What the Flux

In this series, Going Deep, we're looking at the rise of the Aussie female athlete economy.We've seen the Matildas become Australia's most valuable sporting brand, women's cricket break viewership records, and the NRL salary cap nearly triple in three years.
In this episode, we'll explore how one World Cup semi-final changed the commercial conversation forever - and whether the money is actually reaching the athletes who created the moment.

_

Note: This recording took place in February 2026. All numbers noted were accurate as of this date.

Want to lean how to go...

Today on What the Flux: In Conversation, we’re excited to be joined by Matt Heine, CEO and Managing Director of Netwealth…and Flux’s relatively new corporate overlord.

For those who don’t know, Netwealth is one of Australia’s fastest-growing wealth management and fintech companies - having grown its share price over 450% since its IPO in 2017.

Matt has been working at Netwealth since 2001 and has held roles across sales, marketing and product. He became joint managing director alongside his father Michael Heine in 2015 and became the sole managing director in 2022.

In our convers...

In this series, Going Deep, we'll be doing bite-sized explorations into the most interesting industries, businesses and economic events… in Australia and around the world.

For today's episode, we're diving into the Aussie wine crash… a $3 billion export industry that lost its biggest customer overnight and then spent three years drowning in unsold bottles….and what it actually takes to rebuild a billion-dollar industry when the world has moved on without you.

_

Note: This recording took place in February 2026. All numbers noted were accurate as of this date.

Want to lean h...

In this series, Going Deep, we’ll be doing bite-sized explorations into the most interesting industries, businesses and economic events… in Australia and around the world.

For today's episode, we're diving into the weight loss drug economy - a $58 billion industry built on injections that hack your hunger signal.

We've seen food companies scramble to reformulate their products, airlines calculate what lighter passengers mean for their fuel bill and gyms completely rewrite their pitch.

In this episode, we'll explore how Ozempic and Wegovy went from diabetes treatments to cultural phenomena…and what a world...

We're back with our new 'In Conversation' series where we'll be bringing you insights from some of Australia's best and brightest leaders.

Today, we're excited to welcome Janey Martino to What the Flux: In Conversation. Janey is a serial founder who has built and exited businesses across media, fintech, and wellness.

She’s founded two businesses that were acquired, co-founded mindfulness app Smiling Mind, which has reached over nine million Australians and last year, she stepped into the CEO seat at KIC - the company that has evolved from a fitness app into a full we...

In this series, Going Deep, we’ll be doing bite-sized explorations into the most interesting industries, businesses and economic events… in Australia and around the world

For today's episode, we’re looking at the decline of Australian retail over the past decade.

We’ve seen David Jones struggle, Mosaic Brands collapse and Myer worth a fraction of its previous value.

In this episode, we’ll explore how cheap imports, online shopping and consumer preferences have shifted… and what this means for Aussie retail into the future.

_

Note: This recording took place i...

Today we're kicking off our new 'In Conversation' series where we'll be bringing you insights from some of Australia's best and brightest leaders.

In our very first episode, we'll be chatting with Grant Hackett OAM, CEO of Generation Development Group and 3 x Olympic Gold Medallist. You may know Grant Hackett for being unbeaten in the 1500 metre race from 1996 to 2007. What you might not know is that while he was doing all that, he was trading shares, studying commerce & law and quietly planning his second act.

That second act? He's now Group CEO of Generation Development G...

Domain has taken Realestate.com.au’s owner to court over misleading claims… and there’s billions on the line.

Xero has gone an an AI-rampage as it signs a new AI deal with Microsoft Co-Pilot… which is its third big AI deal.

US Ticket reseller StubHub… is being sued by World Cup fans who paid big money for tickets that never showed up.

_

Want to lean how to go from a Saver to Investor in just 7 days - watch our new series here

Download the free app (App Store): ht...

The company behind KFC stores in Australia has posted record sales for the last fiscal year but their focus is on preventing bird flu from hitting their supply chain.

Amazon Australia is being sued by the ACCC… for allegedly sneaking ads onto its streaming platform and then charging customers to remove them.

The owner of Ticketek has started a major restructure and job-cut after it scrambles to win back the events it's been losing left, right and centre.

