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TitreDateDurée
Xero's profits add up | Amazon bags a Haul | Shopping spree for Shopify shares14 Nov 202400:06:35

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.

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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.

_

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—-
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.

Rex Airline's $80m ticket to fly | Aristocrat Leisure's pivot | Vittoria's freshly brewed court win12 Nov 202400:07:00

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
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Daily newsletter: https://bit.ly/fluxnewsletter 
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—-
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.

Wisetech's share plummet | Big Tech goes nuclear | Qantas faces more trouble22 Oct 202400:06:57

Aussie tech giant Wisetech has seen its shares drop more more than 22% over the past few days after its founder and CEO has been hit with major scandals.

Amazon, Google and Microsoft have all invested in nuclear power plants as part of their goals to reduce its carbon emissions.

Qantas could be forced to shell out hundreds of millions of dollars to 1700 illegally sacked workers.

_

Check out the Flux x Raiz Flux Academy this month

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Read the PDS and TMD on the Raiz Invest website or App to understand the risks and decide if Raiz is suitable for you. AFSL 434776

Visit raizinvest.com.au to learn more and read the PDS and TMD to decide if its right for you. AFSL 434776.

Download the free app (App Store): http://bit.ly/FluxAppStore
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—-
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.

Chemist Warehouse's 30% profit | Gucci's $10B China problem | Hermes' class action suit21 Mar 202400:06:35

Chemist Warehouse has announced a profit increase of nearly 30% in the lead up to its proposed merger with Sigma Healthcare.

Gucci’s got a problem, and its name is China - yup, we’re talkin’ a share price drop costing Gucci’s owner $10.5 billion.

Luxury brand Hermes is facing a class action suit for alleged antitrust behaviour over the sale of its Birkin bags.

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—-

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.

Chemist Warehouse, Macpac-owner not paying rent | Snapchat's best day | Payday lenders, BNPL to offer repayment holidays?23 Apr 202000:05:16

Some retailers, such as Chemist Warehouse and Super Retail Group (owner of Macpac and Rebel stores), are refusing to pay rent despite strong financial performance.


Snapchat's share price had its best day in two years after announcing a major rise in revenue, following announcements from Facebook and Twitter that revenue has taken a hit in 2020.


Buy now, pay later providers and predatory 'payday lenders' could be forced to adopt loan repayment freezes, like bank customers have, under new government legislation.


---


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Netflix's big Tiger King bite | Snoop Dogg says yes to Treasury Wines | Oil prices below zero for first time ever22 Apr 202000:05:15

Due to both social distancing, and hit shows like Tiger King, Netflix has added more than 15 million subscribers between January and March.


This week oil prices fell below zero for the first time on record as oil producers run out of space to store the oversupply of oil left by the coronavirus crisis.


Treasury Wine Estates, the Australian company that owns Penfolds and Wolf Blass, has signed a partnership with Snoop Dogg to promote its 19 Crimes brand.


---


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---


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.

Special episode: Virgin Australia | A deep dive into the biggest corporate collapse of the pandemic21 Apr 202000:04:59

Virgin Australia has become the biggest corporate casualty of the COVID-19 pandemic with the company falling into voluntary administration. What does this mean for investors, Qantas and us?


---


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---


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.

Amazon is trying to sell FEWER items | Facebook & Google forced to pay Aus companies | Medical cannabis on the rise20 Apr 202000:05:00

In order to keep up with demand, and to sell fewer items, Amazon is changing its website by removing personalised recommendations.


Facebook and Google are being forced to pay Australian media companies when publishing their news stories - under a world-first code here in Australia.


Prescriptions for medical cannabis are on the rise in Australia, as self isolation and the crumbling economy causes a spike in anxiety.


---


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Facebook page: http://bit.ly/Fluxfacebook

Instagram: http://bit.ly/fluxinsta

Web: https://www.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: house prices will drop soon | Esports soars as sports disappear | Activewear bucks the retail trend19 Apr 202000:04:52

The Commonwealth Bank expects house prices to drop by 10% over the next 6 months because of the coronavirus, with Melbourne and Sydney to experience the biggest drops.


