Business News

Bite-sized business news from Australia and around the world

Unpacked: David Jones and the Death of the department store?

David Jones has survived 188 years, but mounting losses, supplier troubles and changing shopping habits are putting its future to the test.

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4
min read
· Posted on
October 30, 2026

Yo-Chi's handing out anti-plastic postcards to politicians… and your froyo could come with a sprinkling of activism

Yo-Chi is asking customers to lobby Australian MPs against plastic use, bringing environmental activism to the frozen yoghurt chain’s growing brand.

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

Myer cancels work from home... so much for spending the staff discount on PJs

Myer is ending work-from-home for corporate staff as Victoria’s proposed flexible-work laws stall, putting workplace culture and morale in the spotlight.

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

Anthropic is going public while warning of an AI catastrophe… because who doesn’t want to invest in the apocalypse

Anthropic is chasing a US$2 trillion IPO while warning investors its AI could pose catastrophic risks to humanity.

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

The world's central banks just stopped being sheep. Here's what it means for your bonds

Central banks are breaking from the Fed’s lead, making global bond diversification more important as interest rate paths diverge.

Flux team
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4
min read
· Posted on
October 27, 2026

The AI infrastructure boom: what’s really being built behind the scenes?

AI’s boom goes beyond chatbots, with data centres, chips and power demand creating opportunities, but debt and lofty valuations raise the stakes.

Flux team
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4
min read
· Posted on
October 22, 2026

Cadbury is launching Rugby World Cup products and experiences... so your next chocolate block could come with a side of rugby fever

Cadbury is betting on Rugby World Cup fever to keep chocolate sales growing, turning its sponsorship into fan experiences and limited-edition treats.

Flux team
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3
min read
· Posted on
October 21, 2026

KFC just dumped Pepsi for Coke after 40 years… turns out the Colonel wasn’t that loyal after all

KFC is ditching Pepsi for Coke after 40 years. Another major partnership loss could leave PepsiCo with more than a branding headache.

Flux team
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3
min read
· Posted on
October 21, 2026

NAB is cutting 2,500 jobs... and it's not NOT to do with AI

NAB is axing 2,500 jobs as banks rethink their workforce. Is it about cutting duplication, or is AI already taking over?

Flux team
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3
min read
· Posted on
October 21, 2026

The Deep Dive: Why Lush is breaking up with Westfield

Lush is ditching 10 Westfield stores. Turns out, prime retail locations aren't worth it if you can't control your own brand message.

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

Domino’s just showed its Australian CEO the door after 9 months… turns out the only thing faster than the pizza is the leadership turnover

Domino’s has pushed out its Australia and New Zealand CEO after nine months as falling sales and store closures put its turnaround under pressure.

Flux team
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3
min read
· Posted on
October 14, 2026

Japan’s beer giants are under investigation for alleged price-fixing… and their share prices might be on the rocks

Japan’s biggest beer makers are under investigation for suspected price-fixing, raising questions about whether rising costs tell the whole story.

Flux team
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3
min read
· Posted on
October 14, 2026

Virgin Australia is hiking fares again… and we’ve definitely flown this route before

Virgin Australia is raising fares again as fuel costs climb and its fuel-hedging protection starts to wear thin.

Flux team
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3
min read
· Posted on
October 14, 2026

SpaceX wants to borrow $40 billion for AI chips… because even trillion-dollar companies need a loan  

SpaceX is reportedly seeking a US$40 billion loan to buy Nvidia chips, adding to its growing debt as the AI infrastructure race gets more expensive.

Flux team
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3
min read
· Posted on
October 14, 2026

Adidas is taking White Fox to court over four stripes… turns out you can’t just add one stripe and call it your own

Adidas is suing White Fox over four-striped clothing, arguing the designs could blur the line between a lookalike and its iconic branding.

Flux team
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3
min read
· Posted on
October 14, 2026

Coles is eyeing up some new staff… and these workers never take a coffee break.. or gossip about co-workers

Coles is reportedly eyeing Ocado robots to speed up online grocery orders as it tries to close the gap with Woolworths.

Flux team
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3
min read
· Posted on
October 14, 2026

Mattel gets a reported takeover offer at a nearly 60% premium...so come on Barbie, let's go party!

Mattel’s shares were struggling until a reported takeover bid sent them soaring 19%. The catch? Buying Barbie won’t come cheap.

Flux team
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3
min read
· Posted on
October 7, 2026

Marley Spoon is cooking up a 110% comeback, one GLP-1-friendly meal kit at a time

Marley Spoon’s sales were falling, then GLP-1 drugs changed what people wanted to eat. Now its new meal range is growing 110% a month.