_

Want to lean how to go from a Saver to Investor in just 7 da...

Coles and Woolies are in the firing line after Australia has just announced world-first supermarket price gouging laws

The NRL has just locked in the biggest broadcast rights deal in Australian sports history… which makes rugby league more valuable than AFL for the first time.

Apple has hiked the price of its Macs, iPads and other Apple products because AI is eating the world's memory supply

_

Want to lean how to go from a Saver to Investor in just 7 days - watch our new series here

Complete the Budget su...

Qantas and smaller sibling Jetstar are axing flight routes across Australia…and Australians in regional centres are about to feel it

Judo Bank's share price has collapsed more than 40% in a single day after three problem business loans blew up simultaneously

Meta is betting on prediction markets after secretly launching a new standalone app called "Arena"

_

Want to lean how to go from a Saver to Investor in just 7 days - watch our new series here

Complete the Budget survey for your chance to win 3 x $100 gift cards - ta...

The Aussie company behind Cocobella and Rokeby protein shakes has been acquired by Danone for nearly $2 billion.

Reddit is turning human opinions into a $625 million ad business…and is introducing new products to capitalise on its community.

WiseTech, ASX-listed logistics software, just lost $2 billion from its market value because of a very serious investigation into its founder.

_

Want to lean how to go from a Saver to Investor in just 7 days - watch our new series here

Complete the Budget survey for your chance to win 3 x $100 gift cards...

Glue Store just became the latest fashion victim to permanently close its doors after the stores were losing too much money for its owner

Australia's biggest insurers have warned home insurance premiums will rise by double digits every year for the foreseeable future

BMW has suffered a 6% fall in share price after it hit the brakes on its own profit outlook

_

Want to lean how to go from a Saver to Investor in just 7 days - watch our new series here

Complete the Budget survey for your chance to...

The Labor government has done a major backflip on its capital gains tax changes… while also dumping its stealth death tax.

ARN Media are forking out $12 million to get Kyle Sandilands off their airwaves… but they’ll pocket some of his future earnings in the process.

Snapchat’s stock plunged by around 9%... after releasing a pricey pair of augmented reality glasses - called Specs.

_

Complete the Budget survey for your chance to win 3 x $100 gift cards - takes only 2 mins

Download the free app (App Store): http://bit.ly/FluxAppS...

The RBA has held the cash rate at 4.35 per cent… pausing to see if the three hikes this year so far has actually made a difference.

Australia’s largest sneaker retailer, behind Platypus and Athlete’s Foot has received a hostile takeover bid…without a single cent of premium.

Grill'd is being sued by the ACCC for allegedly misleading customers about how much it would donate to an environmental cause in a 3 year promotion.

_

Complete the Budget survey for your chance to win 3 x $100 gift cards - takes only 2 mins

Downlo...

Super Retail Group has announced a five-year plan for its brands like Rebel Sport to own regional Australia… before competitors get there.

SpaceX has just completed the biggest IPO in history - raising $US75 billion and turning Elon Musk into the world's almost-trillionaire.

Cadbury has posted double-digit growth in Australia as we turn to chocolate during the cost-of-living crisis.

_

Download the free app (App Store): http://bit.ly/FluxAppStore

Download the free app (Google Play): http://bit.ly/FluxappGooglePlay  

Daily newsletter: https://bit.ly/fluxnewsletter  

Flux...

Sigma Healthcare, the owner of Chemist Warehouse, is chasing a $14 billion deal to buy UK pharmacy giant Boots.

Kmart is opening a massive furniture showroom called K Home to grab a bigger slice of the furniture market.

Bending Spoons, the Italian app studio that buys dying internet brands  has just filed for a $20 billion Nasdaq IPO.

_

Download the free app (App Store): http://bit.ly/FluxAppStore

Download the free app (Google Play): http://bit.ly/FluxappGooglePlay  

Daily newsletter: https://bit.ly/fluxnewsletter  

Flux on Instagram: http...

KPMG's global bosses have frozen partner exits at KPMG Australia to stop an exodus blowing up the entire audit season.