As major sporting competitions are paused due to the coronavirus, Esports is soaring in popularity, with Esports investors seeing returns of over 12% in the last year.


Despite the significant drop in retail sales across Australia, activewear brands are maintaining strong levels of sales compared to other retailers.


---


Facebook group: http://bit.ly/whatthefluxgroup

Facebook page: http://bit.ly/Fluxfacebook

Instagram: http://bit.ly/fluxinsta

Web: https://www.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.

Etihad, Singapore Airlines reject Virgin re-investment request | NIB & other insurers set to offer cash rebates to members | Airwallex somehow raises $250m16 Apr 202000:04:59

Virgin Australia's biggest shareholders, including Etihad and Singapore Airlines, have rejected a request to invest more money into the struggling airline.


Health insurance company NIB is preparing to offer members cash handouts to compensate for lost benefits following the coronavirus shutdown.


A young Australian payments company named Airwallex has managed to raise $250 million despite the pandemic bringing the economy to a halt.


---


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Instagram: http://bit.ly/fluxinsta

Web: https://www.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.

Afterpay's 8 million customers | Disney is Hollywood's no.1 COVID victim | Bubs baby formula soars into China15 Apr 202000:04:52

Afterpay shares jumped 29% as the company announced it now has over 8 million customers despite the global shutdown.


Disney is becoming one of Hollywood's biggest coronavirus victims after being forced to let go 43,000 employees temporarily.


Bubs, the Australian baby formula, has reported its highest revenue for a 3 month period, due to a boom in demand for infant formula in China.


---


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Web: https://www.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.

Westpac cops $1.4bn for breaking rules | Apple & Google unite for COVID | Pubs closed, online alcohol sales soar14 Apr 202000:04:57

Westpac will incur $1.4bn in one-off costs after it breached bank industry rules like anti-money laundering and counter terrorism financing last year.


Traditional Big Tech rivals Apple and Google have joined forces to launch a COVID-19 tracking tool.


Because pubs and restaurants are closed, online sales for alcohol have jumped around 20%, as people embrace new ways to purchase and consume alcohol.


---


Facebook group: http://bit.ly/whatthefluxgroup

Facebook page: http://bit.ly/Fluxfacebook

Instagram: http://bit.ly/fluxinsta

Web: https://www.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.

How lockdown impacts energy bills | Play School meets economics | Mesoblast soars 80% with COVID-19 focus13 Apr 202000:05:15

The world's top economists are debating which alphabetical letter will a post-coronavirus economic recovery look like - with 'V', 'U' and 'W' leading the way.


Shares in Mesoblast, an Australian bio-tech company, jumped 80% last week after the company secured stem cell treatment trials in the US for COVID-19.


With energy bills expected to rise as Australians spend more time at home, consumer groups are lobbying the government and energy companies for financial relief.


---


Facebook group: http://bit.ly/whatthefluxgroup

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---


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.

Chris Hemsworth leads fitness app revolution | H&M closes Aussie stores and takes giant loan | Australia's new tech unicorn09 Apr 202000:05:00

Downloads for at-home fitness apps are soaring, and Chris Hemsworth's Centr is leading the way, as many Australians are forced to exercise from home.


H&M, the Swedish department store, has closed its 49 stores in Australia, with 1300 job loses amid the coronavirus pandemic


Australia has a new 'unicorn' (private tech company with a valuation of a $1bn), HR company Safety Culture - after raising $60m this week.


---


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---


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.

Uber's $272M settlement | Google in talks with Apple | BHP's 100 job cuts19 Mar 202400:07:01

Uber is paying Aussie taxi drivers $272m in big class action settlement

Google is looking to partner up with Apple to licence the Google Gemini AI system for the iPhone

BHP is reportedly laying off close to 100 staff members at its mega West Musgrave nickel and copper project in Western Australia.

Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork

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—-

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.

Airbnb raises $1bn | Netflix-rival Quibi launches | Hostplus changes the game08 Apr 202000:05:00

Airbnb has raised $1 billion from investors to give itself financial comfort as the coronavirus outbreak pauses the entire travel industry.


Quibi, a new streaming service built for mobile phones only, launched this week and was downloaded over 300,000 times on launch day, sending it to No. 3 on the App Store.


