
Bite-sized business news. 5 minute breakdown of the top 3 Australian or global business stories of the day. Tailor made for busy humans. Hosted by Brett Joffe and Justin Joffe, co-founders of Flux.
All Episodes
The Reject Shop has seen its share price skyrocket 110% after an acquisition offer from Canadian retail giant Dollarama. Jeanswest, the Australian clothing retailer, has entered administration with 90 stores to close and hundreds of jobs lost. AustralianSuper has sold its entire stake in tech giant WiseTech Global after serious concerns over the founder and Board’s conduct. _ Download the free app (App Store): http://bit.ly/FluxAppStorel 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.
27 Mar 2025 | 6 mins
- Federal Budget winners + losers | 23andMe to sell confidential data | James Hardie's botched acquisition
What the Flux
The Labor government dropped their 2025 budget last night…with some big investments and even bigger deficits… if they get re-elected 23andMe, the genetic testing company, has filed for bankruptcy in the US as it tries to sell its assets.. Including its highly confidential customer gene data James Hardie, the ASX-listed global building materials company, has seen its share price plummet after its $14 billion acquisition of a rival _ Download the free app (App Store): http://bit.ly/FluxAppStorel 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.
25 Mar 2025 | 6 mins
- ACCC explores Coles & Woolies breakup | Nike tripping over its own laces | AppleTV+'s $1 billion burn
What the Flux
The ACCC has warned that Coles and Woolworths will not be broken up… But they will face a whole lot more scrutiny. Nike has seen its revenue fall by 9% in the last quarter and warned investors that there’s more pain to come. Apple TV+ is reportedly losing over $1 billion a year even after cutting back on its content spending and winning big at awards shows. _ Download the free app (App Store): http://bit.ly/FluxAppStorel 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.
23 Mar 2025 | 6 mins
Myer has seen its profit tank by 40% in its most recent half as the new CEO focuses on resetting the business. Google has announced its largest acquisition in history - acquiring cybersecurity startup Wiz for $32 billion USD. KFC and Pizza Hut’s parent company, Yum Brands, is teaming up with tech giant, Nvidia, to implement AI ordering in drive-thru lanes. _ 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.
20 Mar 2025 | 6 mins
- HBO's Max & Nine's new partnership | Bunnings' elderly opportunity | Guess shares skyrocket 30%
What the Flux
Warner Bros Discovery is launching its streaming platform Max in Australia this month and will use Nine Entertainment to sell the ads on its cheapest tier. Bunnings is launching a new assisted-living range to tap into Australia’s ageing population and the NDIS. Shares in retailer Guess have skyrocketed more than 30% after a plan to take the company private… But not everyone gets to cash out. _ 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.
18 Mar 2025 | 6 mins
- Disney+ in a new battle with Foxtel | Pokemon Go's $3.5 billion fortune | Zara feeling the pain in the US
What the Flux
Disney is making a big play for a new demographic of customers in Australia as it adds ESPN to Disney+. The owner of Pokemon Go will sell its gaming division for $3.5 billion USD to video game developer Scopely. Zara’s owner has seen its revenue jump to over $12 billion USD for the last quarter… but it’s warned of a very uncertain future because of tariffs and US demand. _ 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.
16 Mar 2025 | 6 mins
- AustralianSuper is in hot water | Spotify's billion dollar payout | Meta's plan to take on Nvidia
What the Flux
AustralianSuper has been sued by ASIC for knowingly delaying the payment of death benefit claims for over 5 years. Spotify paid $10 billion USD to the music industry in 2024, which was the largest payout eveeeer. Meta has begun testing its own AI chip as it tries to swoop in on Nvidia’s market. _ 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.
13 Mar 2025 | 6 mins
- Suncorp's secret cyclone saviour | Unilever's plan to rebuild trust | Trump causes global markets to shake
What the Flux
The worst of Cyclone Alfred is officially over and now its time for insurers like Suncorp to count the costs of the insurance claims. Unilever, the consumer goods company behind Dove and Magnum, is completely shifting its marketing strategy to rebuild consumer trust. Global share markets, including the ASX have taken a major hit after Donald Trump warns that the US may go into recession. _ 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.
11 Mar 2025 | 6 mins
Country Road Group has seen its earnings fall by more than 70% in the second half of 2025 after too many promotions and discounts Prada Group just strutted past its competitors with full-year revenue jump of 17%...and now it’s taking a look at a juicy acquisition target Gap has seen its share price pop more than 17% after it beat profit estimates… but tariffs are still a major concern _ 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.
09 Mar 2025 | 7 mins
- Freedom Furniture is ready for sale | Trump's latest crypto piggybank | Anthropic's $61 billion capital raise
What the Flux
Freedom Furniture is officially up for sale after its parent company looks to find a new owner after its big turnaround. Donald Trump has announced plans to build a strategic reserve of five cryptocurrencies - and no surprises here - cryptocurrencies saw a $300 billion USD rally. Anthropic, the AI competitor of ChatGPT, has raised a new round of capital that values the company at more than $61 billion USD. _ 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.
