Bonza, Australia’s fourth largest airline, has hit major turbulence after some major instability from its private equity owner LVMH saw its sales growth slow down to just 2% as its consumers pull back from Louis Vuitton bags and Hennessy cognac. Crocs and Pringles are collaborating on new clogs with an accessory you didn’t know you needed…an ankle …

News Corp Australia is making its biggest company restructure in decades after Meta decided not to renew its News Bargaining deal with Australian publishers. Apple has lost its spot as the top phone maker in the world - in the most recent quarter. Tesla is axing more than 14,000 jobs as demand for electric vehicles slows down. — Build the financial…

Two of Australia’s up and coming betting companies, BlueBet and Betr, will merge to compete with the big players in the betting space. Luxury fashion retailer Cettire has struggled to woo investors despite an 88% increase in quarterly sales compared to the previous year. NextDC, Australia’s largest listed developer and operator of data centres, is …

Ola has announced it will officially shut down its ride sharing services in Australia after 6 years as well as other international markets Tesla has reportedly scrapped its plan to build a lower-cost electric vehicle and is focusing on Robotaxis KPMG Netherlands has been hit with a $38 million fine for widespread exam cheating from 2016-2020 — Buil…

Qantas has announced a major upgrade to its Frequent Flyer rewards points program which will cost it over $120 million. Woolworths is partnering with the UK’s Tesco supermarket chain, and other big supermarket chains around the world, on a new $190m investment fund. Uber Eats is launching TikTok style videos on its app to improve discovery of eater…

Sydney Airport’s earnings have more than doubled, as Australia’s biggest airport makes the most of our return to flying - in Australia and globally. Canva has finalised a share sale worth $3.6 billion, making some of its staff overnight millionaires. Google’s parent company Alphabet is reportedly looking to acquire CRM and marketing software platfo…

The owner of Sportsbet, which is Australia’s biggest sports betting company, has said the company experienced a big 27% decrease in earnings for the last financial year. Spotify is planning to raise its prices AGAIN in key markets, including Australia - and it’s mostly thanks to... audiobooks. Tesla is location scouting for a new car plant in India…

ASX-listed wine maker, Treasury Wines, is likely to increase prices on Penfolds wines, as China finally loosens tariffs on Aussie wine. Google is planning to destroy users’ ‘incognito mode’ browsing data as part of a lawsuit settlement. WeWork’s founder, Adam Neumann, and several partners are looking to buy WeWork out of bankruptcy for more than $7…

Australia’s big banks and some of the Australia’s biggest retailers have given a financial lifeline to Armaguard to keep the cash transport company alive. The owner of Peter Alexander and Smiggle, Premier Investments, is looking to separate the two retailers from the parent company so they can trade as individual entities. Spotify is testing online…

Reddit’s share price launched 48% on its first day as a listed company last week on the New York Stock Exchange. Unilever is melting away its ice cream division and is axing 7,500 jobs in an effort to cut costs big time. Baraja, the $300m Aussie self driving car tech startup, has allegedly had its value written down to zero by its venture capital i…

Chemist Warehouse has announced a profit increase of nearly 30% in the lead up to its proposed merger with Sigma Healthcare. Gucci’s got a problem, and its name is China - yup, we’re talkin’ a share price drop costing Gucci’s owner $10.5 billion. Luxury brand Hermes is facing a class action suit for alleged antitrust behaviour over the sale of its …

Uber is paying Aussie taxi drivers $272m in big class action settlement Google is looking to partner up with Apple to licence the Google Gemini AI system for the iPhone BHP is reportedly laying off close to 100 staff members at its mega West Musgrave nickel and copper project in Western Australia. — Build the financial wellbeing of your team with F…

Amazon is recruiting a fleet of contractors to grow its delivery network in Australia, and take on Australia Post. Liquid Death, the canned-water brand that helps you “murder your thirst” has just doubled its valuation… because people actually pay for branded H20. PwC Australia will make more than 320 staff and 37 partners redundant over the next n…

Optus’ owner, Singtel, is looking like to sell the Aussie telco in a multi-multi billion dollar deal. Myer has seen its share pop more than 5% after it managed to stabilise its results… and bring in a new Exec to lead it into the future. TikTok is facing an existential threat as the US House of Representatives has passed a bill to ban app stores fr…

Google Australia is going to split away from Meta as it looks to renegotiate its media deals under the Media Bargaining Code. Elon Musk has announced that xAI, his ChatGPT rival, will make its chatbot, Grok, open source. Pfizer, the biotech that boomed off the back of COVID, has shifted gears and is now focusing on cures for cancer to grow its reve…

Amazon has crossed $3 billion in sales in Australia as it snatches customers from its competitors. Apple has been whacked with a $2B euro fine in Europe for suppressing competition in the music-streaming industry. Tigerlily, one of Australia’s biggest swimwear brands, has fallen into administration for the second time.. In just four years. — Build …