Hostplus, the giant superannuation fund, has changed its terms and conditions to delay members from accessing money on short notice.


---


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---


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.

Google tracking data aims to solve COVID-19 | Australia's co-working industry frozen | Spain introduces basic income for all07 Apr 202000:04:51

Australia’s sole proprietors and startups are leaving co-working providers in droves as the coronavirus effectively freezes the co-working industry.


To combat the economic impact of the coronavirus, Spain is introducing an economic policy named Universal Basic Income to help its people survive this period.


Google has released COVID-19 ‘Community Mobility Reports’ to provide insights from Google Maps into how human behaviours have changed since society went into lockdown.


---


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---


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.

13cabs is now 13things | Flight Centre raising $700m while closing stores | SEEK's big drop in job ads06 Apr 202000:05:00

The company that owns 13cabs has launched a new delivery service named 13things as the coronavirus hurts the taxi industry.


Flight Centre is closing a further 800 stores around the world and is raising $700 million from investors so it can survive post pandemic.


SEEK is experiencing a significant fall in job ads as the coronavirus impacts the entire economy.


---


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---


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.

Adore Beauty's personal care sales soar | New bank Judo gets $500m from govt | Honda & Holden-owner GM hook up05 Apr 202000:04:51

Even as demand for makeup drops because people are working from home, Adore Beauty is enjoying a 60% jump in sales for personal care products such as handwash, moisturisers and soap.


Judo Bank, a new Australian bank focused on businesses, has been given $500 million by the government so it can lend to more Aussie businesses.


Honda and General Motors, the owner of the Holden brand in Australia, are teaming up to create a new electric vehicle to rival Tesla.


---


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---


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.

Asahi set to buy Carlton Draught owner | Virgin asks govt for $1.4bn | KPMG, MinterEllison ask staff to take pay cuts02 Apr 202000:05:00

Asahi is buying Australia’s CUB, owner of Carlton Draught and Strongbow, for $16bn. But there is one important condition.


Virgin Australia has asked the government for $1.4bn as it struggles to survive following the coronavirus pandemic.


Professional services firms like KPMG and MinterEllison are asking employees to take pay cuts in response to the coronavirus.


---


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---


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.

Uber rival Bolt exits Australia | China's economy is back? | No cars no revenue for Transurban01 Apr 202000:04:59

Bolt, one of Uber’s main rivals, is pulling out of Australia as demand for ridesharing drops from the coronavirus.


Following the coronavirus, China's economy is rebounding, with 95% of factories reopening in March.


Transurban, the company that owns toll roads and freeways around Australia, has reported a major drop in revenue because there are so few cars on the road due to the coronavirus.


---


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---


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.

Bunnings & Kmart owner Wesfarmers sells part of Coles | Hasbro dominating as kids demand toys and games | ASX Ltd doing 'well' in tough times31 Mar 202000:04:59

Wesfarmers, the company that owns Bunnings, Kmart and Officeworks, is selling part of its ownership in Coles to save money ahead of further economic uncertainty.


Shares in Hasbro jumped 12% last week, due to an increase in demand for toys and games, following coronavirus lockdowns.


ASX Limited, the company that owns the Australian Securities Exchange (ASX), is one of only a few companies that hasn't been hurt by the coronavirus pandemic, with trading volumes increasing in recent weeks.


---


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---


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.

New record: Australia's $130b stimulus | Twitter user numbers are up but revenue is down | Glove love makes Ansell jump30 Mar 202000:04:51

To save jobs and keep businesses alive, the government has announced a $130 billion economic stimulus package - the biggest in Australia's history.


Despite Twitter’s user numbers increasing since the outbreak of the coronavirus, its advertising sales have dropped as companies reduce marketing.


The share price of Ansell jumped 16% yesterday as demand for gloves and protective suits rises due to the coronavirus.


---


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---


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.

Myer stands down 10,000 staff | Woolworths hiring retail and airline workers | Banks pause mortgage repayments29 Mar 202000:04:58

Myer, Australia’s biggest department store, has closed its stores for four weeks and has stood down 10,000.


Woolworths is hiring 20,000 staff to support workers from the retail and airline industries who have lost their jobs during the coronavirus outbreak.


