Business News

Bite-sized business news from Australia and around the world

Tinder is reinventing itself after years of swipe fatigue, ghosting and emotionally draining small-talk.... and it seems to be working  

Tinder sees its first user growth since 2024 as new Gen Z-focused features help reverse years of dating app fatigue.

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3
min read
· Posted on
May 8, 2026

GameStop has launched a $55.5 billion USD bid for eBay in the boldest sequel to the meme-stock frenzy yet

GameStop shocks markets with a $55.5B bid for eBay, but shares fall as investors question how the deal would even be funded.

Flux team
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3
min read
· Posted on
May 8, 2026

JB Hi-Fi’s sales are still flying, but AI’s obsession with computer chips could make your next laptop cost more than your first car

JB Hi-Fi posts solid sales growth despite retail pressure, but AI-driven chip demand is pushing laptop prices up sharply.

Flux team
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3
min read
· Posted on
May 8, 2026

Duolingo's green owl is having a bad day… shares slumped 11% despite beating targets

Duolingo beat earnings but warned of slower growth as it invests in AI features, sending shares down 11%.

Flux team
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3
min read
· Posted on
May 6, 2026

Chemist Warehouse is taking its catchy jingles to the UK… by buying into a pharmacy chain losing millions

Chemist Warehouse is entering the UK by buying into a loss-making chain, using a brand licensing strategy to expand faster.

Flux team
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3
min read
· Posted on
May 6, 2026

RBA hikes rates to a decade high… and no other economy in the world is doing this right now

The RBA hiked rates to 4.35% for a third straight meeting as inflation forecasts rise, bucking the global pause trend.

Flux team
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3
min read
· Posted on
May 6, 2026

Nine just hit reset on 70 years of TV… as it gets serious about competing against the new-age media players

Nine is overhauling its newsroom, cutting tech platforms and roles as it adapts to falling TV audiences and digital competition.

Flux team
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3
min read
· Posted on
May 4, 2026

LIV Golf is on the edge of bankruptcy… because its Saudi backers are walking off the course

LIV Golf faces an uncertain future as its Saudi backer plans to pull funding, exposing its heavy reliance on one investor.

Flux team
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3
min read
· Posted on
May 4, 2026

ANZ profits rise by 6%… but its shares fall as the competition sprint ahead

ANZ beat profit expectations, but slipping home loan market share kept investors cautious and shares barely moved.

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3
min read
· Posted on
May 4, 2026

Alphabet is proving that AI didn't kill the Google Search star… after it smashed Q1 expectations, banking $107 billion USD

Alphabet posted $107bn in quarterly revenue as AI boosted Cloud growth and helped keep Google Search highly relevant.

Flux team
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3
min read
· Posted on
May 1, 2026

Bega's churning out profits… thanks to TikTok's protein yoghurt obsession

Bega says booming yoghurt demand, fuelled by TikTok wellness trends, could help lift profits nearly 40% by 2031.

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3
min read
· Posted on
May 1, 2026

Woolworths is freezing prices… and its profit forecast is feeling the chill

Woolworths cut its profit outlook as costs rise, choosing to freeze prices on 300 staples to win back shopper loyalty.

Flux team
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3
min read
· Posted on
May 1, 2026

Adidas shares are on a runner's high… after their unlaunched shoes helped break through the 2 hour marathon for the very first time

Adidas turned a record London Marathon run into global marketing gold as demand for its new supershoe surged.

Flux team
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3
min read
· Posted on
April 29, 2026

Amazon pockets $4.77 billion from Aussies… turns out we'll happily pay for convenience

Amazon’s Australian sales surged, but its biggest wins now come from fees, ads and shoppers paying for convenience.

Flux team
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3
min read
· Posted on
April 29, 2026

Google and Meta made nearly $11 billion off Australians last year… but the ATO ain't seeing a lot of that moula

Google and Meta booked billions through Australia, but clever offshore structures kept local tax bills surprisingly low.