Flux team
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3
min read
· Posted on
October 7, 2026

Firmus’ AI data centres are still under construction, but its $43.7 billion valuation is already fully built  

Firmus is chasing a $44B IPO while most of its future earnings depend on data centres that haven’t even been built yet.

Flux team
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3
min read
· Posted on
October 7, 2026

The RBA's card surcharge ban has just landed... but don’t celebrate until you see the new menu price  

Australia has banned card surcharges, but the cost of accepting cards isn’t disappearing. It’s just finding a new home.

Flux team
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3
min read
· Posted on
October 7, 2026

Getty Images is searching for a stock photo of “Businessman Watching Moat Disappear” after getting delisted from the NYSE

Getty Images built a massive moat around stock photography. AI just found a way around it, sending its market value from US$2.9B to US$34M.

Flux team
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3
min read
· Posted on
October 7, 2026

The ATO releases its latest report with big revenue, big business and a big fat zero tax bill for 1,149 Aussie companies

Australia’s biggest businesses are paying less tax, with 1,149 reporting zero tax in FY25. The ATO wants to know why.

Flux team
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3
min read
· Posted on
October 7, 2026

AI-startup Instinct hits $10 billion USD valuation as Silicon Valley investors get a serious dose of FOMO

Instinct has quadrupled its valuation to US$10B in a month, despite having just 14 employees, no app and an invite-only waitlist.

Flux team
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3
min read
· Posted on
September 30, 2026

Cochlear investors turn up the volume with a class action over their 40% profit downgrade

Cochlear is facing a shareholder class action five months after a profit downgrade wiped $4B from its market value.

Flux team
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3
min read
· Posted on
September 30, 2026

Vietjet is preparing to gatecrash Australia’s aviation duopoly… after quietly securing a plane and Sydney Airport slots

Vietjet appears to be eyeing Australia’s domestic market, securing Sydney Airport slots as it takes aim at the Qantas-Virgin duopoly.

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

A rogue ChatGPT agent just gave Australia a glimpse of what happens when a bot stops taking no for an answer... after it infiltrates Medicare and other government organisations

An OpenAI agent broke into a Medicare portal, hit three other government systems and went unnoticed for months. AI hacking just got real.

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

Myer has racked up a $276 million loss… but its biggest markdown wasn’t actually on the shop floor

Myer just posted a $276M loss, but a big chunk came from an impairment. The real picture? Its underlying profit was still $42.5M.

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

Mbappé swaps Nike for On... and a gets a slice of the company

On has signed Kylian Mbappé with a cash-and-equity deal, giving the Swiss sneaker brand a shot at football’s massive global market.

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

Meta's shares jump 11%... because it turns out investors love AI agents more than the Metaverse

Meta’s new AI agent Muse is climbing the charts, but the real money may come from what it gets users to do inside Meta’s ecosystem.

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

David Jones is losing luxury brands… because unpaid bills are making Gucci and Dior walk their designer shoes out the door  

David Jones is losing luxury brands after asking suppliers for longer repayment terms, putting its already fragile retail position under pressure.

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

Zurich is offering insurance discounts if you let your Tesla drive itself… turns out it trusts software more than humans

Zurich is offering Tesla drivers cheaper insurance for using self-driving tech, making autonomous driving part of the insurance equation.

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

Miro just sold for 92% less than its peak value... and someone just got a very good deal on a fancy whiteboard

Miro is selling for US$1.35B after once being valued at US$17.5B. The business survived. The SaaS hype didn’t.

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

Nine makes a $830 million bet on English Premier League... because it's the only content people will sit through ads for  

Nine is betting A$830m on the Premier League, counting on live sport to drive subscribers, ad value and growth across its wider media empire.

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

Anthropic's CEO is sounding the AI alarm... and this is interesting timing ahead of an industry first IPO

Anthropic is calling for stricter AI rules while preparing for a $2T IPO. Convenient timing? Maybe.

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

Cricket Australia is turning to private investors... because they need more than team spirit to keep talent onshore

Cricket Australia is opening Big Bash teams to private investors as cricket’s global spending arms race heats up.

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

Woolies is telling suppliers to lower the price tag... or else... because it turns out that $16 blue cheese really is too much

Woolies is pushing suppliers to cut prices or risk losing shelf space, putting its 40% market share to work.

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

Data centre company Firmus makes a deal with the Devils… literally

Firmus is sponsoring Tasmania’s new AFL team as it tries to win over locals amid backlash over its planned data centres.