Banks are pausing home loan repayments for Aussies impacted by the coronavirus - but it could impact your credit score.


---


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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.

AFL, NRL fighting for financial life | Deliveroo cleaning up | Big super losses for everyone26 Mar 202000:04:59

Over 1,500 new restaurants have signed up with Deliveroo in the last month, as the coronavirus restricts Australians from eating at restaurants.

Superannuation members have lost up to 15% of their super balances since the coronavirus pandemic, as the share market has tumbled.

Two of Australia’s biggest sport organisations, the AFL and NRL, are fighting hard to stay alive financially after calling off their seasons.

---

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Amazon's secret tool to challenge AusPost | Liquid Death's valuation jump... for water | PwC slashes jobs17 Mar 202400:06:51

Amazon is recruiting a fleet of contractors to grow its delivery network in Australia, and take on Australia Post.

Liquid Death, the canned-water brand that helps you “murder your thirst” has just doubled its valuation… because people actually pay for branded H20.

PwC Australia will make more than 320 staff and 37 partners redundant over the next nine months as they try to recover from the tax scandal.

Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork

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—-

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.

Virgin cuts domestic flights | Swisse Vitamins hot in demand | WeWork left for dead?25 Mar 202000:04:42

Virgin Australia is cutting domestic flights by 90% and is standing down 8,000 employees because of the coronavirus.

Swisse Vitamins has increased production of Vitamin C as Aussies get more cautious about their overall health following the spread of the coronavirus.

SoftBank, the company with big investments in companies like Uber and TikTok, is threatening to pull the plug on saving WeWork from financial collapse.

---

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---

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.

Netflix, Stan asked to reduce data | Farmers, pharmacies thriving | Houseparty's time to shine24 Mar 202000:04:57

The Australian government has asked Netflix and Stan to reduce data to avoid a broadband overload, as Australians work from home.

The farming and pharmacy industries are thriving while many other industries suffer due to the coronavirus and its economic impact.

A video-chat app named Houseparty has achieved over 10 million downloads on Android and even more on iPhone, and has become the hit app of the coronavirus lockdown.

---

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---

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.

Aussie dollar hits rock bottom | Beer companies push for 'essential' status | Louis Vuitton owner donates 40 million masks23 Mar 202000:04:57

The Australian dollar dropped to its lowest point since 2003, which is below its value during the global financial crisis.

Two of Australia's biggest alcohol companies have said Australia could go dry for three months unless they are included as an essential service under the government's lockdown rules.

LVMH, the owner of Louis Vuitton, is ordering 40 million health masks from China to help France cope with the coronavirus outbreak.

---

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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.

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Australia's $66bn stimulus | Air New Zealand bailed out | Meditation apps offering free mindfulness22 Mar 202000:04:59

The Australian government is investing $66bn into the Australian economy to save jobs during the coronavirus crisis.

Air New Zealand has been 'bailed out' by New Zealand's government because it was running out of money due to the coronavirus pandemic.

Meditation apps are offering free mindfulness as social distancing starts to impact mental health.

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Afterpay's recession fears | WhatsApp introduces coronavirus info hub | NBN provides free bandwidth to telcos19 Mar 202000:04:59

Afterpay shares dropped 33% on Wednesday because investors are concerned the company will struggle in a recession.

WhatsApp is introducing a coronavirus information hub in partnership with the World Health Organisation to prevent misinformation and fake news.

The NBN is providing more bandwidth to telcos like Telstra and Optus - for free - to help them cope with increased demand as employees work from home.

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Welcome to What the Flux18 Mar 202000:00:35

Bite-sized business news. 5 minute breakdown of the top 3 Australian or global business news stories of the day. Tailor made for busy humans.

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Virgin cuts all international flights | McDonald's, Starbucks enforce social distancing | Google's Verily screens coronavirus online18 Mar 202000:04:42

Virgin is suspending all international flights and half of its domestic flights for more than 2 months because of the coronavirus.

Social distancing is starting to directly impact some of the biggest companies in the world, with McDonalds, Uber and Starbucks all making big changes.

Google-owned Verily has launched a website that screens people for COVID-19 by asking about symptoms and then points the user in the right direction.

