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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
~
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
~
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
~
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.

Flux team
~
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
~
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
~
3
min read
· Posted on
February 27, 2026
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Disclaimer: All information contained in the Flux app, www.flux.finance, www.joinflux.com, app.flux.finance and any podcast of Flux Media Pty Ltd (ABN 27 639 804 345) is for education and entertainment purposes only. It is not intended as a substitute for professional financial, legal or tax advice. While we do our best to provide accurate information on the podcast, we accept no responsibility for any inaccuracies that may be communicated.Flux does not operate under an Australian financial services licence and relies on the exemption available under section 911A(2)(eb) of the Corporations Act 2001 (Cth) and ASIC RG 36.66. Flux Technologies Pty Ltd provides general advice on credit products under our own Australian Credit Licence No. 530103. Check out our Credit Guide for more information.

All information contained in the Flux app, www.flux.finance, www.joinflux.com, app.flux.finance and any podcast of Flux Media Pty Ltd (ABN 27 639 804 345) is for education and entertainment purposes only. It is not intended as a substitute for professional financial, legal or tax advice. Flux Media Pty Ltd is the owner of the registered trade mark, 'What the Flux'. While we do our best to provide accurate information on the podcast, we accept no responsibility for any inaccuracies that may be communicated.