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3
min read
· Posted on
April 29, 2026

SpaceX is eyeing a $60 billion AI startup… but Elon wants to try before he buys

SpaceX is weighing a $10B–$60B Cursor deal, testing AI coding software before deciding on a full acquisition.

Flux team
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3
min read
· Posted on
April 27, 2026

Warner Bros Discovery leaves Netflix on read... saying yes to a $110 billion USD Paramount takeover

Warner Bros backed Paramount’s $110B bid, but Hollywood backlash and regulatory hurdles still threaten the mega deal.

Flux team
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3
min read
· Posted on
April 27, 2026

Microsoft invests $25 billion into Australia… but it needs something from Aussies money can’t buy

Microsoft is spending $25B on Australian data centres while pitching jobs, skills and sustainability to win public support.

Flux team
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3
min read
· Posted on
April 27, 2026

Adobe's spending $25 billion buying back its own shares… as Canva and Claude giving it a run for its money

Adobe launches $25B buyback as AI fears hit its stock, using strong cash flow to back confidence and offset dilution.

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3
min read
· Posted on
April 24, 2026

Intrepid Travel says bonjour to its French rival… buying its way to billion dollar status

Intrepid buys French rival Altai to fast-track global growth, adding customers and revenue on its path to $1B bookings.

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3
min read
· Posted on
April 24, 2026

Cochlear had its biggest one-day fall in 30 years... and investors definitely heard it

Cochlear shares plunge after profit downgrade, as demand slows with implants still seen as a delayable expense.

Flux team
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3
min read
· Posted on
April 24, 2026

Apple's got a new head honcho… as Tim Cook steps down after 15 years and 10x growth during his tenure

Apple CEO Tim Cook steps down after 14 years, with long-time exec John Ternus taking over in a stable, carefully planned transition.

Flux team
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3
min read
· Posted on
April 22, 2026

Mecca cashes in $1.43 billion… proving shoppers love a good in-person glow up

Mecca hits $1.43B revenue as immersive in-store experiences drive growth, doubling rival Myer and redefining beauty retail.

Flux team
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3
min read
· Posted on
April 22, 2026

NAB is stashing cash for a rainy day… as it braces for a downpour of bad debt

NAB lifts bad debt provisions to $706M and adds a buffer as rising costs and falling confidence pressure business borrowers.

Flux team
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3
min read
· Posted on
April 22, 2026

Amazon splurges $11.6 billion USD on satellites to try and catch up with Elon Musk’s Starlink

Amazon buys Globalstar for $11.6B to boost satellite internet and bet big on phone-to-satellite connectivity by 2028.

Flux team
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3
min read
· Posted on
April 22, 2026

Gucci teams up with Google on smart glasses… to try make Gucci gucci again

Gucci sales slump pushes Kering into AI eyewear with Google, betting on tech to win back younger, trend-shifting consumers.

Flux team
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3
min read
· Posted on
April 22, 2026

Zip Co’s shares spiked 24% after their earnings upgrade.... as investors buy now and hope it’ll pay off later

Zip Co rebounds with upgraded earnings and strong US growth, proving profitable expansion is back in focus for BNPL players.

Flux team
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3
min read
· Posted on
April 22, 2026

Allbirds ditch sneakers for AI... and the market's lapping it up

Allbirds plunges from $4B to $39M, then pivots to AI — sending shares soaring 600% in a hype-fuelled rebound.

Flux team
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3
min read
· Posted on
April 17, 2026

Uber makes a $10 billion U-turn... pulling into the robotaxi lane

Uber is investing $10B into robotaxis, shifting from asset-light to asset-heavy to compete in the autonomous vehicle race.

Flux team
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3
min read
· Posted on
April 17, 2026

Qantas and Virgin are cutting more flights… because fuel prices are doing all the soaring

Qantas and Virgin cut flights and raise fares as soaring fuel costs squeeze margins and make low-demand routes unprofitable.

Flux team
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3
min read
· Posted on
April 17, 2026

BieberChella reels in millions for the local economy… but are the artists the real headliners?

Coachella drives $600M+ locally while evolving into a content and marketing machine for brands, creators, and influencers.

