this date.

Want to lean 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.

Domain has taken Realestate.com.au’s owner to court over misleading claims… and there’s billions on the line.

Xero has gone an an AI-rampage as it signs a new AI deal with Microsoft Co-Pilot… which is its third big AI deal.

US Ticket reseller StubHub… is being sued by World Cup fans who paid big money for tickets that never showed up.

_

Want to lean 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.

The company behind KFC stores in Australia has posted record sales for the last fiscal year but their focus is on preventing bird flu from hitting their supply chain.

Amazon Australia is being sued by the ACCC… for allegedly sneaking ads onto its streaming platform and then charging customers to remove them.

The owner of Ticketek has started a major restructure and job-cut after it scrambles to win back the events it's been losing left, right and centre.

_

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

Complete the Budget survey for your chance to win 3 x $100 gift cards - takes only 2 mins

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 and Woolies are in the firing line after Australia has just announced world-first supermarket price gouging laws

The NRL has just locked in the biggest broadcast rights deal in Australian sports history… which makes rugby league more valuable than AFL for the first time.

Apple has hiked the price of its Macs, iPads and other Apple products because AI is eating the world's memory supply

_

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

Complete the Budget survey for your chance to win 3 x $100 gift cards - takes only 2 mins

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 19 May. Comments made by BIMAL employees here represent BIMAL’s views only.

This material provides general advice only and does not take into account your individual objectives, financial situation, needs or circumstances. 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 on its website 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.

Qantas and smaller sibling Jetstar are axing flight routes across Australia…and Australians in regional centres are about to feel it

Judo Bank's share price has collapsed more than 40% in a single day after three problem business loans blew up simultaneously

Meta is betting on prediction markets after secretly launching a new standalone app called "Arena"

_

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

Complete the Budget survey for your chance to win 3 x $100 gift cards - takes only 2 mins

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 19 May. Comments made by BIMAL employees here represent BIMAL’s views only.

This material provides general advice only and does not take into account your individual objectives, financial situation, needs or circumstances. 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 on its website 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.