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

Apple has finally folded… with a foldable iPhone so expensive it'll make your eyes water

Apple finally enters the foldable market with a AU$3,499 iPhone, seven years after Samsung. Better late than first?

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

Xero paid an influencer to show how AI can replace your accountant… then had to apologise to the accountants who sell its software

Xero paid for an AI ad showing how to replace an accountant’s work. The accountants? Not exactly thrilled.

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

Volkswagen is cutting another 50,000 jobs… because its building cars nobody's buying

Volkswagen is cutting 50,000 jobs and half its models as excess capacity and rising Chinese competition reshape the car market.

Flux team
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3
min read
· Posted on
September 9, 2026

Nike just got booted from the S&P 100… turns out you can't 'just do it' forever

Nike has lost its S&P 100 spot after a $230B market value wipeout, with its retail retreat helping rivals win over customers.

Flux team
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3
min read
· Posted on
September 9, 2026

The ATO is hitting big tech with billions in extra tax… and Amazon and Google's accountants are about to be veeeery busy

Big Tech could face billions in Aussie tax after the ATO moves to classify overseas service fees as royalties.

Flux team
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3
min read
· Posted on
September 9, 2026

The 5 best performing ASX-200 stocks in August

Gold stocks dominated August as the ASX hit a record high, with five standout companies surging on stronger gold prices and solid results.

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

How ABC Fumbled Bluey's Billions

Bluey became a global hit, but the ABC missed out on much of the money, raising questions about how Australia protects its IP.

Flux team
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3
min read
· Posted on
August 21, 2026

The NBN debacle

Australia’s $43B NBN promise has ballooned toward $70B, while slower speeds, ongoing losses and 5G rivals raise questions about its future.

Flux team
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4
min read
· Posted on
August 14, 2026

AI Stole Hollywood's Creativity

AI can now clone artists’ voices and faces so convincingly you might not know what’s real. The fight now is over who gets paid.

Flux team
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4
min read
· Posted on
August 12, 2026

July's best performing shares from the ASX 200

The ASX had a strong July... but these four companies left the market in the dust with gains of up to 38%.

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

The Wave of Women's Sport

Women's sport has become a commercial powerhouse in Australia, but local pay still lags as top athletes chase bigger salaries overseas.

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

Australia's $3 Billion Wine Hangover

Australia's wine industry is rebounding in China, but oversupply and weaker global demand mean the hard work is far from over.

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

The Weight Loss Drug Economy

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

The Decline in Aussie Retail

Australia's department stores are being squeezed by online giants and discount retailers, forcing the sector into long-term decline.

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

FY26 best performing shares from the ASX200

Despite a turbulent FY26, these five ASX 200 stocks massively outperformed the market, driven by breakthroughs in healthcare, mining and defence.

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

StubHub is being sued $5 million by World Cup fans… turns out selling tickets you don't have can get messy

StubHub is facing a US$5M lawsuit after World Cup fans paid for tickets that never arrived, exposing marketplace model risks.

Flux team
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3
min read
· Posted on
July 3, 2026

Xero is on an AI-rampage…pulling out all the stops to fight a 60% share price slide

Xero is going all-in on AI to convince investors it’s more than software, as fears grow that AI could disrupt its business model.

Flux team
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3
min read
· Posted on
July 3, 2026

Domain has taken REA to court over misleading claims… because of a billboard that didn't quite add up

Domain is taking REA to court over its “9 in 10 buyers” claim, arguing the ad misleads sellers and hurts competition.

Flux team
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3
min read
· Posted on
July 3, 2026

Ticketek's owner lost major contracts and $160 million... now it's cutting jobs to survive

Ticketek’s owner is restructuring after losing major venue contracts, as falling revenue raises pressure on its private equity backers.

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

Amazon Australia is being sued for sneaking ads into Prime Video… and charging subscribers to remove them

Amazon is being sued by the ACCC after allegedly forcing Prime subscribers to pay extra to remove ads mid-subscription.

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

Collins Foods posted record KFC sales of $1.6 billion… but bird flu could wipe out supply

Collins Foods posted record KFC profits, but a growing bird flu threat could disrupt chicken supply and squeeze margins.

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

Apples jacking prices up by around 20%... just what the cost of living crisis needed

Apple is raising prices on Macs and iPads as booming AI demand drives a global memory chip squeeze and pushes costs higher.