Flux team
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3
min read
· Posted on
April 15, 2026

IKEA Australia tightens the allen key on its 365-day return policy... and indecisive shoppers might not like it

IKEA cuts its 365-day returns to 60 days as rising costs and customer behaviour turn generous policies into a margin problem.

Flux team
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3
min read
· Posted on
April 15, 2026

MCoBeauty built a beauty brand on smelling like luxury… now it smells like an expensive lawsuit

MCoBeauty’s dupe strategy faces a legal test as Sol de Janeiro sues, claiming copycat products are cashing in on its brand.

Flux team
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3
min read
· Posted on
April 15, 2026

Anthropic's new AI tool, Mythos, is so good at hacking… so even its creators won’t let you near it

Anthropic withholds its powerful Mythos AI model from the public, giving select giants access to stay ahead in the cybersecurity arms race.

Flux team
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3
min read
· Posted on
April 13, 2026

Uniqlo rides the yen drop to its fifth straight record year as Uniqlo becomes the official uniform for 50% of the world

Uniqlo lifts profit outlook after a 30% earnings jump, with global growth and a weaker yen quietly boosting performance.

Flux team
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3
min read
· Posted on
April 13, 2026

SPC's canned goods sales jump by 20% as Aussies hoard canned goods alongside their 2021 toilet paper

SPC canned goods sales jump 20% as shoppers stockpile ahead of price hikes driven by oil shocks and supply chain disruptions.

Flux team
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3
min read
· Posted on
April 13, 2026

Levi Strauss posts its strongest quarterly revenue growth in nearly four years as Gen Z leans into Kennedy-era nostalgia

Levi’s beats tariffs with 14% growth, boosted by Gen Z demand and a surprise pop culture moment driving 517 jeans sales.

Flux team
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3
min read
· Posted on
April 10, 2026

AustralianSuper cuts over $1 billion from its ESG fund because who knew that investing in gambling and alcohol wasn't ethical?!

AustralianSuper cuts $1B from its ESG fund as stricter rules bite and “ethical investing” faces growing scrutiny.

Flux team
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3
min read
· Posted on
April 10, 2026

Canva has acquired two new AI startups because apparently “just a SaaS design tool” isn’t sexy enough for its upcoming IPO

Canva snaps up two more startups, taking its AI buying spree to eight deals as it reshapes its story ahead of a potential IPO.

Flux team
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3
min read
· Posted on
April 10, 2026

From enemies to allies: OpenAI, Google and Anthropic are teaming up to fight a common enemy

OpenAI, Google and Anthropic join forces to combat AI model copying, as distillation concerns spark both commercial and security fears.

Flux team
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3
min read
· Posted on
April 8, 2026

SafetyCulture, built on keeping workplaces safe, is now scrambling to stay “safe” in the AI race by snapping up startups

SafetyCulture acquires AI startup Twine as it ramps up dealmaking to stay competitive in a rapidly evolving AI landscape.

Flux team
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3
min read
· Posted on
April 8, 2026

NextDC, the 15-year-old data centre company, has just locked in a $1 billion, 100-year loan… because AI waits for nobody

NextDC locks in a $1B 100-year bond to fund AI-driven expansion, as investors back long-term bets on data centre demand.

Flux team
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3
min read
· Posted on
April 8, 2026

Shein’s latest drop isn’t a dress...it’s a supply chain...and Australian brands are being asked to try it on

Shein offers Aussie brands its supply chain as a service, trading speed and scale for potential risks to quality and control.

Flux team
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3
min read
· Posted on
April 1, 2026

Canva Australia may look cash flow positive on paper, but a $350 million stock payout shows how it’s designing great staff incentives... not just really good graphics

Canva posts a $242M loss despite strong growth, as $350M in share-based pay boosts cash flow but drags down accounting profit.

Flux team
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3
min read
· Posted on
April 1, 2026

Telstra’s coverage map is getting a trim, after regulators decided that really really reaaallly low signal doesn’t count

Telstra must cut 1M sq km from its coverage claims after new signal standards, reshaping its biggest competitive edge.

