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Australia

So-fa so good for Temple & Webster as it celebrates a sixfold profit jump as Aussies look to spend on homewares and furniture again

Temple & Webster's revenue rose 21% to $601 million for the year to June 30.

Flux team
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1
min read
· Posted on
August 18, 2025

Perplexity tries to poach Chrome from Google for $34.5 billion USD... just in time to ruin Chromes 20th birthday

Perplexity has lobbed a $34.5 billion USD bid for one of Google’s most valuable products, Google Chrome.

Flux team
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1
min read
· Posted on
August 18, 2025

Westpac’s $1.9 billion quarterly profit can’t hide the fact brokers are stealing 54% of its home loan lunch

Westpac’s share price jumped 6% but its home loans were on a decline at 3%.

Flux team
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1
min read
· Posted on
August 18, 2025

Telstra gives a lesson in how small price hikes and big staff cuts can bankroll a 31% profit jump

Telstra’s investors reported a $2.34 billion annual net profit.

Flux team
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1
min read
· Posted on
August 18, 2025

JB Hi-Fi gives investors an emotional earnings-roller-coaster as its profits climb.. but its CEO quit

In the latest financial year, JB announced some BIG results - their group sales were up by 10%, and their overall net profit increased by 5.4%.

Flux team
~
1
min read
· Posted on
August 13, 2025

NBN bets big on space satellites in the hopes of getting up to speed with Mbps and its competitors

NBN Co has announced that it has cut its annual loss by 10% in the last financial year to $963m.

Flux team
~
1
min read
· Posted on
August 13, 2025
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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.