What the Flux

David Jones and the death of the department store?

Welcome to What the Flux Unpacked, where we go deeper into the juiciest business story of the week. Today, we’re unpacking David Jones, the department store giant fight

Anthropic’s record-breaking IPO | Myer says goodbye to WFH | Yo-Chi wants plastic gone

Anthropic has filed to list on the US stock exchange… while warning of AI’s “catastrophic risk” to humanity. Myer is ordering staff in Victoria back to the office five

NextDC’s share plunge: a pinhole in the AI bubble?

Welcome to What the Flux Unpacked! Where we go deeper into the juiciest business story of the week. Today, we’re unpacking NextDC, the data centre giant whose shares pl

NAB plans major job cuts | KFC swaps PepsiCo for Coca-Cola | Cadbury’s Rugby World Cup play

NAB bank is slashing 2,500 jobs over the next nine months… cutting its workforce by 6 percent. After many many years working closely together, PepsiCo has been dropped

Lush’s big breakup with Westfield

Welcome to What the Flux Unpacked! Where we go deeper into the juiciest business story of the week. Today, we’re unpacking Lush Cosmetics - the bath bomb maker cutting

Virgin hikes fares again | Japan’s beer giants under investigation | Domino’s leadership shake-up

Virgin Australia is hiking airfares as fuel prices surge… yet again. Four Japanese beer makers…Asahi, Suntory, Kirin and Sapporo… are being investigated for allegedly t

Coles brings in the robots | Adidas takes White Fox to court | SpaceX's $40B chip deal

Coles is reportedly in talks to bring robots into one of its supermarkets… to turning part of the store into a mini warehouse. Adidas is taking Aussie fashion label Whi

Firmus goes big with IPO | Marley Spoon’s Ozempic turnaround | Barbie's hefty price tag plus a special guest interview with Andrew Canobi

Firmus, the Aussie AI factory builder, has put a near $44 billion price tag on its IPO…which would make it the second-largest IPO in Australian history. Marley Spoon, t

ATO reveals biggest tax avoiders | Getty Images kicked off NYSE | Australia kills credit card surcharges

The ATO has revealed that more than a quarter of Australia's biggest companies paid zero income tax in FY25. Getty Images, the company behind basically every stock phot

RBA pushes rates to 15-year high | Cochlear hit with shareholder class action | AI-agent Instinct quadruples value in 1 month

The RBA has hiked rates for the fourth time this year, pushing the cash rate to 4.60%, its highest level since 2011. Cochlear, the Aussie hearing implant maker, has bee

Myer’s world of pain | OpenAI's rogue agent hacks Medicare | Qantas and Virgin Australia have a new competitor

Myer is hoping Santa can pull its sleigh out of the red, after it made a near-$300 million loss. An OpenAI agent has hacked into a Medicare data portal… and the governm

David Jones loses its luxury brands | Meta's shares boom after its AI agent | Mbappé dumps Nike for On

David Jones is losing its luxury glow-up, with Gucci, Dior and Chanel shoes all walking out the door over unpaid bills. Meta's share price jumped 11% in a single day, w

Stan locks in the Premier League | Miro sells at a steep discount | Zurich bets on hands-free Teslas

Nine Entertainment has doubled down on the English Premier League until 2034 for its streaming platform Stan as it goes harder on live sport. Miro, the digital sticky-n

Woolworths squeezes suppliers (again) | Big Bash opens up to investors | Anthropic wants AI to slow down

Woolworths is allegedly telling suppliers it’ll wipe their products from supermarket shelves… if they don’t agree to lower their prices. Cricket Australia has announced

Xero apologises to accountants | Apple releases its most expensive iPhone | Firmus's deal with the Devil | ETF insights with BlackRock

Xero has apologised to accountants after it paid a small business influencer to promote Xero…and replace accountants altogether with AI. Apple has just launched its lat

ATO hits Big Tech haaard | Nike cut from the S&P 100 | Volkswagen to cut 50,000 jobs

The Australian Tax Office has ruled that Amazon, Google, Netflix and other tech giants need to pay extra tax in Australia…and this could cost them billions of dollars eve

Farming's Long-Awaited Tech Glow-Up

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

The Gym Industry's Cutting Season

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

The Festival Economy Is Broken

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 wor

How ABC Fumbled Bluey's Billions

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