Flux team
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3
min read
· Posted on
April 1, 2026

David Jones finds a new way to stay liquid and annoy its suppliers… just delay payments

David Jones extends supplier payments to 60 days to boost cash flow, highlighting the power and risks of working capital management.

Flux team
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3
min read
· Posted on
April 1, 2026

The Royal Challengers Bengalaru have just been sold for $1.8 billion USD...so clearly the biggest hits in modern cricket are happening off the pitch

Blackstone buys IPL’s Royal Challengers for $1.8B, highlighting how cricket teams have become lucrative, asset-like investments.

Flux team
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3
min read
· Posted on
April 1, 2026

Xero’s giving accountants a Claude chatbot… because even the driest industry deserves a bit of a Chatbot personality

Xero teams up with Anthropic to embed AI into its platform, but investors remain unconvinced it’s enough to counter AI disruption fears.

Flux team
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3
min read
· Posted on
April 1, 2026

Pop Mart’s profits jump 300% but shares drop 20% as investors fear that Labubu’s hype is more of a sugar hit than a sustainable business

Pop Mart’s profits are booming, but a 20% share drop shows investors fear its viral toy success may not last.

Flux team
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3
min read
· Posted on
March 27, 2026

Apple Maps is rolling out ads, which means “#1 cafe nearby” might quietly become “most sponsored cafe nearby”

Apple is adding ads to Maps, taking on Google in search ads and tapping into high-value, intent-driven advertising.

Flux team
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3
min read
· Posted on
March 27, 2026

Qantas could lose nearly $500 million in profit as soaring fuel prices turn a smooth earnings flight into serious turbulence

Qantas profits could nearly halve as rising fuel costs bite, with hedging offering only short-term protection.

Flux team
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3
min read
· Posted on
March 27, 2026

Move over Don Draper, Cuttable is rewriting how thousands of ads get made...with its $100 million valuation...and just 8 software engineers

Cuttable hits $100M valuation with just 8 engineers, using AI to build and scale its ad-testing platform faster than traditional teams.

Flux team
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3
min read
· Posted on
March 25, 2026

New Zealand ag-tech startup Halter raises at a $2 billion USD valuation as it looks to trade sheepdogs for smartphones...and still keep the herd in line

Halter’s AI-powered cow collars attract a $2B valuation as it turns livestock into a subscription model in booming precision agriculture.

Flux team
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3
min read
· Posted on
March 25, 2026

Domain, with its new cashed-up owners, takes a shot at Realestate.com.au by adding more features and slowing down its price hikes. Your move REA!

Domain caps price hikes at 4% to undercut REA and win back agents, sacrificing short-term profits to rebuild market share.

Flux team
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3
min read
· Posted on
March 25, 2026

Flight Centre’s acquires a UK creative agency to grow its one-stop shop ambition: book the trip, run the event… and maybe even start packing your suitcase too

Flight Centre buys a creative agency to move beyond flights and become a one-stop shop for corporate travel and events.

Flux team
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3
min read
· Posted on
March 23, 2026

Lamborghini kills its €1.5 billion EV plans because when your customers pay six figures, they expect a roar… not a whisper

Lamborghini scraps EV plans after customer backlash, doubling down on loud engines over silent electric performance.

Flux team
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3
min read
· Posted on
March 23, 2026

Premier Investment's profit falls 13% in the last half, but somehow the $120 Peter Alexander PJ set still makes perfect financial sense

Premier’s profit looks flat, but Smiggle is struggling while Peter Alexander thrives as consumer spending habits split.

Flux team
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3
min read
· Posted on
March 23, 2026

Microsoft thought it had OpenAI all to itself, until Amazon turned up with a $50 billion cheque and a spare spot on the cloud couch

Flux team
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3
min read
· Posted on
March 23, 2026

Meta is pulling Horizon Worlds off VR headsets as the metaverse bill keeps getting uglier...and the next 'frontier' becomes the next flop

Meta pulls Horizon Worlds from Quest after weak adoption, signalling its metaverse vision is falling short of expectations.

