To cool the housing market, APRA will force banks to be more conservative when assessing how much new customers can borrow.

 

A2 Milk has been hit with a class action lawsuit by investors who have been disappointed by the poor performance of the company’s share price.

 

Pepsi has been raising its drink prices, and the company says more price hikes could be on the way to offset increases in its own production costs.

 

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Qantas and Emirates are applying for a five-year extension to the agreement that allows them to coordinate pricing and schedules.

 

Facebook and its Instagram and WhatsApp platforms have suffered a worldwide outage that lasted more than six hours.

 

As major car makers struggle to produce cars due to supply shortages, Tesla has delivered a record number of cars.

 

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World leaders, celebrities and billionaires have been caught up in the largest leak of offshore accounts in history - and around 400 Aussies are involved too.

 

Aussies who are fully vaccinated have the chance to win a $1 million prize - it’s all part of a new lottery created by a group philanthropists.

 

Aussie furniture retailer Nick Scali will almost double its size after it announcing it will buy competitor Plush for $103m.

 

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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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Kikki.K could be saved from being wound up (for a second time) after receiving potential acquisition offers.

 

TikTok has partnered with Aussie fintech Immutable to let fans trade online videos as NFTs (non-fungible tokens).

 

As Netflix buys its first video game studio, Sony’s PlayStation is on a spending spree - acquiring almost every studio in can.

 

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Junkee Media, the Aussie youth publisher, is up for sale and could be acquired by the owner of Rolling Stone and Variety magazines.

 

The US government will run out of money by October 18, according to the US Treasury.

 

The “world price of coffee” has increased 21.6% this year, meaning coffee drinkers could soon be paying even more for a cup.

 

---

 

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The Iconic will let customers opt in to reselling their purchases... the second they’ve actually purchased them.

 

Google’s advertising business creates conflicts of interest that harm businesses and consumers - according to a new ACCC report.

 

Lego doubled its earnings in the first six months of the year as customers flocked to its reopened stores to buy Star Wars building sets and plastic flower bouquets.

 

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Woolworths is launching an online marketplace that will rival Amazon and eBay for sales of everything from lego to cat food.

 

Instagram has paused its plans to develop a version of its platform for children under 13 after receiving backlash from critics.

 

China has now made it illegal to buy, sell and mine crypto as the country strives to maintain control of its currency.

 

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Hungry Jack’s is going all in on Australia’s fried chicken wars, and is adding new burgers to its menu to fight KFC.

 

Nike profits are up 23% but major supply chain issues are forcing the company to slash forecasted revenue for this year.

 

Amazon is reportedly planning to open department stores with high-tech dressing rooms and its own apparel brands.

 

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Gambling giant Sportsbet is one of the top 5 advertisers in Australia, spending $139 million on ads and sponsorships last year.

 

Luxury watch maker Rolex says the scarcity of its products isn’t a marketing strategy (even though it’s never been more expensive to buy their products).

 

The EU has revealed plans to standardise phone and laptop charging cords, which could see a major drop in revenue for Apple.

 

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Delivery workers from Australia Post subsidiary StarTrack walked off the job yesterday, threatening disruptions to parcel deliveries nationwide.

 

Netflix has bought the Roald Dahl Story Company - giving it exclusive rights to stories like Matilda and Charlie and the Chocolate Factory.

 

Share trading app Robinhood will begin testing a crypto wallet as it ventures into Coinbase’s lucrative territory.

 

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Flux Daily Quiz - Win prizes: https://quiz.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.