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Australia

Coles cashes in with $1 billion earnings after Woolies fumbles the bag...

Coles saw its sales from its supermarket division jump 4.3% to $20.6 billion, while earnings also jumped 7% to nearly $1.1 billion.

Flux team
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1
min read
· Posted on
March 3, 2025

EY Australia's consulting team 'moves the needle' with 100 job cuts because the 'quick wins' just weren't quick enough

EY has announced it will cut about 100 staff from its consulting arm because of a slowdown in the advisory market.

Flux team
~
1
min read
· Posted on
February 28, 2025

All bets are off as PointsBet sells to Mixi for $350 million - leaving BlueBet on the sidelines

Pointsbet has announced plans to sell the Australian and Canadian businesses for $350 million to a Japanese-based bookmaker called Mixi.

Flux team
~
1
min read
· Posted on
February 28, 2025

Woolworths' golden goose stops laying eggs after strikes and shopper switch-ups contribute towards a 20% profit drop

Woolworths will begin a cost-cutting program across the business where it plans to cut $400 million in expenses.

Flux team
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1
min read
· Posted on
February 28, 2025

Bybit loses $1.5 billion USD in crypto in the largest crypto-hack in history - so move over Ocean's Eleven, there's a new heist in town

Bybit sheepishly announced that it was hacked, with more than $1.5 billion USD stolen from their account.

Flux team
~
1
min read
· Posted on
February 26, 2025

Nike teams up with Skims to get an activewear makeover and bring its mojo back...but can Kimmy K save the swoosh?

Nike has announced a new partnership with Kim Kardashian's Skims brand, with a very original name, “NikeSkims”.

Flux team
~
1
min read
· Posted on
February 26, 2025
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Disclaimer: Flux Technologies Pty Ltd (ABN 86 634 507 172) is an authorised representative (Representative No. 1283166) of Mozo Pty Ltd who is the holder of AFSL No. 328141. We also provide general advice on credit products under our own Australian Credit Licence No. 530103. The product information presented does not constitute an offer and we are not recommending or suggesting any particular product. Any product advice presented is of a general nature only, and is not to be taken as any sort of advice as it has not taken into account your personal circumstances, objectives, financial situation or needs. Flux may not cover all products available to you. Check out our Credit Guide and Financial Services Guide for more information.

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