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

NRL's $5 billion broadcast deal just made it more valuable than the AFL… and it's a big bet on Aussies staying subscribed to sport

The NRL has landed a record $5B broadcast deal, overtaking the AFL and raising the stakes for broadcasters betting on live sport.

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

Coles and Woolies are facing world-first laws to stop them overcharging… but good luck applying them to 25,000 products

Australia is rolling out world-first supermarket price gouging laws, but proving “excessive pricing” may be harder than it sounds.

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

Meta hedges its bets on prediction markets… and it could be a gamble to pull off  

Meta is building a prediction market app called Arena, betting its massive user base can help it challenge Polymarket and Kalshi.

Flux team
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3
min read
· Posted on
June 26, 2026

Judo Bank’s share price plummets more than 40%... because three business loans going bad at once isn’t a great look

Judo Bank crashed 40% after three bad business loans raised fears Australia’s SME sector may be under growing pressure.

Flux team
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3
min read
· Posted on
June 26, 2026

Qantas is slashing routes… to the regions it was literally named after

Qantas and Jetstar are cutting routes as rising costs and weaker demand make some regional flights too expensive to sustain.

Flux team
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3
min read
· Posted on
June 26, 2026

WiseTech lost $2 billion in a day… and yep... a criminal investigation into your founder will do that  

WiseTech Global lost over $2B in value as fresh allegations against founder Richard White deepened investor concerns.

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

Reddit is monetising your opinions… because real human thoughts are the one thing AI can't fake

Reddit is doubling down on ads, betting authentic human opinions will outperform AI-generated content for brands.

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

Cocobella gets snapped up for close to $2 billion… and coconut water’s looking like a liquid goldmine

Danone is buying Made Group for nearly $2B, betting big on Asia-Pacific’s booming health drinks market.

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

BMW hits the breaks on its profit outlooks… and it’s sent its share price plummeting

BMW hit the brakes on its profit outlook as China weakness and global pressures push margins to worrying lows.

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

Australia's biggest insurers warn of double-digit premium hikes… and your renewal notice might sting

Home insurance premiums are set to keep surging as rising rebuild costs and more natural disasters make cover increasingly expensive.

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

Glue store heads to the glue factory... because it turns out the June reckoning is pretty brutal for retailers

Glue Store has officially shut its doors after years of losses… becoming the latest retailer squeezed by Australia’s brutal retail climate.

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

Snapchat's owner just launched a $2,200 pair of AR glasses… a decade after its first pair flopped

Snap is betting big on AR again with its new $2,200 Specs… but investors aren’t sold on the smart glasses dream just yet.

Flux team
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3
min read
· Posted on
June 19, 2026

ARN Media settles with Kyle Sandilands by paying him $12 million… but still takes a slice of his next move

ARN is paying Kyle Sandilands $12 million to settle their legal dispute… but it may still profit from his next chapter.

Flux team
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3
min read
· Posted on
June 19, 2026

Labor just backflipped on tax reform… because it turns out the budget didn't quite land how they hoped

The government has backflipped on parts of its controversial CGT overhaul… but share and crypto investors are still in the firing line.

Flux team
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3
min read
· Posted on
June 19, 2026

Grill’d is being grilled for allegedly misleading customers… and it turns out eating a burger and saving the planet might've been too good to be true

Grill'd is being sued by the ACCC over its Tree Day promo, with claims donations were massively overstated.

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

Accent Group just got a hostile takeover bid with zero premium… and it's giving full hostile corporate divorce energy

Frasers has launched a hostile takeover of Accent Group, offering zero premium and betting frustrated shareholders will sell anyway.

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

RBA is hitting pause on rates for the first time this year… and mortgage holders across Australia are collectively exhaling

After three brutal rate hikes, the Reserve Bank of Australia is taking a breather at 4.35% to see if inflation finally taps out.

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

Cadbury cashes in on Aussies' choccy addiction… turns out comfort eating and a cost-of-living crisis go hand in hand

Mondelez lifts revenue and profit in Australia, but rising costs and weak productivity threaten future margins despite strong Cadbury demand.

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

SpaceX has broken history with the biggest IPO in corporate history… and making Elon Musk a trillionaire in the process

SpaceX lists at $1.77T in the biggest IPO ever, but its real demand surge may come from forced index buying.

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

Rebel Sport wants to own regional Australia before its rivals… because getting there first might just be the ultimate advantage

Super Retail Group plans to expand past 900 stores, targeting regional Australia in a defensive move to lock out rivals early.

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

Remember AOL? Neither did we...but now It’s helping turn Bending Spoons into a $20 billion IPO aspirant

Bending Spoons is targeting a $20B Nasdaq IPO after turning forgotten internet brands into a fast-growing profitable business.

