What the Flux – Details, episodes & analysis

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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Download the free app (Google Play): http://bit.ly/FluxappGooglePlay 
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.

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.

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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.

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.

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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.

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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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.

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

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

Instagram: http://bit.ly/fluxinsta

Web: https://www.flux.finance/

See omnystudio.com/listener for privacy information.

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

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

Instagram: http://bit.ly/fluxinsta

Web: https://www.flux.finance/

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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 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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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.

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 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.

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.

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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.

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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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.