What the Flux

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.

  • 7 minutes
    Me&U cuts 10% jobs | Nvidia richer by $35B | Jaguar sheds off old skin

    Me&U, the QR code ordering start up, will lay off around 10% of its workforce – a year after merging with its arch-rival Mr Yum.

    Nvidia’s share price dropped after releasing its quarterly results - but its CEO reckons that the AI gold rush is still going full steam ahead!

    Jaguar, the British carmaker, has rolled out a brand new logo as part of its plans to transform into an electric-only brand.

    _

    Head to helia.com.au/LMI to learn more.

    Helia Insurance Disclaimer:

    Information is of general information, and does not constitute legal, tax, credit or financial advice, and is not tailored to a home buyer’s specific circumstances. Home buyers should consider their own personal circumstances and seek advice from their professional advisers before making any decisions that may impact their financial position.

    Lenders mortgage insurance (LMI) is insurance that protects the credit provider, not the home buyer, and cannot be provided to borrowers. Helia Insurance Pty Limited ABN 60 106 974 305 is the issuer of the LMI policy and holds an Australian Credit Licence Number 393269.

    Helia credit activities are limited to credit activities engaged by it as an assignee in relation to providing lender's mortgage insurance (LMI) products or as a credit provider under the doctrine of subrogation in relation to providing LMI products. The information provided in this article does not refer to a credit contract with any particular credit provider.

    _

    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.

    21 November 2024, 6:00 pm
  • 6 minutes 32 seconds
    CSL's shares get a shot | BlueSky's X-odus | Could Google lose Chrome?

    CSL, one of Australia's largest companies, has suffered a 4% drop in its share price after a new leader of the U.S. Health Department was announced.

    BlueSky, the social media platform competing with X, has seen more than 2 million new users, after the US presidential election.

    Google may be forced to sell off Google Chrome after the US Justice Department pushes for Google to be splt up.

    _

    Head to helia.com.au/LMI to learn more.

    Helia Insurance Disclaimer:

    Information is of general information, and does not constitute legal, tax, credit or financial advice, and is not tailored to a home buyer’s specific circumstances. Home buyers should consider their own personal circumstances and seek advice from their professional advisers before making any decisions that may impact their financial position.

    Lenders mortgage insurance (LMI) is insurance that protects the credit provider, not the home buyer, and cannot be provided to borrowers. Helia Insurance Pty Limited ABN 60 106 974 305 is the issuer of the LMI policy and holds an Australian Credit Licence Number 393269.

    Helia credit activities are limited to credit activities engaged by it as an assignee in relation to providing lender's mortgage insurance (LMI) products or as a credit provider under the doctrine of subrogation in relation to providing LMI products. The information provided in this article does not refer to a credit contract with any particular credit provider.

    _

    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.

    19 November 2024, 6:00 pm
  • 6 minutes 49 seconds
    Life360's new surveillance plans | Cettire's drop in demand | The battle of CBA vs Apple

    Life360, ASX-listed tracking tech, plans to continue its subscription momentum by expanding its offering to include pets and elderly relatives

    Cettire, the luxury goods marketplace, saw its shares drop more than 8%  after struggling with a drop in demand for luxury goods

    CommBank’s CEO says Apple is free-riding on investments made by Australian banks and needs more regulation

    _

    Head to helia.com.au/LMI to learn more.

    Helia Insurance Disclaimer:

    Information is of general information, and does not constitute legal, tax, credit or financial advice, and is not tailored to a home buyer’s specific circumstances. Home buyers should consider their own personal circumstances and seek advice from their professional advisers before making any decisions that may impact their financial position.

    Lenders mortgage insurance (LMI) is insurance that protects the credit provider, not the home buyer, and cannot be provided to borrowers. Helia Insurance Pty Limited ABN 60 106 974 305 is the issuer of the LMI policy and holds an Australian Credit Licence Number 393269.

    Helia credit activities are limited to credit activities engaged by it as an assignee in relation to providing lender's mortgage insurance (LMI) products or as a credit provider under the doctrine of subrogation in relation to providing LMI products. The information provided in this article does not refer to a credit contract with any particular credit provider.

    _

    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.

    17 November 2024, 6:00 pm
  • 6 minutes 35 seconds
    Xero's profits add up | Amazon bags a Haul | Shopping spree for Shopify shares

    Xero, the ASX-listed accounting software, has seen its share price jump to a record-high, despite slowing subscriptions.

    Amazon has launched a new ultra-low cost platform called “Amazon Haul” to compete head-on against Shein and Temu.

    Shopify has seen its share price spike more than 26% after its income more-than-doubled in the most recent quarter.

    _

    Head to helia.com.au/LMI to learn more.

    Helia Insurance Disclaimer:

    Information is of general information, and does not constitute legal, tax, credit or financial advice, and is not tailored to a home buyer’s specific circumstances. Home buyers should consider their own personal circumstances and seek advice from their professional advisers before making any decisions that may impact their financial position.

    Lenders mortgage insurance (LMI) is insurance that protects the credit provider, not the home buyer, and cannot be provided to borrowers. Helia Insurance Pty Limited ABN 60 106 974 305 is the issuer of the LMI policy and holds an Australian Credit Licence Number 393269.