Flux team
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3
min read
· Posted on
March 23, 2026

Australia’s fuel giants are under the pump as the ACCC investigates diesel supply drama in the regions

ACCC probes diesel giants as oil prices surge, raising concerns that limited competition is pushing fuel costs even higher.

Flux team
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3
min read
· Posted on
March 23, 2026

After a 95% wipeout in share value, Peloton is pedalling out of your living room and onto the gym floor

Peloton pushes into gyms with commercial gear to revive growth, expanding beyond homes as consumer demand slows.

Flux team
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3
min read
· Posted on
March 20, 2026

Google Maps just dropped “Ask Maps” so even if you’re hopeless with directions, there’s officially no excuse to get lost anymore

Google adds “Ask Maps” AI to turn navigation into a chatbot, as it fights Apple Maps by upgrading its most-used product.

Flux team
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3
min read
· Posted on
March 20, 2026

It’s a 5-4 nail-biter at the Reserve Bank of Australia meeting, but Team "Rate Hike" sneaks home to lift the cash rate to 4.10%

The RBA lifts rates to 4.1% as oil-driven inflation rises, showing how global shocks are hitting Aussie households and mortgages.

Flux team
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3
min read
· Posted on
March 20, 2026

Bumble’s user base may be ghosting the app, but share price jumped more than 30% after a surprise earnings glow-up

Bumble’s stock jumped 30% despite falling users and revenue, as cost cuts and higher revenue per user boosted profitability.

Flux team
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3
min read
· Posted on
March 16, 2026

After McDonald’s CEO took the world’s most cautious bite of the Big Arch, rival fast-food bosses rushed in to prove they actually like eating their own burgers

McDonald’s CEO went viral tasting a new burger, and by leaning into the meme, the chain scored 5.8B impressions and boosted sales.

Flux team
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3
min read
· Posted on
March 16, 2026

Qantas has paid a $105 million class action settlement after customers spent years chasing refunds for cancelled COVID flights

Qantas will pay $105M to settle a class action over COVID flight credits after passengers waited up to three years for refunds.

Flux team
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3
min read
· Posted on
March 16, 2026

The Inspired Unemployed have gone from posting skits to pouring profits as their low-carb Better Beer cracks open a $15 million raise

Better Beer is raising up to $15M to expand its fast-growing low-carb beer brand, proving influencers can turn social media followings into real businesses.

Flux team
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3
min read
· Posted on
March 16, 2026

AustralianSuper, Australia’s biggest super fund, wants a credit card for its $410 billion retirement piggy bank

AustralianSuper wants super funds to borrow money for the first time in 30+ years, arguing it could prevent forced asset sales in market downturns.

Flux team
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3
min read
· Posted on
March 16, 2026

Atlassian built software to help teams collaborate… but it's now collaborating with AI to cut 1,600 jobs

Atlassian is cutting 10% of its workforce as AI reshapes software and investors worry the so-called “SaaSpocalypse” could disrupt SaaS business models.

Flux team
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3
min read
· Posted on
March 16, 2026

Robinhood promises retail investors a seat behind Silicon Valley’s velvet rope… but the crowd isn’t exactly rushing the door

Robinhood launches a fund giving retail investors access to private startups like Stripe, but demand falls short and shares drop on debut.

Flux team
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3
min read
· Posted on
March 11, 2026

Koala rolls out plans for its April IPO… but the valuation’s a little less king-size than planned

Koala plans an ASX IPO at a $305M valuation, well below earlier hopes, showing how weaker investor sentiment can reshape listing ambitions.

Flux team
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3
min read
· Posted on
March 11, 2026

Black might be the most flattering colour in fashion… but The Iconic just discovered it looks even better on the balance sheet

The Iconic posts its first profit after 14 years of losses, thanks largely to a marketplace model that cuts inventory risk and boosts commission revenue.