Universal Music is sounding out a €1 billion bond sale… after one of its major backers sold his stake in the company.

Prada is heading to the moon…by designing garments for NASA astronauts to wear for their next big moon landing.

_

Download the free app (App Store): http://bit.ly/FluxAppStore

Download the free app (Google Play): http://bit.ly/FluxappGooglePlay  

Daily newsletter: https://bit.ly/fluxnewsletter  

Flu...

David Jones lost more than $95 million in 2025… and is being investigated for being six months late to report it.

Hasbro, the mega toy company has launched a new unit to allow businesses to rent the AI voices of Optimus Prime, Mr. Monopoly and Peppa Pig.

Victoria’s Secret’s shares have soared 50%... after it bumped its revenue forecast by $180 million.

_

Download the free app (App Store): http://bit.ly/FluxAppStore

Download the free app (Google Play): http://bit.ly/FluxappGooglePlay  

Daily newsletter: https://bit.ly/fluxnewsletter  

Flux on...

Foxtel is making a $4 billion power play to kick Nine off the NRL.. and it's shopping for a free-to-air mate to make it happen.

Anthropic has confidentially filed for an IPO at a $965 billion valuation USD.

WiseTech told the world it’s replacing 2,000 employees with AI… then prevented some of its employees it fired from working for its rivals.

_

Download the free app (App Store): http://bit.ly/FluxAppStore

Download the free app (Google Play): http://bit.ly/FluxappGooglePlay  

Daily newsletter: https://bit.ly/fluxnewsletter  

Flux on...

The ACCC has opened a preliminary investigation into Uber Eats after claims of anti-competitive deals.

The Enhanced Games has suffered 70% fall in its share price in the past three weeks…after promised to break world records and failing dismally.

Temu has been hit with a €200 million fine by EU regulators for failing to stop illegal products being sold on its platform… and the bill could still get bigger.

_

Download the free app (App Store): http://bit.ly/FluxAppStore

Download the free app (Google Play): http://bit.ly/FluxappGooglePlay  

Daily...

Endeavour Group, the owner of Dan Murphy, is selling off its wineries and axing 80% of its grape production.

FIFA is being investigated for selling crazy-expensive World Cup tickets… and apparently creating fake demand to do it.

Oreo is collabing with K-pop supergroup BTS… in the biggest partnership ever for the cookie maker.

_

Download the free app (App Store): http://bit.ly/FluxAppStore

Download the free app (Google Play): http://bit.ly/FluxappGooglePlay  

Daily newsletter: https://bit.ly/fluxnewsletter  

Flux on Instagram: http://bit.ly/fluxinsta  

Fl...

NAB is cutting jobs in Australia… while hiring up to 1000 new staff in India and Vietnam.

SpaceX has added an Australian retail investment platform to its IPO plans.. in what could be the biggest IPO in history.

Ferrari has unveiled its first fully electric car and its own marketing chief is telling its loyal petrol heads to please, please not buy it.

_

Download the free app (App Store): http://bit.ly/FluxAppStore

Download the free app (Google Play): http://bit.ly/FluxappGooglePlay  

Daily newsletter: https://bit.ly/flux...

Guzman y Gomez has shut its eight Chicago stores and abandoned its US expansion…and its share price skyrocketed on the news.

Singtel has not-so-quietly put a "For Sale" sign on part of Optus… Australia's second-biggest telco.

Oura Ring has confidentially filed for an IPO, as the smart ring maker is eyeing a $2 billion USD revenue year.

_

Download the free app (App Store): http://bit.ly/FluxAppStore

Download the free app (Google Play): http://bit.ly/FluxappGooglePlay  

Daily newsletter: https://bit.ly/fluxnewsletter  

Flux on Instagr...

Webjet’s shares have nosedived to record lows ... .after its travel bookings have ground to a halt.

Australia's major banks are hiking home loans after every RBA rate hike… but the interest rate on savings accounts isn’t following.

James Murdoch’s company, Lupa Systems has just bought Vox Media for over $300 million USD… and it could be just the beginning for his very own media empire.

_

Download the free app (App Store): http://bit.ly/FluxAppStore

Download the free app (Google Play): http://bit.ly/FluxappGooglePlay  

Daily newsle...

