What the Flux
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What the Flux
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.
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Biggest tech stories - 2025 Recap
Domain, the Aussie real estate site, will be sold to US real estate giant CoStar in a deal worth $2.8 billion deal after Domain’s majority shareholder...
Biggest retail stories - 2025 Recap
Flux fam, we are back with another WTF recap episode!
Today, we’re looking at some of the biggest retail stories from 2025.
Retail is one...
Social media ban hits retailers | ASIC fines Grill'd and MJ Bale | 2025's most downloaded app
Australia’s world-first under 16 social media ban has officially kicked in and that means TikTok, Meta and Snap are plotting their next move
ASI...
RBA big cash rate call | Paramount cuts Netflix's lunch | Airwallex lands massive VC haul
The Reserve Bank of Australia has paused the cash rate at 3.60% in its final meeting of the year…after inflation reared its ugly ugly head once again....
Smiggle's slump hits Premier Investments hard | Spotify Wrapped breaks records | Lululemon's founder trolls Lululemon CEO
The company behind Smiggle and Peter Alexander copped a 12% share price drop because school students aren’t digging its colourful stationery anymore.<...
H&M Australia's $35 million wage blow-out | Aussie EVs fail testing | Magnum splits from Unilever
H&M Australia is facing a $35 million bill for unpaid wages to Australian staff as it starts to quietly shut down its underperforming stores.
Au...
IGA vs Tobacconists | Aussies fuel KFC profit zing[er] | Shopify tanks after Cyber Monday outage
Metcash has seen its shares fall more than 9% after illegal tobacco casues a $345 million knock in sales.
The owner of KFC Australia stores has...
El Jannah - the billion-dollar chicken chain | Google takes on Nvidia | Harvey Norman's international success
El Jannah, the cult-favourite charcoal chicken chain, is set to be snapped up for almost $1 billion by US private equity giant General Atlantic.
...
Temple & Webster's wild drop | Aware Super's $50m marketing blitz | SkinKandy pierces the IPO market
Temple and Webster shares have crashed over 30% even though it saw strong revenue growth and record customer numbers.
Aware Super, one of Austra...
TikTok's Australian naming rights | Aussie tech founders get a $5 billion payday | Daily Mail acquires British royalty
Tiktok has bought the naming rights to rebrand a major Sydney venue as the ‘Tiktok Entertainment Centre’.
Two Aussie tech founders just sold the...
Reece Plumbing's team gets a second strike | Ladbrokes owner cuts perks | Monash IVF faces a new challenge
The Execs at Reece, the plumbing wizards, have copped a second strike on their pay after shareholders have lost their patience.
The owner of Lad...
Qantas steps up in battle with Virgin Australia | Nvidia outperforms everyone | Adobe's billion-dollar marketing play
Qantas is taking the loyalty battle to Virgin Australia head-on… with a new membership program for Jetstar.
Nvidia keeps the AI boom alive as it...
Airtasker’s US boost | ChatGPT just got social | The #1 country music track with a twist
Airtasker has raised more than $7.5 million from iHeartMedia as part of its plan to expand into the US and UK… but it’s share price got whacked on the...
Xero's profit soars...but its share price doesn't | Google releases AI shopping tools | Visa launches digital currency program
Xero has seen its half-year profit jump 42% but its shares still fell 9% on the news... as investors worry about the its big US push.
Google has...
Menulog shuts down | DroneShield selloff spooks investors | Kim K's Skim's strikes gold
Menulog has announced it will close its Australian operations after tough competition from global giants has crushed its local market share
ASX...
CommBank's home loans pay off | TikTok's time is up in Australia | Uniqlo's Aussie glow-up
CommBank reported first quarter profits of $2.6 billion with a particular shoutout to their growing home lending and household deposits
Austra...
In Conversation with Lee Hatton [Part 2] - From Big Banker to Bitcoin and Block
Today on What the Flux: In Conversation, we’re excited to welcome Lee Hatton
Lee is Block’s Financial Operations Lead,. Block being the $45 bill...
In Conversation with Lee Hatton - The leadership lessons behind Block, Afterpay and Xero
Today on What the Flux: In Conversation, we’re excited to welcome Lee Hatton
Lee is Block’s Financial Operations Lead,. Block being the $45 bill...
In Conversation with Angad Soin - How doing less drove global growth for Xero
Today, we have Angad Soin, the Managing Director for Australia & New Zealand and Global Chief Strategy Officer at Xero.
Xero is the cloud-based...
In Conversation with Chris Judd [Part 2] - Why the best investors embrace being embarrassed
Today on What the Flux: In Conversation, we’re excited to welcome Chris Judd - a name that many of you will associate with greatness on the footy fiel...
