What the Flux
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© 2025 What the Flux
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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.
1222 Episodes
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Seven West Media and Southern Cross Media have announced plans to merge into a $415 million content machine. Optus has been slapped with a $100 million fine for four years of unethical sales conduct Telstra is planning another mass job cut of over 500 jobs as it pushes to hit its new 2030 strategy with AI _ 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.
Atlassian has announced plans to take on Google and Apple with a near-$1 billion acquisition of an AI-powered browse. Nvidia is investing $5 billion USD into its long-time rival Intel that flips a decades-long rivalry into a collaboration. OpenAI, the owner of ChatGPT wants to buy Google’s Chrome… if Google is forced by the courts to sell it _ 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.
ANZ is cutting 4,500 jobs and scaling back consultants in a $560 million restructure under its new CEO. Macquarie has smashed the Big Four banks in July this year, snapping up nearly 40% of all Australian home loans written. Airwallex has pulled off Australia’s second-largest VC raise ever with a $US330 million raise… but it’s not without its controversy. _ 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.
DAZN, the sports streaming platform and Foxtel’s new owner, has made a $936 million USD loss in 2024. YouTube has smashed viewership records and ad revenue as it competes head on with old-school TV channels. Paramount has crashed the Hollywood party with a $108 billion USD hostile bid for Warner Bros Discovery. _ 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, 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 gave the thumbs up. Google has announced its largest acquisition in history - acquiring cybersecurity startup Wiz for $32 billion USD. Meta’s share price has jumped 9% after its quarterly earnings smashed past investor expectations… but the spend-a-thon is continuing. --- Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork 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.
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 of the lifebloods of the Australian economy. It employs millions of Aussies, fills our shopping centres and gives us a real-time read on how confident people are feeling with their money. And 2025 gave us plenty to talk about. Enjoy this episode! --- Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork 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.
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 ASIC is on a fining-spree after hitting companies like Grill’d, Bob Jane and MJ Bale with fines for failing to lodge their financial accounts ChatGPT has officially become the most downloaded free iPhone app for 2025 - meaning it has overtaken TikTok, Instagram and even 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.__See omnystudio.com/listener for privacy information.
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. Paramount has crashed the Hollywood party with a $108 billion USD hostile bid for Warner Bros Discovery. Airwallex has pulled off Australia’s second-largest VC raise ever with a $US330 million raise… but it’s not without its controversy. _ 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 Smiggle and Peter Alexander copped a 12% share price drop because school students aren’t digging its colourful stationery anymore. Spotify has just delivered its biggest ever Wrapped launch, with more than 200 million users jumping in within 24 hours. Lululemon’s founder is trolling the current CEO as he claims the company he started has lost its cool factor. _ 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.
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. Australia’s top electric vehicles have all failed in real-world testing, with some models driving up to 30% less than their advertised battery range. The Magnum Ice Cream Company is demerging from its parent company Unilever and will officially be known as the largest ice cream company in the world. _ 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.
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 upgraded its full-year profit guidance after Aussies get stuck into Zinger burgers. Shopify saw its shares plummet 5% after its suffered major outages on Cyber Monday. _ 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.
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. Google is taking it up to Nvidia in the chip wars as it looks to sell its own proprietary chips to Meta and its share rose 4% on the news. Harvey Norman has seen its sales jump 9% in the last quarter as its international growth pushes the business forward. _ 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.
Temple and Webster shares have crashed over 30% even though it saw strong revenue growth and record customer numbers. Aware Super, one of Australia’s biggest super funds has spent nearly $50 million on marketing its industry super fund last year as the race for super dollars heats up. SkinKandy, the Australian body piercing and jewellery business is prepping for a $400 million IPO… but it doesn’t have history on its side. _ 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.
Tiktok has bought the naming rights to rebrand a major Sydney venue as the ‘Tiktok Entertainment Centre’. Two Aussie tech founders just sold their software monitoring startup for more than $5 billion. The owner of the Daily Mail is dropping £500 million to buy The Daily Telegraph and bring it into its media empire. _ 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 Execs at Reece, the plumbing wizards, have copped a second strike on their pay after shareholders have lost their patience. The owner of Ladbrokes and Neds in Australia is cutting jobs and winding back perks as it tries to stabilise its struggling Aussie business. Monash IVF has reported weaker than expected performance after it feels the after-effects of its embryo transfer mix ups _ 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.
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 outperforms the VERY lofty expectations of investor… and the whole market rises on the news. Adobe has dropped almost $2 billion USD to buy Semrush so it can beef up its marketing and AI tools. _ 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.
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 news. OpenAI has launched a brand new group chat feature for ChatGPT as it quietly tiptoes towards becoming… a social platform. Breaking Rust has just hit #1 on the US country charts with their song “Walk my Walk”... but there’s a serious concern from the music industry. _ 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.
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 released a huge batch of new AI shopping tools that are planning to make your online browsing a whole lot easier. VISA has launched a pilot program that allows businesses to payout stablecoins straight into digital wallets. _ 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.
Menulog has announced it will close its Australian operations after tough competition from global giants has crushed its local market share ASX-listed DroneShield has seen its shares plummet by 30% after a major sell-down from its leadership team Kim Kardashian’s shapewear brand Skims has just raised fresh capital at a $5 billion USD valuation _ 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.
CommBank reported first quarter profits of $2.6 billion with a particular shoutout to their growing home lending and household deposits Australia's social media ban for children under 16 will officially come into effect from the 10th of December, which will be a massive blow for Instagram, Facebook, TikTok, Snapchat, YouTube and many more UNIQLO has defied the competitive retail landscape in Australia and reported a 19.4% jump in sales in the 12 months ending in August. _ 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.
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am living the bite site content and explanations of key news stories . am keen to understand how you decide what you will broadcast for that day?
an enjoyable interview. good to learn more about Treasurers background
This is great! I love bite size news.