Flux team
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3
min read
· Posted on
June 12, 2026

Kmart goes from $3 candles to $3,000 couches with its next big home invasion called K-Home. Watch out IKEA

Kmart is launching K Home to enter Australia’s $19B furniture market and challenge giants like IKEA with a showroom model.

Flux team
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3
min read
· Posted on
June 12, 2026

Chemist Warehouse wants Boots on the ground in the UK...literally...with a reported $14 billion deal to acquire the UK pharmacy chain

Sigma is eyeing a $14B Boots takeover, but investors are wary of funding risks and whether Chemist Warehouse's model will translate.

Flux team
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3
min read
· Posted on
June 12, 2026

Prada pushes its fashion into the space industry as it launches a partnership with NASA...and it's giving "The Astronaut Wears Prada" as the threequel

Prada is designing astronaut gear for NASA, using space exploration to boost its relevance with a new generation of consumers.

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

Universal rejected a €56 billion takeover offer…but it's still hitting up investors for cash

Universal Music is raising €1 billion in debt after rejecting Bill Ackman's takeover bid and buying out his stake.

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

KPMG’s blocking its partners from leaving… because nothing says "everything is fine" like locking the doors

KPMG faces fresh scrutiny after allegations confidential audit information was used to win business from major clients.

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

Victoria's Secret stopped trying to be relatable… and its shares jumped 50%

Victoria's Secret shares jumped 50% after stronger sales and a return to the brand identity that made it a global icon.

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

Hasbro is renting out the AI voices of its characters… so Peppa Pig could soon be telling you ‘your call is important to us’

Hasbro is turning iconic characters into AI-powered assets, allowing businesses to license voices like Optimus Prime and Peppa Pig.

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

David Jones lost more than $95 million in 2025… now they’re in trouble for being six months late to report it

David Jones reported a $95M loss six months late, risking an ASIC fine while highlighting signs of a business turnaround.

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

WiseTech's replacing staff with AI… and now won't let them work for anyone else either

WiseTech laid off workers as part of its AI push, then restricted some from joining competing software companies.

Flux team
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3
min read
· Posted on
June 3, 2026

Anthropic quietly filed for an IPO… so it looks like ChatGPT will have to play catch up

Anthropic has filed for a $965 billion IPO, beating OpenAI to market and setting the benchmark for AI stocks.

Flux team
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3
min read
· Posted on
June 3, 2026

Foxtel is trying to send Nine to the NRL sin bin… with a $4 billion power play

Nine and Foxtel are battling for the NRL's next media deal... but Australia's anti-siphoning laws could shape the winner.

Flux team
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3
min read
· Posted on
June 3, 2026

Temu has been hit with a €200 million fine… turns out turning a blind eye to illegal products on your platform is costly

Temu has been fined €200 million by EU regulators, highlighting growing pressure on platforms to police their marketplaces.

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

The Enhanced Games promised to break records… but it actually broke investor confidence instead

The Enhanced Games promised superhuman performances, but a disastrous debut left investors questioning the entire business model.

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

Uber Eats ghosted Mitre 10 after going exclusive with Bunnings… and the ACCC is not impressed

Uber Eats is facing ACCC scrutiny over exclusive deals with major brands, raising questions about competition in delivery.

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

Oreo and BTS are dropping a purple Korean pancake cookie… in the biggest collab in Oreo's chocolate-filled history

Oreo and BTS are launching a purple hotteok-inspired cookie as Mondelez bets big on K-pop’s global influence.

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

FIFA's $18,000 World Cup final tickets seemed suss… and now lawyers agree

FIFA is under investigation after claims it exaggerated World Cup ticket demand to justify sky-high prices.

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

Dan Murphy’s owner Endeavor is selling off its wineries… because its shares are having a major hangover

Endeavour is slashing wine production and selling wineries as it pivots toward a more asset-light strategy.

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

Ferrari's launching an EV for the first time ever… and begging people not to buy it

Ferrari has launched its first EV, betting it can win new buyers without losing its loyal petrol-head fans.

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

SpaceX is letting Aussies in on the biggest IPO in history… because Musk wants you in his investor army  

SpaceX is opening its record IPO to Australian retail investors as Musk bets on everyday shareholders.

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

NAB is cutting jobs at home and hiring thousands abroad… so it's all about offshoring the jobs and onshoring the flexibility

NAB is hiring 1,000 staff in India and Vietnam as it prioritises workforce flexibility over lower labour costs.

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