ASX-listed Tuas has seen its shares fall 63% after Singapore's regulator warned that its $1.5 billion merger is on the ropes.

Birkenstocks are falling… falling more than 14%.... and hitting record lows…as its luxury status is being called into question.

Everlane, the brand that built its whole identity on radical sustainability, has just been acquired by Shein.

_

Download the free app (App Store): http://bit.ly/FluxAppStore

Download the free app (Google Play): http://bit.ly/FluxappGooglePlay  

Daily newsletter: https://bit.ly/fluxnewsletter  

Flux on Instagram: http://bit.ly...

Zip Co has lost a decade-long High Court battle over its own name and will be forced to rebrand its entire Australian business.

Temple & Webster has raised its prices and pulled back on promotions after warning that its earnings will be 30% below market expectations.

Swiss sneaker brand On has raised its profit forecast after clocking a 26% sales surge…but its US growth might be starting to untie itself.

_

Download the free app (App Store): http://bit.ly/FluxAppStore

Download the free app (Google Play): http://bit.ly/FluxappGooglePlay  

Da...

CommBank’s shares have seen their biggest single-day fall in history earlier this week after wiping $30 billion from its market value.

Xero's revenue jumped 31%...but profits fell 27% after its multi-billion dollar US acquisition has hurt the bottom line.

CNN has launched a stand-alone weather app…three years after its last digital product collapsed in just 29 days.

_

Download the free app (App Store): http://bit.ly/FluxAppStore

Download the free app (Google Play): http://bit.ly/FluxappGooglePlay  

Daily newsletter: https://bit.ly/fluxnewsletter  

Flux on Instagram: http...

The Labor government has handed down its 2026 Federal Budget… and it includes the biggest overhaul to Australia's property tax system in 25 year.

CSL has seen nearly $10 billion wiped from its market value after writing-down a multi-billion dollar acquisition it made three years ago.

Dua Lipa is suing Samsung for $15 million after it put her face on TV boxes to sell televisions… without her knowledge, her permission or paying her a cent.

_

Download the free app (App Store): http://bit.ly/FluxAppStore

Download the free app (Google Play): http://bit.ly/Fl...

Macquarie has posted a $4.85 billion annual profit… up 30%... after it turned the Iran oil shock into one of the biggest windfalls in the bank's history.

Google has quietly killed off the $2.1 billion Fitbit app and replaced it with an AI health coach app for all devices.

Uber made $2.1 billion in gross profit in Australia last year and somehow ended up with just under $9 million in net profit.

_

Download the free app (App Store): http://bit.ly/FluxAppStore

Download the free app (Google Play): http://bit.ly/FluxappGooglePlay  

Dail...

JB Hi Fi’s sales rose 4% last quarter… but it’s warned that its laptops are facing major price hikes.

GameStop’s share price has fallen 10% after it made an unsolicited $55 billion USD bid to buy eBay… a company four times its size.

Tinder sign ups are growing for the first time since 2024… and it’s Gen Z women who are swiping right.

_

Download the free app (App Store): http://bit.ly/FluxAppStore

Download the free app (Google Play): http://bit.ly/FluxappGooglePlay  

Daily newsletter: https://bit.ly/fluxnewslette...

The Reserve Bank has hiked rates for the third consecutive meeting to 4.35%...and this is the highest cash rate in over a decade.

Chemist Warehouse is taking its discount pharmacy model to the UK after buying into a British chain that’s been losing millions.

Duolingo has beat its quarterly targets… but its share price is still slumping 11% on the news.

_

Download the free app (App Store): http://bit.ly/FluxAppStore

Download the free app (Google Play): http://bit.ly/FluxappGooglePlay  

Daily newsletter: https://bit.ly/fluxnewsletter  

F...

ANZ announced a 6% jump in half-year profit to $3.8 billion but its shares barely moved on the results.

LIV Golf is months away from bankruptcy after its biggest backer pulled its multi-billion dollar backing of the golf league.

Nine Network has done a major overhaul of its tech…and people… to try and to compete against the TikToks, YouTubes and Netflixes of the world.