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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.

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Airbnb offers refunds for everyone | Coke struggling on-the-go | Coles, Amazon need more staff due to coronavirus demand17 Mar 202000:04:58

Airbnb is letting its customers cancel their reservations, and get a full refund, as the coronavirus continues to ruin travel plans globally.

Coca-Cola Amatil, the owner of the Coke brand in Australia, has warned that the coronavirus is dramatically impacting sales in convenience stores and on-the-go outlets.

Coles and Amazon are looking to bring on new workers to keep up with coronavirus demand.

---

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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.

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Channel 7 to get Olympics refund? | Crown Casinos enforces social distancing | RBA to print more money?16 Mar 202000:04:57

For the first time, the Reserve Bank of Australia is preparing to introduce 'quantitative easing' (printing money to boost the economy) as a result of the coronavirus.

The owner of Channel 7, Seven West Media, will be repaid in full if the olympics doesn’t go ahead because of the coronavirus.

Crown Resorts, the owner of casinos around the country, is enforcing "social distancing" because of the growing threat of the coronavirus.

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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.

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Coronavirus stimulus package | Telstra forces employees to WFH | Slack & Zoom surge from outbreak15 Mar 202000:04:59

The federal government has announced a $17.6 billion coronavirus stimulus package to help boost Australia’s economy.

Telstra has told all of its Australian staff to work from home as of today as a precaution against the coronavirus.

Teleconference companies, like Zoom and Slack, have surged in demand because of the coronavirus outbreak.

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Optus is for sale | Myer's new loyalty strategy | TikTok's big ban in the US14 Mar 202400:07:05

Optus’ owner, Singtel, is looking like to sell the Aussie telco in a multi-multi billion dollar deal.

Myer has seen its share pop more than 5% after it managed to stabilise its results… and bring in a new Exec to lead it into the future.

TikTok is facing an existential threat as the US House of Representatives has passed a bill to ban app stores from the app.

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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.

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Webjet's cancellation woes | Ramsay Health & Aus Unity team up | Petrol prices drop big time12 Mar 202000:04:54

Webjet, the online travel agency, has reported a major rise in near-term cancellations because of the coronavirus.

Ramsay Health Care has formed a partnership with Australian Unity insurance that is focused on home health care, such as support for chronic diseases and mental health.

The price of oil (and petrol) dropped significantly this week and an oil price war has broken out between Saudi Arabia and Russia.

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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.

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Kikki.K collapses | COVID-19 & the share market | Amazon's big new product11 Mar 202000:05:28

Kikki.K, the upmarket stationery company, has collapsed.

This week has been the most volatile week in global share markets since the global financial crisis in 2008. We explain why.

Amazon has announced a new business line - it will sell its world-first Just Walk Out checkout-less technology to other retailers.

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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.

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Facebook sued by Australia | Qantas CEO foregoes salary | Coles can't keep up with online orders10 Mar 202000:05:40

Facebook is being sued by Australia's privacy watchdog over the Cambridge Analytica data scandal where over 300,000 Australians had their data breached.

The CEO of Qantas will forego his salary for 3 months as the coronavirus forces Qantas to cut international flights.

Coles is telling its online customers to pick up orders rather than have them delivered because it is struggling to keep up with delivery demand following coronavirus panic buying.

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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.

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Grindr sold for $600m | ANZ cuts jobs | A bank runs out of money?09 Mar 202000:05:15

A “neobank” named Xinja has had to stop accepting new customers who want to set up savings accounts due to financial constraints. 

Grindr, the super popular gay dating app, has been sold by a Chinese gaming company for over $600m.

ANZ Bank is cutting over 200 jobs from its private banking and financial planning division, following continuing issues after the royal commission over a year ago.

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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.

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Myer ditched by women | Flight Centre v Fyre Festival | Google's Waymo and its $2.2b raise05 Mar 202000:05:49

Myer has had a 36% drop in profit, following a significant reduction in sales in its key womenswear product range.

Flight Centre has settled a legal challenge from the liquidator of the notorious Fyre Festival.

Waymo, Google’s self-driving car division, has just announced a huge $2.25 billion fundraise this week.