    Helia credit activities are limited to credit activities engaged by it as an assignee in relation to providing lender's mortgage insurance (LMI) products or as a credit provider under the doctrine of subrogation in relation to providing LMI products. The information provided in this article does not refer to a credit contract with any particular credit provider.

    _

    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.

    14 November 2024, 6:00 pm
  • 7 minutes
    Rex Airline's $80m ticket to fly | Aristocrat Leisure's pivot | Vittoria's freshly brewed court win

    Rex Airlines is back in business after after receiving $80 million in funding from the federal government.

    Aristocrat Leisure, the Australian pokies machine maker, has sold its mobile gaming business Plarium Global for up to $820 million USD as it pivots back to poker machines.

    Aussie coffee-maker Vittoria has won a major court case against Moccona over the use of a glass jar.

    _

    Head to helia.com.au/LMI to learn more.

    Helia Insurance Disclaimer:

    Information is of general information, and does not constitute legal, tax, credit or financial advice, and is not tailored to a home buyer’s specific circumstances. Home buyers should consider their own personal circumstances and seek advice from their professional advisers before making any decisions that may impact their financial position.

    Lenders mortgage insurance (LMI) is insurance that protects the credit provider, not the home buyer, and cannot be provided to borrowers. Helia Insurance Pty Limited ABN 60 106 974 305 is the issuer of the LMI policy and holds an Australian Credit Licence Number 393269.

    Helia credit activities are limited to credit activities engaged by it as an assignee in relation to providing lender's mortgage insurance (LMI) products or as a credit provider under the doctrine of subrogation in relation to providing LMI products. The information provided in this article does not refer to a credit contract with any particular credit provider.

    _

    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.

    12 November 2024, 6:00 pm
  • 6 minutes 51 seconds
    TikTok & Instagram ban in Australia | Saudi Aramco's profit drop | Coopers Brewery's secret winner

    Australians under the age of 16 will banned from using TikTok, Facebook and Instagram under new government legislation

    Saudi Aramco, the world’s largest oil producer, has seen its third quarter profits plummet 15% after lower oil prices ate into its margins

    Coopers Brewery, the Australian owned brewery, has seen its profit jump following a pretty unique alcoholic offering

    _

    Head to helia.com.au/LMI to learn more.

    Helia Insurance Disclaimer:

    Information is of general information, and does not constitute legal, tax, credit or financial advice, and is not tailored to a home buyer’s specific circumstances. Home buyers should consider their own personal circumstances and seek advice from their professional advisers before making any decisions that may impact their financial position.

    Lenders mortgage insurance (LMI) is insurance that protects the credit provider, not the home buyer, and cannot be provided to borrowers. Helia Insurance Pty Limited ABN 60 106 974 305 is the issuer of the LMI policy and holds an Australian Credit Licence Number 393269.

    Helia credit activities are limited to credit activities engaged by it as an assignee in relation to providing lender's mortgage insurance (LMI) products or as a credit provider under the doctrine of subrogation in relation to providing LMI products. The information provided in this article does not refer to a credit contract with any particular credit provider.

    _

    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.

    10 November 2024, 6:00 pm
  • 6 minutes 50 seconds
    Trump-onomics' impact on Australia | Bitcoin’s record high| Big Tech CEOs woo Trump

    The governor of the Reserve Bank, Michele Bullock, has said that Australia’s economy could face serious implications after Trump’s promise to increase tariffs.

    The price of bitcoin has hit a new record, jumping more than 10% after Trump's election win.

    Big Tech CEOs are now cozying up to Donald Trump after his win to become the next president of the US - ahead of some likely big change.

    _

    Head to helia.com.au/LMI to learn more.

    Helia Insurance Disclaimer:

    Information is of general information, and does not constitute legal, tax, credit or financial advice, and is not tailored to a home buyer’s specific circumstances. Home buyers should consider their own personal circumstances and seek advice from their professional advisers before making any decisions that may impact their financial position.

    Lenders mortgage insurance (LMI) is insurance that protects the credit provider, not the home buyer, and cannot be provided to borrowers. Helia Insurance Pty Limited ABN 60 106 974 305 is the issuer of the LMI policy and holds an Australian Credit Licence Number 393269.

    Helia credit activities are limited to credit activities engaged by it as an assignee in relation to providing lender's mortgage insurance (LMI) products or as a credit provider under the doctrine of subrogation in relation to providing LMI products. The information provided in this article does not refer to a credit contract with any particular credit provider.

    _

    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.

    7 November 2024, 6:00 pm
  • 6 minutes 58 seconds
    Westpac's profit dip | Google's 20 decillion fine | Peloton goes up a gear... or three

    Westpac has announced an annual profit of $7 billion, which is actually a 3% drop from last year as mortgage competition ramps up.

    Google has been fined 2 undecillion roubles, or $20 decillion USD by a Russian court after blocking Russian state media channels on YouTube.