Flux team
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3
min read
· Posted on
March 11, 2026

Australia’s airports made $402m from parking....Boarding pass? Check. Suitcase? Check. Financial mugging at the car park? Also check

Australia’s biggest airports earned $402M from parking in 2025, highlighting the lucrative power of airport monopolies.

Flux team
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3
min read
· Posted on
March 6, 2026

Amazon rewrites the Audible playbook with unlimited listening… after Spotify crashed the library

Audible launches a cheaper streaming-style audiobook plan as Spotify expands into audiobooks with its bundled Premium offering.

Flux team
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3
min read
· Posted on
March 6, 2026

Radio drama has turned into a market rally as the fallout from the Kyle and Jackie O breakup boosts ARN's shares

ARN Media shares jumped after Jackie Henderson quit The Kyle and Jackie O Show, raising hopes the company could reset its costly talent deal.

Flux team
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3
min read
· Posted on
March 6, 2026

OpenAI bags $110 billion as Amazon and Nvidi pile in… and conveniently get paid back through chips, cloud and compute

OpenAI raises $110B at a $730B valuation as Amazon, Nvidia and SoftBank fund the AI boom—while also supplying its infrastructure.

Flux team
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3
min read
· Posted on
March 6, 2026

Lyka fetches $67 million in capital as Australians treat their dogs less like pets and more like toddlers...with fur

Lyka raises $67M after hitting $200M ARR, expanding its premium fresh dog food business as pet owners spend more on human-grade meals.

Flux team
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3
min read
· Posted on
March 6, 2026

News Corp is giving itself a media glow-up as it starts to pitch its journalism as critical data for the AI economy... not just newspapers

News Corp cuts costs, sells Foxtel and signs a $250M deal with OpenAI to reposition its media archives as vital data inputs for the AI economy.

Flux team
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3
min read
· Posted on
March 6, 2026

Budget Direct compensates 39,0000 customers after vanishing its discounts...so this is how cheap insurers make their money?

ASIC alleges Budget Direct removed discounts after minor policy changes, impacting 39,000 customers and triggering $3.3m in repayments.

Flux team
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3
min read
· Posted on
March 2, 2026

Woolworths’ chatbot Olive goes rogue, confusing customer service with counselling as it trauma-dumps about its mum

Woolworths’ chatbot Olive glitched with odd replies, but the retailer is doubling down on AI with a major Google upgrade.

Flux team
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3
min read
· Posted on
March 2, 2026

CommBank has dobbed itself in after spotting up to $1 billion in home loans that look more ChatGPT than payslip

CBA flagged $1B in AI-linked home loan fraud via brokers, exposing oversight risks despite loans still being repaid.

Flux team
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3
min read
· Posted on
March 2, 2026

WiseTech cuts 2,000 roles as AI becomes the new boss of the supply chain

WiseTech will cut 2,000 jobs in an AI overhaul, betting automation can reset costs despite a 36% profit slump.

Flux team
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3
min read
· Posted on
March 2, 2026

Chemist Warehouse gets its first annual ASX-check-up... and it rings up bigger profits and bigger international plans

Sigma lifted earnings 18.7% after its Chemist Warehouse merger, as strong domestic sales fund patient global expansion.

Flux team
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3
min read
· Posted on
March 2, 2026

Qantas banks $1.46 billion in half-year earnings as its Frequent Flyer tweaks aim to keep Aussies loyal to the Roo

Qantas lifted profit to $1.46b as Loyalty jumped 12%, while tweaking Frequent Flyer rules to strengthen customer retention.

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3
min read
· Posted on
March 2, 2026

Donald Trump turns his Supreme Court loss into a 15% tariff-power-play...and Australia risks losing its mates rates

After the Supreme Court struck down his tariffs, Trump proposed a blanket 15% rate — erasing Australia’s trade edge.

Flux team
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3
min read
· Posted on
February 27, 2026

Adore Beauty’s Black Friday makeover smudges profits… with 70% wiped off in one swipe

Adore Beauty’s sales rose 8.7%, but heavy Black Friday discounting sent profit down 70%, as it pushes into physical stores.