06 Mar 2025 | 6 mins
- Amazon Australia's Prime position | Mars plans to sell sweet sweet bonds | Tesla becomes the new challenger to Uber
What the Flux
Amazon Australia has seen its revenue jump to $7.7 billion in the last financial year - up nearly 20% from the previous year. Mars Inc, the snack and sweets giant, is planning to sell $25-$30 billion USD worth of bonds next week to finance its takeover of Kellanova. Tesla is taking steps to launch a ride-sharing service that could compete directly with Uber, Lyft, and Waymo. _ 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.
04 Mar 2025 | 7 mins
- Coles gives Woolworths a beating | Star's last roll of the dice | Nvidia's $500 billion decline
What the Flux
Coles has announced a jump in earnings to over $1.1 billion for the past six months and beats expectations. Star Entertainment Group is fighting a race against time to find new investors ASAP - or else - it may collapse. Nvidia suffered a nearly $500 billion USD fall in its market value after reporting better-than-expected results? _ 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.
02 Mar 2025 | 6 mins
Woolworths has suffered a 20% decline in its first-half net profit after it struggled with strikes and empty shelves late last year. Pointsbet, one of the largest bookmakers in Australia, has agreed to sell out to a Japan-based rival for $360 million… but it’s not without its controversy. EY Australia has announced it will be cutting 100 jobs from its advisory division after a pullback in client spending. _ 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.
27 Feb 2025 | 6 mins
- WiseTech loses $10 billion | Nike's desperate collab with Kim Kardashian | Bybit bitten by $1.5 billion crypto heist
What the Flux
WiseTech has seen its shares plunge more than 24% after four independent board members stepped down this week. Nike has announced a new collaboration with Kim Kardashian’s Skims brand after struggling with declining sales. Bybit, the world’s second-largest cryptocurrency exchange, has allegedly been hacked for $1.5 billion, marking the largest cryptocurrency heist in history. _ 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.
25 Feb 2025 | 6 mins
- Domain's mega-takeover offer | GyG's international concerns | Apple's cheaper iPhone strategy
What the Flux
Domain, the digital property marketplace, has seen its share price skyrocket 37% after it received a takeover bid by a US giant. Guzman y Gomez, the biggest IPO listing of 2024, says its expecting to beat its prospectus forecasts this financial year…but its share price got whacked for one big reason. Apple released the new iPhone 16e last week as it struggles to compete in the smartphone market against cheaper competitors. _ 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.
23 Feb 2025 | 6 mins
Telstra has dialled up a net profit of just over $1 billion for the last six months after seeing growth in its mobile biz… and saying goodbye to Foxtel. Wesfarmers has seen its sales and earnings jump in the first half of the financial year thanks to its GOAT performers, Bunnings and Kmart. Nikola, the electric trucking startup, has filed for bankruptcy in the US after struggling to raise money… or find a buyer. _ 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.
20 Feb 2025 | 6 mins
- RBA's big rate cut | Bendigo & Adelaide Bank run out of cheap money | The New York Times' AI backflip
What the Flux
The Reserve Bank of Australia has cut the cash rate for the first time since 2020. Bendigo & Adelaide Bank has seen its share price drop by more than 15% this week after it ran out of cheap money. The New York Times has given the all-clear for its staff to use AI tools to write social copy and even editorial ideas. _ 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.
18 Feb 2025 | 6 mins
- Temple & Webster’s sofa upgrade | Seven West Media’s worst year yet | Treasury Wine no longer selling wines
What the Flux
Temple & Webster has seen its share price fly to an all-time high after its revenue jumped 24% off the back of bathroom fixtures and couches. Seven West Media has seen its worst-ever half year results as it tries to transition away from its free-to-air TV and newspapers. Treasury Wine Estates, the wine giant, has taken its lower-priced wine brands off the sale/divestment market after failing to find a buyer. _ 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.
16 Feb 2025 | 6 mins
- Chemist Warehouse's Day 1 on the ASX | Federal government to save Rex airlines | Reddit struggles without Google
What the Flux
Chemist Warehouse officially launched on the ASX yesterday as its mega-merger with Sigma Healthcare went live. The federal government says it will acquire Rex airlines if there isn’t a buyer for the airline by the end of June. Reddit’s stock has taken a hit after its user growth missed expectations as it struggles to compete with Meta and Google. _ 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.
13 Feb 2025 | 6 mins
- JB-Hi Fi's sales up, share price down | Trump's tariff on Australian goods | Musk's godfather offer for OpenAI
What the Flux
JB-Hi Fi has announced better-than-expected sales growth for the past six months but its share price still fell 5%. Donald Trump has warned of a fresh set of tariffs - and this time, it could affect the Australian economy in a BIG way. A group of investors, led by Elon Musk, has made a $97.4 billion USD offer to buy the non-profit organisation that controls ChatGPT. _ 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.
11 Feb 2025 | 6 mins