_

Download the free app (App Store): http://bit.ly/FluxAppStore

Download the free app (Google Play): http://bit.ly/FluxappGooglePlay  

Daily newsletter: https://bit.ly/flu...

Woolworths has cut its 2026 profit forecast…despite sales rising 5.9% last quarter.

Bega Group is churning out yoghurt in record numbers… and it's predicting profits will skyrocket 40% by 2031.

Alphabet has just smashed its first quarter expectations with $107 billion in revenue and Google Search ain’t dead yet.

_

Download the free app (App Store): http://bit.ly/FluxAppStore

Download the free app (Google Play): http://bit.ly/FluxappGooglePlay  

Daily newsletter: https://bit.ly/fluxnewsletter  

Flux on Instagram: http://bit.ly/fluxinsta  

Flux on TikTok: https://www.tiktok...

Google and Meta have transferred almost $11 billion of Australian revenue to offshore entities over the past year to reduce their tax locally.

Amazon's cart is overflowing with cash… pulling in $4.77 billion from Aussies in 2025… as local spending on the platform hits a record high.

Adidas shares are on a runner's high… after Sabastian Sawe ran the first ever sub-two-hour marathon… in their trainers.

_

Download the free app (App Store): http://bit.ly/FluxAppStore

Download the free app (Google Play): http://bit.ly/FluxappGooglePlay  

Daily newsletter: https://bit.ly/fluxnew...

Microsoft is investing a whopping $25 billion into Australian data centres… as demand for AI just keeps booming.

Warner Bros Discovery’s investors have overwhelmingly approved the $110 billion Paramount takeover deal… but some others aren’t too happy about it.

SpaceX eyes a $60bn acquisition of AI coding startup Cursor as it ramps up its push into the booming AI developer tools market.

_

Download the free app (App Store): http://bit.ly/FluxAppStore

Download the free app (Google Play): http://bit.ly/FluxappGooglePlay  

Daily newsletter: https://bit.ly/fluxnewsle...

Cochlear, the ASX-listed hearing implant company, has seen its share price plummet 36% - its biggest one day fall in 30 YEARS.

Intrepid Travel, the Aussie tour group operator, is buying its way to billion dollar status… by snapping up French rival Altai.

Adobe has announced a massive $25 billion share buyback program to give investors confidence in its future…despite the launch of Claude Design and co.

_

Download the free app (App Store): http://bit.ly/FluxAppStore

Download the free app (Google Play): http://bit.ly/FluxappGooglePlay  

Daily newsletter: https...

NAB’s share price has dropped more than 3% as it prepares for a downturn for its business customers.

Mecca’s revenue grew to $1.43 billion by the end of last year… … all thanks to opening a string of brick and mortar stores.

Apple’s CEO Tim Cook has announced plans to step down, with his long-time team member John Ternus taking on the top gig.

_

Download the free app (App Store): http://bit.ly/FluxAppStore

Download the free app (Google Play): http://bit.ly/FluxappGooglePlay  

Daily newsletter: https://bit.ly/fluxn...

Zip Co has seen its shares spiked up to 24% after announcing an upgrade to its earnings guidance thanks to the US.

Gucci is teaming up with Google to launch smart glasses… as it fights to save its profits and make Gucci gucci again.

Amazon is acquiring satellite company Globalstar for $11.6 billion to supercharge its space internet ambitions.

_

Download the free app (App Store): http://bit.ly/FluxAppStore

Download the free app (Google Play): http://bit.ly/FluxappGooglePlay  

Daily newsletter: https://bit.ly/fluxnewsletter  

Flux on Insta...

Qantas and Virgin Australia are cutting their lower demand flights because fuel prices continue to bite their bottom line.

Uber is driving away from the gig economy… and pulling into the robotaxi lane with a $10 billion investment.

Allbirds, the NZ founded shoe company has seen its shares soar over 500% after saying goodbye sneakers and hello to AI.

_

Download the free app (App Store): http://bit.ly/FluxAppStore

Download the free app (Google Play): http://bit.ly/FluxappGooglePlay  

Daily newsletter: https://bit.ly/fluxnewsletter  

Flux on Insta...