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Australia

Arnott’s Tim Tams just hit 41% market share and now they're eyeing world domination one Tim Tam Slam at a time

Arnott’s has announced plans for international domination with its trusty Tim Tams.

Flux team
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1
min read
· Posted on
May 28, 2025

Australia's second largest hospital group, Healthscope just flatlined under $1.4 billion in debt - turns out private equity and healthcare don’t mix that well.

Healthscope has gone into receivership as it struggled to keep its finances afloat.

Flux team
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1
min read
· Posted on
May 28, 2025

WiseTech’s biggest acquisition ever comes with $3 billion in debt and serious side-eye from investors who want it to focus on its own backyard first

WiseTech has made its biggest acquisition of all time and acquired a US-publicly-listed supply chain management company called E2open.

Flux team
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1
min read
· Posted on
May 28, 2025

OpenAI just blew $6.5 billion on a startup that hasn’t launched a product yet... but it's a small price to pay for the potential of the future Ai-Phone

OpenAI will acquire io in a $6.5 billion USD all-stock deal.

Flux team
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1
min read
· Posted on
May 26, 2025

Kmart plans to grow from $10 billion to $20 billion in sales by selling a whole lot more Anko airfryers... and deep-frying its competition as well

Kmart announced grand plans to double Kmart’s sales to $20 billion in 10 years.

Flux team
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1
min read
· Posted on
May 26, 2025

Myer’s new era is off to a wonky start after a 3.9% dip in its new brands' sales and $12 million down the drain

Just 16 weeks into the year after the merger, Myer's store sales were up just 1.9%, but Apparel Brands saw their revenue fall 3.9%.

Flux team
~
1
min read
· Posted on
May 26, 2025
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Disclaimer: Flux Technologies Pty Ltd (ABN 86 634 507 172) is an authorised representative (Representative No. 1283166) of Mozo Pty Ltd who is the holder of AFSL No. 328141. We also provide general advice on credit products under our own Australian Credit Licence No. 530103. The product information presented does not constitute an offer and we are not recommending or suggesting any particular product. Any product advice presented is of a general nature only, and is not to be taken as any sort of advice as it has not taken into account your personal circumstances, objectives, financial situation or needs. Flux may not cover all products available to you. Check out our Credit Guide and Financial Services Guide for more information.

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