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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.

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Spotlight set to buy Harris Scarfe | Lindt growing... for now | WeWork investor SoftBank trying to avoid disasters04 Mar 202000:05:45

Spotlight, the company known for selling everything from quilts to string, is likely to buy failed Aussie department store Harris Scarfe.

Lindt, the Swiss chocolate maker, has increased profits by over 5% despite its competitors experiencing sluggish growth lately.

Following the failed IPO of WeWork last year, the world’s largest investor in tech startups, SoftBank, has held a special event to help the companies it has invested in prepare for a successful IPO.

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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.

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RBA cuts rates (to boost toilet paper spending) | Apple throttling iPhones | Twitter CEO to go?03 Mar 202000:05:55

The Reserve Bank of Australia has cut interest rates to a new low of 0.5% to deal with the impact of the coronavirus on the Australian economy.

Apple will pay up to $500 million to settle a lawsuit because it slowed down iPhones to entice customers to buy new, better performing iPhones.

An investment company has bought 5% of Twitter and wants use its new ownership to replace its founder and CEO Jack Dorsey.

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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.

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Bega Cheese's fattening court cases | Beyond Meat's growing pains | Apple bans scary tech company02 Mar 202000:05:47

Bega Cheese’s profit has fallen 21% following expensive legal costs from back-to-back court cases against other dairy companies.

Shares in Beyond Meat, known for its meat substitutes, dropped 6% last week even though the company keeps signing up fast-food restaurants like Grill'd and Domino's.

Clearview AI, a controversial facial recognition startup, has been blocked by Apple and its app has been banned from use.

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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.

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Corona beer infected by virus | DoorDash needs money | NRL may change format to attract bigger audience01 Mar 202000:05:58

Shares in the owner of Corona beer, Constellation Brands, fell 8% last week, as the beer brand struggles to escape the association with the coronavirus.

DoorDash, which launched in Australia recently, has filed for a 'confidential' IPO as competition heats up in the food delivery industry.

The NRL is speaking to TV networks and streaming platforms about its next broadcasting deal as it considers following other sports, like cricket, in changing the game's format to attract larger audiences.

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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.

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Vodafone lives in loss city | Disney CEO shock resignation | Crust, Donut King owner's first profit in years27 Feb 202000:05:49

Vodafone Australia lost 275,000 mobile customers last year and almost $280m, which is more than double last year’s financial loss.

Bob Iger, the CEO of Disney, has shocked the entertainment world by suddenly resigning almost two years earlier than planned.

Retail Food Group, the owner of Gloria Jean’s, Donut King and Crust Gourmet Pizza has made a profit for the first time in 3 years.

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Google splits away from Meta in Australia | Musk to open up Grok to the world | Pfizer focuses on curing cancer12 Mar 202400:06:02

Google Australia is going to split away from Meta as it looks to renegotiate its media deals under the Media Bargaining Code.

Elon Musk has announced that xAI, his ChatGPT rival, will make its chatbot, Grok, open source.

Pfizer, the biotech that boomed off the back of COVID, has shifted gears and is now focusing on cures for cancer to grow its revenue.

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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.

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Channel 9 cutting costs | Amazon supermarkets Go checkout-less | Aussie funeral company flying26 Feb 202000:05:50

Nine Entertainment, the owner of Channel 9, is planning to cut costs by $100m over the next 3 years as the TV industry battles to attract audiences and advertisers.

After five years in the making, Amazon is bringing its checkout-less store technology to its first large supermarkets with Amazon Go.

InvoCare, the biggest funeral company in Australia, has announced a 54% increase in profit. The reason why? It's kinda morbid.

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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.

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Blackmores' paw-fect solution | Jeanswest is back | Juul stops sales altogether to avoid minors25 Feb 202000:05:49

Blackmores, the Australian vitamin company, thinks it has found the 'paw-fect' way to lift profits.

Jeanswest, the fashion retailer that collapsed last month, has been sold to a Hong Kong company, saving 680 jobs.

Juul, the company known for its sleek USB-looking e-cigarettes, is stopping sales in Indonesia because it can’t stop retailers from selling its e-cigarettes to minors.

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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.

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