Private health premiums in Australia are going to rise by the biggest amount in five years on April 1st. Reddit, the social media platform, is planning to IPO this month on the New York Stock Exchange in the first major tech IPO of 2024. Bitcoin’s value has crossed $100,000 Australian dollars, a new all-time high since it peaked in late 2021. — Bui…

Meta has warned that it won’t renegotiate new Australian media deals as it plans to pull the News tab from its app in Australia. Life360, the ASX-listed family tracking app, has seen its shares skyrocket over 30% as it starts to push ads in the app. Bumble’s love affair with profits has hit a standstill after reporting a $32 million USD net loss in…

Harvey Norman has seen its pre-tax profit drop by more than 45% because Aussies are feeling the pinch of living. Apple has decided to pull the electric-plug on its self-driving electric car project after 10 years in the making. Disney is teaming up with the largest company in India in a major $8.5 billion USD deal. — Build the financial wellbeing o…

Kogan.com has seen its net profit triple over the past six months even as it saw its sales decrease. Adore Beauty has seen its revenue increase to over $100 million for the first half of the financial year, after giving its returning customers more love. Formula 1 has signed its first ever beauty brand partnership - with a luxury cosmetics brand. —…

Medibank’s share price has been whacked after it failed to achieve its forecasts thanks to slow member growth. Vice Media is laying off hundreds of jobs and is even shutting down its own website vice.com. Nintendo’s shares have dropped almost 9% after the company delayed the release of the next Switch console. — Build the financial wellbeing of you…

Qantas has announced a 13% drop in half-year profits, but some are seeing this as a positive sign. Nine Entertainment has seen its profit drop by more than 40% for the first half of FY24 after a “markedly weaker ad market”. Nvidia, the hottest chipmaker in the world, has smashed its lofty expectations in the January quarter and its share price has …

ANZ is one step closer to acquiring Suncorp for $4.9 billion, after a court overturned the ACCC’s decision to reject the acquisition. Star Entertainment’s shares have dropped 22% after a second inquiry into the Sydney Star Casino. The company behind Rip Curl and Kathmandu has seen its shares hit an all-time low after warm weather has hurts their sa…

Taylor Swift performed her first set of shows in Melbourne over the weekend and not only is she entertaining crowds, but giving a major boost to the economy. Kmart has announced record earnings for the last six months after an increase in earnings of 26% thanks to beauty and apparel. OpenAI is rolling out a new feature that gives ChatGPT the abilit…

It's the end of Fluxtaposed. Celebrate 10 years with us in this final episode. Find us on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Anchor⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠! Direct RSS Link is ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠HERE⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Support the show and become LEGION over on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Patreon⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠! Follow us on Twitter! (can we still say that?) ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠…

Temple & Webster has smashed market expectations after announcing a 23% rise in sales for the past 6 months. Breville, the home appliances giant, has seen its sales take a big hit after it stopped discounting its products. BYD, the Chinese electric car maker - and arch rival to Tesla - expects to almost double sales in Australia this year… and brin…

JB Hi-Fi has seen its net profit drop by more than 20% but it still excited investors enough to see its share price bounce over 5%. CSL, the blood products giant, saw its market value drop by more than $7 billion after one of its most exciting trials didn’t quite have the results they were looking for. Seek has seen its share price take a beating a…

Myer has announced its annual sales hit its highest level since 2005… and more than doubled its profits from pre-COVID. NewsCorp Australia has seen its revenues drop 6% across the past quarter after its advertising revenue copped a big hit. Uber has announced its first ever annual profit, which has pushed its share price to an all-time high. — Buil…

AGL Energy has seen its core net profit quadruple in the past 6 months after jacking up energy prices. Cettire, the ASX-listed luxury goods marketplace, has seen its share price jump nearly 35% after its sales exploded like demand for a Hermes handbag. Disney is investing $1.5 billion USD in Epic Games to build a whole new digital Disney world in t…

PwC Australia has launched a new virtual assistant, called ChatPwC, which is meant to help boost the quality of client work. LVMH, the luxury giant, is making a big push to grow its market share in the luxury watch market with a focus on targeting millennials and Gen Z. Fishbowl, the Australian fast-food chain, has launched its first US store and h…

Atlassian, the Australian software behemoth, saw $5 billion USD wiped from its market value despite hitting major milestones. Tinder and Hinge’s parent company has seen its quarterly revenue grow 10% as more and more people are looking to find love. F1 champion Lewis Hamilton has made a major sporting move, announcing that he’ll be leaving Mercedes…

Afterpay's owner Block is reportedly cutting more than 1,000 jobs as it looks to streamline its operations across Australia and around the world TikTok will no longer have music from Taylor Swift, BIllie Eilish and Ariana Grande on their platform after a break down with their record label. Elon Musk is looking like he might become $51 billion USD p…

Tom Servo & Jason return for the FIRST proper episode in 2024. Find us on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Anchor⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠! Direct RSS Link is ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠HERE⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Join us on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Discord⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠! Support the show and become LEGION over on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Patreon⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠! Follow us on Twitter! (can …

