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.
1211 Episodes
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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.
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 billion USD global fintech giant. It’s the company behind Cash App, Square, music platform TIDAL and of course Afterpay, She started her career in financial services roles across New Zealand, Australia, the UK, and the US before becoming CEO of UBank. From there, she led Suncorp’s Banking & Wealth arm, served on the Xero board, and joined Afterpay just before it became part of Block in 2022. In this conversation, we explored a whole range of fascinating topics including: Bitcoin’s real-world impact and Block’s role in accessibility Building an open global financial ecosystem Lessons in leadership, resilience, and priorities _ Want to learn more about Block? Check out their latest updates here 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.
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 billion USD global fintech giant. It’s the company behind Cash App, Square, music platform TIDAL and of course Afterpay, She started her career in financial services roles across New Zealand, Australia, the UK, and the US before becoming CEO of UBank. From there, she led Suncorp’s Banking & Wealth arm, served on the Xero board, and joined Afterpay just before it became part of Block in 2022. In this conversation, we explored a whole range of fascinating topics including: How growing up in small-town New Zealand shaped her drive to lead The bold career moves that built her global perspective What she’s learned leading in banking vs fintech _ Want to learn more about Block? Check out their latest updates here 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.
Today, we have Angad Soin, the Managing Director for Australia & New Zealand and Global Chief Strategy Officer at Xero. Xero is the cloud-based accounting software that started in New Zealand, listed in Australia and now had 4.4 million subscribers globally in over 180 countries. Angad joined Xero back in 2021, he was elevated to lead Xero’s global strategy function in 2023 and late last year, he took on the added responsibility of leading Xero in Australia and New Zealand - Xero’s biggest region. In this conversation, we explored a whole range of fascinating topics including: How success often comes from doing the things counter to the obvious To scale globally, Xero needed to do less in a few places really well How the “Rule of 40” has evolved into the “Rule of X” because the market rewards growth more than it rewards pure cash flow _ 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.
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 field, but whose also created a second act in investing. Chris played 14 seasons in the AFL, first with West Coast and then Carlton. Over that time he became one of the game’s most decorated players. Captain of both clubs, two Brownlow Medals (2004, 2010) as well as leading West Coast to a premiership in 2006. But what many might not fully know is how serious he’s become in the world of investing. Chris founded Cerutty Macro Fund, operating in a macro equity space. In Part 2 of today’s conversation, we’re going to unpack why Chris believes the real bubble isn’t in AI or gold, the habits and mindset that keep him sharp and finding purpose in the work he was “built to do.” _ 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.
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 field, but whose also created a second act in investing. Chris played 14 seasons in the AFL, first with West Coast and then Carlton. Over that time he became one of the game’s most decorated players. Captain of both clubs, two Brownlow Medals (2004, 2010) as well as leading West Coast to a premiership in 2006. But what many might not fully know is how serious he’s become in the world of investing. Chris founded Cerutty Macro Fund, operating in a macro equity space. In Part 1 of today’s conversation, we’re going to unpack how lessons from elite sport translate to markets, how he evaluates investments, the challenges he’s faced in moving from public figure to fund manager… and maybe even where he’s placing his bets now. _ 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.__ Issued by BlackRock Investment Management (Australia) Limited ABN 13 006 165 975, AFSL 230 523. Refer to FSG available on our website. Before making any investment decisions, you should assess whether the product or service is appropriate for you and read the PDS and TMD available at blackrock.com.au.See omnystudio.com/listener for privacy information.
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 housing trends, spotting shifts in the market and also helping us understand what all those charts and numbers actually mean for everyday Aussies. For anyone unfamiliar with Cotality, it's the country's leading property, data and analytics company. They track every sale, every suburb, and every shift in the market. So Eliza's here today to help us unpack the wild ride that's been 2025's housing market and also crystal ball with some predictions into 2026 as well. _ 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.__ Issued by BlackRock Investment Management (Australia) Limited ABN 13 006 165 975, AFSL 230 523. Refer to FSG available on our website. Before making any investment decisions, you should assess whether the product or service is appropriate for you and read the PDS and TMD available at blackrock.com.au.See omnystudio.com/listener for privacy information.
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 brands from the ground up - taking a leap from a legal career, surviving some of the most difficult years in travel, and now leading a global business that connects millions to curated luxury getaways. In our conversation today, we’ll go deep into how he’s thought about risk, culture, growth, and what luxury travel might look like 10 years from now _ 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.__ Issued by BlackRock Investment Management (Australia) Limited ABN 13 006 165 975, AFSL 230 523. Refer to FSG available on our website. Before making any investment decisions, you should assess whether the product or service is appropriate for you and read the PDS and TMD available at blackrock.com.au.See omnystudio.com/listener for privacy information.
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 has revamped its Myer One loyalty program to bring younger shoppers back to its stores. Football Australia has a plan that would allegedly make it the most expensive sport for gambling companies in Australia. _ 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.
CommSec, CommBank’s trading platform, has seen its profits jump 36% as Aussies try to get their hands into volatile stock markets. Rex Airlines, aka Regional Express, has found a buyer in US aviation company after 15 months in administration. Gucci’s parent company Kering has sold its beauty business to L’Oréal for €4 billion to cut debt and refocus on fashion. _ 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.
ASX-listed Mayne Pharma saw its shares spike 14% after a court ruled that its acquirer cannot terminate its $672 million acquisition offer Ray-Ban maker EssilorLuxottica just hit record sales as smart glasses go from nerdy to need one now Nestlé’s new CEO is cutting 16,000 jobs as it looks to trim costs while also speeding up growth _ 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.
YouTube and Instagram have announced new safety features for kids and teens ahead of Australia’s social media ban. Macquarie Group has sold one of its data centre businesses for $61 billion in the largest global data centre buyout ever. Elon Musk’s AI company xAI has launched two raunchy chatbots Ani and Valentine to drive more engagement on its AI chatbot. _ 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.