In Conversation with Chris Judd - Why being disagreeable might just make you a better investor
Today on What the Flux: In Conversation, we’re excited to welcome Chris Judd - a name that many of you will associate with greatness on the footy fiel...
What the Flux: In Conversation with Eliza Owen - property tips and trends for 2026
Today, we are joined by Eliza Owen, head of Research at Cotality, formerly known as CoreLogic. And Eliza is the go-to guru when it comes to decoding h...
What the Flux: In Conversation with Adam Schwab, CEO and Co-Founder of Luxury Escapes
Today, we’re excited to be joined by Adam Schwab, co-founder and CEO of Luxury Escapes.
Adam has built one of Australia’s most successful travel...
Zip's US biz takes off | Myer revamps its beauty program | Football Australia's pricey playbook
Zip Co, the ASX-listed buy now pay later, has seen its total transaction volume jump 34% in the past quarter as its US business takes off.
Myer...
CommSec's trading profits boom | Rex Airlines has a new US buyer | Gucci-owner sells beauty biz to L’Oréal
CommSec, CommBank’s trading platform, has seen its profits jump 36% as Aussies try to get their hands into volatile stock markets.
Rex Airlines,...
Mayne Pharma's new battle | Ray-Ban smart glasses are all the rage | Nestlé cuts 16,000 jobs
ASX-listed Mayne Pharma saw its shares spike 14% after a court ruled that its acquirer cannot terminate its $672 million acquisition offer
Ray-B...
YouTube and Instagram's big changes in Aus | Macquarie's sells data centre for record amount | Musk introduces raunchy chatbots
YouTube and Instagram have announced new safety features for kids and teens ahead of Australia’s social media ban.
Macquarie Group has sold one...
Treasury Wine hits new decade-low | Labubu-craze expands into Australia | Paramount Skydance eyes Warner Bros Discovery
Treasury Wine Estates’ shares have hit a decade-low after struggling with weak sales and even more challenges in the US.
Pop Mart, the retailer...
CommBank strikes at the core | Netflix wants you to start playing | Foxtel-owner's billion dollar loss
CommBank has officially ditched old school servers, and have shifted their core banking system into Amazon Web Services data centres.
Netflix ha...
Guzman y Gomez's $100 million burrito buy back | Costco and Aldi take on Coles | Salesforce may have a data breach
Guzman y Gomez has launched $100 million share buy back as its sales continue to pick up for the big burrito.
Costco and Aldi are chipping away...
The $1 billion investment from a used car dealer | The ASX has a challenger | Paramount Skydance's $150 million acquisition
Eagers Automotive, the ASX listed car retailer, has invested $1 billion into a Canadian car dealer as it plans for global and domestic expansion
...
Armaguard’s cash deal with the banks | General Pants shuts 25% of stores | Peloton’s AI spin
Cash will remain alive in Australia after Australia’s biggest banks and retailers struck a deal to keep Armaguard delivering the goods.
General...
Seven & Triple M's mega-merger | Trump’s Hollywood tariff | Amazon’s $2.5 billion trap
Seven West Media and Southern Cross Media have announced plans to merge into a $415 million content machine.
Donald Trump has slapped a 100% tar...
RBA hits pause | EA sells for $55 billion - it's in the game | Accenture's AI ultimatum to 800k staff
The RBA has held the cash rate at 3.60% after monthly inflation bounces back faster than expected.
Video-game giant Electronic Arts has agreed t...
Optus' unconscionable conduct costs millions | Smiggle's sales plummet | Alibaba goes all in on AI
Optus has been slapped with a $100 million fine for 4 years of unethical sales conduct
Premier Investments has booked a juicy profit boost… but...
Kathmandu's toughest climb yet | Inflation jump may put RBA cut on hold | Lego's £200m fun-house
Kathmandu’s owner is trying to climb out of the red, but investors are pushing for some serious baggage drop.
Inflation jumps back up to 3%… and...
Myer's share price plummet | Meta's AI wingman for dating | Porsche hits the break on EVs
Myer’s share price has fallen 25% after its poor earnings results shocked investors.
Facebook is trying to cure dating-swipe-fatigue with a new...
Atlassian's acquisition spree | Nvidia becomes BFFs with Intel | Cocoa prices fall
Atlassian has dropped a lazy $1 billion USD to acquire US startup DX…which makes it Atlassian’s biggest acquisition yet.
Nvidia is investing $5...
Santos $36 billion takeover collapses | Meta x Ray-Ban demo flops | Stubhub's IPO mis-timing
Santos, the second biggest oil and gas producer in Australia, has seen its shares plummet 11% after a $36 billion takeover deal collapsed before their...
ANZ in $240 million "crisis" | Apple's Liquid Glass | Gucci-owner delays decision on Valentino acquisition
ANZ has been hit with a record $240 million fine for widespread misconduct across multiple divisions.
Apple has launched its biggest iPhone desi...