    Peloton, the connected-fitness company, has seen its shares speed up 22% after its first quarter results smashed expectations… thanks to a key pivot.

    _

    Head to helia.com.au/LMI to learn more.

    Helia Insurance Disclaimer:

    Information is of general information, and does not constitute legal, tax, credit or financial advice, and is not tailored to a home buyer’s specific circumstances. Home buyers should consider their own personal circumstances and seek advice from their professional advisers before making any decisions that may impact their financial position.

    Lenders mortgage insurance (LMI) is insurance that protects the credit provider, not the home buyer, and cannot be provided to borrowers. Helia Insurance Pty Limited ABN 60 106 974 305 is the issuer of the LMI policy and holds an Australian Credit Licence Number 393269.

    Helia credit activities are limited to credit activities engaged by it as an assignee in relation to providing lender's mortgage insurance (LMI) products or as a credit provider under the doctrine of subrogation in relation to providing LMI products. The information provided in this article does not refer to a credit contract with any particular credit provider.

    _

    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.

    5 November 2024, 10:29 pm
  • 6 minutes 58 seconds
    Woolworths' e-commerce issues | Apple's got a problem | Meta’s doubling down on AI

    Woolworths has warned investors that its earnings for the 6 months to December are looking likely to be 5% below last year’s results.

    Apple has seen its quarterly sales jump 5% after investors got their first peak on how its iPhone 16 sales are faring.

    Meta’s shares dropped 4% after its quarterly update warned that AI investments were expected to ramp up.

    _

    Head to helia.com.au/LMI to learn more.

    Helia Insurance Disclaimer:

    Information is of general information, and does not constitute legal, tax, credit or financial advice, and is not tailored to a home buyer’s specific circumstances. Home buyers should consider their own personal circumstances and seek advice from their professional advisers before making any decisions that may impact their financial position.

    Lenders mortgage insurance (LMI) is insurance that protects the credit provider, not the home buyer, and cannot be provided to borrowers. Helia Insurance Pty Limited ABN 60 106 974 305 is the issuer of the LMI policy and holds an Australian Credit Licence Number 393269.

    Helia credit activities are limited to credit activities engaged by it as an assignee in relation to providing lender's mortgage insurance (LMI) products or as a credit provider under the doctrine of subrogation in relation to providing LMI products. The information provided in this article does not refer to a credit contract with any particular credit provider.

    _

    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.

    5 November 2024, 10:28 pm
  • 6 minutes 59 seconds
    Inflation hits 3 year low | Dropbox cuts 20% of jobs | Reddit shares earns more karma

    Australia’s quarterly inflation is below 3% for the first time since 2021 but the Reserve Bank is still unlikely to make a rate cut next week.

    Dropbox has announced it will lay off 20% of its workforce after it struggles through a “transitional period”.

    Reddit’s share price has skyrocketed over 40% following its first-ever profitable quarter. 

    _

    Head to helia.com.au/LMI to learn more.

    Helia Insurance Disclaimer:

    Information is of general information, and does not constitute legal, tax, credit or financial advice, and is not tailored to a home buyer’s specific circumstances. Home buyers should consider their own personal circumstances and seek advice from their professional advisers before making any decisions that may impact their financial position.

    Lenders mortgage insurance (LMI) is insurance that protects the credit provider, not the home buyer, and cannot be provided to borrowers. Helia Insurance Pty Limited ABN 60 106 974 305 is the issuer of the LMI policy and holds an Australian Credit Licence Number 393269.

    Helia credit activities are limited to credit activities engaged by it as an assignee in relation to providing lender's mortgage insurance (LMI) products or as a credit provider under the doctrine of subrogation in relation to providing LMI products. The information provided in this article does not refer to a credit contract with any particular credit provider.

    _

    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.

    31 October 2024, 6:00 pm
  • 6 minutes 40 seconds
    Myer's major merger | Zip Co shares up 10% | Volkswagen's worker strike

    Myer is the new owner of Just Jeans, Jay Jays and Dotti clothing brands after agreeing to merge with parts of Premier Investment Group.

    Zip Co has seen its share price jump more than 10% after announcing its focus on profitability pays off.

    Volkswagen is looking to cut thousands of jobs as part of a major cost-cutting overhaul.

    _

    Head to helia.com.au/LMI to learn more.

    Helia Insurance Disclaimer:

    Information is of general information, and does not constitute legal, tax, credit or financial advice, and is not tailored to a home buyer’s specific circumstances. Home buyers should consider their own personal circumstances and seek advice from their professional advisers before making any decisions that may impact their financial position.

    Lenders mortgage insurance (LMI) is insurance that protects the credit provider, not the home buyer, and cannot be provided to borrowers. Helia Insurance Pty Limited ABN 60 106 974 305 is the issuer of the LMI policy and holds an Australian Credit Licence Number 393269.

    Helia credit activities are limited to credit activities engaged by it as an assignee in relation to providing lender's mortgage insurance (LMI) products or as a credit provider under the doctrine of subrogation in relation to providing LMI products. The information provided in this article does not refer to a credit contract with any particular credit provider.

    _

    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.

    29 October 2024, 6:00 pm
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