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Australia

Bendigo & Adelaide Bank’s loans were too popular last year... and now it’s paying the price (literally)

Bendigo & Adelaide Bank has announced that its deposits grew by over 5% in the half and its residential lending increased over 5% as well.

Flux team
~
1
min read
· Posted on
February 19, 2025

The Reserve Bank of Australia delivered its first interest rate cut in nearly 4 years - but don't get used to this!

With inflation figures trending in the right direction, the Reserve Bank of Australia has decided to cut the cash rate by 0.25%.

Flux team
~
1
min read
· Posted on
February 19, 2025

Seven West Media goes from free-to-air to free-falling profits as it suffers its worst-ever half yearly results  

Seven West Media saw their net profit drop 68% to just under $18 million for the six months to December 31.

Flux team
~
1
min read
· Posted on
February 17, 2025

Temple & Webster’s bottom line gets a plush upgrade thanks to couches and a cushy profit margin

Temple & Webster have announced that their sales have risen by 24% in the past 6 months, largely thanks to a big increase in store purchases.

Flux team
~
1
min read
· Posted on
February 17, 2025

Reddit share price suffers 5% fall after missing growth expectations— and not even r/WallStreetBets can YOLO this one back up

Reddit has announced its fourth quarter results where it had just under 102 million daily active users - but analysts were expecting nearly 104 million.

Flux team
~
1
min read
· Posted on
February 14, 2025

Rex hits mayday mode as the federal government commits to acquire the airline if there are no buyers

As Rex Airlines scrambles to find a buyer, the federal government has promised to acquire the airline to ensure the regional flights remain operational.

Flux team
~
1
min read
· Posted on
February 14, 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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