Sara Lee, the famous frozen dessert brand, has been saved from administration by the former owners of Darrell Lea The top 20 pharma companies in the world are at risk of losing $180 billion in sales by 2028, according to a new EY report Godfreys, the iconic Aussie vacuum cleaner retailer, has collapsed into administration after nearly 100 years ___…

The Prime Minister has announced changes to the ‘Stage 3’ tax cuts that will mean thousands of extra bucks for some low and middle income Aussies Domino’s Pizza has seen its share price plummet nearly 30% after its first half net profit is expected to drop Netflix has struck its biggest deal ever for a live sport with its $5 billion USD deal with t…

Canva is getting close to finalising a secondary share sale with a plan to sell off more than $2 billion in shares. Appen, the ASX-listed AI company, has seen its share price tumble by nearly 40% after it lost its major contract with Google. Zip Co. shares jumped 15% on the ASX after announcing it would be returning to profitability for the first t…

Kmart is hoping to sell its Anko branded products into major US retail stores as it turns its private label-brand into a real, standalone brand. Reddit, the social media platform, has finalised its long-awaited plans to IPO with a plan to go public in March. Uniqlo is suing Shein for allegedly selling dupes of their viral bag. — Build the financial…

Fluxtaposed Prime: January 2024 Kevin and Lucas wake up from a long winters nap to reveal their picks for the best gaming experiences of 2023. It wouldn't be Fluxtaposed if it wasn't late! --- Send in a voice message: https://podcasters.spotify.com/pod/show/fluxtaposed/message

It's our final podcast for the year. Thank you so much for being with us this year as we shared our thoughts on some of the biggest and juicy business news stories in 2023. We'll be back and better than ever on January 22nd, 2024. Have a great break! _ Zoe Foster Blake has bought back a majority stake in her skincare brand for less than a quarter o…

General Pants, Surfstitch and Ginger & Smart are all in survival mode right now as its parent company loses millions of dollars. Zoom has dropped out of the Nasdaq 100 after battling to maintain its relevance and strong performance in 2023. Sportsbet has suffered a double-digit drop in revenue for the third-quarter compared to last year. — Build th…

The new owner of 7-Eleven Australia expects growth to come NOT from petrol but from merchandising - as it aggressively expands its number of stores here. China's consumer prices fell the fastest in three years in November thanks to a major decline in meat sales Tesla has recalled more than more than 2 million cars after its self-driving car feature…

The ACCC is trying to push a merger between Suncorp Bank and Bendigo Bank to take on the Big 4 in banking. The US Federal Reserve has kept the interest rate on pause for a third straight time and hinted of rate cuts next year. Amazon is launching a new competitor to its own book tracking website. — Build the financial wellbeing of your team with Fl…

McDonald’s Australia is facing a Big-Mac sized class action for allegedly forcing staff to work additional hours for free. Hasbro, the toy and gaming maker, has announced 1,100 layoffs after it saw overall revenue decline. Google has lost a major antitrust case against Epic Games that could change the app stores forever. — Build the financial wellb…

Australia’s two largest oil and gas companies are looking to merge in an $80 billion merger. Afterpay has suffered more than $475 million in bad debts in the last 18 months as the buy- now-pay-later industry becomes more challenging. Google has launched its latest AI model Gemini, which apparently outperforms ChatGPT according to Google. — Build th…

Chemist Warehouse is looking likely to list on the ASX before the end of the year in a reverse listing via one of its suppliers. Australia Post has got the all-clear from the government to end daily letter deliveries - in order to keep it financially viable. Twitch is shutting down its operations in South Korea because of ‘prohibitively expensive’ …

Jason and Kevin are old... They forget what the hell they were doing when they take breaks. Find us on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Anchor⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠! Direct RSS Link is ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠HERE⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Join us on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Discord⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠! Support the show and become LEGION over on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Patreon⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠! Follow…

Amazon Prime Video has shaken up the broadcasting landscape after locking in the rights to the Cricket World Cup for Australia. Spotify has just announced its third round of cuts of 2023 as it lays off 1,500 employees to reduce costs. Mastercard has launched a new AI shopping tool to help its customers find the best outfit for a wedding.. Or the be…

7-Eleven Australia has been sold for more than $1.7 billion to the owners of the 7-Eleven parent group in Japan. Aristocrat Leisure, the Aussie gambling machine manufacturer, is hosting a day for its biggest investors to address concerns over its social impact. Dr Martens’ share price dropped over 27% after issuing its fourth profit warning in 12 m…

Temple & Webster, the online furniture retailer, has bucked the cost of living trend with a big jump in sales over the past 5 months. Australia’s inflation rate for October dropped below 5% for the first time in over 20 months. Amazon has entered the AI race with their new chatbot, Amazon Q, that’s designed specifically for businesses. — Build the …

Adore Beauty has knocked back a takeover bid, but whispers of this offer have seen its share price jump 20%. Edrolo, the Australian education startup, has cut a large chunk of its team because AI has disrupted the sector. ByteDance, the owner of TikTok, is scaling back its gaming operations, which could leave 3,000 employees without jobs. — Build t…