What the Flux

Netflix is going live with its ad-supported streaming service sooner than expected - all thanks to a new partnership with Microsoft. Trade360, an investment trading platform promoted by former Australian cricket captain Steve Smith, has been closed down by ASIC. BMW is embracing the subscription game - now selling heated seat subscriptions for $18 a month. --- Build the financial wellbeing of your team at work with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play): http://bit.ly/FluxappGooglePlay --- The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes. See omnystudio.com/listener for privacy information.

The owners of Snooze, formerly known as Capt’n Snooze, has announced their potential sale will go into nap mode because they haven’t found a buyer. YouTube TV, YouTube’s live cable streaming bundle, just hit a cool 5 million subscribers and YouTube reckons it's just getting started. Uber’s been caught red handed engaging in some questionable practices from its wild years - thanks to a huge document leak. --- Build the financial wellbeing of your team at work with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play): http://bit.ly/FluxappGooglePlay --- The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes. See omnystudio.com/listener for privacy information.

Aussie crypto app downloads have taken a massive dive as Aussies brace for an icy crypto winter. Virgin Galactic, the world’s first commercial space line, has inked a deal with Boeing to build more ‘motherships’ to take more of us to space! J Capital Research, the activist short seller, has fired shots at a Lake Resources’ new lithium miner - calling the project is a bit of a joke. --- Build the financial wellbeing of your team at work with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play): http://bit.ly/FluxappGooglePlay --- The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes. See omnystudio.com/listener for privacy information.

Hungry Jack's has announced it is ploughing $20 million in a new cafe arm to take on Maccas in the cafe game. Twitter is going to take Elon Musk to court after he announced plans to walk away from his offer to buy Twitter. The private equity giant behind Laser Clinics Australia, the massive cosmetic clinic chain, has bought out dozens of its franchisees after facing a heap of franchisee unrest. --- Build the financial wellbeing of your team at work with Flux at Work: https://bit.ly/fluxatwork --- The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes. See omnystudio.com/listener for privacy information.

Zip Co’s shares have taken another dive after investment experts announced that their customer bad debt levels are expected to rise. Netflix has given the green light to a Stranger Things spin-off series to help it build its first big entertainment franchise. Coca-Cola has been keeping some verrrry lucrative secret coal royalties on the books, but now it looks like it wants to flog ‘em. --- Build the financial health of your team at work with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play): http://bit.ly/FluxappGooglePlay --- The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes. See omnystudio.com/listener for privacy information.

Islamic Bank Australia has become Australia’s first Sharia-law-compliant bank after the banking regulators granted the company a restricted banking licence. Xpansiv - a half-Aussie global environmental commodities exchange - just received $400 million USD from one of the largest private equity firms in the world. Oil prices have dropped below US$100 a barrel for the first time in nearly two months - as investors get a ‘lil spooked about the possibility of a recession. --- Build the financial health of your team at work with Flux at Work: https://bit.ly/fluxatwork 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 Instagram: http://bit.ly/fluxinsta TikTok: https://www.tiktok.com/@flux.finance --- The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes. See omnystudio.com/listener for privacy information.

Sneakerboy, the boujee sneaker company, has sunk deep into administration. BYD - a Chinese company backed by Warren Buffett - has officially snatched Tesla’s crown after it sold more EVs than Tesla in the first half of this year. The new Minions movie has broken box office records in Australia and the US, and its largely thanks to a hilarious TikTok trend. --- Daily newsletter: https://bit.ly/fluxnewsletter Build the financial health of your team at work with Flux at Work: https://bit.ly/fluxatwork --- The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes. See omnystudio.com/listener for privacy information.

The RBA has raised the cash rate by another 0.5% to 1.35% - and the RBA has warned that even more rate hikes are on the horizon. The ACCC, Australia’s competition watchdog, is urging the big banks to adopt new measures to protect customers against scammers. EY, the global accounting and consulting firm, has admitted that some of its audit employees cheated on the ethics portion of a key accounting exam. --- Build the financial health of your team members at work with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play): http://bit.ly/FluxappGooglePlay --- The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes. See omnystudio.com/listener for privacy information.

TikTok Australia’s user data is under some serious scrutiny after a Liberal senator asked to see just how secure our data really is. Collection House, one of Australia’s biggest debt collection agencies, has just tumbled into administration. Meta, formerly known as Facebook, is shutting down the pilot for its digital wallet, Novi, and its asking users to withdraw their funds ASAP. --- Build the financial health of your team members at work with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play): http://bit.ly/FluxappGooglePlay --- The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes. See omnystudio.com/listener for privacy information.

Seven West Media is looking to can its $450 million mega-deal with Cricket Australia over a contract breach. Apple is looking at new ways to reinvent the car experience - starting with potentially buying petrol from your car dashboard. AustralianSuper says the total of its members’ funds could reach $1 trillion in less than 20 years - which would make it one of the world’s biggest pension funds. --- Build the financial health of your team members at work with Flux at Work: https://bit.ly/fluxatwork --- The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes. See omnystudio.com/listener for privacy information.