Flux team
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3
min read
· Posted on
February 27, 2026

Channel Seven’s media marriage with Southern Cross Media hits its first bump after disappointing earnings… and the CEO (aka the Groom) has already left the farm

Southern Cross Media’s first result post-Seven merger saw profit fall 16.5%, as weak ads and a sudden CEO exit rattled investors.

Flux team
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3
min read
· Posted on
February 27, 2026

eBay goes thrifting for growth and snags Depop for $1.2 billion USD to win back the youth

eBay buys Depop for $1.2b, boosting shares 7% and accelerating its push into Gen Z and sustainable fashion.

Flux team
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3
min read
· Posted on
February 23, 2026

Guzman y Gomez's US fiesta is paused after underwhelming results and the short-sellers are coming for them

GyG’s US losses and store cap rattle investors, sending shares below IPO levels as short sellers ramp up bets.

Flux team
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3
min read
· Posted on
February 23, 2026

Forget slimming down, Hims and Hers has acquired Aussie health-tech Eucalyptus for $1.6 billion to expand its international footprint

Eucalyptus sells for $1.6b to Hims & Hers, fast-tracking its global push in regulated digital healthcare.

Flux team
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3
min read
· Posted on
February 23, 2026

Telstra’s profit soared after bumping up mobile plan prices...but clearly Aussies would rather pay a few extra bucks than risk a single bar of reception

Telstra profit climbs 8% to $1.2b as job cuts trim costs and higher mobile prices stick without losing customers.

Flux team
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3
min read
· Posted on
February 23, 2026

Zip Co's shares plummet 33% in one day because its numbers rose... but expectations rose even higher

Zip shares plunge 33% after results miss forecasts and bad debts rise, despite strong year-on-year growth.

Flux team
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3
min read
· Posted on
February 23, 2026

Wesfarmers hammers out $1.6 billion profit as Bunnings does the heavy lifting and lithium sparks the boost

Wesfarmers lifts profit 9% to $1.6b as Bunnings and lithium offset a sharp 21% earnings drop at Officeworks.

Flux team
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3
min read
· Posted on
February 23, 2026

Sushi Sushi has been snapped up for $160 million so Australia’s humble hand roll is turning into a global export

Sushi Sushi sells for $160m to Japan’s Genki, shifting from private equity ownership to global expansion mode.

Flux team
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3
min read
· Posted on
February 18, 2026

SEEK announces plans to sell its entire stake in Employment Hero... after eight years and one VERY public courtroom spat

SEEK plans to sell its remaining Employment Hero stake, closing a nine year investment after a courtroom clash.

Flux team
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3
min read
· Posted on
February 18, 2026

Coles’ “Down Down” deals go up up as ACCC alleges customers were "utterly" misled on discounts

Coles faces court after the ACCC alleged it inflated prices before promoting “discounts” that weren’t real savings.

Flux team
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3
min read
· Posted on
February 18, 2026

Kraft Heinz has shelved its breakup plans and replaced it with a $600 million makeover...and this is getting more dramatic than a MAFS finale

Kraft Heinz has shelved its breakup plan and will spend $600m to revive struggling grocery brands before reconsidering a split.

Flux team
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3
min read
· Posted on
February 16, 2026

Breville keeps the toast golden and the revenue rising with $1.1 billion for the half... even if tariffs burnt the margins

Breville’s revenue jumped to $1.1b on strong coffee sales, but US tariffs capped profit growth and forced a supply chain rethink.

Flux team
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3
min read
· Posted on
February 16, 2026

Barbeques Galore has fallen into receivership so it looks like Australia's BBQ king has officially run out of gas

Barbeques Galore has entered receivership after liquidity struggles, as years of ownership changes failed to restore profitability.

Flux team
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3
min read
· Posted on
February 16, 2026

Physical toys may fill the shelves, but they are not filling the profit line... as investors punish Mattel's old-school manufacturing models

Hasbro and Mattel both flagged softer toy growth, but Hasbro’s booming digital games arm sent its shares up while Mattel sank.

Flux team
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3
min read
· Posted on
February 16, 2026